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View all search resultsInvestors are closely watching Prabowo's pick for the key role after ratings agencies warned of the cost of the programmes the president-elect had campaigned on, raising the risk of slippage in the country's hard-won record for fiscal discipline.
The government’s fiscal stimulus programs may need to continue into 2023 if the Indonesian economy and domestic consumption remain weak next year, economists have warned, as concerns mount over the government’s ability provide a sufficient number of COVID-19 vaccine doses for citizens.
The dividends are equal to 60 percent of the company's total profit in 2019 of Rp 27.5 trillion, according to the bank's announcement. They are also significantly higher than last year's figure of Rp 11.2 trillion or equal to 45 percent of the bank's profit in 2018.
With gross merchandise value increasingly becoming the metric to value online retail businesses in their initial stages, venture capitalists and economists are now warning of the sustainability of such valuations.
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