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View all search results“We should put the brakes on spending overseas. Buy, shop and get our own products, so it can trigger the economy and spur our growth,” the President said in a limited Cabinet meeting at the State Palace in Jakarta on Tuesday.
Indonesia’s economic growth is expected to slow to 4.9 percent in the third quarter of this year as weak global demand affects trade and weakens manufacturing industry, while commodity prices continue to decline, according to a local research house.
Publicly listed food conglomerate PT Indofood Sukses Makmur booked double-digit net profit growth from January to September period this year from the same period a year ago, with moderate sales growth thanks to lower costs.
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