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Indonesia Highlights: Indonesia in Recession | Nearly 10M Indonesians Jobless | Indonesia Extends Financial Partnership with Singapore

Indonesia Highlights: Indonesia in Recession | Nearly 10M Indonesians Jobless | Indonesia Extends Financial Partnership with Singapore

Results of the US presidential election were quickly overshadowed in Indonesia as the country officially enters an economic recession
Business
Indonesia Raises Rates for First Time since 2018

Indonesia Raises Rates for First Time since 2018

Bank Indonesia raised the policy rate to 3.75 from 3.5 percent.
News
Indonesia Highlights: Indonesia to Build New 700-Hectare Seaport in Ambon This Year, Says Jokowi | ATM Transactions Drop by 5 Percent amid Pandemic: Bank Indonesia | 16 Million Doses of Covid-19 Bulk

Indonesia Highlights: Indonesia to Build New 700-Hectare Seaport in Ambon This Year, Says Jokowi | ATM Transactions Drop by 5 Percent amid Pandemic: Bank Indonesia | 16 Million Doses of Covid-19 Bulk

President Joko Widodo said that a new port in eastern Indonesia will be developed in Ambon city, Maluku province this year.
Business
Indonesia’s Trade Balance Surplus Maintains Economic Resilience, Says Central Bank

Indonesia’s Trade Balance Surplus Maintains Economic Resilience, Says Central Bank

In January 2021 the non-oil and gas trade balance surplus stood at $2.63 billion, or up 2.73 percent from $2.56 billion in December 2020.
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Indonesia Highlights: Covid-19: Indonesia to Identify More People in Contact Tracing Program | Covid-19: Government Calls for Low-Key CNY Celebrations in Indonesia | Foreign Capital Flows Could Reach

Indonesia Highlights: Covid-19: Indonesia to Identify More People in Contact Tracing Program | Covid-19: Government Calls for Low-Key CNY Celebrations in Indonesia | Foreign Capital Flows Could Reach

The Indonesian government will identify more people with whom the Covid-19 patients have been in close contact.
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