Indonesia strives for conclusion of RCEP talks

Trade Minister Enggartiasto Lukita (JP/Stefani Ribka) Indonesia is committed to accelerating negotiations on the Regional Comprehensive Economic Partnership (RCEP), said Trade Minister Enggartiasto Lukita said at the 21st round of RCEP negotiations, recently. He said...
Jakarta economy grows 6.22% in 2017

Jakarta economy grows 6.22% in 2017

Jakarta | Tue, February 6, 2018 | 05:54 pm The Central Statistics Agency has revealed that the Jakarta economy grew 6.22 percent year-on-year (yoy) in 2017, higher than the 5.88 percent recorded in the previous year. Last year’s growth in the capital was also...

Fintech lending boom in Indonesia

P2P platforms help meet US$73bil credit shortfall JAKARTA: Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a...

Indonesia economy hits trillion-dollar milestone

JAKARTA: Indonesia’s economy, the largest in South-East Asia, hit a milestone last year by reaching US$1 trillion, yet the mood wasn’t celebratory as the government continued to miss its revenue targets. Gross domestic product (GDP) was an estimated US$1.004 trillion...