#middle class

Collection of middle class news, found 423 news.

Low inflation yet to boost household consumption

Despite a downward trend of inflation rate, household consumption of several goods and services in Indonesia slowed ...

Finance minister to study middle and upper class consumption pattern

Finance Minister Sri Mulyani Indrawati will study the consumption pattern of middle and upper class societies who give ...

Trillions of funds to flow into villagers` pockets

The government has since 2015 allocated a total of Rp127.64 trillion in village funds to develop infrastructure and ...

Indonesia invites Singapore to invest in digital economy sector

President Joko Widodo (Jokowi) has invited Singapore investors to invest in Indonesias two growing sectors, namely ...

Indonesia, Vietnam to boost trade and investment

Indonesia and Vietnam have agreed to boost bilateral trade and investment to improve the balance of trade. ...

Public consumption attitude changing: Statistics agency

The head of Indonesias Central Bureau of Statistics, Suhariyanto, stated that public consumption behavior has changed ...

Bappenas expects Gini Ratio to be lowered to 0.37

Head of National Development Planning Agency (Bappenas) Bambang Brodjonegoro expected that the Gini Ratio, which is ...

VP urges parties to intensify poverty reduction efforts

Vice President Jusuf Kalla has called on all parties to intensify poverty alleviation efforts that have not been made ...

Middle class withheld spending in second quarter: BPS

Indonesias household consumption growth in the second quarter of 2017 was hampered by the tendency of the middle class ...

The Ministry of Energy and The Oil & Gas Year to boost foreign investment in Indonesia

Indonesia is facing a crucial momentum. The country is involved in a series of reforms oriented to fulfill the demands ...

CT Corp and Prudential Financial, Inc., create life insurance joint venture in Indonesia

- CT Corp and U.S.-headquartered Prudential Financial, Inc. (PFI) (NYSE: PRU), have created a ...

WB approves financial support for social assistance program

The World Banks Board of Executive Directors approved a US$200-million (Rp2.6 trillion) financing to support the ...

Minister Jonan inaugurates gas network in Surabaya

Energy and Mineral Resources Minister Ignasius Jonan inaugurated a gas network which connects 24 thousand household ...

Powerphase and PLN sign Memorandum of Understanding for Turbophase® application in Indonesia

-Powerphase and PT Perusahaan Listrik Negara (PLN), the state power company of Indonesia, have signed a Memorandum of ...

Indonesia to export automotive spare parts to Pakistan

Indonesian Ambassador to Pakistan Iwan Suyudhie Amri held a meeting with Pakistani importers association in an effort ...