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Indonesia’s Economy Contracts 5.32 Percent, Says Central Statistics Agency

Indonesia’s Economy Contracts 5.32 Percent, Says Central Statistics Agency

Indonesia's economy in Q2 showed a deeper contraction than the consensus of economists and the government’s estimate in the range of 4.3-4.8 percent
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Pension Fund: A Key Driver for Indonesia’s Vision 2045

Pension Fund: A Key Driver for Indonesia’s Vision 2045

Based on the data in 2020, pension fund assets in Indonesia are still relatively low compared to other developing countries.
Business
World Bank Cuts Indonesia’s GDP Growth Projection to 3.7 Percent This Year

World Bank Cuts Indonesia’s GDP Growth Projection to 3.7 Percent This Year

The more virulent Covid-19 Delta variant has slowed the pace of economic growth in the East Asia and Pacific region.
Business
Indonesia’s Economy Soars 7.07 Percent in Second Quarter

Indonesia’s Economy Soars 7.07 Percent in Second Quarter

The increase in revenue came from the extraordinary growth of car sales by 758.68 percent in the second quarter.
Business
Indonesia Starts to Crawl Out of Economic Recession

Indonesia Starts to Crawl Out of Economic Recession

Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan assures that Indonesia will survive its economic recession
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