Tag Archives: pressures

Jakarta – The economic landscape for online motorcycle taxi (ojol) drivers in Indonesia is becoming increasingly precarious, as a confluence of rising fuel prices and escalating motorcycle spare part costs threatens to erode their already modest earnings. This challenging environment is compounded by stagnant income levels, with some drivers reporting a decline in their net earnings. The current operational reality …

Jakarta (ANTARA) – The Iranian currency has recently drawn significant global attention, caught in the crosscurrents of escalating geopolitical tensions and evolving international economic policies. A pivotal moment arose when the United States, under then-President Donald Trump, reimposed stringent measures, including tariffs of up to 25 percent, on nations engaging in business with Iran. This aggressive stance, part of a …

Jakarta, Indonesia’s central bank, Bank Indonesia (BI), has emphatically reiterated the enduring resilience of the nation’s economy, even as an increasingly complex and challenging global landscape continues to intensify pressures. This powerful assertion was delivered by BI Governor Perry Warjiyo during a series of high-level engagements with global investors, the US-ASEAN Business Council, and the International Monetary Fund (IMF) on …