THE biggest risk to Indonesia’s property sector is economic growth that falls below the 5 per cent benchmark, according to a recent report from Maybank Kim Eng. That’s even as the house held to a “positive” rating on the sector, with analysts’ confidence stemming from lower mortgage rates and a supply of cheaper housing by […]
Read MoreBANGKOK, Nov 6 (Reuters) – Indonesia’s freeze on palm oil plantation permits lacks transparency, making it difficult to assess its effectiveness, and the government should provide updated information, an industry watchdog official told Reuters. In September last year the Indonesian government issued a presidential instruction to place a temporary ban on new permits for palm […]
Read More[JAKARTA] Indonesian President Joko Widodo told banking executives they should be lending more to small and medium enterprises at a time of slowing economic growth, while urging them to cut lending rates. Mr Widodo made the comments at a banking conference, a day after data showed Southeast Asia’s largest economy grew at its slowest pace […]
Read MoreIndonesia’s economic growth reached 5.02 percent in the third quarter, the lowest level in more than two years, with investment failing to contribute to the economy, which has been hit by a global economic slowdown driven by the trade war between the United States and China. Statistics Indonesia (BPS) announced Tuesday that weak investment and low […]
Read MoreJAKARTA (AFP) – Indonesia posted another quarter of slowing growth yesterday, its weakest pace in two years, as Southeast Asia’s biggest economy feels the sting of slumping commodity prices. The economy expanded 5.02 per cent in the July-September period, slipping from 5.17 per cent in the same period last year, and the weakest since 2017. […]
Read MoreIndonesia’s economic growth is expected to slow to 4.9 percent in the third quarter of this year as weak global demand affects trade and weakens manufacturing industry, while commodity prices continue to decline, according to a local research house. “We predict GDP to grow more slowly at 4.9 percent in Q3 2019. We also revise […]
Read More
Thailand
