More than four-fifths of Indonesian small and medium-sized enterprises (SMEs) have started to operate normal full hours, according to a survey carried out by Jakarta-based Mandiri Insitute in March and April.
Lao Prime Minister Phankham Viphavan on May 17 afternoon asked relevant ministries and agencies to seek more COVID-19 vaccine sources in order to accelerate the national vaccination rollout.
Morgan Stanley has cut its projection for Indonesia’s economic growth to 4.5 percent year-on-year from 6.3 percent in 2021, and to 5.4 percent from 5.5 percent in 2022.
The Indonesian Bureau of Logistics (Bulog) said it will not import rice this year as the government’s rice reserve stock (CBP) in Bulog’s warehouse is sufficient for sales of supply availability and price stabilisation (KPSH), market operations, disaster emergency response and social assistance.
Indonesia’s oil and gas group Pertamina is considering the adjustment of its strategy to carry out several projects to ease reliance on imported liquefied petroleum gas by 2027.
Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia announced a merger of their businesses on May 17, creating a technology powerhouse called GoTo Group in the country's largest-ever deal, according to Reuters.
The Indonesian economy is likely to expand by 7 percent in the second quarter of 2021, following an upward trend in the disbursement of foreign direct investment (FDI) and an improved consumer confidence index.
Indonesia’s economic growth is already on the right track and is headed towards positive growth, according to Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development Arsjad Rasjid.
The Lao health ministry on May 10 afternoon said the country detected 25 cases of COVID-19 over the past 24 hours, the lowest number recorded in the country over the last 18 days.
Indonesia is planning to ramp up spice exports to the European Union (EU), with a new multi-stakeholder platform dedicated to helping farmers export high-quality and sustainable spices.
Thailand and Indonesia have planned to buy more COVID-19 vaccines, while Singapore decided to stop accepting new entry applications for work pass holders from higher-risk countries or regions amid the complicated developments of the COVID-19 pandemic in many Southeast Asian nations.
Indonesia's economy continued to shrink at 0.74 percent year-on-year in the first quarter of 2021, according to Statistics Indonesia (BPS) head Suhariyanto.