Friday, April 19, 2019

State budget

State budget

S&P Cautions on Worsening Balance Sheets at Indonesian State Firms

Jakarta -- Standard & Poor's Global Ratings has highlighted a deterioration in the balance sheet of Indonesian state enterprises involved in a government-led infrastructure...

With Fastest Growth in Four Years, Indonesia Enters Trillion Dollar Club

Jakarta -- Indonesia's full year gross domestic product (GDP) growth last year accelerated at the fastest pace in four years, as robust exports and...

Indonesia to strive for poverty rate below 10 percent

Jakarta -- National Planning Development Minister Bambang Brodjonegoro has said that the government plans to lower the poverty rate to below 10 percent this...

Indonesian Economy in Good Health Despite Rising Oil Prices: Central Bank

Jakarta -- Bank Indonesia (BI), the country's central bank said local economy remains in check despite rising global oil prices. Nevertheless, BI warned that...

Indonesia backpedals on coal production cap

Jakarta -- It is unlikely that Indonesia will set a cap on coal production in the near future due to uncontrollable coal mining activities...

Gov’t Moves Forward With Plan to Complete TransJava Toll Road by End-2019

Jakarta -- The government is moving forward to with its plan of completing construction on the 1,167 kilometer TransJava toll road, which will connect...

Sri Mulyani estimates 5.05% economic growth this year

Jakarta -- Finance Minister Sri Mulyani Indrawati has set a more realistic forecast for economic growth of 5.05 percent year-on-year (yoy) by year end,...

Airbus Considers Building New Maintenance Facility in Indonesia

Jakarta -- Airbus, a French aircraft manufacturer, is mulling a plan to build a maintenance facility in Southeast Asia's largest Muslim-majority country in partnership...

Indonesia to Consider Universal Basic Income

Jakarta -- Indonesia is studying the possibility of implementing the idea of universal basic income (UBI) in anticipation of automation-triggered mass layoffs in the...

Central Bank Expects $9b Balance of Payments Surplus in 2017

Jakarta -- Indonesia expects a balance of payments of surplus of US$9 billion this year, more than previously forecast but less than 2016's surplus,...

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