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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
Hospitality industry braces for tougher periods in ‘survival mode’
The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.
Academia 1 year ago
PREMIUM
Why we have to continuously update the poverty line
According to the World Bank’s "Poverty & Equity Brief East Asia & Pacific" released in October 2023, under the global standard, 60.5 percent of Indonesia's population, around 166.6 million people, were living below the poverty line in 2022.
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