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Crude Hurdles in Getting New Oil Refineries
Pertamina’s six refineries, which have a combined capacity of 1 million barrels of crude oil per day, include this facility in Cilacap, Central Java. (Reuters Photo) Declining reserves, negotiations on...
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Indonesia Posts Record Trade Deficit in July on Oil and Fuel Imports
In this photograph taken on August 28, 2013, a worker processes imported soybeans from US into tempeh at a factory in Malang in eastern Java island. Indonesia’s trade deficit unexpectedly hit a record...
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Agriculture Sector Is Falling Behind: BPS
Not for Sale: Massive land conversions have impeded growth in the agricultural sector. (JG Photo/Rezza Estily) Indonesia’s agriculture industry has seen growing productivity over the past decade...
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Indonesia’s Inflation Slows to 8.40% in September; Trade Surplus in August
A worker walks between dried fish during dry fish processing at Marunda beach in North Jakarta, September 2, 2013. (Reuters Photo/Beawiharta) Updated at 10:10 p.m. on Oct 1, 2013. Indonesia’s inflation...
View ArticleIndonesia Trade Deficit Narrows in Q3; Inflation Eases
Indonesia’s trade deficit narrowed in the third quarter as the country’s imports slowed due to weaker domestic demand and a weakening rupiah. The country posted a trade deficit of $2.9 billion in the...
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Fuel, Ineffective Programs Lead to Higher Poverty
A homeless woman sleeps as a train passes by at Senen Station, in Jakarta, on Sept. 17, 2009. (JG Photo/ Afriadi Hikmal) A new report released by the Central Statistics Agency, or BPS, shows an...
View ArticleAmid Signs of Waning Graft Tolerance, a Call for Public to Push Back
Indonesian society is showing a growing intolerance toward corruption, deeply entrenched in virtually all levels of government and the provision of public services, but analysts say the aversion needs...
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Indonesia Inflation Rate Drops as Transportation Prices Fall
A man adjusts the oil price tag on a board of a fuel station in Jakarta. (AFP Photo/Bay Ismoyo) Jakarta. Indonesia’s inflation rate decelerated in January on lower transportation prices, following the...
View ArticleRice Production Down, Across Country in 2014
Jakarta. Rice production fell 0.6 percent to 79.83 million tons of unhusked rice in 2014 from a year earlier, due to decreased areas of harvesting and lower productivity rates, according to data...
View ArticleIndonesia’s Unemployment Rate Increases as Economy Slows
Jakarta. Indonesia’s unemployment rate increased in February, according to the latest data from the Central Statistics Agency, or BPS, amid slower economic growth. BPS’s February 2015 data, released on...
View ArticleIndonesia Records Seventh Consecutive Month of Trade Surplus
Jakarta. Indonesia posted a $477 million trade surplus in June, narrowing from a revised $1.1 billion in May as exports of coal and palm oil continue to fall, the country’s statistics agency said on...
View ArticleRice Imports in June Rose 137 Percent From May
The post Rice Imports in June Rose 137 Percent From May appeared first on The Jakarta Globe.
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Indonesia’s Foreign Tourist Arrivals Fall 4.27% in June
A tourist surfing at a beach in Bali, in this Aug. 13, 2014, file photo. (EPA Photo/Made Nagi) Jakarta. Indonesia’s foreign tourist arrivals fell 4.27 percent in June from a year ago, after rising 5.47...
View ArticleIndonesia July Inflation Accelerates Above Expectations
[The story was first published on 11:26 a.m. It was updated to add details, quotes from analyst] Jakarta. Indonesia’s annual inflation rate in July was a higher-than-expected 7.26 percent, the...
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