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Indonesia economy
Indonesia announces cash handout, internship program to stimulate economy

Indonesia announces cash handout, internship program to stimulate economy

Indonesia launched a new economic stimulus package that includes cash handouts totaling 30 trillion rupiah (US$1.81 billion) for 35 million households and expanded a planned paid internship scheme.
Indonesia temporarily lowers taxes for hotels, restaurants to support businesses

Indonesia temporarily lowers taxes for hotels, restaurants to support businesses

Southeast Asia's largest economy unveils economic stimulus package worth almost $1B

Southeast Asia's largest economy unveils economic stimulus package worth almost $1B

Indonesia's president touts economy, social welfare drive

Indonesia's president touts economy, social welfare drive

Indonesian President Prabowo Subianto emphasized an expectation-defying economy, low unemployment rate and slew of ambitious social welfare initiatives as he delivered his first state address to parliament on Friday.
August 15, 2025 | 01:25 am PT
Up to 50,000 Indonesian workers may face layoffs over US tariffs

Up to 50,000 Indonesian workers may face layoffs over US tariffs

Roughly 50,000 Indonesian workers could lose their jobs due to new US tariffs, warned Said Iqbal, president of the Indonesian Labour Unions Confederation (KPSI).
April 18, 2025 | 09:07 pm PT
Indonesia to boost US imports by up to $19B to balance trade

Indonesia to boost US imports by up to $19B to balance trade

Indonesia has proposed increasing its imports of U.S. goods by as much as US$19 billion in an effort to mitigate the impact of tariff policies on its exports.
April 18, 2025 | 06:16 pm PT
Indonesia to send 425,000 workers abroad in 2025

Indonesia to send 425,000 workers abroad in 2025

Indonesia aims to send at least 425,000 workers abroad this year, a move expected to generate over 300 trillion rupiah (US$18.5 billion) in foreign exchange earnings.
January 8, 2025 | 08:09 pm PT
Indonesia to spend $4.4B on free meal program benefiting millions

Indonesia to spend $4.4B on free meal program benefiting millions

Indonesian President Prabowo Subianto's program to provide free meals to millions of his people has been launched with an estimated cost of 71 trillion rupiah (US$4.39 billion) for this year.
January 7, 2025 | 06:55 pm PT
Indonesia implements 12% VAT on luxury goods

Indonesia implements 12% VAT on luxury goods

Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 percentage point increase from the previous rate.
January 3, 2025 | 09:02 pm PT
Indonesia rolls out $52B stimulus package for 2025

Indonesia rolls out $52B stimulus package for 2025

Indonesia has unveiled economic stimulus packages totaling IDR827 trillion (US$51.65 billion) for 2025, designed to mitigate economic shocks and address the weakening purchasing power of low- and middle-income groups.
December 19, 2024 | 01:06 am PT
Quiz: Which is the most competitive economy in Southeast Asia?

Quiz: Which is the most competitive economy in Southeast Asia?

The country distinguished itself in the 2024 World Competitiveness Ranking, excelling in business efficiency, labor market conditions, management practices, attitudes and values, and technological infrastructure.
September 3, 2024 | 03:06 pm PT
Indonesian president unveils measures to support economy

Indonesian president unveils measures to support economy

Indonesia's President Joko Widodo launched measures on Tuesday to support growth in Southeast Asia's largest economy, after assuring businesses that the rupiah's recent rate of depreciation against the dollar was still "safe".
October 24, 2023 | 05:57 pm PT
 
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