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economic-recovery

Bank Indonesia holds key rate, pledges more support to help economic recovery
Business 5 years ago

PREMIUM
Bank Indonesia holds key rate, pledges more support to help economic recovery

BI will also continue to implement its loose monetary policy.
Asia shares look to China for recovery lead, earnings in focus
Business 5 years ago

Asia shares look to China for recovery lead, earnings in focus

Asian share markets edged ahead on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.
China's Q4 GDP growth ends 2020 in solid position after COVID-19 shock
Business 5 years ago

China's Q4 GDP growth ends 2020 in solid position after COVID-19 shock

GDP grew 2.3 percent in 2020, the data showed, making China the only major economy in the world to avoid a contraction last year as many nations struggled to contain the COVID-19 pandemic.
China's fourth quarter GDP grows 6.5%, beats expectations as recovery gains momentum
Business 5 years ago

China's fourth quarter GDP grows 6.5%, beats expectations as recovery gains momentum

The gross domestic product (GDP) growth was faster than the 6.1 percent forecast by economists in a Reuters poll, and followed 4.9 percent growth in the third quarter.
Ministry pushes forward 982 infrastructure deals as govt ramps up spending
Business 5 years ago

PREMIUM
Ministry pushes forward 982 infrastructure deals as govt ramps up spending

The Public Works and Housing Ministry signed on Friday 982 infrastructure procurement packages worth Rp 12.5 trillion (US$889.2 million).
Gojek to focus on operations abroad as pandemic hits Indonesian market
Business 5 years ago

PREMIUM
Gojek to focus on operations abroad as pandemic hits Indonesian market

Gojek has brought its services to Singapore, Thailand and Vietnam and is now looking to those markets for growth.
Biden unveils $1.9 tn economic plan as US recovery buckles
Business 5 years ago

Biden unveils $1.9 tn economic plan as US recovery buckles

President-elect Joe Biden will propose injecting US$1.9 trillion into the US economy when he takes office next week, as evidence mounts that the recovery from the sharp downturn caused by Covid-19 is flagging.
Biden to unveil economic plan as US recovery buckles
Business 5 years ago

Biden to unveil economic plan as US recovery buckles

The latest government data shows the economy shedding jobs in December and weekly layoffs continuing at a pace above the worst of the 2008-2010 global financial crisis.
'No silver bullet': Business leaders manage vaccine expectations as rollout begins
Business 5 years ago

PREMIUM
'No silver bullet': Business leaders manage vaccine expectations as rollout begins

Expectation management is the watchword among business leaders and  economists as Indonesia started rolling out its nationwide COVD-19 vaccination program this morning.
Jabs equal jobs? Fed sees possible economic boom if vaccine gets on track
Business 5 years ago

Jabs equal jobs? Fed sees possible economic boom if vaccine gets on track

For the Fed, even though the country’s short-term political and health risks seem great, they have focused on the more positive prospects of the medium term - with some suggesting the strength of the ensuing recovery may accelerate their plans to pull on some of the steps taken this year to battle the coronavirus recession.
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