Bank UOB Indonesia expects the economy of Indonesia to accelerate to a growth pace of 5.2 percent year-on-year (y/y) in 2017, from an estimated 5.0 percent (y/y) this year. Economic acceleration of Indonesia comes despite expected slowing global economic growth. Kevin Lam, President Director at Bank UOB Indonesia, stated infrastructure development and the government's economic policy packages will boost the economy and generate employment thus stimulating household consumption.
Update COVID-19 in Indonesia: 1,542,516 confirmed infections, 41,977 deaths (6 April 2021)
14 April 2021 (closed)
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