#national economy

Collection of national economy news, found 1.602 news.

President Jokowi warns of a possible global economic recession

President Joko Widodo (Jokowi) has appealed to ministers and regional leaders to formulate measures to stave off the ...

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 ...

Thohir formulates steps for SOEs to safeguard economy against COVID-19

State-Owned Enterprises (SOEs) Minister Erick Thohir remains committed to safeguarding the resilience of SOEs in facing ...

BI supports the issuance of Perppu No.1 of 2020

Bank Indonesia (BI) supports the issuance of Government Regulation in Lieu of Law (Perppu) No.1 of 2020 as a relaxation ...

News Focus

Indonesian Government insists lockdown not an option yet

The question of imposing a nationwide lockdown in Indonesia is continuing to spark debate even as the authorities are ...

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 ...

Jokowi: Hope move to slash industrial gas prices helps economy

President Joko Widodo (Jokowi) on Wednesday said he hoped the plan to reduce gas prices for industries would prove ...

Indonesia lockdown not an option yet: COVID-19 task force

A lockdown is not viable for Indonesia yet due to a number of reasons, including maintaining economic stability, said ...

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 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 ...