INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

(240508) -- JAKARTA, May 8, 2024 (Xinhua) -- People walk on a pedestrian bridge at Sudirman street in Jakarta, Indonesia, on May 8, 2024. Indonesia's economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced on Monday. (Xinhua/Veri Sanovri)

INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

(240508) -- JAKARTA, May 8, 2024 (Xinhua) -- People walk on a pedestrian bridge at Sudirman street in Jakarta, Indonesia, on May 8, 2024. Indonesia's economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced on Monday. (Xinhua/Veri Sanovri)

Indonesia's economy grows 5.11 pct in Q1

STORY: Indonesia's economy grows 5.11 pct in Q1 SHOOTING TIME: May 6, 2024 DATELINE: May 7, 2024 LENGTH: 00:01:24 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. various of the financial sector in Indonesia 3. various of a port in Indonesia 4. various of Jakarta STORYLINE: Indonesia's economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced on Monday. The quarterly growth marks the highest for a first quarter since 2015, said acting head of BPS Amalia Widyasanti, adding the Southeast Asian country had recorded a growth of 5.12 percent in the first quarter of 2014. However, "Compared to the previous quarter, economic growth contracted 0.83 percent," said the official at a press conference. The main contributors to the economic growth in the first quarter in terms of production are the processing, trade, construction and mining sectors, according to her. "In the first quarter of 2024, the manufacturing

Egypt's central bank raises interest rates by 600 bps

STORY: Egypt's central bank raises interest rates by 600 bps SHOOTING TIME: earlier footage DATELINE: March 7, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting banknotes 3. various of the National Bank of Egypt 4. various of Banque Misr STORYLINE: The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. In a statement, the central bank raised the overnight lending rate to 28.25 percent, its overnight deposit rate to 27.25 percent, and the rate of the main operation to 27.75 percent. The CBE decided to accelerate the monetary tightening process in order to fast-track the disinflation path and ensure a decline in underlying inflation. Egypt's annual inflation figures, despite recent declines, are expected to remai

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

(240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows U.S. dollar and Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Sui Xiankai)

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

(240306) -- CAIRO, March 6, 2024 (Xinhua) -- A man walks out of an exchange office in Cairo, Egypt, on March 6, 2024. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Ahmed Gomaa)

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

(240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Sui Xiankai)

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

(240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows the Central Bank of Egypt (CBE) building in Cairo, Egypt. The CBE raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Ahmed Gomaa)

INDONESIA-JAKARTA-GDP GROWTH

INDONESIA-JAKARTA-GDP GROWTH

(230506) -- JAKARTA, May 6, 2023 (Xinhua) -- This photo taken on May 6, 2023 shows a city view of Jakarta, Indonesia. Indonesia posted an economic growth rate of 5.03 percent in the first quarter of 2023, up from 4.02 percent in the same period last year, despite a slowdown in the global economy, according to Statistics Indonesia (BPS) on Friday. (Xinhua/Xu Qin)

Indonesia's GDP expands 5.05 pct in 2023

STORY: Indonesia's GDP expands 5.05 pct in 2023 SHOOTING TIME: Feb. 5, 2024, FILE DATELINE: Feb. 6, 2024 LENGTH: 00:01:47 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1.various of press conference 2.various of trade and factories (file) 3.various of Jakarta-Bandung High-speed Railway (file) 4.various of supermarkets (file) 5.various of ports (file) STORYLINE: The Indonesian economy expanded 5.05 percent year-on-year in 2023, lower than the previous year's 5.31 percent, Statistics Indonesia (BPS) announced on Monday. The gross domestic product (GDP) grew on a quarterly basis from 4.94 percent in the third quarter from July to September 2023 to 5.04 percent in the last quarter of 2023. "Despite the global economic slowdown and declining prices for major commodities, Indonesia's GDP is still expanding steadily at a rate of 5.05 percent," said acting head of the BPS Amalia Widyasanti at a press conference. The islands with the biggest GDP increase were Kalimantan, the site of a new capital city un

