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View all search resultsPresident Prabowo Subianto has announced that his administration will soon disburse the holiday allowance (THR) for state employees ahead of the Idul Fitri holiday this month despite the ongoing efforts to enforce sweeping austerity measures to fund his costly initiatives.
HIMKI chairman Abdul Sobur said the country’s furniture industry had been relying on international exhibitions hosted by the government to open the export market, but such events have been discontinued as organizing overseas exhibitions is expensive.
The Social Affairs Minister has dimissed a report that the government's austerity policy had slashed the budget of Komnas Disabilitas over 90 percent, saying the actual cut was a little less than 60 percent and that this would not affect direct assistance for people with disabilities.
Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals, leading analysts to debate the actual risks of a potential bank run or the ensuing economic crisis.
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