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Highlights From Local News Wires

INDONESIA

Below is a collection of news wires reports from English versions of Indonesian Newspapers and some other major news outlets.


Economy: “Bank Indonesia to hold rates steady as currency wobbles on Fed” – Bloomberg (see link, also see MNI Bank Indonesia Preview - August 2023: FX Stability Centre Stage)

Economy: “Indonesia’s economy to top 5 percent in 2023: central bank” – Jakarta Globe (see link)

Economy: “Civil servant salary increase will not cause inflation: ministry” – Antara News (see link)

  • Civil servants will receive an 8% wage rise from the start of 2024 and pensions for retired civil servants will rise 12%. President Jokowi has said the pay increase has to be accompanied by increases in productivity.

Economy: “Indonesia’s digital economy has grown rapidly: finance ministry” – Antara News (see link)

Economy: “Indonesia needs US$200 bln for sustainable development: minister” – Antara News (see link)

Industry: “Govt aims to make Indonesia world’s largest EV battery producer” – Antara News (see link)

Trade: “China to import more Indonesian palm oil in 2024: Gapki” – Jakarta Globe (see link)

Trade: “RI eyes US$3.37 billion non-oil, gas export target with Australia” – Antara News (see link)

Trade: “Russia is crucial trade partner for ASEAN: Indonesian trade minister” – Antara News (see link)

Geopolitics: “Jokowi embarks on first African Tour” – Jakarta Globe (see link)

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