Day: January 10, 2024

POJK No. 22/2023

Towards the end of December 2023, the Financial Services Authority (OJK) issued OJK Regulation (POJK) No. 22/2023. In this regulation, the OJK’s authority to carry out civil lawsuits is strengthened, but what also attracts...

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US Trade Gap Below Forecasts

The US trade gap narrowed to $63.2 billion in November 2023 from $64.5 billion in October and below forecasts of a $65 billion gap. It reflected a decrease in the goods deficit of $0.6 billion to $89.4 billion and an increase in...

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Consumer Morale Edges Up

Indonesia’s consumer confidence inched up to 123.8 in December 2023 from 123.6 in the previous month. Two out of six main sub-indices improved, namely households’ assessment regarding the country’s current...

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