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Jakarta Post
The Jakarta Post
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Fitch downgrades US outlook to negative from stable
Business 2 days ago

Fitch downgrades US outlook to negative from stable

Fitch affirmed the US's AAA rating but said it expected government debt to hit 130 percent of GD...
Government to provide cash transfers, working capital loans for 12 million MSMEs
Business 2 days ago

Government to provide cash transfers, working capital loans for 12 million MSMEs

The government is set to provide cash transfers and working capital loans for micro, small and mediu...
Experts, business players urge COVID-19 response team to evaluate fiscal stimulus
Business 6 days ago

Experts, business players urge COVID-19 response team to evaluate fiscal stimulus

Experts and a business player association are urging the newly established COVID-19 response team to...
Government guarantees $6.9b in working capital loans for labor-intensive businesses
Business 1 week ago

Government guarantees $6.9b in working capital loans for labor-intensive businesses

The government has guaranteed working capital loans worth Rp 100 trillion (US$6.92 billion) for labo...
Government raises 2021 budget deficit to 5.2 percent of GDP
Business 1 week ago

Government raises 2021 budget deficit to 5.2 percent of GDP

The government will raise its 2021 state budget deficit assumption to 5.2 percent of gross domestic ...
State-owned banks disburse nearly $3 billion in working capital loans using govt funding
Business 1 week ago

State-owned banks disburse nearly $3 billion in working capital loans using govt funding

State-owned banks have collectively disbursed Rp 43.5 trillion (US$2.99 billion) in working capital ...
US sees manufacturing growth ahead of Fed meeting, GDP data
Business 1 week ago

US sees manufacturing growth ahead of Fed meeting, GDP data

The Federal Reserve is set to meet this week ahead of a key GDP estimate as new data shows recovery ...
Australia warns economy to shrink record 7% in Q2
Business 1 week ago

Australia warns economy to shrink record 7% in Q2

Officials said gross domestic product would contract 7 percent in April-June, pushing the economy in...
No global bonds in sight as Indonesia focuses on local debt market
Business 1 week ago

No global bonds in sight as Indonesia focuses on local debt market

The government is not likely to issue another global bond this year as it aims to focus on strengthe...
Govt allows MSMEs to obtain tax ID numbers through state-owned banks
Business 1 week ago

Govt allows MSMEs to obtain tax ID numbers through state-owned banks

Micro, small and medium enterprises (MSMEs) can now obtain tax identification numbers (NPWP) through...
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