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GDP-growth

China's third quarter GDP set to show broadening recovery as consumers resurface
Business 1 day ago

China's third quarter GDP set to show broadening recovery as consumers resurface

China’s economic recovery stepped up in the third quarter, data released is expected to show o...
Weak loan growth, rising savings signal further GDP contraction: Economists
Business 3 days ago

Weak loan growth, rising savings signal further GDP contraction: Economists

Slowing loan growth and rising savings point to a continued plunge in economic activity in the third...
IMF warns of lasting damage, long climb out of recession
Business 5 days ago

IMF warns of lasting damage, long climb out of recession

The IMF upgraded the global GDP forecast for this year by 0.8 percentage points, but trimmed th...
Singapore's economy shrinks at slower pace as virus curbs eased
Business 6 days ago

Singapore's economy shrinks at slower pace as virus curbs eased

In July-September, Singapore gross domestic product shrank 7.0 percent year-on-year, according to pr...
Indonesia’s GDP to decline more than thought as virus keeps spreading: IMF
Business 6 days ago

Indonesia’s GDP to decline more than thought as virus keeps spreading: IMF

The IMF has turned more pessimistic about Indonesia’s economy this year while being less pessi...
BI to maintain accommodative policy as GDP set for first annual contraction since 1998
Business 3 weeks ago

BI to maintain accommodative policy as GDP set for first annual contraction since 1998

Finance Minister Sri Mulyani Indrawati said on Tuesday that the government had revised its gross dom...
Indonesia’s budget deficit swells to over 3 percent of GDP in August
Business 3 weeks ago

Indonesia’s budget deficit swells to over 3 percent of GDP in August

The country’s fiscal deficit reached Rp 500.5 trillion (US$33.96 billion) as of August, or 3.0...
Prolonged pandemic could derail Indonesia’s recovery, ADB, economists warn
Business 1 month ago

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Prolonged pandemic could derail Indonesia’s recovery, ADB, economists warn

"This is a health crisis. Unless you can address this effectively, you can’t have a full ...
Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani
Business 1 month ago

Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani

The government previously expected the economy to post flat growth.
Govt aims for 2021 budget deficit at 5.5% of GDP, sees growth near 5%
Business 2 months ago

Govt aims for 2021 budget deficit at 5.5% of GDP, sees growth near 5%

The government expects Indonesia’s state budget deficit to remain wide next year to provide ro...
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