#purchasing power

Collection of purchasing power news, found 952 news.

March retail sales up 6.1%: BI survey

Bank Indonesia’s Retail Sales Survey (SPE) has indicated an increase in monthly retail sales in March this year ...

Police bans city-wide convoys to mark takbiran parade

Mataram City's residents in West Nusa Tenggara are banned from holding or partaking in city-wide convoys to ...

"Mudik" ban elicits common acts of sacrifice for safety: VP

Vice President Ma'ruf Amin reaffirmed his call for common acts of sacrifice for the safety of all by respecting the ...

BNPB head cautions Indonesians to not breach government's "mudik" ban

Head of Indonesia's National Disaster Mitigation Agency (BNPB) Doni Monardo has issued a warning to the people at ...

Daily wage of farm workers up 0.17% in March

The nominal wage of farm workers in March this year increased by 0.17 percent to Rp56,470 per day from Rp56,373 the ...

President seeks greater MSME involvement in automotive industry

President Joko Widodo (Jokowi) has pressed for greater involvement of micro-, small-, and medium-scale enterprises ...

Labor-Intensive Program absorbed 110,544 workers until early March

The Public Works and Housing (PUPR) Ministry confirmed that 110,544 workers got employed through the Cash ...

Govt relying on vaccine drive, economic stimulus to script recovery

- has also relaxed the loan to value (LTV) ratio for motor vehicles and housing loans for the period from March to ...

Relaxation of vehicle, housing tax to stimulate economy: Apindo

Relaxation of taxes in the vehicle and housing sectors could help drive the economy amid the COVID-19 pandemic, ...

President stresses on simultaneous handling of health, economic issues

Indonesian President Joko Widodo laid emphasis on the concomitant handling of health and economic ...

Business sector should create more sustainable jobs: Jokowi

President Joko Widodo (Jokowi) has urged business operators to expand job opportunities to expedite recovery of the ...

Government trying to stoke public consumption: minister

The Indonesian government is trying to restore confidence among consumers to help them return to stores so that the ...

Local governments should run more labor-intensive programs: Jokowi

President Joko Widodo (Jokowi) has urged the regional governments to have in place more labor-intensive programs to ...

Economic recovery trend to continue in 2021: finance ministry

The Finance Ministry has forecast that the positive trend in economic recovery seen in the fourth quarter of 2020 will ...

Indonesia's economy shows signs of recovery: Arif Budimanta

Indonesia's economy that shrank 2.19 percent year-on-year (yoy) in the fourth quarter of 2020 has indicated slowing ...