Economist

- A + A BENGALURU (May 20): Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive moves by the US Federal Reserve, according to a Reuters poll of economists that showed a growing minority expect a hike next month. Although inflation surged to 3.47% in April, the highest in more than four years, it is still within Bank Indonesia's 2%-4% target range, suggesting the central bank is not under immediate pressure to raise interest rates. All but two of 27 economists in the May 12-19 poll expected Bank Indonesia (BI) to hold its benchmark seven-day reverse repurchase rate at a record low 3.50% at its May 24 meeting. Two expected a 25 basis point hike. Nearly one-third of respondents, 8 of 27, said the first rate rise would be in June, and the remaining 17 said it would come at one of the monthly meetings in July-September. "Next month, we expect policymakers to lay the ground for a hawkish pivot, factoring … [Read more...] about Bank Indonesia to pull rates lever in Q3, June move possible

Share to Twitter Share to Linkedin Differentiation is one of the most powerful marketing concepts you need in your arsenal in order to successfully take a startup project from idea to exit. Competing with big, established brands directly is not a smart strategic move. Obviously, large corporations have more resources at their disposal than early-stage startups. Moreover, they benefit from economies of scale - thanks to mass production and division of labor they are (usually) highly cost-effective in their production process, which means as a startup you would have a hard time competing on the basis of price alone. This is where differentiation comes in - you can win market share not by directly out-competing the established brands, but by innovation that allows you to disrupt the market. This is why innovation is one of the key variables determining the value of a startup project. Your value offering needs to be sufficiently different than the … [Read more...] about Beat Your Competitors By Turning Their Offering Into A Relativity Trap

Sebastian Partogi (The Jakarta Post) Jakarta   ● Thu, December 3, 2020 2020-12-03 17:41 533 d66dcbf21949a93b498053ceec3c4812 1 Science & Tech Tokopedia,Indonesian-economy,foreign-direct-investment,e-commerce Free You might have heard the bad news already: Indonesia’s economy has just entered its first recession since the 1998 Asian financial crisis, bringing two decades of economic expansion to an end as the coronavirus pandemic has caused a sharp economic slowdown, throwing millions into poverty and out of jobs. Economically speaking, a recession is defined as contractions in two consecutive quarters, causing a significant decline in economic activity to spread across the economy, resulting in fewer jobs, people earning and spending less, as well as businesses grinding their expansions to a halt or even ceasing their operations altogether. As a result of the pandemic, the Indonesian economy shrank 3.49 percent in the third quarter after contracting … [Read more...] about Global firms remain upbeat about Indonesia’s digital economy