Tag: Indonesian economy
Indonesia’s 2023 Trade with Arab Nations Hits $32 Billion
Indonesia's trade with Arab nations surged to a record $32 billion in 2023, marking a significant milestone in the country's economic relations. This substantial figure underscores the growing economic ties between Indonesia and the...
Rudiantara Supports Tom Lembong, Attends Interim Verdict Hearing
Former Minister of Communication and Information (Menkominfo) from 2014 to 2019, Rudiantara, made an appearance at the interim verdict hearing of the alleged corruption case involving sugar importation that implicated former Minister of Trade...
BPS Reports First Deflation in February 2025 | What Happened?
In February 2025, the Central Statistics Agency (BPS) reported the first annual deflation of 0.09 percent year-on-year (yoy). This marked a significant shift from the last recorded annual deflation in March 2000 when deflation...
Prabowo to Inaugurate Gold Bank, OJK: Boosts Liquidity
Prabowo Subianto, the former general and political figure, is scheduled to inaugurate the launch of a Gold Bank in Jakarta. The event is set to take place on Thursday, November 28, 2024, and is...
Menkeu Menjamin Tidak Adanya PHK Honorer
Finance Minister Sri Mulyani Ensures No Layoffs for Contract Workers In a recent press conference held virtually on Friday (February 14, 2025), Finance Minister of Indonesia, Sri Mulyani, made a crucial announcement emphasizing that the...
Tax Incentive for Homes Under Rp 5 Billion by Sri Mulyani
Summary: The Minister of Finance, Sri Mulyani Indrawati, has introduced a tax incentive for the delivery of houses and apartments under a certain price range through a government-funded value-added tax (VAT) incentive program. This initiative...
