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Berita Hari Ini GDP

  • Bank Indonesia and World Bank: How to Escape the Middle Income Trap?

    The Governor of Indonesia’s central bank (Bank Indonesia), Agus Martowardojo, said that the Indonesian economy can grow more than six percent provided that several important structural reforms will be implemented in order to avoid the middle income trap. This trap occurs when rapidly growing economies stagnate at middle-income levels for many years, thereby failing to reach a high income level (as has been the case with Brazil, Mexico, South Africa and other middle income countries from the early 1980s to the mid-2000s).

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  • Automotive Industry Indonesia: Car Exports in 2014 Rising Steadily

    Indonesian car exports may reach 310,000 vehicles in 2014, a 12.72 percentage point growth from last year (275,000 vehicles). Exports of completely built up (CBU) units are expected to number 200,000 while completely knocked down (CKD) units are estimated to reach 110,000 units by the year-end. Indonesian Industry Minister MS Hidayat confirmed that the automotive industry of Indonesia has shown good performance. Currently, Indonesian automotive products are exported to a total of 80 countries.

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  • Indonesia Investments' Newsletter of 15 June 2014 Released

    On 15 June 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic topics such as the central bank’s benchmark interest rate policy, car sales, foreign investment, a rupiah exchange rate update, the latest news concerning the presidential elections of 2014, and more.

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  • Update Indonesia's Current Account Deficit and Foreign Exchange Reserves

    Indonesian Finance Minister Chatib Basri said that the country's current account deficit, the broadest measure of international transactions, may widen in the second quarter of 2014 as many local companies engage in business expansion. Such expansion usually triggers an increased amount of imports, thus impacting on the trade balance. A widening current account deficit in the second quarter of the year is a normal trend. The balance usually improves in the third and fourth quarters.

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  • Growth in Indonesia's Non-Oil & Gas Industry Outpaces GDP Growth

    The non-oil & gas industry of Indonesia grew 5.56 percent in the first quarter of 2014. Although general economic growth in Southeast Asia's largest economy has slowed to 5.21 percent in the first quarter, several industries such as the Food and Beverage Processing Industry, the Transportation Equipment Industry, Machinery & Equipment Industry, as well as Farming & Plantation-based Industries post strong growth. The Indonesian Industry Ministry targets a 6.5 percentage rate for the country's industrial sector in 2014.

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  • Political Stability Needed in East Asia to Enhance Higher Economic Growth

    The start of the ASEAN Economic Community (AEC) in 2015 will turn the ASEAN region into a strong economic block. However, the region should enhance political stability and foster economic justice. These are the two basic conclusions drawn in the World Economic Forum on East Asia in Manila (the Philippines) on Thursday (22/05). This forum is a meeting place for state leaders, global businesses, politicians as well as scholars. Indonesian President Susilo Bambang Yudhoyono was one of the attendees.

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  • Government of Indonesia Needs to Revise GDP Growth Target for 2014

    The Indonesian government announced to revise its GDP growth target for 2014 after seeing the disappointing economic growth result in the first quarter of 2014. Last week, Statistics Indonesia (BPS) had announced that GDP growth in Q1-2014 only amounted to 5.21 percent, far below official growth targets as well as analysts' forecasts. Indonesia's slowing growth was caused by slowing exports, brought on by the slow global recovery, China's slowing economy and the temporary impact of the ban on exports of unprocessed minerals.

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  • Indonesia Investments' Newsletter of 11 May 2014 Released

    On 11 May 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic topics such as the revision of the Negative Investment List, an analysis of GDP growth in Q1-2014, the benchmark interest rate, the current account deficit, manufacturing, unemployment , the offical result of the legislative election, and more.

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  • Bank Indonesia Releases the '2013 Economic Report on Indonesia'

    The central bank of Indonesia (Bank Indonesia) released its '2013 Economic Report on Indonesia' earlier this week. This report discusses in great detail both global and domestic economic dynamics as well as policy responses. The year 2013 was a year full of challenges for the Indonesian economy because of changes in global economic conditions (US Federal Reserve tapering), requiring a range of structural policy changes to steer the economy of Indonesia towards a more balanced growth and restored macroeconomic stability.

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  • Indonesia Investments' Newsletter of 13 April 2014 Released

    On 13 April 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Due to the legislative election on Wednesday (09/04), this newsletter has a main focus on politics. Other topics include the benchmark interest rate, gross domestic product (GDP) growth, car & motorcycle sales, a profile of Astra International, and more.

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Artikel Terbaru GDP

  • Sri Mulyani: Indonesian Economy Needs a Green Growth Model

    Although recently having slowed, Indonesia has experienced solid economic growth over the past ten years, with the country’s gross domestic product (GDP) almost doubling between 2001 and 2012. However, robust economic growth also resulted in significant environmental degradation and accelerated depletion of Indonesia’s natural resources. Sri Mulyani Indrawati, World Bank Group Managing Director (and former Indonesian Finance Minister), emphasized that Indonesia needs to shift from a ‘brown’ to a ‘green’ growth model.

