#account deficit

Collection of account deficit news, found 455 news.

Pertamina told to buy all oil produced by KKKS contractors

State energy company PT Pertamina has been asked to buy all oil production of contractors operating as production ...

Bank Indonesia raises reference rate to reduce deficit

Bank Indonesia (BI) has decided to raise its reference "7-Day Reverse Repo Rate" by 0.25 percent to 5.5 ...

Local content prerequisite in power plant projects

Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said power generating projects of state-owned power ...

Indonesia`s banks not too worried by falling value of Rupiah

The Association of state owned banks (Himbara) said it was not too worried that the falling value of rupiah would ...

Indonesia needs to encourage export to narrow CAD: KADIN

Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Rosan Roeslani said that the country would need to ...

Govt to reduce imports without disrupting growth

The Indonesian government is considering reducing the import of several types of raw materials and consumer goods to ...

Beware of impact of Turkey economic conditions: President

President Joko Widodo (Jokowi) has reminded his cabinet ministers to beware of the impact of global economic ...

Jakarta index shrinks 3.55 percent

The Jakarta composite index (IHSG) sank 3.55 percent on Tuesday on negative sentiments in the market, analysts ...

Rupiah falls in value against dollar

The Indonesian currency rupiah fell in value closing at the level of 14,610 per U.S. dollar in inter-bank transactions ...

Bank Indonesia to keep current account deficit below 3 percent

Bank Indonesia said it is confident it would be able to keep the country`s current account deficit below 3 percent by ...

Association claims to convert 40 percent of export earnings into rupiah

The Indonesian Exporters Association (GPEI) has claimed that exporters have converted 40 percent of export earnings ...

BI believes 20% biodiesel mix could improve current account deficit

Bank Indonesia (BI) believes the government`s policy to optimize the use of B20 biodiesel could lower Indonesia`s ...

Asian Games 2018

BI asked to move faster in intervention to prop up Rupiah

A lawmaker urges Bank Indonesia (BI) to move faster in forestalling impact of any external factor weakening rupiah to ...

Current transaction deficit is within safe limits: BI

Indonesia`s current transaction deficit at the end of 2018 will still remain within the safe limits although it is ...

Government accelerates mandatory biodiesel mix policy to reduce trade deficit

President Joko Widodo, commonly known as Jokowi, will continue to supervise the accelerated implementation of the ...