#national economy

Collection of national economy news, found 1.593 news.

Indonesia introduces large-scale social distancing measures

University of Indonesia (UI), March 13, 2020, announced migrating from face-to-face class meetings to the online-study ...

MPR Deputy Chairman dismisses need for nationwide lockdown

Deputy Chairman of the People's Consultative Assembly (MPR) Jazilul Fawaid opined that it is not the right time to ...

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 ...

COVID-19 to likely inflict losses on Indonesia's tourism

Indonesia's tourism sector is expected to incur losses to the tune of US$500 million (Rp6.9 trillion) in monthly ...

Indonesian economy projected to decline 0.09 percent over coronavirus

An economist has forecast that the coronovirus outbreak will potentially lower Chinese economic growth by one percent, ...

Manpower ministry apportions Rp5.2 trillion for HR training

The Manpower Ministry (Kemenaker) has allotted funds reaching Rp5.2 trillion for training and improving the quality of ...

BI pushes loan growth down to 9-11%

Bank Indonesia (BI) has revised loan growth in 2020 from 10 to 12 percent to 9 to 11 percent, stating that this is a ...

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 ...

Creative economy instrumental in boosting forex earnings

The Indonesian government believes that development of the creative economy plays a strategic role in contributing to ...

Indonesia's first-quarter economic growth projected at five percent

Mari Elka Pangestu, newly appointed World Bank's managing director of development policy and partnerships, projects ...

BI upbeat about 5.5 percent economic growth despite coronavirus threat

Bank Indonesia (BI) is optimistic that Indonesia will record an economic growth of 5.1-5.5 percent this year despite a ...

Indonesia's BOP for Q4 2019 recorded US$-4.3 billion surplus: BI

Indonesia’s Balance of Payments (BOP) in the fourth quarter (Q4) of 2019 recorded a surplus of US$4.3 billion, ...

Tourism, creative economy emerge as new strengths for national economy

Tourism and creative economy have become the new strengths for Indonesia's economy, Mari Elka Pangestu, a senior ...

Indonesia bans live animal imports from China

The Indonesian government has banned the import of live animals from China following the coronavirus outbreak in the ...

Indonesia records US$0.03 billion trade deficit in December

Executive Director of the BI Communication Department Onny Widjanarko reported that Indonesia's trade balance ...