China's consumer prices rose for a third straight month in April, while producer prices extended declines, signalling an improvement in domestic demand, as Beijing navigates challenges in its bid to shore up a shaky economy.
1 day agoIncreased household consumption, particularly over the peak Idul Fitri holiday season, is likely to contribute in pushing quarter-two growth above 5 percent, but analysts urge caution with regard to the central bank's optimistic projection. ...
2 days agoExperts point to a decline in interest in farming but say many young people have few other options. ...
2 days agoAs one of the pillars in the strategy to drive national economic growth, inclusive finance for various societal groups continues to be promoted by the government by enhancing equitable access to quality formal financial services at affordable costs according to the needs of people in various regions.
3 weeks agoThe agency cut its rating from AA- to A+, and said the outlook was negative.
3 weeks agoBank Indonesia (BI) has issued a statement that seeks to alleviate concerns about a weakening rupiah as the United States dollar is propped up by the American economy as well as by Iran and Israel trading blows.
3 weeks agoThe Asian economy is projected to remain resilient in the future, in spite of the global economic conditions that are challenged by current geopolitical turmoil.
3 weeks agoIndonesian manufacturers are feeling the pinch, as a weakening rupiah exchange rate against the United States dollar and a surge in oil prices lead to higher input costs for local industry.
3 weeks agoIndonesian consumers expressed more favorable views about the state of the domestic economy in March, according to Bank Indonesia’s latest monthly report.
3 weeks agoCoordinating Maritime Affairs and Investment Minister Luhut Pandjaitan will lead the technical details of the project.
3 weeks agoA planned Formula One circuit to be built in a newly developed area of North Jakarta will boost tourism and help the automotive industry, but a well-developed plan is essential, experts say.
3 weeks agoAn escalation of the conflict could send the oil price up, which could then lead to higher energy subsidy spending.
3 weeks agoFurther escalation in the Middle East conflict could pose multi-layered economic risks to Indonesia, ranging from further capital outflows to weaker gross domestic product (GDP) growth, according to analysts and some former government officials.
3 weeks agoThe current conflict in the Middle East is intensifying with Iran's drone attacks on Israel on Sunday in retaliation for Israel's destruction of the Iranian consulate building in Damascus, Syria, on April 1, 2024. Besides escalating regional tensions to a global level, this conflict escalation will also affect the global economy and increase macroeconomic risks for the Indonesian economy.
3 weeks agoManaging the state budget without fiscal discipline could be dangerous, Kadin said.
3 weeks agoThe biggest economy of Southeast Asia, Indonesia is also the country with the largest Muslim population.
3 weeks agoChina's commerce minister on Friday accused the European Commission of pursuing "protectionist" actions at the expense of green initiatives by launching investigations into Chinese subsidies.
4 weeks agoOPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in global oil demand in 2024, highlighting an unusually large gap between predictions of oil demand strength.
1 month agoThe ADB nudged its 2024 growth forecast but warned of persistent challenges such as rising geopolitical tensions, including in the Middle East, that could disrupt supply chains and reignite inflation.
1 month agoThe surge comes as millions in the country embark on mudik (exodus).
1 month agoThe President’s operational budget has been increasing in recent years.
1 month agoUS Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on "balanced" economic growth, an effort to address US concerns about China's excess manufacturing capacity.
1 month agoCoffee roasteries and café owners have decided to increase prices to cope with the rising bean prices and to preserve the taste.
1 month agoThe Quick Response Code Indonesian Standard (QRIS) can now be used as a payment method in Brunei Darussalam and Laos.
1 month agoThe sooner new administration send their policy directions to households and companies, the better.
1 month agoIndustry players want the government to help increase the clean power supply and to lobby other countries to continue accepting Indonesian products during the transition period.
1 month agoThe occupancy rates of Jakarta’s middle- and lower-tier malls stagnated in the first quarter of the year despite major holiday periods such as Chinese New Year and Ramadan.
1 month agoVinFast, a new player in the Indonesian automotive industry, is set to introduce a novel program that could potentially reshape the consumer behavior of electric vehicle (EV) owners.
1 month agoIndonesian Transportation Ministry has not received any formal pitch about the proposed high speed rail-link project.
1 month agoAt the end of February, there were still 977,000 debtors with outstanding loans totaling Rp 242.8 trillion (US$15.25 billion) in the restructuring process.
1 month agoIndonesia relies on imports for 55 percent of its cocoa supply.
1 month agoMore inflationary pressure may arise in the second half of this year.
1 month agoThe manufacturing purchasing managers’ index (PMI) rose to a 27-month high in March on the back of strong domestic demand. The PMI report published by S&P Global shows that the index jumped by 1.5 points to a reading of 54.2 in March.
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