Automotive Industry Is Hit Hardest by COVID-19
The large-scale social restrictions and days ahead of Idul Fitri are factors to curb automotive sales. The Association
U.S. Business Inventories Show Deepest Drop in March
U.S. business inventories fell in March amid a decline in imports and further decreases are likely as the novel
Government Unleashes IDR 150 Trillion of PEN Stimulus
Ministry of Finance Sri Mulyani Indrawati is committed to roll out IDR150 trillion as National Economic Recovery
Retailers File for COVID-19 Relaxed Tax
Retailers who are still running their operation during economic lockdowns file for COVID-19 relaxed tax to ensure their
Fed Balance Sheet Shows Two-Month Lethargic Growth
The U.S. Federal Reserve’s balance sheet soared skyward to circa USD6.77 trillion, but its assets accumulated were at
1Q20 Financial System Stability Is at Risks
The vicious spread of COVID-19 in Indonesia is major setback in properly-functioning business activities, so Indonesia’s
Banking NPL Steadies at 2.77% Percent in March 2020
The Financial Services Authority (OJK) stated that transportation, manufacturing industry, trading, and consumption
April’s Unemployment Rate in U.S. Soars to 14.7%
The U.S. unemployment level escalated to 14.7% or the second’s highest lay-off level following the end of World War II
Trump’s Tit-For-Tat Tariffs on Chinese Goods Spur Gold to Hike 1%
The U.S. sentiment—Trump’s threats of retaliatory measures on China’s goods—and bleak economic prospect in months ahead
