• Indonesia Investments' Subscriber Update - US Elections & Indonesia-US Relations

    The 2020 United States (US) presidential election, held on 3 November 2020, was a fascinating one. The battle between incumbent US President Donald Trump and his rival Joe Biden (the Democratic Party’s candidate) was so close that election night ended without a clear winner. For those who favor one candidate over the other, it was (and is) an emotional roller coaster. For Indonesia Investments, which takes a neutral stance in the election, it is simply a fascinating course of events.

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  • Indonesia Investments' Subscriber Update - Indonesia Enters Recession

    On Thursday 5 November 2020 Indonesia’s Statistical Agency (Badan Pusat Statistik, BPS) announced that Indonesia’s gross domestic product (GDP) contracted 3.49 percent year-on-year (y/y) in the third quarter of 2020. This pace of economic contraction in Q3-2020 was slightly more severe than we had predicted. Indonesia Investments had its outlook for Indonesia’s Q3-2020 economic growth at the range of -3.0 to -2.5 percent (y/y).

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  • Economy of Indonesia Enters Recession: GDP Contracts 3.49% in Q3-2020

    As expected, the Indonesian economy entered a recession in the third quarter of 2020. On Thursday (05.11.2020), Indonesia's Statistical Agency (BPS) announced that Q3-2020 gross domestic product (GDP) growth contracted by 3.49 percent year-on-year (y/y), which makes it the second consecutive quarter of negative growth. 

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