#purchasing power

Collection of purchasing power news, found 952 news.

Pertamina's largest share of 2021 profit from upstream sector

The upstream sector accounted for the largest share of state-owned oil and gas firm  PT Pertamina’s ...

Tracing Pertamina's cost efficiency amid high global oil prices

State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 ...

Delving into Presidential instruction on extreme poverty eradication

On June 8, 2022, Indonesian President Joko Widodo issued Presidential Instruction No. 4 of 2022 on Extreme Poverty ...

Need supporting policies to reduce social impact of carbon tax: BRIN

The implementation of carbon tax needs to be supported by other policies to reduce its social impact, especially on ...

West Papua needs security guarantee to draw investors: minister

Investment Minister Bahlil Lahadalia has urged regional governments in West Papua Province to implement a healthy ...

G20 Indonesia

Indonesia needs to expand int'l cooperation to tackle inflation: Indef

Senior economist at the Institute for Development of Economics and Finance (Indef) Didik Rachbini has urged the ...

BPS to collect data on population living in extreme poverty

Statistics Indonesia (BPS) will collect data on people living in extreme poverty, in accordance with Presidential ...

Hiking electricity rates triggers 0.019-percent inflation: official

The Indonesian government has announced an increase in electricity tariffs for non-subsidized household customers, with ...

PUPR Ministry allocated Rp13.76 trillion for labor-intensive program

The Public Works and Public Housing (PUPR) Ministry has allocated a budget of Rp13.76 trillion (US$945.7 million) for ...

World Bank deems Indonesia's economy among strongest amid global risk

The World Bank, through its report entitled Global Economic Prospect June 2022, deemed Republic of Indonesia's ...

Price stabilization policy to keep inflation in check: ministry

Several government policies, including those pertaining to price stabilization and subsidized assistance, will help ...

Food prices rise due to global economic conditions: Observer

Economic observer Poltak Hotradero assessed that the increase in food prices was affected by global economic conditions ...

Spending for economic growth unhindered by healthy budget deficit

A healthier budget deficit in the next year would not hinder the role of state spending to boost economic growth, ...

Quite realistic assumption of 2023 inflation of 2-4 percent: Minister

Next year's inflation rate estimated to be around two to four percent within the 2023 Macro Economic Framework ...

Dire need to look for alternative energy sources during transition

The Formula E or Jakarta E-Prix motorsport championship for electric cars is forecast to be the start of a shift from ...