Indonesia’s economic growth is expected to have cooled in the third quarter due to slow private investment and a cut in government spending, indicating that Southeast Asia’s largest economy is struggling to mount a strong rebound. The median forecast of … Continue reading →
The Indonesian government and House of Representatives have settled on an economic growth target of 5.1 percent for 2017, anticipating weak government spending to continue next year. The target was lower than the 5.2 percent target set for 2016 and … Continue reading →
Indonesia’s economy grew a faster-than-expected 5.18 percent in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. On Friday, the statistics bureau said Indonesia’s gross domestic product expanded 5.18 percent in the second quarter. … Continue reading →