The Economic Partnership Agreement between the states of the European Free Trade Association (EFTA) and Indonesia will enter into force on 1 November.
Indonesia lost its prized upper middle-income status after only a year, as Southeast Asia’s largest coronavirus outbreak reversed gains in poverty and employment in the region’s largest economy.
We like the simple way that BI presents their stats and descriptions which allow (well kind of) almost anyone to understand the current state of the economy.
Indonesia has seen the decline to the homegrown economy as a report of the third quarter of 2020 found a possibility of a recession but the Archipelago nation saw improvement in export.
The Covid-19 pandemic and associated containment measures triggered the deepest global recession in eight decades which will require a long recovery while many countries including Indonesia continues the battle to survive.
The controversy of reimposing the large-scale social restrictions creates a dilemma to save Indonesia’s economy from shrinking further as the country expects a recovery in the last quarter of 2020.
Here are some issues as well as actions to consider as put together by PwC Indonesia.
The Indonesian Central Bank issued its July update tracking the state of the nation’s economy in the midst of the Covid pandemic.
The Indonesian Central Bank issued its June update on the 25th June tracking the state of the nation’s economy in the midst of the Covid pandemic.
Alistair Speirs turned to European Chamber of Commerce Chair and President Director of Danone AQUA, Corine Tap, to see how her members are faring and find out her views on the way in which Indonesia has tackled the crisis.
Since 2017, startup company Warung Pintar has helped modernise traditional kiosk businesses adapt to more modern methods of commerce.