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June 02, 2025

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MONDAY, JUNE 02, 2025

shrinks

A worker walks at a construction site during dusk in Jakarta, Indonesia, April 4, 2019/ Reuters
Global Economy

Indonesia's economy shrinks year-on-year in third quarter, suffers first recession in over 20 years

On a quarterly basis, the economy grew a non-seasonally adjusted 5.05% in the July-September period, the data showed

Logo of Apex Footwear. Picture: Collected
Corporates

Apex Footwear’s revenue shrinks amid pandemic

FILE PHOTO: Stacks of containers are seen at Tanjung Priok port amid the coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, August 3, 2020. REUTERS/Ajeng Dinar Ulfiana
Global Economy

Indonesian economy shrinks for first time since 1999 in second quarter

A worker welds a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. Picture taken September 2, 2019/ China Daily via Reuters
Global Economy

China October factory activity shrinks for sixth month

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