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Business 5 years ago
PREMIUM
Rebound in Indonesia’s manufacturing activity hinges on pandemic handling
The headline figure of Indonesia’s manufacturing Purchasing Managers’ Index (PMI) fell to 47.2 in September from 50.8 in August. A reading below the threshold point of 50 indicates a contraction in activities from the previous month.
Business 5 years ago
Japan's September service sector activity shrinks at slowest pace since pandemic's start
Activity in Japan’s services sector contracted for the eight straight month in September but at the slowest pace since the coronavirus pandemic started wreaking havoc on the economy, a private business survey showed on Monday, in a sign that demand is starting to steady.
Business 5 years ago
Indonesia’s manufacturing activity improves, but virus, weak demand pose risks
Indonesia’s manufacturing activity has shown signs of improvement for the first time since February, but risks remain as new COVID-19 clusters emerge in factories and industrial areas and as household spending remains weak.
Business 5 years ago
Shuttered factories, plummeting demand cause Indonesian manufacturing to collapse in April
IHS Markit announced on Monday that Indonesia’s Purchasing Managers Index (PMI), a gauge of the nation’s manufacturing activities, fell to 27.5 from 45.3 recorded in March, the worst decline in the survey's nine-year history.
