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Popular Reads

Popular discontent is justified. Authoritarianism is not the answer
Recentralization concerns in fiscal, education heighten
Govt under pressure as 3 million home drive hits cracks
Safeguarding Indonesia's AI future
Batam residents protest data centers amid water crisis

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Popular Reads

Popular discontent is justified. Authoritarianism is not the answer
Recentralization concerns in fiscal, education heighten
Govt under pressure as 3 million home drive hits cracks
Safeguarding Indonesia's AI future
Batam residents protest data centers amid water crisis

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indef

Analysts warn luxury car tax cut 'off target'
Business 5 years ago

PREMIUM
Analysts warn luxury car tax cut 'off target'

Analysts are skeptical that the latest luxury tax scheme will help boost new car sales when it is enacted on March 1, saying that it won't improve consumer buying power, although Gaikindo seems optimistic.
Cabinet shake-up expected to accelerate COVID-19 spending, spur economy
Business 5 years ago

PREMIUM
Cabinet shake-up expected to accelerate COVID-19 spending, spur economy

The government has spent nearly half of the Rp 96.17 trillion (US$6.7 billion) healthcare budget allocated in the coronavirus stimulus as patients overwhelm hospitals and people struggle to get tested.
More research, better human resources needed to boost manufacturing industry
Business 5 years ago

More research, better human resources needed to boost manufacturing industry

Investment in R&D remained low as it only made up 0.3 percent of GDP in 2018, mostly by the government, according to data from the Research and Technology Ministry.
Indonesia’s economy to grow in 2021 but poverty, unemployment to remain high
Business 5 years ago

Indonesia’s economy to grow in 2021 but poverty, unemployment to remain high

The government expects the economy to contract by 0.6 percent to 1.7 percent this year, before rebounding to 5 percent growth next year.
Economists question efficacy of tax incentives in omnibus law
Business 5 years ago

Economists question efficacy of tax incentives in omnibus law

The provisions in the omnibus law aim to complement several rules in Law No. 2/2020, which was issued earlier this year.
Job Creation Law may have devastating impact on forests: Indef
Business 5 years ago

Job Creation Law may have devastating impact on forests: Indef

The jobs law removes the minimum relative forest cover to be preserved by the government.
Financial sector overhaul could harm BI’s independence, economists warn
Business 5 years ago

Financial sector overhaul could harm BI’s independence, economists warn

The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulation in lieu of law (Perppu) on financial system reform may interfere with the central bank’s independence, economists have warned. 
E-commerce group sees room for digital wallet growth
Business 6 years ago

E-commerce group sees room for digital wallet growth

According to Statista, almost half of Indonesian online shoppers will use an e-wallet by 2023, compared to about 6 percent of shoppers in 2017.
Indonesia at 'near-certain recession' as recovery depends on virus control, economists warn
Business 6 years ago

Indonesia at 'near-certain recession' as recovery depends on virus control, economists warn

“We should have controlled the virus spread first before the economy could grow. If the virus cases declined, the economy would automatically pick up," University of Indonesia senior economist Faisal Basri told lawmakers.
Agriculture resilient to pandemic’s impact
Business 6 years ago

Agriculture resilient to pandemic’s impact

The sector, the second-largest contributor to Indonesia’s economy, managed to grow 2.19 percent year-on-year (yoy) in the second quarter, albeit more slowly than the sector’s yoy growth in the same period last year: 5.3 percent

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