Latest News
Indonesia's Tourism Breaks Records at FITUR 2024 Through Strategic Collaboration
Madrid, Spain - In anticipation of Indonesia's participation in the Feria Internacional de Turismo (FITUR) 2024, the Indonesian Embassy in Madrid hosted an evening banquet. The event was attended by more than 50 participants, including travel operators, tourism business stakeholders, and personnel from the Indonesian Embassy in Madrid (25/1).
Monetary Policy Statement
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent. The global economy continues to expand, driven by domestic demand amid strong labour market conditions. There are further signs of recovery in the electrical and electronics (E&E) sector, but global trade remains soft partly due to the continued shift in spending from goods to services, and ongoing trade restrictions. While China’s economy continues to show signs of improvement, its recovery remains modest given the weakness in the property market.
Consumer Survey August 2022: Consumer optimism Growing
The latest Consumer Survey conducted by Bank Indonesia in August 2022 indicates growing consumer confidence in economic conditions. This was reflected by an increase in the Consumer Confidence Index (CCI) from 123.2 in July 2022 to 124.7 in August 2022, which has consistently remained in optimistic territory with an index reading above 100. (September 9, 2022)
A U.S. recession will likely hurt Asia. These Southeast Asian countries are most vulnerable
Asia will not escape unscathed if the U.S. falls into recession, but some countries in Southeast Asia will be more badly hit than others, economists warn. (September 4, 2022)
Malaysia’s Economy Expands 8.9% in the Second Quarter, Fastest Pace in a Year
Malaysia’s economy grew at the fastest clip in a year, fueled by a surge in consumption underpinning the recovery of services and manufacturing, boosting the central bank’s scope to focus on fighting inflation. (August 12, 2022)
Health Request Parent Vaccinate Children
Minister of Health, Budi Gunadi Sadikin, and Governor of West Java, Ridwan Kamil kicked off National Child Vaccination Month (BIAN) phase II at Karawang Regional General Hospital (RSUD) on Wednesday (3/8). The minister requested parents vaccinate their children. (August 3, 2022)
Alarming statistic: 13,000 businesses withdraw from market each month
In the first quarter of 2021, the number of businesses withdrawing from the market was higher than the number of newly established ones. The Covid-19 pandemic continues to affect production and business activities in Vietnam. (May 21, 2021)
Census data collection at your fingertips
The e-census, the second stage of the BPP2021, began on April 20 and will end on June 21. It can be accessed through the BPP2021 portal www.brucensus.gov.bn. (May 19, 2021)
New industry guidelines, framework to ramp up green finance in Singapore
A FINANCIAL industry taskforce, convened by the Monetary Authority of Singapore (MAS), has launched a guide for climate-related disclosures and a framework for green trade finance. (May 19, 2021)
No baby boom, data points Malaysia to ageing nation
Just a year ago, when the first of the stricter movement curbs was imposed and people were mostly confined to their homes, expectations ran high on a possible baby boom in Malaysia. But a year later, the numbers are nowhere close to it. (May 16, 2021)