Tue, 21-Oct-2025

Commodities drive Indonesia’s economic recovery in 2021

indonesia

JAKARTA: Indonesia’s economy returned to growth last year as surging commodity prices helped drive a recovery from a coronavirus-triggered recession, data showed, though officials warned the outlook depended on how well the fast-spreading Omicron variant is managed. Southeast Asia’s biggest economy expanded 3.69 per cent on-year, the country’s statistics agency said, having contracted in 2020 … Read more

Commodities drive Indonesia economic recovery in 2021

Commodities drive Indonesia

JAKARTA – Indonesia’s economy returned to growth last year as surging commodity prices helped drive a recovery from a coronavirus-triggered recession, data showed Monday, though officials warned the outlook depended on how well the fast-spreading Omicron variant is managed. Southeast Asia’s biggest economy expanded 3.69 percent on-year, the country’s statistics agency said, having contracted in … Read more

Indonesia bans coal exports in January over domestic supply worries

Indonesia

JAKARTA: Indonesia, the world’s biggest exporter of coal used in electricity generation, on Saturday said it has banned January exports of the fuel in a move aimed at safeguarding its domestic power supply. Rising demand for electricity in the country risks widespread blackouts unless more supplies are diverted to power stations, the Ministry of Energy … Read more