#purchasing power

Collection of purchasing power news, found 965 news.

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 ...

Exports to continue to grow: Ministry of Finance

Head of the Fiscal Policy Agency of the Ministry of Finance, Febrio Kacaribu, had projected export performance to ...

Labor-intensive projects expected to create 350,104 jobs this year

The Public Works and Public Housing Ministry has projected the labor-intensive program in the water resources sector ...

G20 Indonesia

Labuan Bajo to benefit from G20 side events: official

The G20 activities centered in Bali are expected to have a large economic impact on the surrounding areas and Indonesia ...

Economic growth to reach 4.6 percent in 2022: UI rector

Rector of the University of Indonesia (UI) and economist Ari Kuncoro projects Indonesia's economic growth to lie in ...

Inflation rose on back of strong consumption: Finance Ministry

Inflation in Indonesia rose in January 2022 owing to strong public consumption, a Finance Ministry's official ...

Labor Intensive Program in 2021 absorbed 1.8 million workers: Minister

Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono revealed that the Labor Intensive Program had ...