Economy

BI 2,6 miliyar export

Bank Indonesia Amass IDR 2,6 Billion From Export Foreign Exchange

Bank Indonesia has managed to accumulate a total of USD 173 million or approximately IDR 2,6 billion from the foreign export exchange. Denny Prakoso as the Director Director of the BI Monetary Management Department said that the number obtained since March 2023. This was after the implementation of the domestic placing of export proceeds. Export […]

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sillicon valley bank bangkrut bancruptcy startup

Silicon Valley Bank Falls And Its Rippling Effect to Startups Industries

Silicon Valley Bank (SVB), the 16th largest bank in the United States, reportedly collapsed on Friday, 10 March 2023. The fall of the bank happened in just 48 hours starting on Wednesday when it announced the bank’s recent move. This announcement resulted in a bank run where many of its customers tried to withdraw money

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India's industrial Production Growth Rate Increased to 5.2%

India’s Industrial Production Growth Rate Increased to 5.2%

India’s industrial output increased for the third consecutive month in January, and at a faster-than-expected rate, according to data from the statistics ministry released Friday. Industrial output increased 5.20 percent year on year in January, following a revised 4.68% increase in December. This was kind of higher than the economists’ predicted 5.0% increase. Electricity production

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China Averts Economic Risks by Deepening The Financial System and Opening Up More Foreign Investment

China Averts Economic Risks by Deepening The Financial System and Opening Up More Foreign Investment

China will deepen the financial system and improve their regulatory regime to avoid the economic risks, and opening up more to foreign investment, said Premier Li Keqiang on March, 5. The government will cover up the risks of high-quality property corporations and lessen payments of the burden of interest to local governments said by the

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Indonesia Stock Market Recovering as Pandemic-Era Restrictions are Over bursa saham dagang aturan

Indonesia Stock Market Recovering as Pandemic-Era Restrictions are Over

Indonesia’s financial services authority known as OJK (Otoritas Jasa Keuangan) will finally ease some pandemic-era rules for the stock market including trading and short selling as the situation in the pandemic is getting better. The new regulation will gradually take place by the end of this month. In the letter sent by Inarno Djajaldi, head

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Japan PM Pushes For Increases In Worker Wages With Support From Business Lobby Prime Minister Fumio Kishida

Japan PM Pushes For Increases In Worker Wages With Support From Business Lobby

Japan must spread the pace of pay rises across the country to combat increasing inflation when annual labor negotiations wrap next month, according to Prime Minister Fumio Kishida, who has the support of a large business lobby. In Japan, wages have lagged behind inflation for years as cautious businesses kept record amounts of cash while

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vietnam ekonomi gdp pdb naik tinggi

Vietnam’s Economy Records Decade-Highest Growth in 2022

Vietnam’s GDP grew at its best rate in more than a decade this year, 8.02 despite an impending global recession. This is the largest increase throughout the period of 2011 to 2022, according to the General Statistics Office of Vietnam (GSO). With an 8.1% growth rate, manufacturing, construction, and processing were the three main economic

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economy ekonomi RI Indoensia the bright spot in asia airlangga hartarto kemenko jokowi

RI’s Economy Predicted to Be The Bright Spot in Asia

Airlangga Hartarto, the Coordinating Minister for the Economy, revealed that the current global dynamics can be used as a reminder for the Indonesian people to remain optimistic, but still must continue to be vigilant in facing economic conditions. He said this in the 2023 Economic Outlook Seminar entitled “Menjaga Resiliensi Ekonomi melalui Transformasi Struktural“, last

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