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G20 Summit Pivotal to Bali’s Economic Recovery
The Group of Twenty (G20) has spotlighted Bali, which was hit hard by the Covid-19 pandemic over the last two years. There is great hope that this international attention will be pivotal in recovering Bali’s economy.
English
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Anticipating Pressures on National Economy
Economic growth is not expected to be not as high in in Q4 2022 as it was in Q3 2022. This will be even more so the case with the global economy next year, which is predicted to be “gloomier”.
English
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Economic Slowdown Presses Export Performance
Only the price and export volume of coal remained high. Coal prices in September was recorded at $321.5 per tonne, up from $290 per tonne the previous month.
English
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Saving More on e-Motorcycles
The average price of an electric motorcycle is Rp 28 million, which is about Rp 3 million more than a conventional motorcycle. It is categorized as a middle-segmented unit.
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More Wasteful with Electric Cars
The operational cost of an electric car, which consists of maintenance, energy and taxes, amounts to an average of Rp 23.3 million over a five-year period of use or 100,000 kilometers.
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Growing, but Fundamental Factors Need to be Fortified
Likewise, the household spending as the main engine of economic growth in terms of expenditure was still overshadowed by increasing inflation. As of July 2022, the inflation rate amounted to 4.94 percent.
English
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Beware of Rising Poverty
The poverty rate in March 2022 published by Statistics Indonesia (BPS) on Friday (15/7/2022) did show a decline compared with the previous year.
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Global Situation Affects National Economy
The global price increase has affected global inflation. As a result, the International Monetary Fund (IMF) has revised its inflation projection for this year.
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Indonesia’s Food Waste Equivalent to Rp 330 Trillion (US$22.4 Million) Per Year
Kompas then used BPS data on food consumption per capita in rupiah in order to calculate the monetary value of wasted food. In Tangerang City, the per capita expenditure on food per month is Rp 893,810.
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The Response of Generation X and Y
But many people in this demographic have lost their jobs as an impact of the Covid-19 pandemic.
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