#contraction

Collection of contraction news, found 350 news.

Indonesia's Q1 current account deficit narrows to US$3.9 billion

Indonesia's current account deficit in the 2020 first quarter (Q1) reached US$3.9 billion, or 1.4 percent of gross ...

Indonesia's foreign debt reached US$389.3 billion in Q1 2020

Indonesia's external debt at the first quarter (Q1) end of 2020 was recorded at US$389.3 billion, a 0.5-percent ...

Bappenas forecasts 1% economic growth in Indonesia amid COVID-19

Minister of National Development Planning/Head of the National Development Planning Agency (Bappenas), Suharso ...

Indonesia's Q1 economic performance outshines other nations: Jokowi

Indonesia's economic growth in the first quarter (Q1) at 2.97 percent year-on-year (yoy) is still relatively good ...

President cautions of food crop sub-sector contracting in Q1 2020

President Joko Widodo expressed concern over the contraction in several sub-sectors, including food crops, thereby ...

PMI slumps as manufacturing industry vastly dependent on consumption

Indonesia's manufacturing sector is highly dependent on domestic consumption, so the declining purchasing power of ...

Stability of financial services sector maintained until April: OJK

Indonesia’s Financial Services Authority (OJK) has found the financial services sector stable as of April, 2020, ...

Indonesia revises industrial growth target downwards to 2.6 percent

Indonesian Industry Minister Agus Gumiwang Kartasasmita has revised the growth target for the industrial sector for ...

Ministry projects COVID-19 to spike unemployment by five million

Unemployment in Indonesia is estimated to increase by five million over the economic pressure caused by the COVID-19 ...

IMF projects negative global economic growth this year

The Managing Director of the International Monetary Fund (IMF), at a virtual meeting with G20 members, forecast that ...

PMI increases, minister upbeat on industry investment growth

Industry Minister Agus Gumiwang Kartasasmita is optimistic of Indonesia's industry sector investment growth after ...

Minister cooperates with association to anticipate COVID-19 impact

Industry Minister Agus Gumiwang Kartasasmita cooperated with the national industry association to anticipate the ...

News Focus

Indonesia to tap domestic market, investment to tackle COVID-19 impact

The Coronavirus (COVID-19) outbreak hitting China, the world’s second-largest economy, since January-end 2020 has ...

Indonesian economy projected to decline 0.09 percent over coronavirus

An economist has forecast that the coronovirus outbreak will potentially lower Chinese economic growth by one percent, ...

BI survey indicates retail sales seasonally declined in January 2020

The latest retail sales survey conducted by Bank Indonesia (BI) showed that retail sales had tracked a seasonal decline ...