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There is only so much the government can do to prop up economic activity, no matter how dear the gross domestic product growth figure is to President Prabowo Subianto.
The national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.
National economic growth remained above the 5 percent mark in the third quarter thanks to strong growth in exports.
The finance minister's massive liquidity boost, while well-intended, has ultimately failed to read the mood across all economic layers.
We have entered an era of rhetorical abundance but institutional scarcity.
Why do Indonesian firms not innovate?
The pawnshop industry's journey to becoming a robust market is driven by stronger capital and human resources, innovative products, prudential regulation and supervision, ecosystem and consumer protection.
Things may not be as dire as they seem.
Prosperity depends less on how much capital you pour in, and more on whether societies can generate and spread “useful knowledge.”
The president pledged to strengthen oversight, introduce stricter sanitation procedures and invest in new kitchen equipment and water filters amid reports of food poisoning in the free meals program.