Q1/2024 Business Activity Shows Resilience, Supported by Elections and Ramadan, Says BI

Bank Indonesia (BI) has observed an indication of improved business activity performance in the first quarter of 2024 compared to the previous quarter, in line with the increased public demand during the 2024 General Election period and Ramadan. This is reflected in the results of Bank Indonesia’s Business Activity Survey (SKDU), where the Net Weighted […]

“Upcoming BPS Announcement: Trade Balance Data and Economist Predictions”

As Jakarta braces for the afternoon, all eyes are on the Central Statistics Agency (BPS), set to reveal the export, import, and trade balance data for March 2024 today, Monday (22/4/2024). A comprehensive survey conducted by Bloomberg among economists anticipates an average trade surplus of US$1.14 billion. The projections vary, with the highest estimate at […]

“Embracing Kartini’s Legacy: Sri Mulyani Echoes Zeehandelaar’s Words”

Sri Mulyani Indrawati, Indonesia’s Minister of Finance and a prominent figure in the Indonesia Maju Cabinet, joined the nationwide celebration of Kartini Day on April 21st. Amidst her busy schedule attending the Spring Meetings of the IMF and World Bank, as well as the G20 Summit in Washington D.C., Sri Mulyani took a moment to […]