#middle income trap

Collection of middle income trap news, found 205 news.

Economy must grow 6-7% to escape middle-income trap: Monoarfa

The Indonesian economy must grow between 6-7 percent for the nation to escape the middle-income trap, Minister of ...

Indonesia must mainstream technology, innovation to drive development

Technology and innovation must become the mainstay of the economy if national development has to be achieved, Minister ...

Indonesia may return to lower middle-income status: minister

With its economy contracting 2.07 percent in 2020 due to the COVID-19 pandemic, Indonesia is projected to return to its ...

Govt using five strategies to utilize demographic bonus: minister

The Indonesian government has outlined five strategies to take maximum advantage of the demographic bonus through ...

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Unlocking Indonesia's digital economy potential

Indonesia’s digital economy potential is valued at US$133 billion, while in the ASEAN, it reached US$300 ...

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Government convinced Job Creation Law will boost public welfare

President Joko Widodo (Jokowi) finally signed the Job Creation Bill on November 2, 2020, officially making it Law ...

Job Creation Law will help people prosper: Moeldoko

Presidential Chief of Staff, Moeldoko, has said he is optimistic the Job Creation Law will improve the welfare of the ...

Islamic economics pivotal to advanced Indonesia vision: BI

Deputy Governor of Bank Indonesia (BI), Sugeng, said Islamic economics and finance will play a significant role in ...

Job creation law strikes balance between interests of parties: Kadin

Deputy Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin) Shinta Widjaja Kamdani gauged that the ...

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Omnibus law protests highlight need for dialogue

President Joko Widodo’s goal of getting Indonesia’s first ever omnibus bill passed into law has finally ...

Parties discontent with omnibus law can seek judicial review: Jokowi

President Joko Widodo (Jokowi) accentuated that parties dissatisfied with the omnibus law on job creation can press ...

153 companies to invest in Indonesia after Omnibus law approval

Some 153 companies have planned to invest in Indonesia after the passage of the omnibus law on job creation, Head of ...

Rallies against new law could create COVID-19 clusters, warns IDI

The Indonesian Medical Association (IDI) has warned that widespread rallies against the job creation law could give ...

Jakarta Police detain some 400 demonstrators from anarchic group

The Jakarta's Metro Jaya Police arrested some 400 demonstrators purportedly of an anarchic group following ...

Do not believe in hoax on omnibus law: MPR Chief

People's Consultative Assembly (MPR) Chairman Bambang Soesatyo urged people to not believe hoax or fake news ...