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Menampilkan postingan dengan label Ekonomi

Drivers on the Protocol Road Are Charged, End of 2019

BuletinDigital . The implementation of an electronic road pricing (ERP) program is targeted to take effect no later than the end of 2019. Later, all protocol road users will be charged. Head of the Jabodetabek Transportation Management Agency (BPTJ) Bambang Prohartono said that his office is still reviewing the road segments that will be subject to fees for car owners who pass and the amount to be paid. "We are still reviewing but clearly we don't need the State Budget (APBN)," Bambang said on Friday. What is certain, Bambang said, is that there are three road segments that will be charged next year. The first segment is Sudirman-Thamrin, the second segment is the main road around Kuninga, and the third segment is Jakarta-Bekasi and Jakarta-Depok. However, only section three is the responsibility of BPTJ. In implementing an ERP program, the government will use a scheme of cooperation between the government and business entities (PPP). However, he also could not specify th...

Sluggish Oil Prices Last Week Caused Slowing Demand Rate

ChannelIndonesia . World crude oil prices slumped over the past week, triggered by sentiment that weakened demand as economic projections slowed. Reporting from Reuters, the price of Brent crude oil futures on Friday (14/12) slumped almost 2.3 percent on a weekly basis to US $ 60.28 per barrel. The decline also occurred on a daily basis of US $ 1.17 per barrel or 1.9 percent due to the dragged down performance of the United States (US) capital market. Meanwhile, the price of West Texas Intermediate (WTI) US crude oil dropped weekly by almost 2.7 percent to US $ 51.2 per barrel. On a daily basis, the decline was US $ 1.38 or 2.62 percent. "The oil sector remains vulnerable to selling in the capital market, especially when combined with the strengthening of the US dollar as it is now," President Ritterbusch and Associates Jim Ritterbusch said in a note. On Friday, US capital markets generally slumped as China's retail growth data released the weakest growth rate since 2003 ...

Stumbling Trade Balance Deficit, CSPI and Rupiah Fall

JurnalUpdate . The Composite Stock Price Index (IHSG) and the compact rupiah exchange rate weakened after the Central Statistics Agency (BPS) reported the trade balance had a sharp deficit of up to US $ 2 billion. The JCI dropped to 1.03 percent or 63.5 points to 6,106 in the trade on Monday (12/17) this afternoon. The stock index opened at 6,163 this morning, down slightly from last weekend's close of 6,163. Today, the JCI is traded in the range of 6,099-6,174. Throughout 2018, the return on the stock index experienced minus 3.9 percent, although the return in annual calculations increased by 2.09 percent. Similarly, the rupiah exchange rate also weakened 0.21 percent or 30.2 points this afternoon, to the level of Rp14,611 per US dollar (US). The Garuda currency opened at the level of Rp14,602 on Monday (12/17) morning, weakening from the level of weekend trade of Rp14,581. Previously, a number of analysts expected the November 2018 trade balance to return to a deficit and make th...