Indonesia to Stop Importing Jet Fuel, Diesel Next Month

... order to reign in its current account deficit, a senior minister said last ... [stopping import] will help the current account, in addition to encouraging more ... next quarter," Darmin said. Indonesia's current account deficit narrowed to $7 billion or ...

Forex Reserves Dip in April as Gov't Pays Off Overseas Debts

... of imports. "Bank Indonesia considers the official reserve ... said Onny Widjanarko, Bank Indonesia's communications director. The ... adequate to support Indonesia's economic stability ... percent this year. Indonesia's current account deficit — which shows that ...

2019 Election: Jokowi's Stability vs. Prabowo's Protectionism

... investors and foreign companies in Indonesia with his protectionist approach. With ... last year to curb Indonesia's swelling current account deficit. Jokowi also declared that ... on protectionists measures, proclaiming that Indonesia should not be a "slave ...

Indonesia Prepares New Strategy to Meet 2019 Tourist Arrival Target

... plugging the country's persistent current-account deficit. Guntur Sakti, head of ... cheaper for tourists to visit Indonesia from neighboring countries. Malaysia, ... promote several destinations beyond Bali, Indonesia's most popular destination. The ...

Bank Indonesia Holds Key Rate, Says Current Level 'Near Peak'

... s economy and Indonesia's record 2018 trade deficit of $8 ... .57 billion. Bank Indonesia Governor ... to bring down the current-account deficit and maintain the yield ... rupiah's recent stability, Bank Indonesia should "remain dovish, unless ...

Indonesia Posts Record Trade Gap in 2018, December Exports Sink

... the trade data could mean Indonesia's current-account deficit in the final quarter ... expected. Bank Indonesia Governor Perry Warjiyo previously said the current-account gap in ... the balance" and improve the current-account deficit. In December, exports dropped 4 ...

Indonesia to Bump Up Retail Bond Sales Volume in 2019

Jakarta. Indonesia aims to nearly double its ... war, and its own ballooning current-account deficit, sent the rupiah to its ... hold around 37 percent of Indonesia's high-yielding sovereign bonds ... , to fund an estimated fiscal deficit of 1.84 percent of ...

Confidence Returns to Indonesia's Financial Markets

... of the US dollar. Indonesia's current-account deficit, the main culprit for the ... oil prices should help Indonesia lower its current-account deficit. "With Brent down 36 ... has been weighing on the current account and, in turn, [become] a ...

IDX Ends 2018 in the Red After Rough Year for Equities; Eyes Better Performance in 2019

... The market capitalization of Indonesia's stock market meanwhile ... factors. He said Indonesia's large current-account deficit put pressure on ... fully committed to strengthening Indonesia's stock market, ... these are penny stocks. Indonesia's shallow capital markets ...

Major Events That Have Marked 2018 in Indonesia

... chairman of the opposition Great Indonesia Movement Party (Gerindra), also ... 189 countries, attended the meetings. Indonesia secured numerous deals in infrastructure ... this year due to Indonesia's widening current-account deficit, exacerbated by the ongoing ...