Gov't Moves to Address Lingering Demand Weakness as Trade Data Underwhelm

... Bank Indonesia, the country's central bank, showed consumer confidence index ... reading since October. Consumers' confidence in the current economic ... management company Pengembangan Pariwisata Indonesia, or Indonesia Tourism Development Corporation (ITDC ...

Gov't Plots Rebound After Covid-19 Sends Indonesia Into First Recession in 22 Years

... manufacturing and consumer spending, has lent confidence to the government that Indonesia's ... oversees economy and finance, said Indonesia's economic recovery rests entirely ... tighten the [restrictions]," he said. Indonesia has accumulated the largest number ...

Indonesia’s Technology Challengers Are Racing Ahead

... leader, there’s quiet confidence growing in emerging regions ... the challengers focus on consumer apps or services, ... . Emerging challengers like Indonesia and Brazil are favorably ... and administrative regencies across Indonesia. Technology challengers benefit from ...

Fund Managers Bet on Indonesia's Cyclical Stocks, See Long Rally Ahead

... in cyclical stocks like properties, consumer, automotive, infrastructure, and banking. ... global investor's confidence in emerging markets like Indonesia. Also, globally, low ... upside consist of the property, consumer, automotive, infrastructure, and banking ...

Businesses Count on Vaccine to Spur Middle Class Spending Next Year

... Roeslani, the chairman of Indonesia's Chamber of Commerce and ... Media Holding on Wednesday. Consumer confidence plunged following lockdowns that the ... vaccine would return the confidence among the consumers and ... across all 34 provinces in Indonesia on Sep 19-20. ...

Kino Ends Pet Food Venture With Malaysia's Wah Kong

Jakarta. Kino Indonesia, a listed consumer goods company, has ... model. In June, Kino Indonesia liquidated other subsidiaries, namely ... Kino Malee Indonesia and Malee Kino (Thailand) ... the weakening of the consumer confidence index by 83 points ...

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

... around 4 percent," Bank Indonesia Governor Perry Warjiyo said in ... the second quarter, Bank Indonesia said. The government put ... , retail sales, and the consumer confidence index ticked up. Also, ... demand from China. "Bank Indonesia will continue to strengthen ...

McKinsey Confident of Major Indonesian Companies' Resilience Against Pandemic

... "We have confidence in the resilience of Indonesia and its ... "Over the years, Indonesia has weathered multiple crises ... profit in high-value consumer sectors, technology and pharmaceutical ... companies, including those from Indonesia, could boost economic profit ...

More Capital Outflow in Q1 Than During 2008 and 2013 Crises

... developing countries' stock markets. The consumer confidence index had also fallen significantly ... outflows from emerging markets including Indonesia. During the first quarter, the ... capital outflow in Indonesia was twice as big compared ...

Central Bank Confident Indonesia Will Dodge Recession

... the government he was confident Indonesia could still post a ... the Covid-19 pandemic in Indonesia would last from April ... 70 percent of Indonesia's economic areas. Bank Indonesia (BI) also ... during the pandemic. The Consumer Confidence Index in April fell to ...