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current-account-deficit

Coal production at 37.11 percent of full-year target
Business 7 years ago

Coal production at 37.11 percent of full-year target

Indonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year. However, President Joko “Jokowi” Widodo has said he wanted Indonesia to further increase coal production to 585 million by year-end as part of efforts to narrow the current-account deficit (CAD).
JCX performance down 0.43% midday Tuesday
Business 7 years ago

JCX performance down 0.43% midday Tuesday

The Jakarta Composite Index (JCX) had fallen 0.43 percent to 5,836.15 by midday on Tuesday, following a sharp drop of 3.55 percent the previous day.
Lowering deficit will ease pressure against rupiah: Sri Mulyani
Business 7 years ago

Lowering deficit will ease pressure against rupiah: Sri Mulyani

The government has said it will monitor fundamental indicators of the economy as renewed pressures stemming from Turkey reverberated throughout emerging markets economies, while emphasizing its priority to cut the current account deficit (CAD).
Government prepares incentives for export-oriented, tourism industries
Business 7 years ago

Government prepares incentives for export-oriented, tourism industries

The government is preparing incentives for export-oriented and tourism industries to support the flow of foreign exchange into the country.
Current account deficit to reach 2.3 percent in 2018: BI
Business 7 years ago

Current account deficit to reach 2.3 percent in 2018: BI

Bank Indonesia (BI) has projected that the country’s current account deficit will reach 2.3 percent in 2018, higher compared to consensus estimates of 2.0 percent, as imports continue to rise against exports.
Indonesia posts US$1b balance of payments surplus in 4th quarter of 2017
Business 8 years ago

Indonesia posts US$1b balance of payments surplus in 4th quarter of 2017

Indonesia recorded a US$1 billion balance of payments surplus in the fourth quarter of 2017 on the back of improving capital and financial accounts amid rising inflows.
Indonesia records $4.5b surplus in balance of payment
Business 8 years ago

Indonesia records $4.5b surplus in balance of payment

Indonesia recorded a US$4.5 billion surplus in its balance of payment (BoP) in the first three months of the year, thanks to the surplus in the capital and financial accounts and despite a deficit in the current account.
BI revises current account deficit projection
Business 9 years ago

BI revises current account deficit projection

Bank Indonesia (BI) has revised down its current account deficit projection for this year as the global financial outlook remains uncertain, although the domestic economy is expected to grow at a healthy clip.
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