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View all search resultsNegotiations between workers, business owners and the city administration led to an agreement to set the alpha coefficient that determines the increase of minimum wage at 0.75, still within the threshold of between 0.5 and 0.9 set by the central government.
National Nutrition Agency (BGN) head Dadan Hindayana said on Friday that all kitchens, formally called nutrition fulfillment service units (SPPG), are recommended to diversify their menu while considering the availability of the food in the local markets and to support farmers.
Bank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year.
The International Monetary Fund has praised Indonesia for maintaining economic growth and containing inflation amid mounting pressure from external factors but emphasizes that the country needs the right “policy mix” to secure the future.
US President Donald Trump on Friday rolled back tariffs on more than 200 food products, including such staples as coffee, beef, bananas and orange juice, in the face of growing angst among American consumers about the high cost of groceries.
Economic Economic experts are increasingly pessimistic about Indonesia's economic outlook during President Prabowo Subianto's first year in office, according to a recent survey of 64 economists from diverse institutional backgrounds. Although sentiment improved in the second semester compared to the first, expectations for economic growth remain subdued, while inflationary pressures and labor-market challenges persist.
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