BritCham Business Snapshots #13 January 2020 Share: Forthcoming Events Jan 16, 2020 (6:30 PM - 9 PM) Elisse Lounge at The Tribrata Daerah Khusus Ibukota Jakarta, In... For sponsors & amp; events partner opportunities, please contact By : Made Adrian Wail Akhlas Source : The Jakarta Post Indonesia’s foreign exchange (forex) reserves rose to US$129.2 billion in December, the highest level in 22 months, driven by inflows from the oil and gas sector and global bonds issuance, Bank Indonesia (BI) announced Wednesday. The current reserves level, which indicated a $2.6 billion increase from the previous month, is enough to support 7.6 months of imports and 7.3 months of imports and payments of the government’s short-term debt. It was above the international adequacy standards of about three months of imports. The central bank deemed the current reserve level “strong enough” to support the country’s resilience to external factors, as well as to maintain macroeconomic and financial system stability, BI spokesman Onny Widjanarko said in a statement. Indonesia seeks to attract $6.4b in investment into Kendal, Singhasari, Likupang SEZs Jokowi considers three solutions to lower industrial gas prices Energy Ministry fixes 2020 coal DMO with new penalty mechanism Foreign workers, remuneration, working hours to be addressed in omnibus law Budget 2020: When is it and what can we expect? Slack CTO Cal Henderson: 'UK tech would be more successful if not for its cynicism towards trying new things' Events Highlight BritCham Christmas Bash 2019 With the holiday spirit is approaching, last Thursday, 12 December 2019 BritCham have brought another successful Christmas Bash in Mandarin Oriental Jakarta. With more than 200 participants join the fun, the night filled with merry among executives, expats, members and non-members of BritCham. For photos of the event, click For photos of the photowall, click News, Information and Bulletins that might interest you : Are you a member? Want to announce or share something? contact us at Share: