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Retailers are seeing a later-than-usual pickup in seasonal sales this year as consumers appear more ...
By early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-...
As living costs rise and disposable income shrinks, many Jakartans are increasingly turning to malls...
The government will no longer offer electricity subsidies or wage subsidies for low-income work...
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...