#contraction

Collection of contraction news, found 347 news.

Indonesia's first-quarter growth may reach 5%: economist

The Indonesian economy is expected to grow 4.5–5 percent year-on-year (yoy) in the first quarter of 2022 as the ...

Aiming for over 5% economic growth in first quarter: minister

The Indonesian government is seeking to boost economic growth to more than 5 percent year on year (yoy) in the first ...

Indonesian economy grows 3.69 percent in 2021 following contraction

The Indonesian economy grew 3.69 percent in 2021 after having contracted 2.07 percent in 2020, according to Statistics ...

PUPR Ministry to relax license for construction business

The Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono said he would relax business license in ...

Indonesia tending towards normal economic recovery: expert

Indonesia is tending towards a normal economic recovery pattern, Associate Professor at the Lee Kuan Yew School of ...

Home Minister asks regional governments to push spending

Home Affairs Minister Tito Karnavian has urged local governments to expedite regional spending at the beginning of the ...

Aviation safety must be maintained as sector revives: Sumadi

Transportation Minister Budi Karya Sumadi has highlighted the need for maintaining flight safety following the ...

Regions should explore new sources of income: home minister

Home Affairs Minister Tito Karnavian urged regional leaders to explore new potential sources of income to boost the ...

Myanmar Government prioritizes economic recovery as pandemic infections decline amid return of national stability ahead of preparations for multi-party national elections

The Myanmar Government said today that it has largely restored national stability after recent civil unrest and is now ...

Pandemic is a chance for economic transformation: President Jokowi

The COVID-19 pandemic must be used as an opportunity to fundamentally transform the economy to create resilience, ...

State expenditure grew 0.8 percent to Rp2,058 trillion in October

State expenditure during the January-October 2021 period reached Rp2,058.9 trillion (US$144.93 billion), or a ...

Indonesia's G20 presidency to highlight equitable economic recovery

Finance Minister Sri Mulyani Indrawati affirmed that Indonesia, during its G20 Presidency next year, will lay emphasis ...

Report projects six-percent economic growth in APEC in 2021

The economy of the APEC region is expected to grow by six percent in 2021 and will settle at 4.9 percent in 2022 in ...

Economic recovery hinges on continued stringent COVID-19 handling

Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that Indonesia's economic recovery ...

Indonesia's manufacturing PMI jump indicates export optimism: minister

Minister of Trade Muhammad Lutfi has said that the rise in the manufacturing Purchasing Managers' Index (PMI), ...