BPS: June Exports US$18.55 B, Soared 54.46%

JAKARTA- The Central Statistics Agency (BPS) announced Indonesia’s export data for the period of June 2021. Exports increased sharply, according to market forecasts. On Thursday (15/7/2021), Head of BPS Margo Yuwono reported last month’s export value was US$18.55 billion. An increase of 54.46% compared to the same period the previous year ( year-on-year / yoy). Meanwhile, compared to May 2021 ( month-to-month / mtm), […]

Minister pushes for investment acceleration amid economic growth

JAKARTA – Coordinating Economic Affairs Minister Airlangga Hartarto encouraged all economic players to capitalize on the economic growth momentum by expediting investment. “I encourage us to jointly take advantage of the growth momentum by accelerating investment and also continue to support government policies in controlling the pandemic, so that we are able to realize faster […]

Singapore and Indonesia reaffirm need to fight Covid-19 together, discuss economic activities

JAKARTA -Bilateral ties will be strengthened to overcome the Covid-19 pandemic together, Singapore and Indonesia have reaffirmed. During the 11th Singapore-Indonesia Six Bilateral Economic Working Groups ministerial meeting on Wednesday (July 14), Trade and Industry Minister Gan Kim Yong and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto recognised the continued economic challenges posed by […]

Indonesia can build back better for a green recovery

JAKARTA -When the 2004 earthquake and tsunami wiped out homes, buildings, and roads in Aceh, the government was confronted with two options: build everything back to pre-disaster conditions or seize the opportunity to ‘build back better’. They chose the latter, prioritizing the needs of local communities while ensuring resilience to future disasters. Today, as the […]

Indonesia c.bank slashes 2021 GDP outlook to 3.8%

JAKARTA – Indonesia’s central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions, from a previous forecast of 4.6%, its governor said on Monday. Southeast Asia’s largest economy has been battling the region’s worst COVID-19 epidemic, with cases and deaths climbing at […]

The Hunt for Talent: Winning the Talent War

JAKARTA -Talent development, not talent recruitment is the answer to meeting Indonesia’s talent shortage. This however requires organisations to view talent or someone’s job performance not as an individual concept but as a concept that takes place in a context in presence of others. Talent is today the world’s most valuable commodity. But it is […]