indo02
Read More

Bank Indonesia Predicts Halal Value Chain to Grow by 5.3% in 2023

TEMPO.CO, Jakarta – Bank Indonesia or BI forecasted that the country’s halal value chain (HVC) sector will keep rising in 2023. According to the BI Executive Director of the Communication Department Erwin Haryono, the Islamic economy and finance will continue to grow and support national economic recovery, especially amid various global pressures and their impacts on the country. “BI […]

Read More
indo01
Read More

Indonesia GDP growth races to nine-year high

JAKARTA: Indonesia’s economic growth picked up last year, spurred by the removal of pandemic-related restrictions and a global commodity boom that lifted exports to a record high, even as growth slowed in the final quarter, according to official data. South-East Asia’s largest economy expanded 5.31% in 2022, Statistics Indonesia data showed, its best annual growth […]

Read More
indo01
Read More

Indonesia’s GDP grew 5.31% in 2022, back to pre-COVID level

JAKARTA — Indonesia’s economy returned to pre-pandemic growth in 2022, as the government eased COVID restrictions and businesses got back into gear. Southeast Asia’s largest economy grew 5.31% in 2022 from a year earlier, government data showed on Monday, up from a 3.69% expansion in 2021. Indonesian President Joko “Jokowi” Widodo had previously forecast growth of 5.2% […]

Read More
indo02
Read More

Indonesia’s economy likely lost some steam in Q4

BENGALURU, Feb 3 (Reuters) – Indonesia’s economic growth likely slowed in the fourth quarter as declining commodity and energy prices hit exports, and a widely expected global recession could accelerate the slowdown this year, a Reuters poll found. Southeast Asia’s largest economy exported a record $292 billion in 2022, driven by high global commodity prices […]

Read More