indo01
Read More

Indonesian govt accords priority to MSME recovery for bolstering economic growth

The Indonesian government has focused on the recovery of micro-, small- and medium-scale enterprises (MSME) that significantly contributed to driving national economic growth, Coordinating Economic Affairs Minister Airlangga Hartarto has stated. Jakarta (VNA) – The Indonesian government has focused on the recovery of micro-, small- and medium-scale enterprises (MSME) that significantly contributed to driving national economic growth, Coordinating Economic […]

Read More
indo01
Read More

Indonesia: Manufacturing PMI at record-high in March

The manufacturing Purchasing Managers’ Index (PMI) released by IHS Markit jumped to 53.2 in March from 50.9 in February, marking the strongest reading since the survey began in April 2011. Therefore, the index moved further above the 50-threshold, signifying improving operating conditions. March’s increase came on the back of stronger increases in both output and […]

Read More
th02
Read More

SCB forms JV with Indonesian travel app Traveloka

Siam Commercial Bank Plc, the country’s third-largest bank by assets, on Friday announced a joint venture with Indonesian startup Traveloka to offer financial services and products to Thai customers. The new joint venture, TREX Ventures, will combine Traveloka’s understanding of user behaviour and tap into SCB’s 16 million customers, Pitiporn Phanaphat, the chief financial officer […]

Read More
indo01
Read More

Indonesia’s GDP recovery seen unaffected by capital outflows

JAKARTA: Indonesia’s economic recovery will not be disrupted by recent capital outflows and Southeast Asia’s largest economy is set to grow close to 5% this year, a central bank deputy governor said on Friday. Emerging markets have seen capital outflows in recent weeks pressuring their currencies, triggered by uneven economic recovery globally and rising U.S. […]

Read More