#contraction

Collection of contraction news, found 347 news.

APEC tackles travel uncertainties, ensures regional connectivity

APEC member economies are ramping up efforts to revitalize cross-border travel by tackling lingering uncertainties ...

All business sectors record growth in Q3, except health: BPS

All leading business sectors, except for health services, managed to record positive growth to drive domestic economic ...

Stability of financial services sector relatively well-maintained: OJK

The stability of Indonesia's financial services sector is relatively well-maintained, Chairman of the Board of ...

Consistent manufacturing expansion signals strong demand: ministry

The consistent expansion of the national manufacturing sector over the past 14 consecutive months is a signal of ...

Indonesia's manufacturing PMI slides to 51.8 in Oct

Indonesia's manufacturing purchasing managers' index (PMI) was recorded at 51.8 in October 2022, down from 53.7 ...

Finance minister believes fiscal instruments can sustain slowdown

The state budget (APBN), as a fiscal instrument, can help in sustaining an economic slowdown in 2023, according to ...

SIG books Rp829 bln in net profit in first half

State-owned cement maker PT Semen Indonesia (Persero) Tbk (SIG) recorded a net profit of Rp829 billion in the first ...

Ministry focusing on uniform Internet distribution across Indonesia

The Ministry of Communication and Information is focusing on preparing infrastructure to achieve uniform Internet ...

Indonesia's foreign debt decreases in second quarter: BI

Indonesia's external debt (ULN) decreased from US$412.6 billion in the first quarter of 2022 to US$403 billion in ...

APEC region's growth to slow down amid uncertainties, crisis: Report

Economic growth in the APEC region is expected to slow down this year amid soaring inflation, a protracted war in ...

Household consumption becomes highest source of economic growth: BPS

Household consumption was the highest source of Indonesia's economic growth, or gross domestic product (GDP), in ...

G20 Indonesia

G20 Sherpa encourages bolstering digitalization for economic recovery

Participants of the Second G20 Sherpa Meeting in Labuan Bajo, West Manggarai, East Nusa Tenggara, agreed to push for ...

Industry 4.0 to optimize Indonesia's manufacturing potential: Ministry

The industrial revolution 4.0 will optimize Indonesia's potential in the manufacturing sector through digital ...

G20 Indonesia

G20 Summit and hope of expedited recovery in Bali

Bali, the province’s economy managed to grow 1.46 percent year on year in the first quarter of 2022. “We ...

West Papua needs security guarantee to draw investors: minister

Investment Minister Bahlil Lahadalia has urged regional governments in West Papua Province to implement a healthy ...