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economic-slowdown

The direction of global economic recovery
Opinion 8 years ago

PREMIUM
The direction of global economic recovery

After the first quarter of 2017, there are a few indicators supporting an optimistic view on global economic development.
What can banks do to cope with economic turmoil?
Opinion 9 years ago

PREMIUM
What can banks do to cope with economic turmoil?

The slowdown has had a subsequent negative impact on the profitability of the banking industry. The banking industry’s return on investment (ROA), which reached 2.77 percent in December 2014, fell to 2.17 percent in December 2016.
Outsourcing firm claims more revenue despite economic slowdown
Business 9 years ago

Outsourcing firm claims more revenue despite economic slowdown

Service outsourcing firm PT ISS Indonesia saw high revenue growth in 2016 despite the domestic economic slowdown, thanks to increased demand for firms to reduce risks surrounding worker issues.
Mall tenants demand limited hike in rental costs
Business 9 years ago

Mall tenants demand limited hike in rental costs

Mall tenants under the Indonesian Shopping Centers Tenants Association (Hippindo) have demanded a sober hike in rent and service charges at a maximum of 5 percent, similar to the inflation rate, amid slow sales due to the domestic economic slowdown.
Hate it or love it, digital currencies are here to stay
Business 9 years ago

Hate it or love it, digital currencies are here to stay

Financial institutions in Indonesia should brace themselves as cryptocurrency is gaining popularity in the largest economy in Southeast Asia with no intention of slowing down.
Exports expected to jump by 500% within 10 to 15 years
Business 9 years ago

Exports expected to jump by 500% within 10 to 15 years

The Indonesian Chamber of Commerce and Industry (Kadin) expects exports to amount to US$750 billion in the next 10 to 15 years, up by 500 percent from the country’s export target set at $150 billion by the end of 2016.
Financial market deepening critical for Indonesia: Minister
Business 9 years ago

Financial market deepening critical for Indonesia: Minister

Deepening of the national financial market is critical for Indonesia to accelerate economic growth amid global weakness, Finance Minister Sri Mulyani has said.
Minister calls on bankers to support growth in manufacturing sector
Business 9 years ago

Minister calls on bankers to support growth in manufacturing sector

Finance Minister Bambang Brodjonegoro has called on banks to be proactive in helping the manufacturing sector grow amid the economic slowdown by providing long-term financing.
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