INDONESIA-JAKARTA-ECONOMIC GROWTH

INDONESIA-JAKARTA-ECONOMIC GROWTH

(240205) -- JAKARTA, Feb. 5, 2024 (Xinhua) -- A woman takes photos of the city view in Jakarta, Indonesia on Feb. 5, 2024. The Indonesian economy expanded 5.05 percent year-on-year in 2023, lower than the previous year's 5.31 percent, Statistics Indonesia (BPS) announced on Monday. (Xinhua/Veri Sanovri)

INDONESIA-JAKARTA-ECONOMIC GROWTH

INDONESIA-JAKARTA-ECONOMIC GROWTH

(240205) -- JAKARTA, Feb. 5, 2024 (Xinhua) -- People ride on motorcycles on a main street in Jakarta, Indonesia on Feb. 5, 2024. The Indonesian economy expanded 5.05 percent year-on-year in 2023, lower than the previous year's 5.31 percent, Statistics Indonesia (BPS) announced on Monday. (Xinhua/Veri Sanovri)

Foreign tourist arrivals to Indonesia double in 2023

STORY: Foreign tourist arrivals to Indonesia double in 2023 SHOOTING TIME: Feb. 1, 2024, File DATELINE: Feb. 2, 2024 LENGTH: 0:01:53 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (2024.02.01) 2. various of tourists in Bali (2023.12) 3. various of tourists (2023.1) STORYLINE: Statistics Indonesia (BPS) reported on Thursday that foreign tourist arrivals to Indonesia surged to 11.67 million in 2023. The number doubled from the previous year in 2022 which stood at 5.89 million. Acting head of Statistics Indonesia Amalia Widyasanti said the number of foreign arrivals in 2023 also booked a new record high after the COVID-19 pandemic. Indonesian tourism, however, has not recovered fully from the pandemic. In 2019, the number of tourist arrivals reached 16.11 million. December was recorded as the peak season with 1.14 million foreign visits. Last year, Malaysia contributed the most visits with 1.9 million, followed by Australia with 1.43 million, and Singapore with 1.41 milli

Egypt's central bank raises interest rates by 200 bps to ease inflation

STORY: Egypt's central bank raises interest rates by 200 bps to ease inflation SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:00:54 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting Egyptian banknotes 3. various of a market STORYLINE: The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday over uncertainty surrounding the inflation outlook. The rate hike brings the lending rate to 22.25 percent and the deposit rate to 21.25 percent. "Widespread inflationary pressures remain elevated, continuing to impact pricing and consumption behaviors," the bank said in a statement. Egypt's annual headline and core inflation continued to decelerate, recording 33.7 percent and 34.2 percent in December 2023. However, geopolitical uncertainty and ongoing maritime trade disruptions continue to raise domestic and global inflationary pressures. The meeting came amid the co

Chinese-built bridge boosts development of N. Norway

STORY: Chinese-built bridge boosts development of N. Norway SHOOTING TIME: Dec. 9, 2023 DATELINE: Dec. 11, 2023 LENGTH: 0:02:15 LOCATION: NARVIK, Norway CATEGORY: ECONOMY SHOTLIST: 1. various of the Halogaland Bridge STORYLINE: The Chinese-built Halogaland Bridge near Narvik, Norway's northern port city, has spurred local economic growth, especially benefiting the local fisheries and mining industries, and enhancing overall regional prosperity. Stretching 1,533 meters with a span of 1,145 meters, the Halogaland Bridge, built by China's Sichuan Road and Bridge Group (SRBG), is Norway's second largest and the Arctic Circle's longest suspension bridge. It offers an important shortcut for European route E6 - the main north-south road through Norway and the west coast of Sweden. Data from BPS Nord, northern Norway's regional toll group, reveals the bridge's burgeoning significance. In the past year alone, over 1.59 million vehicles crossed the Halogaland Bridge, 16 percent more than in 2021 and 35 percent m

