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outlook-2020

Banking shares under pressure as investors avoid risk amid gloomy outlook
Business 5 years ago

Banking shares under pressure as investors avoid risk amid gloomy outlook

Artha Sekuritas Indonesia vice president Frederik Rasali said the outlook for banking shares was still gloomy as the prospect of lower earnings this year made the banking sector not so promising.
Bear market not over despite recent gains: Analysts
Business 5 years ago

Bear market not over despite recent gains: Analysts

The recent meltdown of share prices on the Indonesian stock exchange is not over despite signs of recovery in the past two weeks, analysts have said.
‘A shock like no other’: Commodity slide to pressure Indonesia
Business 5 years ago

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‘A shock like no other’: Commodity slide to pressure Indonesia

The World Bank’s 2020 commodity outlook report projects a 40.3 percent decline in energy commodity prices from last year’s average.
Foreign investment falls as COVID-19 pandemic hits major investors
Business 5 years ago

Foreign investment falls as COVID-19 pandemic hits major investors

Indonesia’s foreign direct investment (FDI) fell by 7 percent to Rp 98 trillion in the January to March period from the fourth quarter of 2019, the BKPM reported
Property prices expected to fall amid bleak market outlook
Business 5 years ago

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Property prices expected to fall amid bleak market outlook

Property prices in various sectors are projected to decrease in the remaining months of 2020 as developers try to weather the economic slowdown caused by the COVID-19 pandemic, which has crippled most economic activity in the country.
Indonesian coal miners face lower demand as major buyers impose lockdowns
Business 5 years ago

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Indonesian coal miners face lower demand as major buyers impose lockdowns

The world’s top thermal coal exporter must contend with significant cutbacks in coal demand as major buyers have imposed lockdowns to curb the spread of the new coronavirus, which causes COVID-19.
Indef projects growth down to 3.6%, urges health spending to tackle COVID-19
Business 5 years ago

Indef projects growth down to 3.6%, urges health spending to tackle COVID-19

The economic think-tank stresses that a lockdown on affected areas will lead to greater long-term gains, while increasing public health spending could be both an economic driver and a means to increase the sector's capacity in managing the epidemic. 
Analysts 'expect GDP to dip below 5%' as viral outbreak derails global economy
Business 6 years ago

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Analysts 'expect GDP to dip below 5%' as viral outbreak derails global economy

With the country's top market in a virtual trade lockdown, Indonesia must look to nontraditional destinations to offset economic shock.
Indonesia sees gloomy outlook on economy as growth falls below 5%
Business 6 years ago

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Indonesia sees gloomy outlook on economy as growth falls below 5%

Gross domestic product (GDP) grew 4.97 percent in annual terms in the fourth quarter of 2019, the weakest level in almost three years, Statistics Indonesia (BPS) announced on Wednesday. 
Indonesia tightens grip on nickel and coal exports
Business 6 years ago

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Indonesia tightens grip on nickel and coal exports

The stability of the global nickel ore supply rests upon the Philippines and New Caledonia, the world’s second- and third-largest nickel exporters respectively.
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