U.S. Secretary of State Mike Pompeo held talks on North Korea with his Japanese and South Korean counterparts ahead of a summit between Pyongyang's leader and the U.S. president, the State Department said Monday.
State-owned oil and gas company Pertamina recorded the country’s production of oil and gas throughout 2018 increased to 768,000 barrels of oil equivalent per day (MBOEPD). The figure jumped 42 percent when compared to that of last year at 542,000 barrels.
The Indonesia Economic and Trade Office (IETO) in Taipei signed a memorandum of understanding (MoU) with Taipei Economic and Trade Office (TETO) in Jakarta. The MoU was on the recruitment, placement, and protection of Indonesian migrant workers in Taiwan.
Preliminary data from the fiscal and monetary authorities for 2018 indicate macroeconomic stability will remain strong throughout this election year. The consensus analysis among most economists is that oil prices will remain below US$60 per barrel and there will be a pause in the United States Federal Reserve’s monetary tightening.
The Financial Services Authority (OJK) has officially lowered the down payment on vehicles up to zero percent (zero percent down payment) regulated in the new decree. The newly-issued OJK Regulation or POJK No. 35/POJK.05/2018 concerning Business of Finance Company also stipulated that multi-finance firm could run the cash finance.