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Economy 10 months ago
PREMIUM
Govt cool on business calls for consumer spending stimulus
Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.
Economy 10 months ago
PREMIUM
Consumer confidence inches up from multi-month low
Consumer confidence in Indonesia has improved slightly but remains at a low level, with an April survey by the central bank showing respondents more positive on the current state of the economy, even as they expect worse times to lie ahead.
Economy 11 months ago
PREMIUM
GDP growth drops below 5% in Prabowo’s first quarter
Economic growth in Prabowo Subianto’s first full quarter as president has touched the slowest pace since the coronavirus pandemic as the Ramadan boost failed to significantly jack up consumer spending and investors fretted about global uncertainty while government spending contracted.
