World Economic Forum: The Davos Agenda 2021
JAKARTA -Last year the global economy contracted by more than 5%, according to World Bank forecasts, with most countries falling into recession. This session will look at how businesses and governments can collaborate more effectively to restore growth sustainably while boosting productivity and sharing prosperity. Tharman Shanmugaratnam opened the session by talking about the global […]
Property Players Adopt More Realistic Expectations as Consumers Hold Back
After years of high growth, Indonesia’s property sector is facing up to the reality of long-term downturn as consumer spending diminishes and businesses downsize in the wake of the lingering impact of the Covid-19 pandemic. And with the health pandemic showing no signs of easing anytime soon, property players are bracing themselves for some tough […]
Manufacturing proves to be a silver lining for Indonesia
As millions of Indonesians adjust to the new reality of work from home and companies struggle to retain their workers in the face of near total shutdown, some industries are bucking the trend. Indonesia is likely to suffer a sharp drop in GDP growth this year but the country is still expected to end the […]
Helping Hands: Indonesians come together to help those most affected
As a journalist, 27-year old GhinaGhaliya has to collect and verify information about what is happening on the ground, with no exception on COVID-19 cases. She learned that with many companies implementing WFH policy and the government issuing social distancing orders, the informal workforce has been hard hit. Taxi drivers, construction workers, street vendors, security […]
Green Investing is the New Mega Trend
“For the first time since WWII, we sense a shift in which climate and the environment – not growth –will become the priority for governments and their citizens as shortages of food, clean water and air become existential questions,” Saxo Bank chief economist Steen Jakobsen said in a recent report as quoted by CNBC. Jakobsen […]
