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View all search resultsThe latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.
Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.
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