• Investment in Indonesia: Great Opportunities for Steel Producers

    The Indonesian Iron & Steel Industry Association (IISIA) says Indonesia is in big need of investment in the steel industry in order to expand the nation's steel production capacity. In the years ahead, steel demand is expected to rise strongly in Indonesia on the back of construction and infrastructure projects. Without investment, Indonesia will become increasingly dependent on steel imports.

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  • Bank Indonesia Expects Mild Acceleration of Economic Growth

    Bank Indonesia, the central bank of Indonesia, expects the nation's gross domestic product (GDP) to accelerate modestly in the remainder of the year after having recorded slightly disappointing 5.01 percent year-on-year (y/y) growth in both the first and second quarter of 2017.

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  • Trade Balance Indonesia Back to Surplus in August 2017

    Indonesia's Statistics Bureau (BPS) said Indonesia recorded a USD $1.72 billion trade surplus in August 2017, exceeding analysts' expectations and significantly higher than the USD $0.3 billion surplus that was recorded in the same month one year earlier. In fact, it was Indonesia's biggest surplus in nearly five years (in November 2012 Indonesia recorded a USD $1.8 billion trade surplus).

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