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JAKARTA, Sept 11 (Reuters): A key Indonesian parliamentary committee on Friday reached an agreement with the government to expand the 2021 budget deficit to 5.7% of gross domestic product, from 5.5% initially proposed by President Joko Widodo, the committee chairman said.
JAKARTA (The Jakarta Post/ANN): Indonesian stocks fell 5 per cent on Thursday (Sept 10)morning following the Jakarta administration’s decision to retighten its restrictions, prompting the bourse to halt trading for 30 minutes.
JAKARTA: Indonesia must synchronise monetary and fiscal policies better to tackle economic pressures caused by the pandemic, although the government does not back a proposal for a monetary board to oversee the country’s central bank, a top minister told Reuters
JAKARTA: Indonesia, the world's largest palm oil producer, plans to revise its palm oil export levy rules to allow higher collection when prices increase, a senior cabinet minister told Reuters, as part of moves to underpin an ambitious biodiesel programme.
JAKARTA (The Jakarta Post/ANN): The government has postponed the plan to construct Indonesia's new capital city in East Kalimantan as the country switched its priorities to mitigating the coronavirus pandemic, an official has said.
JAKARTA (The Jakarta Post/ANN): President Joko Widodo has established a national team to accelerate the development of a possible Covid-19 vaccine and to improve the country's resilience in responding to the pandemic.
In his commentary, writer Richard Heydarian says that Filipino President Rodrigo Duterte may be unique in the Philippine context, but he is simply the latest iteration of a broader phenomenon in the post-colonial world
JAKARTA (Reuters) - Indonesia, the world's largest palm oil producer, plans to revise its palm oil export levy rules to allow higher collection when prices increase, a senior cabinet minister told Reuters, as part of moves to underpin an ambitious biodiesel programme.
JAKARTA, Sept 8 (The Jakarta Post/ANN): The Indonesia Defence Ministry is set to renegotiate funding for a joint-development project for jet fighters with South Korea following payment issues on Indonesia’s part.