Indonesia’s employers, workers still locked horns over 2023 minimum wage
Labor unions have called relentlessly for a minimum wage increase of around 13 per cent, as September’s fuel price hike had greatly impacted living costs.
Fadhil Haidar Sulaeman
Going heavy on metals: Jokowi vows to keep minerals at home
Jokowi said it is critical to building a “big ecosystem” of nickel downstreaming instead of only exporting raw materials.
Indonesia’s GDP growth accelerates to 5.72%
The domestic economy is benefiting this year from relaxed pandemic restrictions and higher prices for key export commodities in global markets.
Indonesia could benefit from G7 price cap on Russian oil: Finance minister
For much of the 2022, the Indonesian government has relied on subsidies and price controls to isolate the national economy from imported energy inflation.
Indonesia’s domestic car sales up 19% in September, immune to fuel hike
“There is pent-up demand due to the pandemic condition before, including financial challenges”, said an automotive expert.
Indonesia proposes ‘triple intervention’ to prevent global food crisis
Agriculture Minister Syahrul Yasin Limpo also said the G-20 was committed to guaranteeing continued food production.
Indonesian factories to feel trade slowdown in 2023
Real global GDP growth is projected to increase by 2.3 per cent next year, down 1 percentage point from the previous estimate, with a downside risk for a sharp contraction of 2.8…
Food estate program dubbed ‘total failure’ as technical problems persist
The plan was to prepare land for the cultivation of rice and other staple crops, however, acidic soil had hampered the growth of some crops.
Trade policies inhibit investment in Indonesia: World Bank
The institution explained that changes in trade policies were paramount to support the massive “investment diversion” to South-east Asian countries.
Indonesian Agriculture Ministry under pressure to release detained imports
With around Rp 30 billion worth of imports detained, demurrage, utility costs and other expenses so far amount to some Rp 8 billion in losses incurred by the importers.