Nov 5 (Reuters) – Indonesia’s rupiah slumped on Friday after data showed the country’s third quarter economic growth missed expectations, as most Asian currencies eyed weekly losses following the U.S. Federal Reserve’s unveiling of its stimulus tapering plan. The rupiah weakened 0.4% to lead losses after Southeast Asia’s largest economy’s quarterly GDP growth slowed to […]
Read MoreBENGALURU, Nov 3 (Reuters) – Indonesia’s economic growth is expected to have slowed significantly in the third quarter as restrictions imposed to prevent the spread of the coronavirus Delta variant put the brakes on a nascent recovery, a Reuters poll found. After reporting annual growth of 7.07% in the second quarter, the strongest in nearly two […]
Read MoreJakarta (ANTARA) – The Indonesian Coordinating Ministry of Maritime Affairs and Investment has ensured the realization of Indonesia’s commitments to the Recovery of a Sustainable Sea-Based Economy in Indonesia. This statement was conveyed by Deputy Basilio, representing Indonesia at the Ocean Panel Leader Meeting, High Level Panel for a Sustainable Ocean Economy (HLP SOE) in […]
Read MoreMicro-, small- and medium-sized enterprises (MSMEs) in Indonesia employ a staggering 97.2 per cent of the country’s total workforce but are contributing only close to 60 per cent of the US$1.2 trillion economy. As one of the major drivers of the Indonesian economy, they appear to be punching below their weight in terms of economic output. In order […]
Read MoreINDONESIA’S headline inflation inched up to a 5-month high in October on the back of rising transportation costs while core inflation remained stable, coming in at a similar pace as the last 2 months. Headline inflation was up 1.7 per cent from a year ago, and up 0.1 per cent on a month-on-month basis. This […]
Read MoreSINGAPORE – Insurer NTUC Income is expanding its operations to Indonesia, Vietnam and Malaysia through strategic partnerships with leading insurance companies in these countries. The partnerships will be built on the insurance-as-a-service model, in which insurers deliver personalised insurance products to the customer in a simplified way while taking into account when and how they require them. NTUC […]
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