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  • Ekonomi Konsumen dan Pertumbuhan Ekonomi Indonesia

    Gambaran ekonomi Indonesia dari sisi pengeluaran sangat didominasi oleh permintaan domestik. Sejak Q1 2010 hingga Q1 2015, rata-rata peran permintaan domestik mencapai 99,5 persen, dengan nilai terendah sebesar 96,8 persen. Sisi positif dari kondisi ini adalah ekonomi Indonesia relatif tahan terhadap guncangan faktor eksternal. Pengalaman menunjukan bahwa saat terjadi krisis subprime mortgage di Amerika dan krisis finansial di Eropa, pertumbuhan ekonomi Indonesia masih relatif tinggi dan konsisten dibandingkan negara-negara lain.

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  • Slowing Economic Growth Indonesia to Continue in Q1-2015?

    Within a couple of days Statistics Indonesia (BPS) is scheduled to release Indonesia’s GDP growth figure for the first quarter of 2015. Despite economic growth forecasts for full-year 2015 - both of the Indonesian government and international institutions such as the World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB) - signalling a rebound from the five-year low of 5.02 percent (y/y) in 2014, various analysts expect to see further slowing economic growth in Q1-2015.

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  • Asian Development Bank: Economy of Indonesia to Grow 5.5% in 2015

    The Asian Development Bank (ADB) released a report today (24/03) in which it discusses recent economic developments in Indonesia. According to the report, Indonesia’s economic growth is projected to accelerate over the two years ahead provided that the Indonesian government continues to implement structural policy reforms. Such reforms - which include the acceleration of infrastructure development, reduction of logistical costs, and enhancing budget implementation - should lead to an improvement of the investment climate.

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  • Bank Indonesia Lowers Key Interest Rate in Surprise Move

    In a surprise move, the central bank of Indonesia (Bank Indonesia) decided to lower its key interest rate (BI rate) by 25 basis points to 7.50 percent at the Board of Governor’s Meeting on Tuesday (17/02). The deposit facility rate (Fasbi) was also lowered by 25 basis points (to 5.50 percent), while the lending facility rate remained steady at 8.00 percent. In a press release the central bank stated that the current policy direction is estimated to moderate the country’s wide current account deficit further, while inflation remains under control.

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  • World Bank: Introducing Indonesia’s Revised Statistics Methodology

    In a World Bank blog, World Bank economist Alex Sienaert posted an update on the economy of Indonesia. After Statistics Indonesia (BPS) released the country’s latest GDP growth figures in early February, two important revisions regarding Indonesia’s GDP statistics have been made: (1) BPS has shifted the basis of the computation from the year 2000 to 2010, and (2) it adopted a significantly updated methodology and presentation of the statistics (updating national accounts from the 1993 System of National Accounts [SNA] to SNA 2008).

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  • Update Indonesia: Bagaimana Pertumbuhan Ekonomi Tahun 2015?

    Walaupun pertumbuhan ekonomi Indonesia bergerak lebih lambat pada tahun 2014, terlihat optimisme bahwa pertumbuhan tersebut akan rebound pada tahun 2015 meskipun kondisi ekonomi global belum kondusif (dan membatasi kinerja ekspor Indonesia) serta lingkungan suku bunga Indonesia yang masih tinggi. Bank Indonesia menaikkan BI rate beberapa kali selama satu setengah tahun terakhir dalam upaya untuk mencegah inflasi tinggi (yang disebabkan oleh kenaikan harga BBM subsidi), menghambat aliran keluar modal menjelang pengetatan moneter AS, membatasi defisit transaksi berjalan dan mendukung nilai rupiah.

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  • Update Indonesian Rupiah & Stocks: Why they Strengthened Today

    The Indonesian rupiah exchange rate appreciated and Indonesian stocks rose on Wednesday (04/02) on the back of rallying oil prices, a successful bond auction, easing tensions in Europe, and weak US factory orders. Based on the Bloomberg Dollar Index, Indonesia’s rupiah appreciated 0.21 percent to IDR 12,630 per US dollar on Wednesday (04/03). Meanwhile, the benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) climbed 0.45 percent to 5,315.28 points.

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  • Indonesia Investment Summit 2015: Challenges & Pillars of the Economy

    In his presentation at the Indonesia Investment Summit 2015, organized in Jakarta on 15-16 January, Standard Chartered Bank Senior Economist Fauzi Ichsan said that despite the challenges amid global uncertain times, there remains plenty room and opportunity for Indonesia to grow robustly on the long-term. In fact, by 2030 Ichsan believes that Indonesia will be among the world's top ten countries in terms of largest economies. For investors it is important to understand the challenges and key pillars of economic growth.

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  • Indonesia Investment Summit 2015: Structural Reforms Needed

    At the Indonesia Investment Summit 2015, organized in Jakarta on 15-16 January 2015, Bank Indonesia official Arief Mahmud presented several views of the central bank on the current Indonesian economy and the global and domestic challenges that it faces. As is widely known, Indonesia has been experiencing a process of slowing economic growth since 2011 due to sluggish global economic growth in combination with the rebalancing of the domestic economy. However, growth is expected to accelerate in 2015.

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