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 ...

Global Investors 'Confident' With Indonesian Economy: Central Bank

... Global investors still have confidence in the Indonesian economy and ... still quite confident with Indonesia," Perry said in a ... the government. Previously, Bank Indonesia could only buy government ... with expectations of low consumer demand and expectation during ...

Future Is Bright: Indonesian Consumers Show Heightened Optimism in November

... Indonesia said in a statement on Thursday. The central bank's consumer confidence ... Indonesia, household consumption accounts for more than half of the economy. Consumer ... other broad measure for consumer confidence. The consumer expectation index had risen by ...

Will Indonesians Buy More After Election Clouds Clear? Manufacturers Think So

... on Indonesia’s consumers and manufacturing sector have pointed to robust confidence ... 's economy. Nielsen's Indonesian Consumer Confidence Index was relatively stable at ... after the elections. The Nikkei Indonesia Manufacturing Purchasing Managers' Index rose ...

SoftBank Deepening Ties to Ride-Hailing Firm Grab With $500m Funding: Sources

... would underscore SoftBank's confidence in the ride-hailing ... itself into a leading consumer technology group, offering services ... far. Within Southeast Asia, Indonesia – home to 250 million- ... commerce. Grab has earmarked Indonesia as a priority market ...

Retail Sales During Ramadan Signal a Rebound

... A Bank Indonesia survey also showed the Consumer Confidence Index increasing ... Sukses Makmur, one of Indonesia's largest producers of ... turn will further support Indonesia's economic growth," ... prices also contributed to consumer confidence, according to Juan ...

Indonesia's Economy Shows Real Signs of Acceleration

... revenue was attributed to Indonesia's commodities sector, ... central bank, Bank Indonesia, showed that the Consumer Confidence Index (CCI) ... still above the minimum confidence level of 100. President ... of Reform on Economics Indonesia. Several indicators in ...