Tag Archives: businessindonesia

Foreign Capital of IDR 4.23 Trillion Enters Indonesia in the First Week of April

Indonesia3000: Indonesian Business Services Provider Posted on by

Bank Indonesia (BI) reported that non-resident foreign capital inflows into the domestic financial market amounted to IDR 4.23 trillion, according to transaction data April 3-5 2023. Erwin Haryono, as the Executive Director of the BI Communication Department explained, the nominal was obtained based on the accumulation of sales of Government Securities (SBN) worth Rp. 2.13 trillion plus a net purchase of Rp. 2.10 trillion on the stock market. “During 2023, based on settlement data up to April 5, 2023, non-residents bought IDR 59.00 trillion net on the SBN market and IDR 4.65 trillion net bought on the stock market,” said Erwin in … Continue reading →

Digital economy expected to continue to improve: Minister Hartarto

Indonesia3000: Indonesian Business Services Provider Posted on by

Jakarta (ANTARA) – Indonesia’s digital economy is projected to continue to grow due to the high Internet penetration rate of around 78 percent and the country’s large population, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto. “In 2022, 40 percent of the world’s total digital transactions were made from Indonesia, namely US$77 billion. With the majority of the population entering the productive age, Indonesia’s digital economy will continue to grow,” he said on Wednesday. Hartarto made the statement virtually at the launch of the East Ventures Digital Competitiveness Index (EV-DCI) 2023: Digital Justice for All Indonesian People report in Jakarta. According … Continue reading →

Indonesia’s economy remains strong amid global uncertainty

Indonesia3000: Indonesian Business Services Provider Posted on by

The foundation of Indonesia’s economy remains strong in the face of global economic uncertainty that has caused the closure of banks in several countries, according to a finance official. “Our economic growth outlook is still very strong. In 2023, we expect economic growth to be in the range of between 5.0 to 5.3 percent annually,” Deputy Minister of Finance Suahasil Nazara said during the OCBC NISP Business Forum on Tuesday. Moreover, the Consumer Trust Index in February 2023 is still within the optimistic zone, or above 100, with a score of 122.4, which is a foundation for optimism toward economic … Continue reading →

Confident of West Java’s positive economic growth in 2023: Bank Indonesia

Indonesia3000: Indonesian Business Services Provider Posted on by

Bandung, West Java (ANTARA) – Bank Indonesia (BI) stated that it is optimistic that West Java will record positive economic growth this year on the back of improving household consumption, investment, and financial sector performance. This optimism is based on the province’s economic growth in 2022, which showed a positive growth of 5.45 percent and exceeded national economic growth of 5.31 percent, head of BI’s West Java Representative Office, Erwin Gunawan Hutapea, informed. “That West Java’s economic growth is supported by positive performance of household consumption owing to relaxed restrictions on community activities, supported by export and investment performance,” he … Continue reading →

Indonesia’s Military Strength Soars to 13th in the World Ranking, Dropping Egypt and Iran

Indonesia3000: Indonesian Business Services Provider Posted on by

It seems that the capability of the Indonesian military forces cannot be underestimated. Based on the 2023 World Military Strength Index released by Global Firepower, Indonesia is ranked 13th with a score of 0.2221, up two levels compared to last year’s 15th position. position 14 to 17. In addition, Indonesia should be proud because the country’s military strength is still ranked first in Southeast Asia. The title of strongest military in the world this year is still held by the superpower, the United States with a PwrIndx score of 0.0712, followed by Russia (0.0714), China (0.722), and India (0.1025). These four countries have never … Continue reading →