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The Worst is Over Now

By administrator | November 6, 2020 | Economy.

The Worst is Over Now. Finance Minister Sri Mulyani Indrawati said Indonesia had pass the worst period cause by the Covid-19 pandemic. According to him, the worst period due to the pandemic was in the second quarter of 2020. Previously, in the second quarter of 2020, Indonesia’s economy contract at minus 5.32%.

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Indonesia Provincial Minimum Wage

By administrator | November 6, 2020 | Economy.

Indonesia Provincial Minimum Wage. The Minister of Manpower, Ida Fauziyah. It has issue a circular asking the Governors to set the minimum wage value (UMP) in 2021. To be the same as the minimum wage value in 2020. Even so, there are still a number of regions that will continue to raise the UMP next.

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Indonesia Turning Point Economics

By administrator | November 6, 2020 | Economy.

Indonesia Turning Point Economics. The Minister of Finance, Sri Mulyani Indrawati, said that the Indonesian economy in the third quarter of 2020 grew -3.49% year on year (yoy). This growth is consider to be better than the second quarter of 2020 which grew -5.32%. According to Sri Mulyani, this better third quarter.

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Indonesia Unemployment Rate Increase

By administrator | November 6, 2020 | Economy.

Indonesia Unemployment Rate Increase. As well as Indonesia officially entered the brink of economic recession. Along with the economic recession in Indonesia, the number of unemployed has also increased. Indonesia is experiencing an economic recession after experiencing minus two consecutive quarters of.

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Indonesia 3Q20 High Cost Economy

By administrator | November 5, 2020 | Economy.

Indonesia 3Q20 High Cost Economy. Minister of Finance (Menkeu) Sri Mulyani Indrawati said Indonesia’s economy in the third quarter of 2020 improve compare to the previous quarter. However, this achievement comes with the consequence of higher costs. Namely an enlarging budget.

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Indonesia Institute of Development Economics Projection

By administrator | November 5, 2020 | Economy.

Indonesia Institute of Development Economics Projection. The Institute for Development of Economics and Finance (Indef) sees that economic growth in the third quarter of 2020 will still be in a negative zone. After in the second quarter of 2020 the economy record a growth of minus 5.32%.

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Garuda Indonesia Cost Efficiency

By administrator | November 2, 2020 | Economy.

As well as Garuda Indonesia Cost Efficiency. Garuda Indonesia Tbk. (GIAA) confirm that the restructuring steps are currently being carry out through efficiency in all lines. This was carry out in line with negotiations with a number of lessors in the midst of the Covid-19.

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Generalized System of Preferences for Indonesia

By administrator | November 2, 2020 | Economy.

Generalized System of Preferences for Indonesia. The extension of the Generalized System of Preferences (GSP) facility from the United States (US) brings fresh air for Indonesian export products. This decision was taken by the US through the United States Trade Representative (USTR) on Saturday, October 30, 2020.

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Oil Price Fluctuations Pressing ELSA Performance

By administrator | October 22, 2020 | Economy.

As well as, Oil Price Fluctuations Pressing ELSA Performance. Oil and gas service company PT Elnusa Tbk (ELSA). Admit that business performance throughout 2020 was quite depress by several factors. This issuer has also prepare a number of strategies, to maintain its.

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