Insights

Insights

Indonesia Recorded First Deflation Since September 2019 Due to Weak Purchasing Power

It was due to weak purchasing power, with Indonesia’s consumer price index (CPI) standing at -0.10% month-on-month in July.
MP
Marella Putri 1 month ago . 1 min read
Insights
World Bank approved $700 million of financing to help Indonesia fights against COVID-19 pandemic
The financing is divided into two projects, one for Indonesia's Social Assistance Reform Program and the other goes as COVID-19 Supplemental Financing for Indonesia's First Financial Sector Reform Development Policy Loan
MP
Marella Putri 4 months ago . 1 min read
Insights
Insurance Industry Hit-Hard in COVID-19 Pandemic
By Elisa ValentaLike other businesses, the insurance industry is vulnerable to the coronavirus pandemic and the slowdown in global economic growth. The Financial Authority Services
EC
Ester Christine Natalia 4 months ago . 1 min read
Insights

Indonesia's economy grew at its weakest pace since 2001 in 1Q-2020

The 2.97% growth is far lower than many projections, and the slowdown is predicted to drag to the second quarter.
MP
Marella Putri 4 months ago . 1 min read
Insights
Sukuk Market will Drop
By Elisa ValentaThe sharia bond (Sukuk) market will see a significant drop in issuance this year due to lower oil price and coronavirus pandemic. The
EC
Ester Christine Natalia 4 months ago . 2 min read
Insights
Jokowi called for immediate debt relief for developing countries
Jokowi emphasizes to all NAM countries member at the High Level Meeting to solidify unity against COVID-19 pandemic and asks equal access to coronavirus medicine for developing countries.
MP
Marella Putri 4 months ago . 1 min read
Insights
Inflation rate in April stood at 0.08%
BPS noted lower demand for goods and services a result of a slowdown in economic and social activities upon implementation of large-scale social restrictions (PSBB)
MP
Marella Putri 4 months ago . 1 min read
Insights
Tax incentives introduced to mitigate COVID-19 impact
The government has extended tax incentives to help more manufacturing sectors, relieve loans for SMEs and income taxes, and more.
MP
Marella Putri 4 months ago . 1 min read
Insights
Stimulus for power generation industry
By Elisa ValentaTo lower the energy costs, Indonesia's government has added the power generation industry to a list of industries eligible for cheap gas. Through
EC
Ester Christine Natalia 5 months ago . 1 min read
Insights
Discussion on omnibus bill on job creation postponed
The move is meant to avoid workers' mass protest before the May Day amid the Covid-19 pandemic.
MP
Marella Putri 5 months ago . 1 min read
Insights
CPO industry hit by uncertainty
Indonesia's palm oil exports for the first two months have declined by 20% to 4.93 million, the dropping demand caused by coronavirus pandemic
MP
Marella Putri 5 months ago . 1 min read