Power Purchase Loan Supply Chart Next Year

By : Wiyanto Dan Aldo Bella Putra | Wednesday, November 08 2017 - 22:00 IWST

Standard Chartered Bank Indonesia (Foto Ist)
Standard Chartered Bank Indonesia (Foto Ist)

INDUSTRY.co.id - Jakarta - Standard Chartered Bank Indonesia expects next year's consumer credit will rise and it indicates purchasing power began to get excited.

"It could be that the economy could be good, the 3rd quarter of the economy should be better than the previous one that has not recovered properly, consumer credit has risen, but privately yet, some policies boosted purchasing power, social spending rose," said Aldian Taloputra, Chief Economist at Standard Chartered Bank Indonesia. Jakarta, Wednesday (8/11/2017).

Related consumption, he continued next year will rise, it looks the social spending from the government to the community.

"If the energy baseball rises, the expectation is stable, social spending will go up in purchasing power in stable areas," he explained.

On purchasing power will rise, he predicted that Indonesia's economic growth will rise to 5.2% in 2018 from 5.1% estimated in 2017.

"It is driven by increased social spending, consumption rises, so economic growth next year could be 5.2%," he said.

News Comment

Today's Industry

Harman Professional Experience Center, located at Desound Melawai, South Jakarta. (Photo: the Company's PR)

Rabu, 09 Juli 2025 - 08:55 WIB

Indonesia's First Harman Professional Experience Center Opens in Jakarta

PT Inti Megah Swara (IMS Indonesia) announces the grand opening of the country's first Harman Professional Experience Center, located at Desound Melawai, South Jakarta.

One of Apartments offered by Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Senin, 09 Juni 2025 - 14:22 WIB

Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:09 WIB

Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration

As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:06 WIB

Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability

resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

SD Darmono CEO Jababeka Group with Boediman Widjaja CEO JOE Green Group

Selasa, 20 Mei 2025 - 12:44 WIB

Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)

In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…