Indonesian government to require exporters to keep 100% earnings onshore for a year
Coordinating Economic Minister Airlangga Hartarto went on to say that the new arrangement might bring in $90 billion in potential foreign exchange reserves.
Coordinating Economic Minister Airlangga Hartarto went on to say that the new arrangement might bring in $90 billion in potential foreign exchange reserves.
Mr. Sugiono also encouraged the group to enhance its mechanism and the capacity of its various bodies to play a proactive role in advancing regional stability and prosperity.
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The initiative was co-launched by representatives from cities across the eight participating countries: China, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Thailand, and Vietnam.
The Statistics Indonesia report notes that 24.06 million people were living below the poverty line in September, down from 25.22 million in March when the rate was at 9.03 percent.
The government has been pushing for direct investment from Apple to revoke a sales ban that prevents the company from selling its latest iPhone model in the country, but the…