Category Archives: Trading

Indonesia ends nine-year deficit streak, posts current account surplus

Jakarta (ANTARA) – Indonesia posted a current account surplus of US$1 billion in the third quarter of 2020 after suffering current account deficit for nine years.The country last witnessed a current account surplus of US$468 million in the third quarte…

New digital-based MSMEs to become source of economic growth: Governor

Jakarta (ANTARA) – The emergence of new digital-based micro-, small-, and medium-scale enterprises (MSME), supported by millennials, will become a new source of the country’s economic growth amid the COVID-19 pandemic, Bank Indonesia (BI) Governor Perr…

Eye on exports, ministry, sugar palm body seek to boost cultivation

Jakarta (ANTARA) – The Ministry of Agriculture and the Indonesian Sugar Palm Association (AAI) have formulated strategic steps to raise the cultivation of sugar palm, both to increase production as well as exports.During a meeting with Minister of Agri…

BI buys Rp342.52 trillion worth of government’s sovereign debt papers

Jakarta (ANTARA) – Bank Indonesia (BI) bought government-issued sovereign debt papers (SBN) worth Rp342.52 trillion through a market or direct mechanism until Nov 17, 2020, to support the state budget in financing the National Economic Recovery (PEN) P…

Indonesia to play key role in Asia-Pacific economic integration: ABAC

Jakarta (ANTARA) – Indonesia will have an important role to play in the economic integration of the Asia Pacific region and support regional economic recovery through openness to investment and advanced industries, according to APEC business advisors.”…