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The Asian Affairs > Latest News > Economic growth

Tag Archives: Economic growth

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Indonesia

Vietnam and Indonesia Sign New Agreement to Bolster Science and Technology Cooperation

By The Asian Affairs
March 11, 2025
in :  Indonesia

As part of his state visit to Indonesia, General Secretary To Lam made history in bilateral cooperative relations in science and technology with the formalization of the major advances between the governments of Vietnam and Indonesia. The Minister of Science and Technology, Nguyen Manh Hung, and his Indonesian counterpart, Brian Yuliarto, Minister of Higher Education, Science and Technology, signed and …

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photo 9
Malaysia

Malaysia Aims to Lead in Carbon Capture with New Law

By The Asian Affairs
March 7, 2025
in :  Malaysia

A Big Move for a Greener Future Malaysia is going for a greener future with a new law to become a top player in carbon capture, usage, and storage (CCUS). On Thursday, March 6, the government passed a law that sets up the rules for CCUS, a way to cut pollution and fight climate change. CCUS: Not Just Green but …

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China's economy has slowed since 2020
China

China’s economy has slowed since 2020

By The Asian Affairs
July 16, 2022
in :  China, Economy

CHINA: After months of brutal Covid lockdowns, China’s economy had its worst quarterly performance in more than two years. The world’s second-largest economy’s gross domestic product grew by just 0.4% in the three months ending June 30 this year compared to the same period last year, according to NBS data released on Friday. Reuters polled economists had predicted a 1% …

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Kadin
Geo Politics

Surprisingly, Indonesia’s Economic Growth is Going Steady

By The Asian Affairs
May 14, 2021
in :  Geo Politics, Indonesia

The Public financial development is now in good shape and is going towards positive development, as per Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development, Arsjad Rasjid. The development in (GDP) in the principal quarter of 2021, which was short 0.74 percent when contrasted with a similar period in the earlier year, is …

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Susantono
Indonesia

Investment Makes a Way to Boost Economic Growth

By The Asian Affairs
March 4, 2021
in :  Indonesia

In the Middle of pandemic and everyone is looking forward to recovery, The Asian Development Bank, Vice President Bambang Susantono featured that monetary development during the pandemic not just depended on utilization and backing from government spending yet in addition on speculation backing to empower financial recuperation. At an online course named “Extraordinary Reset and Future Prospects”, Susantono expressed that …

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Muhyiddin
Malaysia

There is No Clear Direction for the Economic Recovery

By The Asian Affairs
November 13, 2020
in :  Malaysia

After the coronavirus pandemic, the federal budget tabled by the Muhyiddin Yassin administration lacked a clear path for economic growth, as many bipartisan demands made by the opposition remained unmet in the budget. Their critiques raise the issue of whether the opposition, as the Malaysian King has consistently called for, would back this so-called Unification Budget. Opposition leader Anwar Ibrahim …

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President Joko Widodo
Economy

Jokowi Emphasize the Role of Job Creation Law on Structural Reforms of MSMEs

By The Asian Affairs
October 26, 2020
in :  Economy, Indonesia

For President Joko Widodo (Jokowi), the Job Creation Law would usher in systemic reform of MSMEs to streamline the way their enterprises are managed. The government emphasized that they continued to pursue structural reforms over the past six years to improve the ease of doing business for MSMEs, including through the Job Creation Law. The president remarked that the Job …

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President Joko 'Jokowi' Widodo
Indonesia

Jokowi Compares Economy of Other Countries with Indonesia During Parmusi Congress

By The Asian Affairs
September 26, 2020
in :  Indonesia

President Joko ‘Jokowi’ Widodo said that the Indonesian nation and other nations were facing a very tough trial. Millions of people around the world exposed to COVID-19. Jokowi also said world economic growth had slowed down due to the COVID-19 pandemic and the economic growth of the number of large countries had decreased significantly since the outbreak. “The Parmusi Congress …

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Economy

Negative economic growth of 5.32 percent; Jokowi wants to combine SOEs with aviation and tourism

By The Asian Affairs
August 6, 2020
in :  Economy, Indonesia

In the quarter II-2020, Indonesia’s economic growth contracted or -5.32% compared to the previous quarter II-2019 (year on year). Meanwhile, the Central Statistics Agency (BPS) reports quarterly or from the first quarter of 2020 to the second quarter of 2020, Indonesia’s economy contracted -4.19% (QtQ). Although Indonesia’s economic growth is experiencing a minus, according to Finance Minister Sri Mulyani Indrawati, …

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