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Economy 1 year ago
PREMIUM
Indonesian economy suffers heavy losses from riots
Retailers have suffered an estimated Rp 500 billion (US$33 million) in lost sales over five days of unrest, while small businesses saw revenue plunge by up to 90 percent as demonstrations disrupted operations and supply chains.
Economy 1 year ago
PREMIUM
Layoffs surge in manufacturing, retail, govt data suggest
The 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.
Economy 1 year ago
PREMIUM
Govt cool on business calls for consumer spending stimulus
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.
Companies 1 year ago
MR.D.I.Y. Indonesia Achieves Huge Milestone, Opening Their 1000th Store Nationwide
On Feb. 19, MR.D.I.Y. Indonesia celebrated its latest industry milestone by opening its 1000th store, further cementing its position as Indonesia’s largest home improvement retailer. This historic store, located in Bulukumba, South Sulawesi, is another significant step of MR.D.I.Y. Indonesia’s mission in providing high quality products at an affordable price for families across the country, from Sabang to Merauke.
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