#household consumption

Collection of household consumption news, found 379 news.

Government lowers growth forecast for 2020

The Indonesian government has revised the economic growth forecast downward for 2020 to minus 1.1-0.2 percent from ...

Indonesian economy in better shape than other countries: minister

Despite contracting 5.32 percent year-on-year (yoy) in the second quarter of 2020, the Indonesian economy is still in a ...

Plantation Company prioritizing palm oil, sugar for food independence

National Plantation Holding, housing the National Plantation Corporation (PTPN) as its subsidiary, will channel its ...

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Endeavoring for a balance between COVID-19 handling, economy recovery

President Joko Widodo (Jokowi) opined that handling of the coronavirus disease (COVID-19) pandemic must be conducted ...

Acehnese fishermen rescue cat shark washed ashore on beach

Several Indonesian fishermen rescued a cat shark that washed ashore on Pasi Gentheng Beach, Blang Padang Village, ...

Government's strategy for economic recovery to drive domestic demand

Chairman of the Financial Services Authority's (OJK's) Board of Commissioners Wimboh Santoso believes the ...

Number of poor in Indonesia swells to 26.42 million amid pandemic

The COVID-19 pandemic led to an increase in the number of poor in Indonesia, with the figure reaching 26.42 million in ...

Director general of tax lists economic impacts of COVID-19

Director General of Tax, Ministry of Finance, Suryo Utomo, on Tuesday listed three major outcomes of the coronavirus ...

Social safety net program should list 3.8 million farmers, fishermen

Some 3.8 million farmers and fishermen should be listed in the social safety net program, according to President Joko ...

President's incentives for fishermen, farmers for food availability

President Joko Widodo has prepared four special incentives for farmers and fishermen to maintain the availability of ...

Freight volumes fall sharply in logistics sector due to COVID-19

Cargo volumes in the logistics sector, including transportation and warehousing, in the first quarter of 2020 grew by ...

President cautions of food crop sub-sector contracting in Q1 2020

President Joko Widodo expressed concern over the contraction in several sub-sectors, including food crops, thereby ...

Economist envisages 2020 tax revenue to touch Rp1,223.2 trillion

Research Coordinator at Danny Darussalam Tax Center (DDTC) Denny Vissaro has projected this year’s tax revenue to ...

Consumer optimism in March remained positive: BI

Bank Indonesia (BI) Consumer Survey in March 2020 showed consumer optimism remained positive, mirrored in the Consumer ...

Indrawati forecasts COVID-19 pandemic to dampen economic growth

Finance Minister Sri Mulyani Indrawati has projected a slowdown in Indonesia's economic growth to 2.3 percent, and ...