Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) raised its forecast for China’s economic growth in 2023, Tuesday (7/11/2023). The increase in forecasts was driven by stronger consumption reasons and newly announced policies by Beijing. The IMF said it saw gross domestic product (GDP) increasing 5.4% this year, compared with its previous forecast of … Read more
Jakarta, CNBC Indonesia– Indonesia’s economic growth in the third quarter of 2023 is expected to slow down in line with the decline in public consumption and exports. The Central Statistics Agency (BPS) will announce economic growth data for the third quarter of 2023 on Monday (6/11/2023).Gathered market consensus CNBC Indonesia of 12 institutions estimates economic … Read more
The current account recorded a deficit in the second quarter of 2023 as well as Indonesia’s balance of paymentsThe sluggish export and the large investment payments by foreign investors in Indonesia have resulted in a current account deficitForeign investors chose to flee from the Indonesian financial market, thereby creating a deficit in the financial transaction … Read more
Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) has again issued a warning regarding the risk of fragmentation in the global economy. In her latest note released Monday (16/1/2023), IMF Managing Director Kristalina Georgieva said the disintegration of trade and technological change had hurt some communities. Public support for economic openness has declined in … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) just finished holding a Cabinet Plenary Meeting today, Tuesday (6/12/2022). Various outlooks and targets for the Indonesian economy for 2023 were also agreed. Economy Coordinating Minister Airlangga Hartarto explained that Indonesia’s current economic growth is considered to be quite good. Indonesia’s economic growth up to the end … Read more
Jakarta, CNBC Indonesia – The Organization for Economic Co-operation and Development (OECD) believes that the Indonesian economy will still be attractive to foreign investors. Although now foreign capital tends to leave Indonesia (outflow) from the financial markets. According to the OECD, Indonesia will still be attractive to investors, thanks to the government’s steps in stabilizing … Read more
Jakarta, CNBC Indonesia – The global economy is still haunted by uncertainty. This will also impact the Indonesian economy. Indeed, the world is currently facing the threat of reflation. The threat of reflation in the world economy was first voiced by Bank Indonesia (BI) Governor Perry Warjiyo ANNOUNCEMENT SCROLL TO RESUME CONTENT Perry said that … Read more
Jakarta, CNBC Indonesia – The rupee exchange rate, which has weakened for five consecutive days this week, is expected to get a “booster” early next week. Dody Budi Waluyo, Deputy Governor of Bank Indonesia (BI) that the exchange rate weakening will be limited, in line with the good news from the Indonesian economy to be … Read more
Jakarta, CNBC Indonesia – The Central Statistical Agency (BPS) will announce Indonesia’s gross domestic product (GDP) data tomorrow, Monday (7/11/2022), at 11:00 WIB. Indonesia’s economic growth in the third quarter of 2022 is expected to reach 5.60% (year over year / yy), higher than the second quarter of 2022 which reached 5.44%. ANNOUNCEMENT Scroll to … Read more
Jakarta, CNBC Indonesia – In the midst of the threat of stagflation and recession that haunts the world, it turns out that there are areas where the economy is safe from turmoil. It is even estimated that the region is still experiencing growth that exceeds projections for the world. As is known, the International Monetary … Read more