#purchasing power

Collection of purchasing power news, found 1.005 news.

Pertamax fuel price hike due to its non-subsidy nature: Pertamina

The Pertamax fuel (RON 92) price hike is inevitable because it is not subsidized, and the fluctuation of its ...

Governmental aid targets employees with wages below Rp3.5 million

Manpower Minister Ida Fauziyah affirmed that to provide protection to the workforce and expedite economic recovery, the ...

President urges cabinet to maintain food, energy resilience: minister

President Joko Widodo has instructed ministers in the Onward Indonesia Cabinet to maintain food and energy resilience ...

Government increases social aid to address food, energy price hike

The government has raised social protection assistance as part of the efforts to address the hike in food and energy ...

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 ...