Wishnutama Will Hire 15 Foreign Influencers to Promote Tourism
Tourism Minister Wishnutama Kusubandio said the Rp27 billion budget would not merely be used to pay influencers but also to fund other programs. Tourism Minister Wishnutama Kusubandio said the Rp27 billion budget would not merely be used to pay influencers but also to fund other programs. At least…
BI Continues to Intervene in Markets as Foreigners Sell Indonesian Securities
Bank Indonesia (BI) has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond markets so far this month as big sell-offs sent stock markets around the world into a tailspin amid fears over the global spread of the coronavirus. Bank Indonesia (BI) has pumped…
US Unilateral Decision may Affect Indonesia’s Current Account
The United States (U.S.) government’s unilateral decision to exclude Indonesia from the list of developing nations can affect its current account, the Institute for Development of Economics and Finance (Indef) has opined. The decision should serve as an early warning to our government. If we…
Indonesia Invites Saudi Arabia to Invest in its Sovereign Wealth Fund
Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board, particularly through the planned sovereign wealth fund. Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board to invest more in Indonesia, particularly through the planned sovereign wealth fund that is…
Top 10 Aspects of Indonesia Australians are Interested About
The ratification (10/2) of the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) leaves much to be desired from the average Australian. According to a 2016 Australia-Indonesia Centre Report, they are more interested in Indonesia’s culture, history, and food.
Productivity of Manufacturing Plants in ASEAN 2019
Indonesia’s productivity of plants in the manufacturing industry scored 74.4. and lags behind most ASEAN countries. JETRO Jakarta Senior Director, Wataru Ueno said Indonesia’s industrial sector lags behind due to its dependence on commodities that hamper the manufacturing sector’s development. The survey was conducted to…
Refreshing Ties amidst Global Uncertainties
“Not just close neighbours — but great friends,” Scott Morrison said during his first international visit as Prime Minister in 2018, as stated in an ABC News article. This year marks the 70th anniversary of Australia-Indonesia diplomatic relations, reaching a pivotal highlight when Indonesian President…
Refreshing Ties Amidst Global Uncertainties
Coronavirus Could Damage Global Growth in 2020: IMF
The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow. The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic…
Guide to Omnibus Bill on Job Creation: 1,028 pages in 10 minutes
Last week the government submitted the controversial omnibus bill on job creation to the House of Representatives, aiming for a conclusion in deliberation within 100 days. Last week the government submitted the controversial omnibus bill on job creation to the House of Representatives, aiming for…