Indonesia gears up for demand revival


Rising demand: A woman walks while shopping at a Foodmart Fresh supermarket in Jakarta. Data last week showed South-East Asia’s largest economy grew a stronger-than-expected 5.18 in the second quarter, its fastest pace in 2 years.— Reuters

Consumer confidence index highest since March 2015

JAKARTA: Indonesian firms ranging from restaurant chains to snackmakers are stepping up investment and launching new products as improving economic conditions and easier access to credit drive a spurt in consumer demand in the country of 250 million people.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience
SERC has positive outlook on exports this year
Topmix makes Bursa debut with 32% premium
KIP-REIT aims to scale up operations
Inta Bina bags RM170mil job

Others Also Read