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View all search resultspurchasing-power
Business 5 years ago
PREMIUM
Rebound in Indonesia’s manufacturing activity hinges on pandemic handling
The headline figure of Indonesia’s manufacturing Purchasing Managers’ Index (PMI) fell to 47.2 in September from 50.8 in August. A reading below the threshold point of 50 indicates a contraction in activities from the previous month.
Business 5 years ago
Companies struggle to sell due to weaker purchasing power: Employers association
Employers have said that companies have been struggling to market their products as Indonesia has been hit hard by the COVID-19 health crisis, which has weakened people's purchasing power in the country.
Business 5 years ago
COVID-19 fallout exacerbates noncompetitive, outdated textile industry: Experts
Experts say that the ongoing health crisis has only aggravated the multifaceted issues that had been undermining development and productivity of Indonesia's textile and garment industry over the past decade.
Business 5 years ago
Government expands wage subsidy to include 3 million furloughed, reduced pay workers
Just a week since it launched the wage subsidy program for laid-off workers, the government has expanded its coverage to include workers that have been furloughed or experienced pay cuts as a result of COVID-19 downsizing.
