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Jakarta Post
The Jakarta Post
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subsidy

Govt spends 19% of COVID-19 rescue package, plans more electricity subsidy
Business 1 week ago

Govt spends 19% of COVID-19 rescue package, plans more electricity subsidy

For social assistance, the government has spent 38 percent of the allocation. It has also spent 13 p...
Australia to spend further $1.1 billon on wage subsidies amid coronavirus
World 3 weeks ago

Australia to spend further $1.1 billon on wage subsidies amid coronavirus

The plan unveiled by Prime Minister Scott Morrison's office on Thursday is the first indication ...
Govt owes Pertamina Rp96.5t for three years of fuel subsidies
Business 1 month ago

Govt owes Pertamina Rp96.5t for three years of fuel subsidies

Pertamina has revised down its growth projections for this year amid large-scale social restrictions...
Govt housing subsidy program hampers market growth, World Bank says
Business 1 month ago

Govt housing subsidy program hampers market growth, World Bank says

The government’s housing subsidy program designed to resolve the country’s mounting back...
World Bank urges tax, subsidy reforms to improve public spending
Business 1 month ago

World Bank urges tax, subsidy reforms to improve public spending

The World Bank said Indonesia currently faced several constraints that prevented it achieving qualit...
France to subsidize clean car purchases to save automakers
Business 2 months ago

France to subsidize clean car purchases to save automakers

France is preparing a package of measures to shore up automakers stung by the coronavirus crisis, in...
Wage subsidy urgently needed to protect jobs amid pandemic
Opinion 3 months ago

Wage subsidy urgently needed to protect jobs amid pandemic

The need for layoffs for struggling employers further poses the risk of losing experienced skilled w...
State-owned banks restructure loans worth US$8 billion
Business 3 months ago

State-owned banks restructure loans worth US$8 billion

Around 96 percent, 801,000 borrowers, came from the micro, small and medium segments.
Lack of data hinders government’s plan to help ultra-micro enterprises
Business 3 months ago

Lack of data hinders government’s plan to help ultra-micro enterprises

The government’s plan to provide social assistance for ultra-micro enterprises affected by the...
Small businesses get subsidies, loan relief
Business 3 months ago

Small businesses get subsidies, loan relief

The subsidies will cover loan interest ranging from 2 to 6 percent for up to six months for millions...
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