SERA
SERA
SERA
SERA
SERA
SERA

Optimism about Indonesia’s Economic Growth in 2024

Indonesia’s Economy Grew by 5% in the First Semester

The national economy is believed to remain resilient despite global economic uncertainty. On the other hand, geopolitical conditions have recently become unstable due to tensions and armed conflicts in several countries.


The resilience of Indonesia’s economy can be seen in its growth of 5.08 percent in the first quarter (January–March) and 5.05 percent in the second quarter (April–June) of 2024 year-on-year.


In the Working Meeting with the Budget Committee (Banggar) of DPR RI on the Realization of Semester I and the Prognosis for Semester II of APBN 2024 on July 8, 2024, the Minister of Finance (Menkeu), Sri Mulyani, said that the strong consumption sector had supported economic growth in the first half of 2024.


Other contributing factors were controlled inflation, rise in state civil apparatus (ASN) and pensioners' salaries, holiday allowance (THR) and 13th-month salary, and elections.


See also: Facts 79th Indonesian Independence Day in IKN and Jakarta


“They provided leverage. In terms of the outlook for the second semester (July–December 2024), we predict that the resilience will remain stable with relatively controlled domestic demand and low inflation,” she said.


Economic growth is believed to have resulted from fairly high consumption levels of society and government, ongoing infrastructure and construction projects, and commodity exports that came alive.


Indonesia’s Economic Growth Projection until the End of 2024

According to the Ministry of Finance (Kemenkeu), the economy is projected to grow by 5.0 percent to 5.2 percent until the end of 2024.


However, Kemenkeu warned about global prospects so that careful and accurate measures could be taken.


Nonetheless, several economic observers reminded the government about the importance of maintaining people’s purchasing power. It’s prone to pressure from the rising prices of goods, particularly staple foods, and inflation.


See also: Shipping Types in Logistics


It’s clear why the observers repeatedly reminded us about the importance of efficiency in the production and distribution of goods to prevent rising costs.


Efficiency in distributing goods to the production centers and from there to the consumers should be maintained as well.


It’s important to maintain distribution effectiveness and efficiency so that costs and people’s consumption levels can be controlled. For this reason, SELOG provides quality logistics services.


As a business line of PT Serasi Autoraya, or SERA, SELOG has extensive experience in the logistics and shipping industry. SELOG is here to serve the needs of customers in end-to-end logistics through a series of diverse services.


See also: Is Halal Certification Relevant in the Logistics Industry?


What Services Do We Provide?


Shipping Services

We provide domestic shipping and distribution services using exceptional sea transportation modes, focusing on automotive cargo shipping, small heavy equipment industry, and other general cargo.


Shipping Agency

We also offer shipping services in collaboration with S5 Agency World, the biggest shipping agency in Asia.


Freight Forwarding

For heavy equipment and other cargo, we provide domestic shipping services with various transportation modes with the guarantee of being safe, on time, and with zero defects.


Warehouse and Yard Management

For your supply chain needs, we also offer goods management and storage services. We have a Warehouse Management System (WMS), which allows continuous tracking of receipt, pickup, delivery and handling of goods, damaged goods, and completed orders.


See also: Some Common Issues in the Logistics Industry


WMS also allows customers to monitor inventory in real-time. In addition, SELOG provides additional services of inbound and outbound transportation to ensure that the goods arrive safely without any damage.


SELOG services are also supported by cutting-edge digital technology, which makes customers’ businesses easier, more effective, and more efficient.


With its Astra Fleet Management Solution (FMS), SELOG provides businesses in Indonesia with IT-based comprehensive solutions for managing fleet vehicles.


For more information about SERA and its services, including SELOG, go to https://www.sera.astra.co.id/.


300
Tags
SELOG