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purchasing-power

Academia 2 months ago

PREMIUM
Year-end consumption surge: A sign of recovery or a seasonal mirage?

Focusing solely on credit expansion risks overlooking the fundamental issues of inequality and structural weakness in domestic demand.

Academia 5 months ago

PREMIUM
The shadow rise of ‘homo inutilis’: An Indonesian perspective

Indonesia needs to look closely at the interrelation between productivity and participation as technology moves apace and leaves humans lagging in both jobs and wages to avoid creating the "useless class".

Academia 9 months ago

PREMIUM
Increasing nontaxable income to boost middle-income spending

Economic conditions now are strikingly different from when the nontaxable income amount was determined nine years ago.

Economy 9 months ago

PREMIUM
Manufacturing activity inches up despite steep drop in orders

According to the latest S&P Global report, Indonesia’s manufacturing purchasing managers’ index (PMI) remained in contraction territory at 47.4 in May, albeit slightly improved from 46.7 in the previous month.

Editorial 9 months ago

Are we in a crisis?

What we have now is a grim new reality, whether one attributes that to domestic politics, the global economy or changing technology. Unlike the pandemic, there is no end in sight.

Academia 10 months ago

PREMIUM
Indonesian banking credit prospects amid economic slowdown

Weak purchasing power, a declining middle class, widespread layoffs and falling consumer expectations have led to a decrease in the demand for goods.

Economy 1 year ago

PREMIUM
Reduced holiday travel seen to slash Idul Fitri boon for regions this year

A leading business groups predicts a 12.3 percent decline in money circulation compared to last year’s Islamic festive season as the Transportation Ministry expects fewer people to leave urban centers for their hometowns.

Society 1 year ago

PREMIUM
Government expects smaller ‘mudik’ amid bleak economy

The government is expecting a significant drop in the number of people partaking in the Idul Fitri tradition of mudik (exodus) this year as many Indonesians endure a tougher financial situation amid President Prabowo Subianto’s sweeping austerity measures.

Economy 1 year ago

PREMIUM
2024 a year of shrinking Indonesian middle class

The government maintains that the economic situation remains under control, despite warnings from businesses and analysts.

Regulations 1 year ago

PREMIUM
Business groups demand incentives amid salary, VAT hikes

Apindo and other business associations say a 5 percent cut in loan interest rates for labor-intensive industries is insufficient to help employers stay afloat.

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purchasing-power

PREMIUM Year-end consumption surge: A sign of recovery or a seasonal mirage?

PREMIUM The shadow rise of ‘homo inutilis’: An Indonesian perspective

PREMIUM Increasing nontaxable income to boost middle-income spending

PREMIUM Manufacturing activity inches up despite steep drop in orders