Indonesia's GDP slows in Q3 over decline in exports value

STORY: Indonesia's GDP slows in Q3 over decline in exports value SHOOTING TIME: Nov. 6, 2023 DATELINE: Nov. 7, 2023 LENGTH: 00:01:48 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Amalia Adininggar Widyasanti, acting head of BPS speaking at the press conference on Nov. 6 2. various of ports in Indonesia (file) 3. various of Jakarta (file) STORYLINE: Indonesia's economic growth slowed in the third quarter of this year as the value of exports declined, Statistics Indonesia (BPS) reported on Monday. Acting BPS head Amalia Adininggar Widyasanti said the gross domestic product (GDP) growth in the July-September period was recorded at 4.94 percent year-on-year, down from 5.17 percent reported in the previous quarter. The latest figure ends Indonesia's economic growth above 5 percent in seven consecutive quarters. "The decline in commodity prices on the international market has an impact on the decline in the export value of our superior products, where the prices of crude palm oil and coal are lo

Indonesia's trade balance surplus rises slightly in September

STORY: Indonesia's trade balance surplus rises slightly in September DATELINE: Oct. 17, 2023 LENGTH: 0:04:52 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of press conference & graphic 2. various of export import activities in port 3. various of palm oil & cooking oil factory 4. various of Jokowi buying cooking oil in traditional market 5. various of Jakarta's landmark STORYLINE: Indonesia posted a trade balance surplus of 3.42 billion U.S. dollars in September, rising slightly compared to the previous month of 3.12 billion U.S. dollars, amidst the decline in the value of exports and imports, Statistics Indonesia (BPS) announced on Monday. "This is the 41st consecutive month of surplus," said Acting Head of BPS Amalia Adininggar Widyasanti in a press conference, adding that exports in September were registered at 20.76 billion U.S. dollars, down by 5.63 percent from the previous month, and the recorded imports value was 17.34 billion U.S. dollars, down by 8.15 percent from August 2023.

Indonesia's inflation rises in August

STORY: Indonesia's inflation rises in August DATELINE: Sept. 2, 2023 LENGTH: 00:02:08 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of views in Jakarta 2. various of streets 3. various of vendors and shoppers STORYLINE: Indonesia's inflation rate for August rose from the previous month's 3.08 percent to 3.27 percent, both of which were within the goal range of 2 to 4 percent set by the central bank. Transportation has been one of the major drivers of inflation for months, along with food commodities, and tobacco, said Statistics Indonesia BPS Deputy for Distribution and Services Statistics Pudji Ismartini. Several initiatives to manage commodity prices, maintain supply availability, facilitate distribution, and monetary and fiscal policy, as well as the real sector, were successful in bringing inflation under control faster than the target, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. The country is targeting inflation to reach a range of 1.5 to 3.5 percen

Indonesia records 5.17 pct GDP growth in Q2

STORY: Indonesia records 5.17 pct GDP growth in Q2 DATELINE: Aug. 8, 2023 LENGTH: 00:01:45 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of press conference 2. various of drone footage of Jakarta 3. various of shopping mall STORYLINE: Indonesia's economy grew by 5.17 percent in the April-June quarter from the same period last year, the country's Central Statistics Agency (BPS) said on Monday. The growth accelerated in the second quarter from a revised 5.04 percent expansion in the previous three months. "In the midst of an estimated slowing global economy and declining prices for leading export commodities, Indonesia's economy grew by 5.17 percent year over year," the agency's deputy head Moh Edy Mahmud said during a press conference. Mahmud explained the growth in the second quarter was supported by increases in public mobility, steady production growth as well as increasing purchasing power of customers, particularly during the Muslim holy month of Ramadan and the following public holidays.

Egypt raises interest rates by 1 pct to curb inflation

STORY: Egypt raises interest rates by 1 pct to curb inflation DATELINE: Aug. 4, 2023 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. File footage of the Central Bank of Egypt 2. File footage of an accountant counting banknotes 3. File footage of the National Bank of Egypt 4. File footage of Banque Misr STORYLINE: Egypt decided to raise the interest rates by 100 basis points in a bid to contain high inflation, the Central Bank of Egypt (CBE) announced on Thursday. The deposit and lending rates were raised to 19.25 percent and 20.25 percent, respectively, while the rate of the main operation and the discount rate were increased to 19.75 percent, the CBE said in a statement after a meeting of the Monetary Policy Committee. Egypt's annual urban headline inflation increased to 35.7 percent in June, up from 32.7 percent in May, and the annual core inflation climbed to 41 percent in June from 40.3 percent in May, the CBE noted. The CBE said a rate hike of 100 bps is warranted for easin

