Tag: Indonesia
Southeast Asia Faces Long Road Back to Previous Growth: Survey
The prolonged Covid-19 pandemic is clouding economic projections for Southeast Asia, with most countries not expected to return to pre-pandemic growth levels for several...
Southeast Asia’s attempts at replicating Singles’ Day sales drive shopping boom
Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s retailers are seeking to...
Indonesia, home to giant Gold Mine, wants its own Bullion Bank
Indonesia, home to one of the world's largest gold mines, plans to set up a bullion bank to spur trading of the precious metal...
Indonesian Buy Now Pay Later startup Kredivo gets additional $100 million...
Kredivo, an Indonesia-based buy now, pay later (BNPL) service, announced it has received a second US$100 million debt facility from US-based private credit firm...
Why now may be the ‘Golden Age’ for Southeast Asia Start-Ups...
Southeast Asia’s start-up scene is heating up.
This year alone, two of the region’s biggest names — on-demand platforms Grab and GoTo — announced their...
Philippines Tops Asian Forecasts For Lower GDP, Faster Inflation
Philippine inflation may remain above 4% this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic.
Economists have raised...
Grab and GoTo IPOs could spawn more Southeast Asian Startups
The public listings for two of Southeast Asia’s tech giants will likely pave the way for more high-growth businesses to emerge from the region,...
Bank Indonesia Left Rates Unchanged In May
Bank Indonesia (BI) left its benchmark rate unchanged at 3.50% at its May 2021 monetary policy meeting (MPC).
Consequently, Bank Indonesia maintained the Deposit Facility...
Indonesia: The Next Economic Powerhouse?
Indonesia is one of the emerging market economies of the world. With more than 270 million people, Indonesia is the world's fourth-most populous country,...
Asia Stock Market gains spoiled by Covid woes
Asian equities were in green on Monday if one can ignore covid woes in key regional areas mainly in India, Indonesia and the Philippines....
Indonesia beneficiary of US-China recovery
Economists at UOB Group are expecting constructive prospects for Indonesia following a US-China recovery.
Bringing the COVID-19 pandemic under control with vaccination drives is a...
Indonesia Looking to be a Big Player in the Halal Market
Indonesia’s vice president has recently stated that the country’s halal industry has to expand its role in the global trade of halal products, in...
