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Indonesia still deserves special treatment in global trade: Economists
Business 6 years ago

Indonesia still deserves special treatment in global trade: Economists

Indonesia still deserves special treatment in global trade despite the United States recently taking the archipelago off its list of developing countries, local economists have said.
Hourly employment scheme must be accompanied by insurance, clear rules: Stakeholders
Business 6 years ago

Hourly employment scheme must be accompanied by insurance, clear rules: Stakeholders

Outsourcing and hourly pay system work in developed countries because they have unemployment insurance, says an economist.
Indonesia’s 2020 budget deficit may widen to 2.8 percent after tax shortfall: Indef
Business 6 years ago

Indonesia’s 2020 budget deficit may widen to 2.8 percent after tax shortfall: Indef

Indonesia’s 2020 state budget deficit may further widen to 2.8 percent of gross domestic product, much higher than the government’s target, as tax reforms are to result in lower revenue collection, economists say.
Jokowi's economic growth target unrealistic: Indef
Business 6 years ago

Jokowi's economic growth target unrealistic: Indef

Indonesia’s GDP grew 4.97 percent between last year’s fourth quarter and the same period the year before, the slowest in almost three years.
New capital city to contribute little to Indonesia’s economic growth: Indef
Business 6 years ago

New capital city to contribute little to Indonesia’s economic growth: Indef

Indonesia’s new capital city will only contribute an additional 0.02 of a percentage point to the country’s economic growth, and the impact will also be short lived, according to Institute for Development of Economics and Finance (Indef) research.
Record-low poverty reduction rate calls for more robust, inclusive economic growth: Expert
Business 6 years ago

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Record-low poverty reduction rate calls for more robust, inclusive economic growth: Expert

“That’s why there needs to be vastly different policies than the previous ones,” said Rusli. “If poverty increases, we risk facing social unrest.
BUMDes face uphill challenges in growing business
Business 6 years ago

PREMIUM
BUMDes face uphill challenges in growing business

Researchers say that BUMDes should focus on meeting the needs of local residents and businesses for further growth.
Repayments slow growth of Indonesia's foreign debt in November
Business 6 years ago

Repayments slow growth of Indonesia's foreign debt in November

Bank Indonesia says the growth of debt is slowing because the principal is being repaid, but analyst suspect a contributing factor is that the private sector is slowing business expansion.
BI says January inflation to hit four-year low
Business 6 years ago

BI says January inflation to hit four-year low

The central bank said that any increase in the prices of some food items due to widespread flooding in January would be offset by declining prices of other commodities.
Machines taking over bureaucracy raises eyebrows
Business 6 years ago

PREMIUM
Machines taking over bureaucracy raises eyebrows

As President Joko “Jokowi” Widodo prepares to replace government jobs with artificial intelligence (AI) to cut red tape amid a big push for investment and bureaucratic reform, observers have raised concerns about the availability of reliable and secure public data.
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