#contraction

Collection of contraction news, found 347 news.

Indonesia economic contraction moderate: Finance Minister

Indonesia’s economic contraction of 2.07 percent (year-on-year) in 2020 was relatively moderate compared to other ...

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Government upbeat on 2022 economic growth

There are strong indications the nation is currently in a transitional period and moving toward better economic ...

Asia-Pacific businesses press for unified action to battle pandemic

Business leaders from 21 Asia-Pacific economies, at this week’s virtual meeting, discussed ways to unitedly ...

Indonesia may return to lower middle-income status: minister

With its economy contracting 2.07 percent in 2020 due to the COVID-19 pandemic, Indonesia is projected to return to its ...

Thohir points to Indonesia's economy faring better than other nations

State-Owned Enterprises (SOEs) Minister Erick Thohir drew attention to Indonesia's economy being currently better ...

Economic recovery trend to continue in 2021: finance ministry

The Finance Ministry has forecast that the positive trend in economic recovery seen in the fourth quarter of 2020 will ...

Indonesia's economy shows signs of recovery: Arif Budimanta

Indonesia's economy that shrank 2.19 percent year-on-year (yoy) in the fourth quarter of 2020 has indicated slowing ...

ICT, health services sectors supported economy in 2020: BPS

The information and communication technology (ICT) sector as well as health services and social activities were the ...

APEC sees softer contraction in 2020, uneven recovery in 2021-2022

Rebound in economic activity in the Asia-Pacific region in the second half of 2020 and continuance of fiscal and ...

Indonesian economy contracted 2.07 percent in 2020: BPS

The Indonesian economy contracted at a slower pace of 2.07 percent year-on-year in 2020 as opposed to the ...

Mandiri Investment Forum 2021 projected to draw over 10,000 investors

Over 10 thousand investors, including 500 foreign investors, embassy representatives, and customers of Bank ...

Money supply increases to Rp6,900 trillion in December 2020: BI

Economic liquidity or money circulation in broad terms (M2) grew in December 2020 to Rp6,900 trillion, or rose by 12.4 ...

Industry minister underscores drivers of industry performance in 2021

Industry Minister Agus Gumiwang Kartasasmita highlighted the COVID-19 mass vaccination program and enactment of Law No. ...

Economic contraction drags down tax receipts

Indonesia's tax receipts fell 19.7 percent to Rp1,070 trillion in 2020 from Rp1,332.7 trillion in 2019 due to the ...

Tax revenue dips 19.7 percent in 2020

The realization of tax revenue contracted 19.7 percent to Rp1,070 trillion as of December 31, 2020 from Rp1,332.7 ...