#upper middle income

Collection of upper middle income news, found 54 news.

Need 6--7% economic growth to achieve developed nation status: govt

Indonesia will need to achieve average economic growth of 6–7 percent per year in order to become a developed ...

2021 economic growth bolstered by renewable energy industry: minister

The new and renewable energy (NRE) industry was one of the main sectors that supported Indonesia's positive ...

Digital technology has potential to create 20-45 million new jobs

Digital technology has the potential to create new jobs for 20-45 million workers, according to Head of the National ...

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Despite challenges, strong economic recovery appears on track

Indonesia's economy managed to grow 5.02 percent (yoy) in the fourth quarter (Q4) of 2021, indicating a ...

Indonesia calls for global cooperation for ending pandemic

Addressing world leaders at this year’s United Nations General Assembly (UNGA), Indonesian President Joko Widodo ...

Increased science, technology and innovation (STI) in manufacturing is the key to Indonesia in order to fully maximize benefits from GVC expansion, according to the study by ASEAN-Japan Centre

ASEAN-Japan Centre (AJC) issued Paper 4 of the “Global Value Chains in ASEAN” series focusing on Indonesia in June ...

Possible for Indonesia to regain upper-middle income status: official

Indonesia can return to its upper middle-income status in one to two years, if annual economic growth reaches 5-6 ...

Manufacturing industry to facilitate over 5% economic growth: CORE

Economist at the Center of Reform on Economics (Core) Indonesia, Yusuf Rendy Manilet, urged the government to encourage ...

Economic recovery strategy focuses on industrial sector: Bappenas

Economic recovery strategy is focused on the industrial sector that can leverage employment and have high multiplier ...

Role of civil society organizations paramount to steering development

The National Development Planning Ministry/National Development Planning (KPPN/Bappenas) highlighted that the existence ...

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 ...

VP believes Indonesia can reclaim status as upper middle-income nation

Vice President Ma’ruf Amin is optimistic that Indonesia would be able to revert to being an upper middle-income ...

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 ...

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 ...

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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 ...