Day: December 10, 2018

Japan GDP Contracts More than Anticipated

The Japanese economy shrank 0.6% on quarter in the third quarter of 2018, faster than a preliminary estimate of a 0.3% drop and market expectations of a 0.5% decline. It is the steepest contraction since the second quarter of...

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Indra Wonowidjojo

Indra Gunawan Wonowidjo (32 years old), son of Susilo Wonowidjojo—one of the heirs of Gudang Garam Group, made headlines in the past few days because of his extravagant wedding in Singapore recently.

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Income of Life Insurance Slows in Q3

The Indonesian Life Insurance Association noted that total revenue from life insurance in the third quarter (Q3) of 2018 slowed 15.5% to Rp149.87 trillion compared to the same period in 2017. The slowdown in revenue growth...

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