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Jokowi Tempers Growth Outlook, Warns of Middle-Income Trap

Jokowi Tempers Growth Outlook, Warns of Middle-Income Trap
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Indonesia Latest: Jokowi Seeks Policy Continuity Ahead of Vote

(Bloomberg) Indonesia is entering a political season and tension is heating up ahead of the February 2024 election, President Joko Widodo said in his annual state of the nation address.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out ....

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Indonesia's GoTo Cuts Loss After Bottom-Line Focus Pays Off

(Bloomberg) GoTo Group cut its 2023 loss projection after staunching some of the bleeding in the second quarter, taking the Indonesian internet leader closer to its goal of getting into the black after an era of costly expansion.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotOut of Options and Money, Argentina Pres ....

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Indonesia Holds Policy Rate, Offers Lower RRR for Some Banks

(Bloomberg) Bank Indonesia kept its key rate at a four-year high to shield the rupiah ahead of a widely expected tightening by the US central bank, while lowering reserve requirement for some lenders to boost credit expansion, signaling that it’s keeping a close eye on economic growth.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ....

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To Boost US Dollar Supply, Indonesia Wants 30% of Exporters' FX Kept Onshore

To Boost US Dollar Supply, Indonesia Wants 30% of Exporters' FX Kept Onshore
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