• Indonesian Economy: Solid Gross Domestic Product (GDP) Growth in 2018

    Indonesian Economy: Solid Gross Domestic Product (GDP) Growth in 2018

    In line with our forecast, Indonesia’s economic growth continued to accelerate in 2018. Based on data from Statistics Indonesia (Badan Pusat Statistik, or BPS), which were released in early February 2019, the country’s gross domestic product (GDP) expanded 5.17 percent year-on-year (y/y) in full-year 2018, up from a growth rate of 5.07 percent in the preceding year.

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  • Indonesian Currency Update: Stable Rupiah Performance in February 2019

    Indonesian Currency Update: Stable Rupiah Performance in February 2019

    The Indonesian rupiah made a stable performance against the US dollar in February 2019. The benchmark JISDOR rate of Bank Indonesia ended the second month of the year at the position of IDR 14,062 per US dollar, appreciating modestly from the level of IDR 14,072 per US dollar at the last trading day of January 2019.

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  • Indonesia to Launch Upgraded Online Single Submission (OSS) System

    Indonesia to Launch Upgraded Online Single Submission (OSS) System

    Next week, Indonesia's Investment Coordinating Board (BKPM) plans to launch an upgraded version of its Online Single Submission (OSS) system. The OSS system is a web-based business licensing system that aims at cutting the red tape that is involved when investors try to obtain business permits in Indonesia. Massive red tape is considered to be one of the major obstacles in Indonesia's investment climate.

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  • Indonesia Investments' Research Report Released: February 2019 Edition

    Indonesia Investments' Research Report Released: February 2019 Edition

    On Tuesday (05/03) Indonesia Investments released the February 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of February 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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