Jakarta (VNA) – Indonesia could reach a 5.2 percent economic growth in 2017,according to the World Bank’s latest report, which was cited by Jakarta Post onMarch 24.
Thebank also forecast that inflation would be higher in 2017 at 4.3 percent, upfrom 3.5 percent in 2016 and the current account deficit would stay unchangedfrom 2016.
Meanwhile,the central government budget deficit is projected to be higher than 2016 dueto stronger public expenditures on infrastructure investment.
Addressinga recent press conference, Indonesian Minister of Finance Sri Mulyani Indrawatisaid the bank’s growth estimate can be achieved, higher than the target set at5.1 percent by the Government. She attributed the growth to householdexpenditures, investment, and the government expenditures.
Accordingto the Ministry, the current account deficit falls to 1.75 percent of GDP from4 percent in 2013. Inflation will range between 3 – 5 percent.
Inthe first two months of this year, Indonesia earned 26 billion USD from export,up 19 percent from the same period last year.-VNA
Indonesia plans to import 8.7 – 9 million tonnes of wheat this year, said Franciscus Welirang, Chairman of the Association of Wheat Flour Producers in Indonesia (APTINDO).
The central bank of Indonesia has predicted the country’s economic growth in the first quarter at 5 percent – the lower limit of the targeted range of 5-5.4 percent for all of 2017, according to Antara News.
The Indonesian Ministry of Industry has planned to help the establishment of 20,000 new small and medium enterprises (SMEs) in the manufacturing sector by 2019, according to The Jakarta Post.
The Republic of Korea and Indonesia have agreed to extend a currency swap deal for another three years as part of efforts to strengthen bilateral financial cooperation.
Indonesia and Chile have resumed negotiations for a comprehensive economic partnership agreement (CEPA) after two-year delay, reported Indonesian newspaper Jakarta Post.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
A view of Jakarta (Photo: Reuters) 
