Indonesia posts first trade deficit in 6 years
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Indonesia posts first trade deficit in 6 years
JAKARTA – Indonesia’s balance of trade has turned negative for the first time in six years as skyrocketing oil prices pushed up imports while weak global demand weighed on exports. In a press conference on July 1, Statistics Indonesia (BPS) official Ateng Hartono said the US$1.61 billion (S$2 billi»»»
Uncertainty Triggers Gold Price Rise
JAKARTA, KOMPAS – Amidst the uncertainty of the global economy, investment products or gold savings tend to become a preferred choice for hedging assets. As a result, gold prices domestically continue to soar, compounded by the pressures currently faced by the exchange rate. On the other hand, the »»»
Indonesia focus on trade competitiveness : Trade Minister
Jakarta (ANTARA) - Trade Minister Budi Santoso has said that he will double down on efforts to improve Indonesia's trade competitiveness to anticipate the United States' economic policy change under Donald Trump following his presidential election win. Improving the nation's competitiveness will be»»»
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