Blogs by tag - #indonesia #economy #forecast

Labor intensive programs to bounce back during pandemic

President Joko Widodo (Jokowi) has urged the regional governments to have in place more labor-intensive programs to boost the people's purchasing power and drive consumption.The head of state noted...

Indonesia's economic conditions better than average

Indonesia's economic growth in 2020, which contracted by 2.07 percent (yoy), was above the global average, according to Kunta Wibawa Dasa Nugraha, expert staff in charge of state expenditure affair...

Coming Soon: Positive Investment List for foreign investors

Indonesia’s government is preparing to issue Presidential Regulation (PR) on investment business fields — dubbed the positive investment list — which aims to reduce the number of business sectors r...

Singapore to be the top investor in Indonesia last year

Singapore remained the largest investor in Indonesia last year, with investments totaling US$9.8 billion, according to the Investment Coordinating Board (BKPM).Next was China with an investment of ...

What is the aim of Indonesia's Sovereign Wealth Fund?

Indonesia’s soon-to-be launched sovereign wealth fund (SWF) is targeting US$20bil in investment in the next few months, President Joko Widodo said, a larger sum than previously announced afte...

Export has increased in last year

The Central Statistics Agency (BPS) announced on Friday that Indonesia's export value in December 2020 had risen by nearly 14.63 percent year-on-year (yoy), from the corresponding period last year...

Investment in energy is needed in Indonesia

The Energy and Mineral Resources Ministry is targeting an investment of US$5.98 billion in the mineral and coal sub-sector in 2021. The investment target for 2021 is lower than the previous year'...