Indonesia’s economy has rebounded from the recession as consumers and businesses resumed activities and a global economic recovery boosted exports, according to insiders.
Chairman of Indonesia's BPS Margo Yuwono (Photo: BPS)
Jakarta (VNA) – Indonesia’s🐻 economy has rebounded from the recession as consumers andbusinesses resumed activities and a global economic recovery boosted exports, according to in꧋siders.
The country's GDProse 3.69 percent in 2021 from the previous year, driven largely by a reboundin investment, compared to a 2.07 percent contraction the year before, StatisticsIndonesia (BPS) reported on February 7. Thecountry's economy grew by 5.02 percent in the fourth quarter of 2021. That wasroughly in line with the Indonesian government’s prediction and a touch fasterthan the 4.9 percent expected in a Reuters poll. Indonesia’sGDP is forecast to rise in 2022, however, the outlook for this year is clouded dueto the Omicron variant of the coronavirus and rising COVID-19 cases. “Indonesia’seconomy rebounded strongly in the final quarter of last year, but the recoveryis now entering a more difficult phase,” analyst GarethLeather of UK-based Capital Economics research consultancy said. The IMF inJanuary downgraded Indonesia's 2022 economic growth forecast to 5.6 percent in2022, from 5.9 percent in its previous report, and 6 percent in 2023 from 6.4percent./.
Indonesia will shorten mandatory quarantine time to five days from the previous seven for arrivals from February 4, in an effort to bolster tourism, especially in Bali resort island.
Indonesian Minister of Tourism and Creative Economy Sandiaga Uno has said that the country plans to open 4,000 restaurants abroad in late 2023 and early 2024 to promote its culinary culture.
The acceleration of digital transformation in Indonesia can be driven through four main sectors, namely digital infrastructure, digital government, digital economy, and digital society, according to the Ministry of Communication and Informatics.
The Transportation Ministry of Indonesia has issued a new regulation on Indonesians and foreigners travelling by air for tourism in efforts to curb the spread of COVID-19.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Chairman of Indonesia's BPS Margo Yuwono (Photo: BPS) 
