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Data from the Mandiri Spending Index show that middle- and upper-class consumers drove spending grow...
What we have now is a grim new reality, whether one attributes that to domestic politics, the global...
The government plans to announce economic stimulus measures on June 5 to revive activity and boost c...
Earlier this year, Industry Minister Agus Gumiwang Kartasasmita floated a proposal urging car manufa...
In the longer term, a significant factor contributing to the weakening of aggregate consumption is t...
The middle class is not expanding fast enough to meet ambitious development goals, experts and busin...
Car sales have been plummeting in Indonesia lately, but maybe that is not all bad news.
The local subsidiary of the consumer goods giant has attributed its profit slump to an 18 percent de...
Retailers in Indonesia have expressed pessimism in their sales outlook one day after another survey ...
A business association now expects sales growth in the sector to slow to 5 percent this year, far be...