Kontan Online

Macroeconomics

Budget deficit to widen to 2.6 percent of GDP

8 Day(s) 20 Hours 11 Minutes Ago

"We are likely to raise the deficit to 2.6 percent or it will slightly be higher than that," Sri Mulyani said

BI estimates economic growth at 5.17% in 2017

12 Day(s) 6 Hours 8 Minutes Ago

Governor of the Indonesian Central Bank Agus Martowardojo has lowered the projection of economic growth for 2017 to 5.17% yoy

State budget set between Rp 2.20q-Rp 2.35q in 2018

15 Day(s) 11 Hours 55 Minutes Ago

State expenditure would still largely focus on infrastructure construction, education and health cares.

Fuel distributor braces for mass exodus season

22 Day(s) 16 Hours 7 Minutes Ago

Last year, around 26 million people participated in the exodus, with some 5 million using private vehicles

Indonesia seeks to increase CPO exports to China

13 Day(s) 18 Hours 48 Minutes Ago

President Joko Widodo in his meeting with Chinese President Xi Jinping raised the Indonesian interest in increasing CPO exports

Foreign reserves rise to US$123.1 billion in April

20 Day(s) 8 Hours 46 Minutes Ago

The increase in April was mainly supported by foreign exchange earnings.

Bali's imports plunge 61 percent

22 Day(s) 8 Hours 40 Minutes Ago

The imports mostly comprised machines and goods to produce a variety of commodities and souvenirs for export