Construction workers cross a main road in Jakarta, Indonesia, on Friday. Reuters
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 per cent in January-March from a year earlier,
Building a new capital city from scratch in a jungle-covered area with little to no infrastructure and moving nearly 1 million civil servants to the city within 5 years is definitely
Indonesia’s economic growth slipped to its weakest in over two years, broadly meeting expectations, data showed on Tuesday, signalling more monetary and fiscal stimulus is on the cards over coming months to spur demand knocked by a global slowdown.
Eurozone consumer prices skyrocketed by a record 10 per cent in September, official data showed on Friday, as inflation reached double digits on the back
India’s central bank said a “bleak” global outlook warranted its fourth rate hike in five months on Friday, as Asia’s third-largest economy struggles under
A key measure of Sri Lanka’s consumer inflation surged to an annual record 69.8 per cent in September, official data showed on Friday, highlighting the challenge