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© Copyright 1997 - 2020 NewsNow Publishing Limited. To see how, and to learn how to control cookies, Please try different keywords. ING analysts expected no further cuts in near-term, saying the rupiah remained susceptible to potential weakness. Restaurants, food stalls contributing to COVID-19 transmission: expert, Dealers logging online to trade drugs amid COVID-19: BNN, South Sumatra: 11 coal miners buried in wall collapse, Commission urges govt to look into 'gross' human rights violations, 'Third party' may be involved in Papuan priest death: minister, Registration opens for APEC App Challenge 2020, Indonesia abstains on US resolution extending Iran arms embargo, Australia provides ventilators to support Indonesia's COVID-19 fight, Indonesia to attend OIC meeting on Israeli annexation of Palestine, Xi vows to assist Indonesia to tackle COVID-19 outbreak, Govt urged to guarantee fair regulations to foreign investors, PM Suga visit a signal for ASEAN partners: Gobel, Govt dispenses special tourism grants to revive tourism industry, Pension ecosystem reform encourages medium-, long-term growth, Plantation company PTPN IV logs net profits of Rp547.90 billion, Two baby Javan rhinos born in Banten's Ujung Kulon National Park: govt, Five Mountains Festival: Solemn prayer for safety during pandemic, Tripadvisor lists Bali among world's top tourist destinations, Tourism minister lauds Bali's readiness to welcome tourists, Wuhan to Natuna: Journalists' take on covering repatriated Indonesians, Covering a COVID-19 burial: The photojournalists' stories, Reporting on COVID-19 mass quarantine 500 meters from Sebaru Kecil, 'Martabak Bangka' set for May 16 release on YouTube, ANTARA's Top 10 medical dramas that will intrigue audiences, Developing Indonesia's defense capability, Network of Epistemic Community: New hope for the future, Ukraine marks the anniversary of the adoption of its Constitution, COVID-19: Strategy for generating revenue by hospitality operators, Stranded far from home: the protection of Indonesian migrant workers, CIIE starts taking applications for 2021 exhibitors, Singapore’s Mediacorp appoints Srijan Technologies as a Software Development partner, MYbank shortens payment cycles for small and micro businesses in the lead up to this year’s 11.11 Global Shopping Festival, Goldman Sachs Merchant Banking Division partners with leading data infrastructure management team and commits up to $500 million to form data center platform, Global Compute, The 26th China Yiwu International Commodities (Standards) Fair to kick off this month with more activities to promote trade, Accelerated state spending to boost economy: minister, State spending in draft 2021 state budget increases Rp2.5 trillion, State debt still under control: deputy minister, Deputy minister calls to emulate values of struggle of heroes, Suahasil Nazara to serve as Indonesia's deputy finance minister, Economic growth in second quarter of 2019 to reach 5.05-5.15 percent, Deputy Minister endorses efforts to optimize state assets, Indonesian domestic market remains strong: ministry, Inflation rate under control: Deputy finance minister, Finance minister : Deputy ministers not to burden budget, President appoints Mahendra deputy finance minister, AP II airports enforce new rules for passenger departures, Nearly 40 thousand train passengers cancel tickets amid COVID-19, KKP distributes 136-ton feed to boost fish farming amid pandemic, AJC identifies vulnerable industries by calculating the risk intensity of value chains to external shocks in their recent report on Resilient GVCs for ASEAN, To get underway on Oct. 11 Pocky certified by GUINNESS WORLD RECORDS™ as the world’s best-selling chocolate-coated biscuit brand (*), Job Creation Law supports economic recovery in Indonesia: World Bank, PAN deplores Polri's treatment meted out to KAMI activists, Indonesia welcomes upcoming visit of Japanese Prime Minister Suga, Governor plans to build railroad in South Sulawesi, South Coast of Yogyakarta not significantly impacted by supermoon. All quotes delayed a minimum of 15 minutes. What Will Indonesia’s Internet Economy Look Like? Indonesia Logs New 4,301 COVID-19 Cases Tempo 11:17 16-Oct-20 Indonesia Secures Access to Promising British COVID-19 Vaccine The Diplomat 11:11 16-Oct-20 LGBT in TNI Not New News, Says DPR Defense Commission Tempo 11:07 16-Oct-20 [JAKARTA] The governor of Indonesia's central bank pledged on Wednesday to provide as much liquidity as required to support economic growth, while vowing to prioritise interest rate policy to... [JAKARTA] Indonesia's economic