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The Jakarta Post
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economic-growth

China’s economy shrinks for first time in decades as virus hits
Business 1 month ago

China’s economy shrinks for first time in decades as virus hits

China's gross domestic product shrank 6.8 percent in the first quarter from a year ago, the wors...
Pandemic to bring Asia's 2020 growth to halt for first time in 60 years: IMF
Business 1 month ago

Pandemic to bring Asia's 2020 growth to halt for first time in 60 years: IMF

The projection is worse than the 4.7 percent average growth rates throughout the global financial cr...
Millions to lose jobs, fall into poverty as Indonesia braces for recession
Business 1 month ago

Millions to lose jobs, fall into poverty as Indonesia braces for recession

The government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million ...
Bank Indonesia holds policy rate, sees room for further cuts amid virus risks
Business 1 month ago

Bank Indonesia holds policy rate, sees room for further cuts amid virus risks

BI has trimmed the benchmark rate twice this year in response to the pandemic.
IMF projects 0.5% growth for Indonesia as global economy faces deep recession
Business 1 month ago

IMF projects 0.5% growth for Indonesia as global economy faces deep recession

The global economy is at risk of the worst recession since the Great Depression, according to the In...
Up to 9 million people to fall into poverty, unemployment as COVID-19 hits: Sri Mulyani
Business 1 month ago

Up to 9 million people to fall into poverty, unemployment as COVID-19 hits: Sri Mulyani

The worst-case scenario projected 3.78 million people would fall into poverty and 5.2 million would ...
China March exports slump slows to 6.6% y/y, imports down 0.9%
Business 1 month ago

China March exports slump slows to 6.6% y/y, imports down 0.9%

Customs data released on Tuesday compared with analysts' forecasts in a Reuters poll for a 14 pe...
Pandemic a 'perfect storm' for South Asia, World Bank says
Business 1 month ago

Pandemic a 'perfect storm' for South Asia, World Bank says

South Asia is on course for its worst economic performance in 40 years, with decades of progress in ...
The evidence mounts that the global recession is already here
Business 1 month ago

The evidence mounts that the global recession is already here

The optimistic view would mean a 2.5 percent contraction in global GDP this year, the WTO said, whil...
German economy to shrink by nearly 10% in Q2: experts
Business 1 month ago

German economy to shrink by nearly 10% in Q2: experts

The German economy, Europe's biggest, is expected to shrink by nearly 10 percent in the second q...
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