14 June 2022 (closed)
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Tag: GDP
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Berita Hari Ini GDP
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How Does the COVID-19 Crisis Affect Ramadan, Idul Fitri & Mudik in 2021? How Will That Affect the Indonesian Economy?
It was already known that –just like in 2020– the Indonesian government would ban the traditional mudik this year (mudik, which is a distinctive feature of Indonesian culture, refers to the exodus of millions of city-dwellers toward their places of origin where they spend a few days to celebrate the end of the Ramadan month).
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March 2021 Report: Political, Economic & Social Update Indonesia
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Political, Economic & Social Developments in Indonesia: February 2021 Report
On 5 March 2021 Indonesia Investments released its latest monthly report in which key developments are discussed that impact on the country's business and investment environments, most notably the 'positive investment list' (a derivative regulation of the Omnibus Law on Job Creation) and the establishment of Indonesia's sovereign wealth fund (which will focus on infrastructure development).
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Subscriber Update Indonesia: COVID-19 Recession Persists in Q4-2020
On 5 February 2021, Indonesia’s Statistical Agency (Badan Pusat Statistik, or BPS) announced that gross domestic product (GDP) of Southeast Asia’s largest economy contracted 2.19 percent year-on-year (y/y) in the fourth quarter of 2020. This was less severe compared to Indonesia Investments’ outlook of -2.50 percent (y/y).
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Political, Economic & Social Developments in Indonesia: January 2021 Report
On Friday 5 February 2021 Indonesia Investments released its January 2021 report. The report zooms in on key economic, political, and social developments in Indonesia in January 2021. Special attention is given to Indonesia's COVID-19 immunization program (do we expect to see setbacks?), household consumption amid the COVID-19 restrictions, the Sriwijaya Air crash, and Indonesian demographics.
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Indonesia Investments' November 2020 Report: Indonesia-US Relations
On 4 December 2020 Indonesia Investments released its November 2020 report. This report zooms in the US presidential election, and specifically the impact it may have on Indonesia-US relations. Other important topics that are analyzed in the report include the extension of Indonesia's status as a beneficiary country in the US GSP facility, the signing of the Asia-Pacific Regional Comprehensive Economic Partnership (RCEP), and Indonesia's Q3-2020 economic growth.
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Indonesia Investments' Subscriber Update - Indonesia Enters Recession
On Thursday 5 November 2020 Indonesia’s Statistical Agency (Badan Pusat Statistik, BPS) announced that Indonesia’s gross domestic product (GDP) contracted 3.49 percent year-on-year (y/y) in the third quarter of 2020. This pace of economic contraction in Q3-2020 was slightly more severe than we had predicted. Indonesia Investments had its outlook for Indonesia’s Q3-2020 economic growth at the range of -3.0 to -2.5 percent (y/y).
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Economy of Indonesia Enters Recession: GDP Contracts 3.49% in Q3-2020
As expected, the Indonesian economy entered a recession in the third quarter of 2020. On Thursday (05.11.2020), Indonesia's Statistical Agency (BPS) announced that Q3-2020 gross domestic product (GDP) growth contracted by 3.49 percent year-on-year (y/y), which makes it the second consecutive quarter of negative growth.
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McKinsey: Micro, Small & Medium Enterprises Can Contribute $140B to Indonesia's GDP by 2030
Artikel Terbaru GDP
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Update on the Economy of Indonesia & COVID-19 Situation; Mudik Becomes Key Test Case
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Indonesia Ends 2021 Better-than-Expected; Starts 2022 Weaker as Restrictions Are Tightened
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Indonesia Investments January 2022 Report - Full Introduction
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Macroeconomic Indicators Show Positive Trends for Indonesia in Fourth Quarter of 2021
There are reasons to be optimistic about Indonesia’s economic activity in the fourth quarter of 2021. Obviously, the underlying reason being that new confirmed COVID-19 infections have not been far from zero in Indonesia throughout the final quarter of the year. As a consequence, the government of Indonesia did not need to impose tough restrictions, hence economic activity is allowed to blossom.
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Economic Update Indonesia: Despite Negative Indications, Strong Growth Expected in Q3-2021
The economic rebound in the second quarter of 2021 – with a +7.07 percent year-on-year (y/y) growth pace – was great for Indonesia, albeit it is obviously related to the ‘low base effect’ (as Indonesia had hit its rock bottom in the same quarter one year earlier). But what about the future, or more precisely: Q3-2021?
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Introduction of August 2021 Report: Virtual Independence Celebrations
August is always a cause for celebrations in Indonesia as the country commemorates its independence from the colonial Dutch regime every 17 August. This year, it was the 76th year Indonesians celebrated their Independence Day. Obviously, Indonesia Investments sends the warmest wishes for the country's continued prosperity and success to all Indonesians!
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From Paradise to Hell; How the COVID-19 Crisis Has Affected Bali, Indonesia’s Biggest Tourist Destination
As we have discussed in earlier reports and articles, the tourism industry is among the heaviest affected industries amid the COVID-19 crisis. Travel restrictions (such as mandatory COVID-19 tests and vaccines) and in some cases full travel bans set by governments across the world are discouraging people from traveling.
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Tighter Restrictions to Derail Indonesia's Economic Rebound? Introduction July 2021 Report
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News from Indonesia; COVID-19 Crisis Intensifies; 2nd Wave Resembles Tsunami
Right at the very start of July 2021, Indonesian President Joko Widodo announced ‘emergency measures’ (in Indonesian called Pemberlakukan Pembatasan Kegiatan Masyarakat Darurat, or PPKM Darurat, which roughly translates to the Enforcement of Restrictions on Activities in Society) in a renewed effort to combat the COVID-19 pandemic in Indonesia.
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Latest Economic, Political and Social Updates from Indonesia
For Indonesia, the month of April 2021 was particularly dominated by the arrival of Ramadan, the holy fasting month for the Muslim community. From the evening of 12 April 2021 Muslims fast (typically from sunrise to sunset) up to 12 May 2021. It is also known as a period of intensified praying and reading the Qur’an for the Muslim community as well as higher focus on generosity.
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Berita Hari Ini
- Developing an Electric Vehicle Ecosystem in Indonesia; Integrating the Upstream & Downstream Sectors
- Trade Balance of Indonesia: Impact of Palm Oil Export Ban Felt Heavily in May 2022
- Indonesia’s Age-Old Energy Subsidy Dilemma; Government Adds USD $20 Billion to 2022 Budget
- New Report Out: Indonesia’s Age-Old Energy Subsidy Addiction - May 2022
- Gross Domestic Product (GDP); Indonesia Starts 2022 with a Sound Economic Growth Rate