#domestic product

Collection of domestic product news, found 1.963 news.

APEC members offer fiscal support to SMEs amid COVID-19 pandemic

All 21 members of the Asia-Pacific Economic Cooperation (APEC) have responded to the ongoing coronavirus disease 2019 ...

Car sales fall as coronavirus outbreak cuts demand

The automotive sector has been among the worst affected by the coronavirus outbreak in Indonesia, with demand for motor ...

ADB projects economic slowdown in Indonesia in 2020 over COVID-19

The latest Asian Development Bank (ADB) report projects that Indonesia’s economy will slow down or only record a ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

Support state budget reallocations for COVID-19 handling: BKP

Indonesia's Supreme Audit Agency (BPK) has voiced its support for the government’s plan to reallocate state ...

Indef lays greater weightage to social distancing over lockdown

Institute for Development of Economics and Finance (Indef) Executive Director Tauhid Ahmad believes that the social ...

Indonesia's foreign debts recorded at US$410.8 billion in January 2020

Indonesia's foreign debts totaled US$410.8 billion at the end of January 2020, characterizing a 7.5-percent spike ...

Budget deficit of 2.5 percent of GDP relevant to times

The policy to widen the budget deficit to 2.5 percent of the national gross domestic product (GDP) is relevant to the ...

Govt sets aside Rp160 tln budget stimulus to tackle COVID-19 fallout

The Indonesian government has apportioned Rp160 trillion in budget funding to mitigate the impact of coronavirus ...

Minister forecasts budget deficit to reach 2.2-2.5 percent of GDP

Indonesia's state budget deficit is expected to reach a range of 2.2 to 2.5 percent of the Gross Domestic Product ...

Indonesia's shipping costs remain expensive: Jokowi

Indonesia's shipping costs remain expensive, though the government has carried out a sea toll program to reduce the ...

Sea toll road service contributes 0.3 percent to GDP: Jokowi

Indonesian President Joko Widodo (Jokowi) has instructed related ministries to intensify the contribution of the sea ...

ASEAN encourages Canada to promptly complete free trade agreement

The Association of Southeast Asian Nations (ASEAN) encouraged Canada to swiftly complete the ASEAN-Canada Free Trade ...

Bali government to discuss tourism sector revival amid COVID-19

Bali Governor Wayan Koster plans to hold a coordination meeting with district heads and mayors in Bali to deliberate on ...

All countries compete to draw foreign investment: Jokowi

President Joko Widodo (Jokowi) pointed to the competition among countries in the world, including Indonesia, to attract ...