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Archives: Economic Growth

Inflation still under controlled by BI

The Central Bank (BI) is very optimist that the inflation today will be decrease and still under controll by some BI’s monetary instruments.  The increasing of inflation in our country currently was more caused by volatility of oil pricing in the world.  Finance Minister, Sri Mulyani said that the Government Revenues and Expenditures Budgeting (APBN) is still [...]

Economic growth 2008 will be 5,85%

The prediction of economic growth in 2008 will be decreasing become to 5,85 percent. It was caused by instability of macro economic condition on increasing of oil price in the world and also our high inflation today.  Some factors which very influence the decrease of economic growht are consist of interest rate with not attractive and [...]

Indonesia-Japan Economic Partnership Agreement (IN-EPA)

Government has targeting the trading volume of Indonesia to Japan will increase from 9.5% become to 12% after the agreement of Indonesia-Japan Economic Partnership Agreement (IN-EPA) has realized. This EPA’s agreement will be related by liberalization, facility and partnerships beetwen each country.  This agreement will be effective as per July, 01st 2008 and with this agreement, [...]

BI rate increase to cover the inflation pressure

According to the Central Statistic Agency (BPS), our inflation in May 2008 is around 10.4 percent.   This condition automatically will influence our economic growht. As we now that the government of Indonesia expects the economy to growht by between 6 – 6.4 percent for this year. For the first qurtal of 2008, BPS was reported [...]

MSME needs Rp. 60,4 trillion to meet 60% growht’s

To increase the Micro, Small and Medium Enterprises (MSME) industry around 60 percent growth’s for this year (2008), the government has plan that our banking industry will support its lending targets around Rp. 60,4 trillion.  This amount also has approved by the banks with some condition for this prospectives sector.  One of the main reasons for banks [...]

Our export figures in the first quartal 2008, reached 31,7%

The Central Statistic Agency (BPS) has reporting that Indonesia’s exports climbed to US$33.6 billion in the first quarter of 2008 from US$25.5 billion in the same period last year (www.bps.go.id).  Oil and gas exports in the first three months of 2008 reached $7.3 billion, or a 61.8% increase compared to the same period last year.  A resources-based [...]

2008, our banking’s growht will be increasing

Althought the global economic has drop, but as per news from Germany, in 2008, banking system in Asia region will be growht and increasing persistantly. The growht of banking system in Asia region also supported by increasing of credit growht and actual interest rate in this year.   The lower interest rate will be impactly the consument [...]

“Progressive tariff” for export duties CPO

Chairman of Palm Oil Association (GAPKI), Derom Bangun, expected and optimistic to increase the export of Crude Palm Oil (CPO) this year by around 27 percent, although the  government begin to implementing the new tariff for export duties of CPO.  In 2007, Indonesia was exported around 11 million tons of CPO, a drop of 9 percent [...]

Centul City will be join with overseas company

PT Sentul City Tbk, has agree to join with Government Corporation in China which focus on trading and property area, China Poly Group. They will be commit to develop some residential projects and also for commercial projects.  China Poly Group who representative by theirs Strategic Business Unit in Hongkong, has agree to joint with Sentul City [...]

Government decreasing the economic growth 2008 become to 6,4%

In line with the global economic slowdown currently, Indonesia would be revise its economic growth expectation down from 6.8 percent become to 6.4 percent in the 2008 budget revision.  According  to President Soesilo Bambang Yudhoyono (SBY), global oil prices, which currently above US$ 90 per barrel, could cause the government’s subsidies for oil-based fuel and electricity [...]

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