#purchasing power

Collection of purchasing power news, found 971 news.

New VAT policy protects industries, maintains purchasing power: Kadin

The government's decision to impose a 12 percent value-added tax (VAT) only on luxury goods and services could help ...

RI plans USD2.3 bln stimulus coinciding with VAT increase

The Indonesian Government has committed to providing an economic stimulus package worth Rp38.6 trillion (around USD2.3 ...

President Prabowo announces Jan rollout of 12 percent VAT

President Prabowo Subianto on Tuesday announced that the increase in the value added tax (VAT) from 11 percent to 12 ...

Year-end buy local campaign generates US$1.58 billion in transactions

Coordinating Minister for Economic Affairs Airlangga Hartarto announced that total transactions from the nationwide ...

Expect no lay-offs in media industry: Manpower Ministry

Deputy Minister of Manpower, Immanuel Ebenezer, appealed to the media industry to pay attention to journalists' ...

Minister makes assurance of workers' protection along VAT rate hike

Manpower Minister Yassierli ensured that the government's policy of increasing the value-added tax (VAT) rate to 12 ...

Bapanas presses for accelerating food self-sufficiency

Head of the National Food Agency (Bapanas), Arief Prasetyo Adi, encouraged the acceleration of food self-sufficiency as ...

Govt seeks to provide inclusive stimuli as VAT rate increases: CORE

The government is seeking to provide inclusive stimuli to mitigate the impact of the increase in the value-added tax ...

Indonesian govt offers discounts to ease 12% VAT impact on citizens

The Indonesian government has decided to provide incentives for middle-class citizens to assist them in managing the ...

Indonesia to provide 50 percent electricity discount amid VAT hike

Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to ...

Government to bear 1 pct VAT increase for 3 commodities: Minister

The Indonesian government will bear a one percent increase in value-added tax (VAT) for three commodities after ...

Govt to provide details on 12% VAT on Monday: minister

The government will share additional details about its plan to increase value-added tax (VAT) to 12 percent as well as ...

Govt optimizes online shopping day to boost people's purchasing power

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the government is optimizing National Online ...

Gov't to announce 2025 policies on tax, business incentives next week

The Indonesian government plans to announce several fiscal policies next week, including those related to taxes and ...

Indonesia to issue regulation on 2025 national minimum wage tomorrow

Minister of Manpower Yassierlie revealed that his institution plans to issue a manpower minister's regulation ...