• Local Festivals Form Great Strategy to Boost Local Economies

    Events that are organized in the regions of Indonesia should be able to boost the local economies as a big number of domestic and foreign people come to visit the events. These visitors need a place to stay, eat & drink, and are usually interested in buying some local souvenirs. Hence, their money is injected in the local economy.

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  • Indonesia-Australia Trade Deal to Be Completed Before End-2018

    Negotiations related to the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) have entered the final phase. Iman Pambagyo, the Trade Ministry's International Trade Negotiations Director General, said both sides are currently finalizing the agreement. He added that around 85 percent of the agreement has been completed now and the deal is expected to be fully completed before the end of 2018.

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  • Indonesia Investments' Newsletter of 23 July 2018 Released

    On 23 July 2018 Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the past seven days. Most of the topics involve economy and market-related topics such as monetary policy, the fragile rupiah, the trade balance, current account deficit, poverty, and more.

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  • Renewed Pressures Push Indonesia's Rupiah to IDR 14,550 per US Dollar

    The Indonesian rupiah had been fairly stable against the US dollar since Bank Indonesia's aggressive 0.50 percent rate hike in late-June (a move that caught many by surprise). However, after the central bank of Indonesia decided to leave its benchmark interest rate unchanged at the July policy meeting (which was concluded on Thursday, 19/07), the rupiah has become under heavy pressure again.

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