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View all search resultsSince around summer last year, there has been a significant shortage of high-strength bolts, which are widely used to connect steel beams in building construction.
State-Owned Enterprises Minister Rini Soemarno has said the government does not expect big revenue from gold and copper miner PT Freeport Indonesia (PTFI) in the next three years, following a US$3.85 billion divestment deal.
Coordinating Economic Minister Darmin Nasution said Indonesian exports to China were likely to drop this year, because China’s economic growth projection for this year was only 6.2 percent, compared to growth of 6.6 percent in 2018.
Americans will begin feeling the effects next year of a marked slowing in world economic growth but should be spared a new recession, the chief economist of the International Monetary Fund said in remarks published Sunday.
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