The uncertainty in the Asia-Pacific prime residential market is likely to continue in 2020.
Rupiah is in a strengthening trend against the US dollar.
Indonesia’s oil and gas trade deficit in 2019 shrunk significantly to US$ 9.34 billion.
The government raises US$ 2 billion and € 1 billion in proceeds from the issuance of global bonds.
Indonesia and the United Arab Emirates signed various investment deals up to US$ 23 billion and discussed the creation of a sovereign wealth fund.
United Arab Emirates plans to invest US$ 22.89 billion.
Indonesia’s five-year credit default swap level approached the lowest level at the end of 2019. It showed that investors’ trust in the Indonesian economy was increasing.
Indonesia's debt securities received a stable rating from international rating agency Moody's Investors Service.
The World Bank predicts bleaker global economic growth due to trade uncertainty and geopolitical risk.
Finance Minister Sri Mulyani estimates that Indonesia's economic growth slowed last year to only 5.05 percent.