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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
Business
Indonesian Economic Growth Rises to Nine-Year High

Indonesian Economic Growth Rises to Nine-Year High

The growth was propelled by high export prices and the lifting of travel restrictions.
Views
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.
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