JAKARTA : Indonesia’s consumer price index in April rose 3.47 per cent from a year earlier, official data showed on Monday, the highest since December 2017 and slightly faster than the 3.34 per cent estimated by analysts in a Reuters poll. Food, energy and air transport fares were the biggest contributors to April’s headline inflation, […]
Read MoreJAKARTA : An historic rise in commodity prices and relaxation of COVID-19 curbs helped Indonesia’s economy grow for a fourth straight quarter between January and March, official data showed on Monday. Southeast Asia’s largest economy grew 5.01 per cent in January-March from the same period last year, compared with 5.02 per cent growth in October-December. […]
Read MoreBENGALURU : Indonesia’s annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to stop the spread of the Omicron coronavirus variant, a Reuters poll found. Southeast Asia’s largest economy expanded 5.00 per cent in January-March, compared to the same period a […]
Read MoreJakarta. Indonesia’s manufacturing sector expansion has accelerated in April thanks to improving economic activities that spur employment and purchasing activity, according to the latest S&P Global Purchasing Manager Index, or PMI, data. Indonesia’s S&P Global Indonesia manufacturing PMI rose to 51.9, increasing from 51.3 in March and marking the ninth consecutive month of the country’s manufacturing sector expansion. A reading above […]
Read MoreShares in palm oil companies listed on the Thai exchange continued to rise on Tuesday, amid an overall market dive, as Indonesia’s ban on palm oil exports sparked a spike in cooking oil prices. While the Stock Exchange of Thailand (SET) index fell by 11 points, down 0.68 per cent, during the morning session, the […]
Read MoreINDONESIA should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday (Apr 28), a day after a last-minute policy U-turn sparked more alarm for markets. The world’s top palm oil producer […]
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