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

GERMANY-FRANKFURT-ECB-INTEREST RATES-RISE

(230727) -- FRANKFURT, July 27, 2023 (Xinhua) -- This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. The European Central Bank (ECB) raised its key interest rates by 25 basis points (bps) on Thursday to curb inflation. (Xinhua/Zhang Fan)

INDONESIA-JAKARTA-GDP GROWTH

INDONESIA-JAKARTA-GDP GROWTH

(230506) -- JAKARTA, May 6, 2023 (Xinhua) -- This photo taken on May 6, 2023 shows a city view of Jakarta, Indonesia. Indonesia posted an economic growth rate of 5.03 percent in the first quarter of 2023, up from 4.02 percent in the same period last year, despite a slowdown in the global economy, according to Statistics Indonesia (BPS) on Friday. (Xinhua/Xu Qin)

Indonesia records 5.03 pct GDP growth in Q1

STORY: Indonesia records 5.03 pct GDP growth in Q1 DATELINE: May 6, 2023 LENGTH: 00:01:03 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of city view 2. various of port 3. various of banks STORYLINE: Indonesia posted an economic growth rate of 5.03 percent in the first quarter of 2023, up from 4.02 percent in the same period last year, despite a slowdown in the global economy, according to Statistics Indonesia (BPS) on Friday. The GDP growth recorded minus 0.92 percent on a quarterly basis, a contraction that always takes place in the January-March period, said BPS deputy for balance sheet and statistical analysis Edy Mahmud. "This 5.03 percent indicates the trend of Indonesia's economic growth is still stable," said the official at a press conference. People's movement has increased as a result of the lifting of restrictions on community activities since December 2022, due to the controlled transmission of COVID-19. Between January and March of this year, the transportation secto

Indonesia marks 35th trade surplus in March

STORY: Indonesia marks 35th trade surplus in March DATELINE: April 18, 2023 LENGTH: 00:02:02 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of BPS building 2. various of BPS press conference 3. various of port activities STORYLINE: Indonesia posted a trade balance surplus of 2.91 billion U.S. dollars in March, marking the 35th surplus since May 2020, according to Statistics Indonesia (BPS) on Monday. "The surplus mainly came from the non-oil and gas sector of 4.58 billion dollars, but reduced by a deficit in the oil and gas sector of 1.67 billion dollars," said BPS Deputy for Statistical Methodology and Information, Imam Machdi, in a press conference. The value of exports in March was 23.50 billion dollars, down by 11.33 percent from the same month last year, while the value of imports was 20.59 billion dollars, down by 6.26 percent. The highest non-oil and gas exports in the first quarter of 2023 went to the United States at 5.83 billion dollars, and Japan at 5.41 billion dollars, wi

Indonesia's inflation falls to 4.97 pct in March

STORY: Indonesia's inflation falls to 4.97 pct in March DATELINE: April 5, 2023 LENGTH: 00:01:50 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Indonesia (BPS) building 2. various of Pudji Ismartini, BPS deputy for distribution and services statistics, speaking at the press conference 3. various of ports in Indonesia 4. various of banks in Indonesia 5. various of markets in Indonesia STORYLINE: Indonesia posted its inflation at 4.97 percent year-on-year in March, the lowest in the last seven months, according to Statistics Indonesia (BPS) on Monday. The March inflation figure was compared to 5.47 percent in February and 5.28 percent in January, but it was still above the central bank's target range of 2 percent to 4 percent. "Inflation at this beginning of Ramadan was relatively lower than the previous year, but we must be aware of rising commodity prices and high demand ahead of the Eid al-Fitr holiday," said BPS deputy for distribution and services statistics, Pudji Ismartini, a

