E-commerce Responsible For Worsening Trade Deficit

E-commerce Responsible For Worsening Trade Deficit

A small shopping cart sits atop a keyboard. (Shutterstock/File)E-commerce is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s...
Financial Services Yet to Spur Economic Growth: Study

Financial Services Yet to Spur Economic Growth: Study

A bank teller counts rupiah bills at an office in Jakarta. (Antara Photo/Muhammad Adimaja) The financial services sector has yet to become a main engine for economic growth, but it has the potential to do so, according to joint research from the National Development...
Rupiah is Still Undervalued: Bank Indonesia

Rupiah is Still Undervalued: Bank Indonesia

Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari)Bank Indonesia (BI) Governor Perry Warjiyo has said that under the current exchange rate, the rupiah was still undervalued and could, therefore, further strengthen against the US dollar in the coming...