Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsAsia shares were headed for a weekly gain on Friday and Japan's benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and US Treasury yields held broadly steady.
The global economic conditions, still marked by various challenges, have led several international institutions to project global economic growth in 2024 of around 3 percent year-on-year (yoy). Nevertheless, Indonesia's economic fundamentals continue to show stability, strengthening and stabilizing the country's resilience to global shocks. Indonesia's economic growth in the first quarter of 2024 was recorded at 5.11 percent yoy, with the inflation rate in April 2024 maintained within the target range of 2.5 + 1 percent, at 3 percent yoy.
From May 20 to 22, Coordinating Minister of Economic Affairs Airlangga Hartarto made a working visit to the Republic of Korea to further enhance bilateral relations and economic cooperation between the two countries.
Asian shares on Friday were headed for their worst month since the onset of COVID-19, while jitters in currency and bond markets persisted over hawkish talk from central banks, worries about a global recession and rising geopolitical risk.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.