#purchasing power

Collection of purchasing power news, found 952 news.

Minister hopes no more lousy rice for Social Rice Assistance recipients

Social Affairs Minister Khofifah Indar Parawansa expressed hope that there should be no more lousy rice for Social ...

Household consumption key to achieving economic growth in 2018

The head of Indonesias National Development Planning Agency (Bappenas), Bambang Brodjonegoro, has said household ...

Chinese tourists visiting Bali up 41.28 percent in number

The number of visits by Chinese tourists to Bali rose 41.28 percent to 907,028 in the first 11 months of 2016 from ...

IHSG predicted to cross the 6,000 point mark in 2017

PT Bahana Securities predicted that the Jakarta composite index (IHSG) will hit a new record high crossing the 6,000 ...

No hike in subsidized fuel prices: Indonesian govt

The Indonesian government will not hike the prices of subsidized fuels, including those of premium gasoline, diesel ...

Govt asked to evaluate its power rate increase policy

The Prosperous Justice Party Faction (FPKS) of the House of Representatives (DPR) has asked the government to evaluate ...

Indonesia to build infrastructure projects worth Rp4,000 trillion in 2019

The Indonesian government said the country is expected to build infrastructure projects with a total investment of ...

Retail sales predicted to rise 10 percent in 2017

Retail sales in Indonesia are predicted to grow 10 percent to Rp219 trillion year-on-year in 2017 not including sales ...

Economic growth could be higher than expected: Darmin

Coordinating Minister for Economy Darmin Nasution said the countrys economic growth could be higher than the target of ...

Economic growth must reduce inequality: Finance minister

Economic growth should help in reducing inequality and poverty, and creating a wider middle-class, Finance Minister ...

Minimum wage should favor both people and country: ILO chief

The fixing of a minimum wage needs to ensure that people can meet their basic needs, while taking a countrys ...

Many countries jealous of Indonesia`s economic performance: Military Chief

Indonesian Military Chief Gen. Gatot Nurmantyo said many other countries are jealous of Indonesia for its success in ...

Excise increase not in line with public aspiration: YLKI

The governments plan to increase excise on cigarettes by about 10.54 percent next year is not in line with the ...

House backs Indonesian govt in battle on tax amnesty

The Indonesian government is currently facing a legal battle at the Constitutional Court (MK) over its tax amnesty ...

Law on tax amnesty benefits people: Minister

Finance Minister Sri Mulyani said Law No. 11/2016 on Tax Amnesty benefited the general public while at the same time ...