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Indonesia's economy expands to 5.31 pct in 2022

STORY: Indonesia's economy expands to 5.31 pct in 2022 DATELINE: Feb. 7, 2023 LENGTH: 00:01:28 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of BPS building and press conference 2. various of export-import activities in port 3. various of cargo transportation 4. various of export-import and transportation STORYLINE: Indonesia's economy expanded to 5.31 percent in 2022, the highest rate in the last nine years, according to Statistics Indonesia (BPS). The figure is supported by the growth of 5.01 percent year-on-year in the fourth quarter of 2022. The country's gross domestic product (GDP) was recorded at 5.02 percent in 2019 before the COVID-19 pandemic, then dropped to minus 2.07 percent in 2020 and strengthened to 3.70 percent in 2021, respectively. The growth in 2022 was mainly driven by the transportation sector, household consumption which accounts for more than half of Indonesia's GDP, and higher exports due to rising commodity prices. The country's economic growth in 2023 is exp

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Privee Zurich becomes Hankyu Holdings' top shareholder

OSAKA, Japan - Photo taken Jan. 10 shows the head office building of Hankyu Holdings Inc. Privee Zurich Turnaround Group Co., a Tokyo-based investment company, has become Hankyu Holdings Inc.'s top shareholder by acquiring a 5.01 percent stake, according to a filing submitted the same day to the Finance Ministry.

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INDONESIA-JAKARTA-ECONOMY

(220510) -- JAKARTA, May 10, 2022 (Xinhua) -- People walk on a pedestrian bridge in Jakarta, Indonesia, May 10, 2022. Despite turbulence in global economic prices, Indonesia recorded an economic growth of 5.01 percent year-on-year in the first quarter of this year, compared to 5.02 percent it recorded during the fourth quarter of 2021, the country's Central Agency of Statistics announced on Monday. (Xinhua/Zulkarnain)

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Indonesia's GDP grows 5.01 pct in Q1

STORY: Indonesia's GDP grows 5.01 pct in Q1 DATELINE: May 10, 2022 LENGTH: 00:02:12 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. Group shots of press conference and data 2. Group shots of industry, export-import activities in port, bank activities (Courtesy of Antara) 3. SOUNDBITE (Bahasa Indonesia): MARGO YUWONO, Head of Central Agency of Statistics STORYLINE: Indonesian economy recorded a 5.01 percent growth year on year in the first quarter of 2022, indicating a steady economic recovery. The Central Agency of Statistics on Monday said the low base effect in the first quarter last year, which contracted 0.7 percent, also contributed to the growth. According to Margo Yuwono, head of the agency, the growth indicated that Indonesia maintained a steady economic recovery from the COVID-19 pandemic. Rising commodity prices have driven Indonesia's export to rise by 16.22 percent. Furthermore, the increase of mobility has also stimulated the economy. The growth was attributed to the recovering industry an

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INDONESIA-JAKARTA-ECONOMY

(220510) -- JAKARTA, May 10, 2022 (Xinhua) -- Photo taken on May 10, 2022 shows commuter trains in Jakarta, Indonesia. Despite turbulence in global economic prices, Indonesia recorded an economic growth of 5.01 percent year-on-year in the first quarter of this year, compared to 5.02 percent it recorded during the fourth quarter of 2021, the country's Central Agency of Statistics announced on Monday. (Xinhua/Zulkarnain)

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Privee Zurich becomes Hankyu Holdings' top shareholder

OSAKA, Japan - Photo taken Jan. 10 shows the head office building of Hankyu Holdings Inc. Privee Zurich Turnaround Group Co., a Tokyo-based investment company, has become Hankyu Holdings Inc.'s top shareholder by acquiring a 5.01 percent stake, according to a filing submitted the same day to the Finance Ministry. (Kyodo)

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Falling global stocks

A financial data screen in Tokyo shows stock indexes from global markets falling sharply on Dec. 25, 2018. Japan's 225-issue Nikkei Stock Average finished the day down 1,010.45 points, or 5.01 percent, from the previous trading day at 19,155.74, the lowest level since April 2017. (Kyodo) ==Kyodo