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The Jakarta Post
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economic-growth

Thailand faces biggest economic contraction since Asian crisis
Business 4 days ago

Thailand faces biggest economic contraction since Asian crisis

The bank slashed its growth forecast for this year, now expecting the economy to shrink 5.3 percent&...
China’s economy to return fast to potential growth, PBOC says
Business 6 days ago

China’s economy to return fast to potential growth, PBOC says

Chen repeated earlier pledges to keep credit growth stable and make good use of the central bank&rsq...
Indonesian government prepares for worst, including zero percent growth, as COVID-19 hits
Business 1 week ago

Indonesian government prepares for worst, including zero percent growth, as COVID-19 hits

Sri Mulyani on Wednesday projected that the country’s economic growth would weaken to between ...
Investors question government’s transparency in handling COVID-19 crisis
Business 1 week ago

Investors question government’s transparency in handling COVID-19 crisis

Investors expect the government to take swift action in containing the novel coronavirus spread whil...
BI cuts rate, sees growth plunging to 15-year low as COVID-19 roils economy
Business 1 week ago

BI cuts rate, sees growth plunging to 15-year low as COVID-19 roils economy

The central bank slashed its benchmark interest rate, the BI seven-day reverse repo rate, by 25...
Indonesia’s GDP to grow 4.8% this year as COVID-19 shakes economy: Fitch Solutions
Business 1 week ago

Indonesia’s GDP to grow 4.8% this year as COVID-19 shakes economy: Fitch Solutions

The novel coronavirus outbreak will weigh down private spending and weaken the external sector amid ...
Indonesia’s economic growth may dive to 4.5% in Q1: Finance minister
Business 1 week ago

Indonesia’s economic growth may dive to 4.5% in Q1: Finance minister

Finance Minister Sri Mulyani Indrawati said on Wednesday that Indonesia’s economy grew at a ra...
Indonesia’s ultra rich to increase in number by 57% by 2024
Business 1 week ago

Indonesia’s ultra rich to increase in number by 57% by 2024

The number of Indonesia’s ultra rich is expected to jump by 57 percent to 1,060 individua...
Bank Indonesia spends Rp 110t to stabilize markets as virus stokes sell-off
Business 2 weeks ago

Bank Indonesia spends Rp 110t to stabilize markets as virus stokes sell-off

BI recorded a foreign outflow of about Rp 31.76 trillion (US$2.19 billion) worth of government bonds...
Australia’s economy set for first recession since 1991: McIntyre
Business 2 weeks ago

Australia’s economy set for first recession since 1991: McIntyre

Gross domestic product will fall 0.4 percentage point in the first three months of the year and 0.3 ...
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