ECB raises interest rates by another 50 bps

STORY: ECB raises interest rates by another 50 bps DATELINE: March 17, 2023 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank (ECB) 2. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 3. various of city scenes STORYLINE: The European Central Bank (ECB) on Thursday raised interest rates by another 50 basis points (bps), citing spiraling inflation in the eurozone. After the rate hike, the interest rates on the main refinancing operations, on the marginal lending facility and on the deposit facility will be increased to 3.5 percent, 3.75 percent and 3 percent respectively. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "Inflation is projected to remain too high for too long. Therefore, the Governing Council today decided to increase the three key ECB interest rates by 50 basis points." The decision reflected the bank's determination to bring the inflation down to its 2 percent target. The 50 bps rate hike on Thursday was pre-commi

Indonesia's inflation rate falls to 0.16 pct month-on-month in February

STORY: Indonesia's inflation rate falls to 0.16 pct month-on-month in February DATELINE: March 2, 2023 LENGTH: 0:01:07 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of BPS Deputy for Distribution and Service Statistics Pudji Ismartini 1. various of statistics by Statistics Indonesia 2. various of street views of Jakarta 3. various of vendors STORYLINE: Indonesia's inflation rate fell to 0.16 percent month-on-month (mom) in February, compared to 0.34 percent the country recorded in the previous month, mainly contributed by the cost of transportation, the prices of food and beverages, and the higher tax on cigarettes, the Statistics Indonesia (BPS) announced on Wednesday. On a yearly basis, the inflation rose to 5.47 percent year-on-year last month, compared to 5.28 percent year-on-year in January. "The inflation in the transportation sector was affected by the increase in air transport fares, while the biggest contributors to month-on-month inflation were rice, cigarettes, shallots, and r

Türkiye's central bank cuts policy rate by 50 bps

STORY: Türkiye's central bank cuts policy rate by 50 bps DATELINE: Feb. 24, 2023 LENGTH: 00:01:47 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Türkiye's central bank 2. various of people in the market 3. aerial views of earthquakes in Turkey STORYLINE: Türkiye's central bank delivered an interest rate cut Thursday from 9 percent to 8.5 percent amid high inflation and in the aftermath of a devastating earthquake. "It has become even more important to keep financial conditions supportive to preserve the growth momentum in industrial production and the positive trend in employment after the earthquake," the bank said in a statement. The current monetary policy stance after the measured reduction is adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability, said the statement. While the earthquake is expected to affect economic activity in the near term, it is anticipated that it will not have a permanent impact on the

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

INDONESIA-JAKARTA-INFLATION

INDONESIA-JAKARTA-INFLATION

(230201) -- JAKARTA, Feb. 1, 2023 (Xinhua) -- A man who needs a ride talks with a motor-taxi driver on the sidewalk of the Thamrin Street in Jakarta, Indonesia, Feb. 1, 2023. Indonesia recorded an inflation of 5.28 percent year-on-year in January, the lowest since August 2022, but it still exceeded the central bank's target, according to Statistics Indonesia BPS on Wednesday. (Xinhua/Veri Sanovri)

Indonesia ready to welcome Chinese tourists with "red carpet": tourism minister

STORY: Indonesia ready to welcome Chinese tourists with "red carpet": tourism minister DATELINE: Jan. 10, 2023 LENGTH: 0:01:09 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: STORYLINE: Indonesian Minister for Tourism and Creative Economy Sandiaga Uno said on Monday that the Southeast Asian country is ready to welcome Chinese tourists following China's optimized COVID-19 strategy. SOUNDBITE (Indonesian): SANDIAGA UNO, Indonesian Minister for Tourism and Creative Economy "We are ready to welcome tourists from China with a red carpet, of course, within the framework of the health protocols that we have implemented and we are able to control the pandemic. So we say that: welcome, Chinese tourists." Uno said before the pandemic, China had always topped the list of the number of tourists coming to the country's tourist destinations. Statistics Indonesia (BPS) recorded 2.07 million Chinese tourist arrivals in 2019. However, since the outbreak of the pandemic, the number has drastically dropped, with only more

