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household-consumption

Weak loan growth, rising savings signal further GDP contraction: Economists
Business 4 years ago

Weak loan growth, rising savings signal further GDP contraction: Economists

Slowing loan growth and rising savings point to a continued plunge in economic activity in the third...
Japan's household spending, real wages extend COVID-driven declines
Business 4 years ago

Japan's household spending, real wages extend COVID-driven declines

A year-on-year decline in the household spending in August would mark the 11th straight of falls, th...
100,000 retail workers on brink of furlough as consumption free-falls
Business 4 years ago

PREMIUM
100,000 retail workers on brink of furlough as consumption free-falls

More than 100,000 workers in the retail industry face the risk of being furloughed as customers have...
Indonesia's household spending set to take even greater hit: Fitch Solutions
Business 4 years ago

Indonesia's household spending set to take even greater hit: Fitch Solutions

Retail sales in Southeast Asia’s largest economy fell 12.3 percent in July from a year earlier...
Stimulus programs will need to continue into 2023 if economy remains weak: Experts
Business 4 years ago

Stimulus programs will need to continue into 2023 if economy remains weak: Experts

The government’s fiscal stimulus programs may need to continue into 2023 if the Indonesian eco...
Retailers rethink expansion plans, focus on digitalization
Business 4 years ago

PREMIUM
Retailers rethink expansion plans, focus on digitalization

According to a recent internal pulse survey by PwC, 75 percent of enterprises have recognized a need...
Govt registers 12m bank accounts in wage subsidy program
Business 4 years ago

Govt registers 12m bank accounts in wage subsidy program

The government has registered 12 million bank accounts of eligible recipients in its COVID-19 wage s...
Businesses want better coordination, swift stimulus spending to aid economy
Business 4 years ago

PREMIUM
Businesses want better coordination, swift stimulus spending to aid economy

Apindo deputy chairwoman Shinta Kamdani said members of the association faced roadblocks when trying...
Government expands wage subsidy to include 3 million furloughed, reduced pay workers
Business 4 years ago

Government expands wage subsidy to include 3 million furloughed, reduced pay workers

Just a week since it launched the wage subsidy program for laid-off workers, the government has expa...
Indonesia must control virus spread to hasten recovery: Economists
Business 4 years ago

Indonesia must control virus spread to hasten recovery: Economists

Finance Minister Sri Mulyani Indrawati expects the economy to grow at no more than 0.5 percent or ev...
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