#purchasing power

Collection of purchasing power news, found 971 news.

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 ...

Govt cuts supply chain to curb inflation

The Trade Ministry and the Agriculture Ministry are cooperating with farmers and markets to cut the lengthy supply ...

5.3 percent growth target achievable: Minister

Coordinating Minister for Economic Affairs Darmin Nasution said he is optimistic that the economic growth target of ...

President urges every region to set up inflation control team

President Joko Widodo has called on every district and city to set up a team to monitor and help control inflation in ...

Central bank against credits for motor vehicles without down payment

Bank Indonesia said it does not agree with plan of the Financial Service Authority (OJK) to scrap regulation requiring ...

Inflation well under control in July: BI

Inflation in July 2016 is well under control in line with the target of four, give or take one percent by the end of ...

Astra doubts car sales would increase

The country's largest car manufacturer, PT Astra Internasional, expresses doubt that sales of automotive products ...

Minimum wage standard to improve ASEAN workers` welfare: VP

The implementation of a minimum wage standard for workers in the ASEAN region will improve the welfare of the ...

Indonesian VP proposes ASEAN minimum wage

Indonesian Vice President Jusuf Kalla has proposed the implementation of an ASEAN minimum wage for workers in the ...

UnionPay card brings new vitality to Canada tourism

-It is learnt on May 23 that Canada has just received a large tour group of over 4,000 Chinese business tourists. It is ...

Beef prices must be brought down to Rp80,000 per kg before Lebaran: President

President Joko Widodo has urged his ministers to bring down the price of beef, which usually rockets sky high during ...

Indonesia economy predicted to grow 5.3-5.9 percent in 2017

Finance Minister Bambang Brodjonegoro predicted the countrys economy would grow 5.3--5.7 percent in 2017 to follow the ...