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economic-contraction

Singapore upgrades third-quarter GDP, sees economy returning to growth next year
Business 4 years ago

Singapore upgrades third-quarter GDP, sees economy returning to growth next year

Gross domestic product (GDP) fell 5.8 percent year-on-year in the third quarter, the ministry of tra...
Indonesia looks to spend $85b in Q4 to get economy out of recession
Business 4 years ago

PREMIUM
Indonesia looks to spend $85b in Q4 to get economy out of recession

Indonesia is looking to spend around Rp 1.2 quadrillion (US$85.21 billion) in state budget and regio...
Controlled pandemic key to recovery as Indonesia falls into recession: Economists
Business 4 years ago

PREMIUM
Controlled pandemic key to recovery as Indonesia falls into recession: Economists

Household spending fell 4.04 percent – slower than the 5.52 percent contraction booked in the ...
Breaking: Indonesia enters first recession since 1998 on 3.49% Q3 contraction
Business 4 years ago

Breaking: Indonesia enters first recession since 1998 on 3.49% Q3 contraction

The BPS has announced that the Indonesian economy has entered a recession – its first since 19...
Pandemic likely tipped Indonesia into first recession since 1998: Poll
Business 4 years ago

Pandemic likely tipped Indonesia into first recession since 1998: Poll

The median forecast of 23 economists polled was for a 3.00 percent on-year shrinkage in GDP during t...
Indonesia's economy showing signs of improvement
Business 4 years ago

PREMIUM
Indonesia's economy showing signs of improvement

The country’s financial system remained stable in the third quarter and was expected to furthe...
Exclusive: IMF talks about future of Indonesian economy, regulatory reform
Business 4 years ago

PREMIUM
Exclusive: IMF talks about future of Indonesian economy, regulatory reform

The Jakarta Post interviewed the IMF mission chief for Indonesia Thomas Helbling via email in mid-Oc...
FDI bounces back in Q3, but economic outlook remains uncertain
Business 4 years ago

FDI bounces back in Q3, but economic outlook remains uncertain

The Investment Coordinating Board (BKPM) reported Rp 106.1 trillion (US$7.21 billion) in realized FD...
Jokowi urges regional leaders to control inflation, boost spending to revive consumption
Business 4 years ago

Jokowi urges regional leaders to control inflation, boost spending to revive consumption

Indonesia’s annual inflation rate was 1.42 percent as of September, below Bank Indonesia&rsquo...
Analysis: China and US economies diverge over coronavirus response
Business 4 years ago

Analysis: China and US economies diverge over coronavirus response

China’s exports have been stronger than expected, bolstered by demand for medical goods overse...
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