#domestic economy

Collection of domestic economy news, found 311 news.

US stimulus to have positive impact on Indonesia's economy: BI

The US$1.9-million US fiscal stimulus, taking effect since March 17, 2021, would have a positive impact on ...

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 ...

Investment inflow in 2021 has ushered in economic revival: Jokowi

Domestic economic activity has revived with the influx of investment in 2021, according to President Joko Widodo ...

Sharia banks' merger to bolster competitiveness of sharia finance: BI

Merger of three state sharia banks will increase the competitive edge of the sharia domestic economy and finance, as ...

Indonesia's current account hits decade-high in 3rd quarter

Indonesia's current account posted a decade-high growth in the third quarter of 2020 with trade surplus reaching ...

BI leaves key rate unchanged again amid low inflation outlook

Bank Indonesia has left its Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at 4 percent for the third consecutive ...

Conquering pandemic key to economic recovery: ministry

Conquering the COVID-19 pandemic is the main prerequisite for spurring national economic recovery, according to the ...

News Focus

Domestic economic recovery underway, global economy starts to rebound

The global economy is gradually starting to rebound as economic gains in China and the United States are driving global ...

Rupiah strengthens to Rp14,750 against US dollar on Wednesday

The Indonesian rupiah appreciated against the US dollar in the Jakarta interbank market on Wednesday morning before ...

Jokowi optimistic of Indonesia's economy showing positive trend in Q3

President Joko Widodo (Jokowi) was buoyant about the domestic economy showing a positive trend in the third quarter of ...

Indonesia prepares regulation on renewable energy pricing

The Indonesian Government is preparing a presidential regulation on renewable energy pricing, in a bid to gain ...

Government's strategy for economic recovery to drive domestic demand

Chairman of the Financial Services Authority's (OJK's) Board of Commissioners Wimboh Santoso believes the ...

Indonesia's forex reserves surge to US$127.9 billion in April 2020

Indonesia's foreign exchange reserves swelled to US$127.9 billion at April-end of 2020, from US$121 billion a month ...

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 ...

Indonesia's economy shrank to 2.97 percent in first quarter: BPS

Indonesia’s economic growth in the first quarter of 2020 contracted to 2.97 percent, from 5.07 percent during the ...