Indonesia posted an economic growth rate of 5.03% in the first quarter of 2023 thanks to improved consumption and increase public spending despite a slowdown in the global economy, according to Statistics Indonesia (BPS). Jakarta (VNA) – Indonesia posted an economic growth rate of 5.03% in the first quarter of 2023 thanks to improved consumption and increase public […]
Read MoreKUALA LUMPUR: Bank Negara Malaysia (BNM) and Bank Indonesia (BI) has announced the commercial launch of the Indonesia-Malaysia cross-border quick response (QR) code payment linkage. The linkage enables Indonesians and Malaysians to make instant retail payments in both countries by scanning the Quick Response Code Indonesian Standard (QRIS) or DuitNow. The launch follows the successful […]
Read MoreBENGALURU, May 3 (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on a quarterly basis as lower commodity prices hit exports and higher interest rates restricted domestic demand, a Reuters poll found. Southeast Asia’s largest economy grew 4.95% in the first quarter from […]
Read MoreJAKARTA : Indonesia’s consumer price index in April rose 4.33 per cent annually, data from the statistics bureau showed on Tuesday, slowing from 4.97 per cent in March and slightly below expectations. The annual inflation came slightly below the 4.39 per cent predicted in a Reuters poll. On a monthly basis, the consumer price index […]
Read MoreUSD/IDR justifies downbeat Indonesia inflation while bouncing off an 11-month low to 14,710 heading into Tuesday’s European session. In doing so, the Indonesia Rupiah pair fails to cheer a retreat in the US Dollar prices amid a sluggish session due to the mixed sentiment and anxiety ahead of the key data/events. Indonesia’s headline Inflation eased […]
Read MoreThe general trade between Cambodia and Indonesia increased by 43.2 per cent to $304 million in the first quarter of 2023. In terms of textile trade, Cambodia is a net exporter to Indonesia, supplying garments and fabric. The exports have consistently grown in previous years. In 2022, Cambodia exported fabric worth $11.607 million and apparel […]
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