#purchasing power

Collection of purchasing power news, found 971 news.

Vice President explains gov't's efforts to handle scarring effect

Indonesian Vice President Ma'ruf Amin has said the government has carried out various efforts  to handle the ...

Researcher highlights need to diversify national food system

Head of the Research Center for Indonesian Policy Studies (CIPS) Felippa Ann Amanta accentuated the importance of ...

West Nusa Tenggara must address stunting promptly: ministry

The Home Affairs Ministry has urged the West Nusa Tenggara government to push for the handling of stunting, citing 2021 ...

Government officially increases VAT rate to 11 percent

Finance Ministry officially raised the value-added tax (VAT) rate, from 10 to 11 percent, starting April 1, as per ...

National Recovery Program budget realization capped at Rp22.6 trillion

The realization of the National Economic Recovery program budget has reached only Rp22.6 trillion as of March 25, 2022, ...

G20: SOEs' key role in supporting agenda of food resilience

The role of State-Owned Enterprises (SOEs) as one of the national economic driving forces is crucial. SOEs are ...

Low vehicle ownership presents opportunity for auto sector: minister

The ratio of four-wheeled vehicle ownership in Indonesia is rather low, but it presents a huge potential for automotive ...

Indonesia needs above five-percent growth to become developed nation

Indonesia will need to clock an economic growth above the pre-pandemic level of five percent annually on average to ...

Indonesia's trade with Russia, Ukraine not too large: BPS

Head of Statistics Indonesia (BPS) Margo Yuwono has said that Indonesia's trade with Russia and Ukraine, which ...

Cash aid for fishers targeting extreme poverty reduction: Minister

Coordinating Minister for Economic Affairs Airlangga Hartarto affirmed that the Cash Assistance for Street ...

Gov't, BI strengthen synergy for mitigating inflation

The Indonesian Government and Bank Indonesia have strengthened coordination and synergy to mitigate the challenges and ...

Pertamina to keep Pertalite price unchanged for economic stability

State oil and gas company PT Pertamina has assured that it will not raise the price of Pertalite gasoline despite an ...

Indonesia's budget deficit may widen due to Russia-Ukraine war: Indef

The state budget deficit will potentially widen in 2022 due to the Russia-Ukraine conflict, Institute for Development ...

Government strives to ensure continued supply of cooking oil: Minister

Coordinating Minister for Economic Affairs Airlangga Hartanto emphasized that the government had persistently ...

Pre-employment cards shown to improve recipients' know-how: Hartarto

  The pre-employment card program has been shown to improve the know-how of 11.4 million recipients since its ...