#purchasing power

Collection of purchasing power news, found 964 news.

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 ...

Minimum wage hike based on inflation, growth figures: Indonesian govt

Inflation and economic growth served as the basis for the Indonesian government's decision to increase the ...

Airlangga reassures global investors of Indonesia's strong economy

Coordinating Minister for Economic Affairs Airlangga Hartarto assured global investors that Indonesia's economic ...

Govt to form task force on termination of employment

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the government will soon form the Task Force ...

Prabowo announces 6.5% hike in 2025 national minimum wage

President Prabowo Subianto said that the average national minimum wage will be increased by 6.5 percent in 2025, based ...

Why online gambling is a socioeconomic emergency

Like a virus, online gambling has become widespread in Indonesian society and infected all aspects of life. Besides ...

BRICS membership: Indonesia’s path to global economic influence

The BRICS alliance, comprising Brazil, Russia, India, China, South Africa, and four other member countries, has emerged ...

Government consolidating data for distribution of energy subsidies

Minister of Social Affairs Saifullah Yusuf highlighted that his ministry along with other relevant ministries are ...