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Indonesia’s GDP growth expands 5.06% in disappointment

JAKARTA: Indonesia’s economy expanded at a slower pace in the third quarter than economists expected, a disappointing outcome for the government as it struggles to boost growth in Southeast Asia’s largest economy. Key Points Gross domestic product rose 5.06% from a year earlier, according to data released by the statistics bureau in Jakarta on Monday […]

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Indonesia: Q3 Economic Growth at 5.06 Percent

TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) recorded Indonesia’s growth based on expenditure grew 5.06 percent year-on-year (yoy) as of the third quarter this year. Agency chief says the increase was driven by all components. “All components of GDP expenditure grew positively, the highest was exports. Meanwhile government consumption and investment also grew well,” BPS chief […]

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Indonesia focuses on palm oil smallholders to raise output

NUSA DUA, Indonesia: Small palm plantations in Indonesia drew more attention than usual at the opening of the nation’s annual palm oil conference on Thursday, as the world’s top palm oil producer seeks to boost overall output by improving smallholder productivity. Smallholders farm roughly 40 percent of Indonesian land planted with oil palm trees, but […]

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