CHINA: After months of brutal Covid lockdowns, China’s economy had its worst quarterly performance in more than two years. The world’s second-largest economy’s gross domestic product grew by just 0.4% in the three months ending June 30 this year compared to the same period last year, according to NBS data released on Friday. Reuters polled economists had predicted a 1% …

The Public financial development is now in good shape and is going towards positive development, as per Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development, Arsjad Rasjid. The development in (GDP) in the principal quarter of 2021, which was short 0.74 percent when contrasted with a similar period in the earlier year, is …

In the Middle of pandemic and everyone is looking forward to recovery, The Asian Development Bank, Vice President Bambang Susantono featured that monetary development during the pandemic not just depended on utilization and backing from government spending yet in addition on speculation backing to empower financial recuperation. At an online course named “Extraordinary Reset and Future Prospects”, Susantono expressed that …

After the coronavirus pandemic, the federal budget tabled by the Muhyiddin Yassin administration lacked a clear path for economic growth, as many bipartisan demands made by the opposition remained unmet in the budget. Their critiques raise the issue of whether the opposition, as the Malaysian King has consistently called for, would back this so-called Unification Budget. Opposition leader Anwar Ibrahim …

For President Joko Widodo (Jokowi), the Job Creation Law would usher in systemic reform of MSMEs to streamline the way their enterprises are managed. The government emphasized that they continued to pursue structural reforms over the past six years to improve the ease of doing business for MSMEs, including through the Job Creation Law. The president remarked that the Job …

President Joko ‘Jokowi’ Widodo said that the Indonesian nation and other nations were facing a very tough trial. Millions of people around the world exposed to COVID-19. Jokowi also said world economic growth had slowed down due to the COVID-19 pandemic and the economic growth of the number of large countries had decreased significantly since the outbreak. “The Parmusi Congress …

In the quarter II-2020, Indonesia’s economic growth contracted or -5.32% compared to the previous quarter II-2019 (year on year). Meanwhile, the Central Statistics Agency (BPS) reports quarterly or from the first quarter of 2020 to the second quarter of 2020, Indonesia’s economy contracted -4.19% (QtQ). Although Indonesia’s economic growth is experiencing a minus, according to Finance Minister Sri Mulyani Indrawati, …