growth in the first quarter slowed significantly more than expected to the weakest in nearly two decades, as the coronavirus pandemic brought business activity to a... [JAKARTA] Indonesia's inflation rate cooled more than expected in April as curbs to contain the spread of the novel coronavirus continued to dampen demand, data from the country's statistics... [JAKARTA] Indonesia's incoming foreign direct investment (FDI) in the first quarter shrank 9.2 per cent from a year earlier in rupiah terms, as investors delayed business decisions due to the... [JAKARTA] The Indonesian government has prepared a 120 trillion rupiah (S$11.4 billion) stimulus package to support Southeast Asia's biggest economy as the spread of coronavirus disrupts global... [JAKARTA] Indonesia's central bank is likely to revise down its outlook for 2020 economic growth at its next policy meeting as a coronavirus spreads wider globally, its governor, Perry Warjiyo,... [JAKARTA] Indonesia's trade gap widened sharply in January as falling metals prices weighed on exports, data from the statistics bureau showed on Monday. Pundits weigh in. The rupiah has fallen 5.4% this year amid concerns over central bank independence, making it Asia’s worst-performing emerging currency. The BI has cut reserve requirements, loosened lending rules and made direct purchases of government bonds to fund President Joko Widodo’s COVID-19 relief programmes as it tries to help the economy withstand the fallout of the pandemic. ADB encourages websites and blogs to link to its web pages. VERIFICATION EMAIL. The Indonesian government has set a budget of 695.2 trillion rupiahs (some RM195.7 billion) for Covid-19 mitigation and national economic recovery, making the 2020 budget deficit widen to 6.34 per cent of the gross domestic product (GDP). RESEND ― Bernama, ‘Politicial truce’ to benefit status quo, but is it what we need to combat Covid-19? Demand for the country’s exports shrank apace with lockdowns around the world. Indonesian Chamber of Commerce Projects 40% Income Decline due to Covid-19 Tempo 22:48 Thu, 24 Sep. Indonesia expects economy to shrink by 1.7-0.6% this year Fibre2fashion 21:33 Thu, 24 Sep. Indonesia's Recession Predicted to Not Be as Bad as Other Countries Tempo 10:13 Thu, 24 Sep. Please confirm for access to all your SPH accounts. It has delivered 100 basis points of rate cuts so far this year. The Indonesian economy was expected to recover in the third quarter and grow stronger in this quarter, Finance Minister Sri Mulyani Indrawati said yesterday in a virtual financial profession event. But that era offers little guidance to Indonesia today. Gareth Leather, an analyst with Capital Economics, said while further easing is dependent on the rupiah, the currency should stabilise over the coming months due to the shrinking current account deficit and improvement in global risk appetite. The report expects household spending to remain low in the near term, with social restrictions imposed to control the spread of the virus. “Moving forward, consistent and coordinated policy priorities that balance between protecting lives and livelihoods, and ensuring the safe restart of business activities, remain crucial to ensure a swift and inclusive recovery.”. Today, Indonesia is the world’s fourth most populous nation, the world’s 10th largest economy in terms of purchasing power parity, and a member of the G-20. At a press conference on the state budget on September 22, the minister predicted the country's economic growth in the third quarter would contract about 2.8 per cent to 1 per cent. * Governor says QE more effective tool than rates to support GDP, * BI: rupiah “undervalued”, has room to strengthen (Adds comments by economists). Nazara noted that Indonesia was recognized as being a disciplined nation in managing the state budget deficit that has always been below three percent of the gross domestic product (GDP) since 2013. USD/IDR Price News: Indonesian rupiah is off the lows after Retail Sales rebound, Indonesia Soon to Become the Fifth ASEAN Country to Adapt Data Privacy Laws, Singapore offers baby bonuses to encourage births and fight the Pandemic, Hundreds held in Indonesia as tempers flare on second day of protests, Sumatran bridge project in elephant habitat may exacerbate degradation, Indonesia invites Malaysian companies to co-develop halal products industry, Indonesia’s forex reserves drop to $135.2b in September. Which country has the biggest appetite for eating out? cookies to improve your experience and customise advertising. Is Indonesia Ready for the Future of Gold?

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