Indonesia’s ride-hailing and payments giant Gojek agreed to combine with e-commerce pioneer PT Tokopedia to create the largest internet company in the world’s fourth most-populous nation. The combined entity is set to form an Indonesian powerhouse, encompassing businesses from car-sharing and fintech to online shopping and delivery. The two companies said Monday they will form […]
Read MoreThe economic recovery in Indonesia is underway with support from government spending and exports. Further economic momentum will be dependent on private consumption, but if consumer inflation and labor market data are any indication, households are not yet ready to carry the economy and may feel the economic recovery is passing them by. The government […]
Read MoreIndonesia’s economic growth is already on the right track and is headed towards positive growth, according to Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development Arsjad Rasjid. Hanoi (VNA) – Indonesia’s economic growth is already on the right track and is headed towards positive growth, according to Deputy Chairman of […]
Read MoreJakarta (ANTARA) – Bank Indonesia’s Retail Sales Survey (SPE) has indicated an increase in monthly retail sales in March this year compared to the previous month. “Real Sales Index (IPR) March 2021 grew 6.1 percent (mtm), increasing from the previous month’s growth of minus 2.7 percent (mtm),” executive director of the central bank’s communication department, […]
Read MoreIndonesia, which is the largest economy in Southeast Asia, is considering imposing taxes on cryptocurrency trading as demand in the sector is booming with the recent price rally. Neilmaldrin Noor, a spokesperson for the country’s tax agency, told Reuters that the Indonesian government is willing to strengthen its tax collections after the impact of the ongoing pandemic has drained […]
Read MoreJAKARTA: Indonesia’s consumer confidence index rose to 101.5 in April, from 93.4 a month earlier, indicating optimism returning for the first time in a year as worries over the coronavirus pandemic eased, a central bank survey showed on Monday. A reading above 100 indicates optimists outnumber pessimists on the outlook for the economy. The index […]
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