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View all search resultsPMI
Society 1 year ago
PREMIUM
Kalla urges caution in PMI race as Golkar politician Agung seeks chairmanship
Indonesian Red Cross (PMI) incumbent chairman Jusuf Kalla has urged caution in the race for the organization’s top spot as Golkar Party politician Agung Laksono threw his hat in the ring ahead of the PMI’s national meeting.
Economy 1 year ago
Asia's factories perk up on China recovery but Trump risks loom
Asia's largest manufacturing economies stepped up activity in November, with China's factories extending their recovery driven in part by Beijing's stimulus and a rush to export, though weak patches in other parts of the region pointed to some challenges.
Economy 1 year ago
PREMIUM
Low productivity, not imports, hurting local manufacturing competitiveness: Airlangga
“The problem is not always [influxes of foreign goods]. The problem is more fundamental; it’s capital expenditure [capex]. If an industry does not fix its capex, it will be automatically outcompeted,” the coordinating economic minister said on Monday.
Economy 1 year ago
China's factory, service sectors skid, emboldening stimulus calls
China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with only three months left in the year.
Economy 1 year ago
PREMIUM
Independence Day helps retailers capitalize on rising consumer confidence in August
Retail sales show a significant upward trend in August on a rise in consumer confidence attributed to Independence Day celebrations, according to preliminary BI data, notwithstanding weakening manufacturing sector activity.
Economy 1 year ago
PREMIUM
Layoff risks loom as manufacturing PMI slips further
Indonesia’s manufacturing purchasing managers' index (PMI) points to further contraction in factory activity in August on the back of diminishing sales, forcing some firms to reduce their workforces despite their hopes for the coming year.
