Indonesia FDI Contracts in Q2 as Covid-19 Restrictions Disrupt Projects

... ) said on Wednesday the largest economy in Southeast Asia saw Rp ... investment, followed by Hong Kong, China, Japan and South Korea. Several ... . The government now expects the economy would contract by 4.3 ...

Jokowi Tasks Airlangga, Erick With Fixing the Economy and Defeating Covid-19

... Coordinating Minister for the Economy Airlangga Hartarto chaired the aptly ... climbing in Indonesia, just surpassing China last week. Erick said, ... decision to reopen the economy and revert to locking ... current conditions, [health and economy] must go hand in hand ...

BI Lowers Interest Rate as Slack Gov't Spending Leads to Sharp Contraction in Q2

... measures to ensure that the economy has enough liquidity in ... the contraction of the Indonesian economy [in the second quarter of ... of the pandemic, grinding the economy to a halt. Minister ... with the increasing demand from China. "Bank Indonesia will continue ...

Eastspring Paves Way for Indonesians to Invest in Alibaba, Tencent

... 2.4 million worth of China equity mutual fund offered by ... fund, called Eastspring Syariah Greater China Equity USD, on June ... enabled Indonesian to invest in China’s economy, which, according to ... with access to the Greater China region. Chia also said ...

Indonesia Welcomes $38b Factories Relocation From China to C. Java

... companies relocation from China. The largest economy in Southeast Asia ... chain amid growing tension between China and the United States, ... higher wages in China, and severe disruption brought ... solved is the high-cost economy. But if someone wants ...

Jokowi Wants Jakarta-Bandung Fast Train to Extend to Surabaya

... Coordinating Minister for the Economy Airlangga Hartarto on Friday ... was referring to the China and Indonesia consortium, Kereta ... Cepat Indonesia China (KCIC), which currently develops ... fast train project before China beat their proposal ...

Penetrating Post-Pandemic Chinese Market With Stories

... a recent business discussion. China has always been an ... the second-largest economy in the world economy is set to ... competition. Indonesian Ambassador to China Djauhari Oratmangun said that products ... our historical relation with China," Djauhari said at the ...

Rupiah Set to Return to Pre-Pandemic Level: Bank Indonesia

... first countries in Asia outside China and Japan to return to ... economic level. Morgan Stanley said China's "first-in, first-out ... Covid-19, domestic demand-oriented economy and policy easing" would help ... its economy to return to pre-Covid ...

Trade Swings to Deficit as Coal, Automotive Exports Suffer Amid Pandemic

... ' main markets. The largest economy in Southeast Asia saw exports ... the beneficiaries of the China–United States trade war ... exports to China increased as the second-largest economy in the ... In April 2020, export to China experienced its highest monthly increase ...

Bank Indonesia Reveals Six Monetary Policies to Keep Financial System Stable

... , including the United States and China. "The exchange rate stabilization measures ... a recovery of the national economy, So far in 2020, Bank ...