Indonesia records highest inflation since 2014

STORY: Indonesia records highest inflation since 2014 DATELINE: Oct. 3, 2022 LENGTH: 00:02:36 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of press conference of Statistics Indonesia 2. various of gas station 3. SOUNDBITE (Bahasa Indonesia): MARGO YUWONO, Head of the Statistics Indonesia (BPS) STORYLINE: Indonesia's inflation in September reached 1.17 percent, the highest since December 2014, as a result of fuel price hikes in the country, Statistics Indonesia (BPS) said on Monday. The annual inflation rate rose to 5.95 percent year on year. "The surge in inflation was mainly caused by the increase in fuel prices, which then created higher tariffs for public transportation, the rates of online taxis, and the rice prices," BPS head Margo Yuwono told a press conference. Since September, Indonesia has increased its domestic fuel prices by 30 percent following fiscal pressures. The price of Pertalite gasoline, the country's most consumed type, has been raised to 10,000 rupiahs (0.65 dollar) a l

S. Korea raises policy rate by 25 bps to curb inflation

STORY: S. Korea raises policy rate by 25 bps to curb inflation DATELINE: Aug. 25, 2022 LENGTH: 0:01:33 LOCATION: Seoul CATEGORY: ECONOMY SHOTLIST: 1. Bank of Korea (files) 2. Bank of Korea (BOK) Governor Rhee Chang-yong (Yonhap TV) 3. a rate-setting meeting (Yonhap TV) 4. file footage of citizens shopping in mart (Yonhap TV) 5. file footage of U.S. dollar (Yonhap TV) STORYLINE: South Korea's central bank on Thursday raised its policy rate to curb inflation, delivering four back-to-back rate hikes for the first time. Bank of Korea (BOK) Governor Rhee Chang-yong and other monetary policymakers unanimously decided to lift the benchmark seven-day repurchase rate by 25 basis points to 2.50 percent. It marked the fourth consecutive rate increase for the first time, after hiking the rate by 50 basis points in July. The BOK set off its tightening monetary policy since August last year. The Thursday hike was in line with market expectations. According to a Korea Financial Investment Association poll of

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

(220807) -- JAKARTA, Aug. 7, 2022 (Xinhua) -- Cellphone photo taken on Aug. 7, 2022 shows vendors preparing food for customers at a food stall of a shopping mall in Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

(220807) -- JAKARTA, Aug. 7, 2022 (Xinhua) -- Photo taken on Aug. 7, 2022 shows the street view of Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

(220807) -- JAKARTA, Aug. 7, 2022 (Xinhua) -- People buy food at a roadside stall in Jakarta, capital of Indonesia, Aug. 7, 2022. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

INDONESIA-JAKARTA-ECONOMY-GDP GROWTH-Q2

(220807) -- JAKARTA, Aug. 7, 2022 (Xinhua) -- Photo taken on Aug. 7, 2022 shows the street view of Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

(220801) -- JAKARTA, Aug. 1, 2022 (Xinhua) -- Photo taken on Aug. 1, 2022 shows the street view during the evening rush hour in Jakarta, Indonesia. Indonesia's inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank's target range, the Statistics Indonesia (BPS) said on Monday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

(220801) -- JAKARTA, Aug. 1, 2022 (Xinhua) -- Photo taken on Aug. 1, 2022 shows the street view during the evening rush hour in Jakarta, Indonesia. Indonesia's inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank's target range, the Statistics Indonesia (BPS) said on Monday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

(220801) -- JAKARTA, Aug. 1, 2022 (Xinhua) -- Photo taken on Aug. 1, 2022 shows the street view during the evening rush hour in Jakarta, Indonesia. Indonesia's inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank's target range, the Statistics Indonesia (BPS) said on Monday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

(220801) -- JAKARTA, Aug. 1, 2022 (Xinhua) -- People wait for buses beside a street in Jakarta, Indonesia on Aug. 1, 2022. Indonesia's inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank's target range, the Statistics Indonesia (BPS) said on Monday. (Xinhua/Xu Qin)

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

INDONESIA-JAKARTA-ECONOMY-HIGH INFLATION

(220801) -- JAKARTA, Aug. 1, 2022 (Xinhua) -- A small vendor picks food for a customer beside a street of Jakarta, Indonesia on Aug. 1, 2022. Indonesia's inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank's target range, the Statistics Indonesia (BPS) said on Monday. (Xinhua/Xu Qin)