Reasons for Indonesia’s Economy to Grow 7 Percent
Deputy Minister of Finance (Wamenkeu) Suahasil Nazara said the realization of economic growth which reached 7.07 percent in the second quarter of 2021 illustrates the balance between people’s movements and the spread of.
Read More...Countries That Made It Out of Recession
Indonesia just came out of the recession in the second quarter of 2021 with an economic growth of 7.07 percent compared to the same quarter of the previous year. Previously, Indonesia was struggling with a recession since the second quarter of 2020, Indonesia recorded negative growth of 5.32 percent at that time, then slightly improved.
Read More...Bukalapak IPO
Bukalapak is the largest Initial Public Offering (IPO) company in Indonesia. This is the latest achievement that the Southeast Asian startup community is starting to grow. In more detail, Bukalapak received fresh funds of US $ 1.5 billion or Rp. 21.4 trillion (exchange rate of Rp. 14,300 per US dollar) from this corporate.
Read More...BI: Economy Grows to 5.4% in 2022
Governor of Bank Indonesia (BI) Perry Warjiyo predicts economic growth next year will be in the range of 4.6 percent-5.4 percent (yoy). This projection is higher than BI’s projection for economic growth this year, which is 3.5 percent-4.3.
Read More...Sri Mulyani: The Economy Grows 5.7 Percent
Finance Minister Sri Mulyani predicts economic growth to be in the range of 4 percent to 5.7 percent in the third quarter of 2021. This optimism is driven by the achievement of economic growth in the second quarter of 2021, which is 7.07.
Read More...Jakarta’s Economy Grows 10.91 Percent
The economic growth of DKI Jakarta Province was recorded at 10.91 percent (yoy) in the second quarter of 2021. With this achievement, the capital city is free from economic recession. Jakarta BPS data noted that the economic growth rate was higher than the second quarter of.
Read More...Indonesia’s Foreign Exchange Reserves USD 137.3 Billion
Bank Indonesia (BI) recorded a foreign exchange reserve position of US$137.3 billion at the end of July 2021. This figure increased 0.14 percent from the previous month’s position of US$137.1 billion. The Chief Executive Director of the BI Communications Department Erwin.
Read More...Property Tax Discount Extension Rules
Finance Minister Sri Mulyani said the finance minister’s regulation (PMK) extending the value added tax (VAT) discount for the property sector until 2021 would be issued next week. The government is still doing harmonization of the.
Read More...West Java Economy Grows 6.13 Percent
The economy of West Java (West Java) year on year (yoy) grew 6.13 percent in the second quarter of 2021 yesterday. Meanwhile, cumulatively until the second quarter of 2021, the West Java economy grew 2.54 percent. According to the Head of the West Java Economic Bureau, Benny.
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