Tag Archives: investmentinindonesia

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

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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 →

Indonesia’s Manufacturing Sector Continues to Expand, Industry Players Optimistic

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The performance of the non-oil and gas processing industry sector in Indonesia was still maintained stably in the middle of the first quarter of this year. The news provides optimism and motivation to achieve better results in the future. Sourced from Indonesia.go.id, in the S&P Global report in early March 2023, they released the Indonesian Manufacturing Purchasing Managers’ Index (PMI). The report shows that Indonesia’s Manufacturing PMI remains at 51.2, indicating expansion in February. Indonesia’s manufacturing PMI results in the second month of this year also show that Indonesia’s manufacturing sector remains strong and has been able to sustain its 18th consecutive … Continue reading →

Indonesia Strengthens Digital Economic Cooperation with Singapore

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Jakarta (ANTARA) – Coordinating Economic Affairs Minister Airlangga Hartarto has met with Senior Minister and Coordinating Minister for National Security of Singapore, Teo Chee Hean, in Jakarta to discuss strengthening digital economic cooperation between the two countries. Indonesia and Singapore agreed to strengthen cooperation in the digital economy, especially for the development of human resources, through the Tech Talents Program. Hartarto said that development of the quality of human resources is a supporting factor in increasing a country’s competitive capabilities. “The Tech Talents program that is being discussed by the two countries can be developed for mutual benefit for young … Continue reading →

Export-Import Positive, RI Trade Balance January 2023 Surplus Nearly IDR 4 Billion Dollars

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Indonesia’s export-import sector is still showing quite good growth by maintaining a surplus for 33 consecutive months. In January 2023, the trade balance recorded a surplus of IDR 3.87 billion US dollars. Import performance was reported to have grown by 1.27 percent yoy with a total of IDR 18.44 billion US dollars. Among these incomes, consumer goods contributed a positive growth of 1.09 percent yoy, then capital goods 5.66 percent yoy, and auxiliary raw materials 0.41 percent yoy. Commodities that dominated imports during this period included machinery, electrical equipment and their parts, and other main commodities. The United States, the Philippines and … Continue reading →

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

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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 →

Expect inflation decline, improved recovery in second half: Minister

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A decline in inflation, a stable and cheaper price trend, and improved recovery are expected in the second half of this year, Finance Minister Sri Mulyani Indrawati has said. “This sparks new hope that in 2023, at least in the second half, we will see a much more positive combination of reduced inflation and better recovery,” the minister said at the “Mandiri Investment Forum 2023” here on Wednesday. This would be the result of easing of pressure factors stemming from policy response, such as monetary restrictions and a decline in the ever-growing interest rate imposed by monetary authorities. Some countries … Continue reading →

This year Indonesia is hosting 9 world-class events, what are they?

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The successful holding of last year’s G20 Summit in Bali succeeded in enhancing Indonesia’s image in the eyes of the world. Many appreciations came from officials and foreign media. Likewise with the WSBK and Moto GP 2022 events at the Mandalika Circuit. This year, Indonesia has again received the mandate to host various prestigious international level events, ranging from world-class championships to conferences throughout Southeast Asia. There are at least 9 events that have been confirmed to be held in Indonesia throughout 2023. The following is a summary. F1 Superboats Lake Toba, North Sumatra, is getting ready to host a super fast … Continue reading →

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

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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 →