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Search result with “Holiday Spending” as a keyword founded 136 news.
Indonesia Rolls Out Economic Stimulus Programs for School Holiday Season
... school holiday period, aiming to support economic growth, boost consumer spending, and ... million drivers during the same holiday period. The program follows a similar ...Business May 27, 2025 | 2:44 pm
Indonesia to Launch $9 Wage Subsidy for Low-Income Workers in June
... anticipation of increased household spending during the school holiday season. Read More ...Business May 27, 2025 | 11:14 am
Warning Signs Flash as Indonesia's Factory Sector Contracts Sharply
... domestic challenges, including sluggish consumer spending and rising job losses. Ajib ... , even during the typically high-spending Eid holiday period, a worrying sign for ... the shortfall to fading seasonal spending after Ramadan (the fasting month ...Business May 5, 2025 | 6:03 pm
Trump’s Tariff Moves Push Indonesians Toward Gold and Real Estate
... timing coincided with the Eid holiday in Indonesia, temporarily insulating local ... to gold, citing a shift in spending patterns, especially among younger investors ...Business Apr 17, 2025 | 8:10 pm
Cirebon Hotels Face Mass Layoffs as Gov't Bookings Dry Up
... due to the typical post-holiday dip, but worse than in ... over Rp 300 trillion in spending as part of a national efficiency ...Business Apr 17, 2025 | 4:49 pm
West Java Hotel Cuts Labor Hours as Government Austerity Measures Hit Hospitality Sector
... Rp 300 trillion in government spending. These measures include strict restrictions ... is heavily reliant on government spending. He noted that 40 percent ... operations ahead of the Eid holiday due to slumping demand.Business Apr 16, 2025 | 9:18 pm
Trade Wars Are Back: Why Indonesia Must Brace for Stronger Dollar and Slower Growth
... due to the Eid holiday market closure. The IDX ... they could depress US consumer spending, in turn reducing Indonesia’s ... complicated by reduced government spending and cautious investor sentiment, ... trillion ($18.2 billion) in spending cuts, further rounds of ...Opinion Apr 14, 2025 | 3:21 pm
'Mudik' Drops in 2025: What Does It Say About the Economy?
... population—will travel for the holiday, a sharp 24 percent decline ... Sulawesi also rely on the holiday season for economic boosts. ... Nailul added. Declining consumer spending is reflected in lower domestic ... Christmas and New Year holiday period. We expect Q1 ...Business Mar 31, 2025 | 8:03 pm
In Indonesia, Eid Bonuses Are Not Just for Adults
... . Eid has become a much-anticipated holiday for Indonesians as employees get ... by fasting for half a day. Spending a day on an empty stomach ...Lifestyle Mar 28, 2025 | 3:50 pm
Stalling Small Enterprises Lead to Drop in Eid Travelers: Analyst
... fewer homecoming travelers this Eid holiday, and an analyst believes that ... instructed his government to reduce spending by Rp 306.69 trillion ...Business Mar 28, 2025 | 8:27 am
Eid Travel and Spending Decline in 2025, Government Pushes Stimulus
... and Layoffs Weaken Indonesia’s Ramadan Spending Indonesia has seen persistent deflation ... and workers’ incomes, suppressing consumer spending,” he told B-Universe Media Holdings ... planned to save their holiday bonuses instead of spending them. Read More ...Business Mar 27, 2025 | 5:09 pm
Travel Spending During Eid Holidays Estimated at Rp 375 Trillion
... , which estimates that the holiday period, beginning later this ... these estimates, we project total spending to reach Rp 375.2 ... ), which estimates Eid-related spending at Rp 137.97 trillion ... The number of travelers this holiday season is predicted to reach ...Business Mar 19, 2025 | 9:07 pm
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... consumer spending, especially as Ramadan approaches. Read More: Indonesia's Eid Holiday ... Saojoao). Consumers Prioritizing Savings Over Spending According to Bhima Yudhistira, ... planned to save their holiday bonuses instead of spending them immediately. Senior ...Business Mar 19, 2025 | 2:39 pm
Rising Costs, Layoffs Force Millions to Rethink Eid Homecoming Plans
... home for the 2025 Eid holiday, or mudik, is ... Read More: Indonesia's Eid Holiday Financial Turnover to Weaken to ... small businesses that rely on holiday travelers, including souvenir and ... see a surge in consumer spending. Households allocate funds for food ...Business Mar 19, 2025 | 10:31 am
Indonesia's Eid Holiday Financial Turnover to Weaken to $8.3 Billion
... financial turnover this upcoming Eid holiday season as fewer people choose ... as the aforementioned average family spending estimates are still within a "moderate ...Business Mar 19, 2025 | 9:38 am
Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns
... spending had started to decline in the second half of 2024. Holiday ... could also be because the holiday bonuses (THR) haven’t been distributed ... at year-end due to holiday spending but dips in the early ...Business Mar 17, 2025 | 5:00 pm
Indonesian Tourists in Hong Kong Soar 42 Pct, Each Spends $952 on Average
... tend to travel during longer holiday periods such as the Eid ... data showed that the average spending by an Indonesian tourist reached ...Lifestyle Mar 15, 2025 | 8:12 am
Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue
... year-end due to holiday spending but dips in ... previous year. Government Spending and Subsidies Government expenditure ... allocated for central government spending and Rp 136.6 trillion ... transferred to regional governments. Spending on subsidies and compensation ...Business Mar 13, 2025 | 7:23 pm
Gov’t Allocates $3 Billion for Civil Servants’ Eid Bonuses
... bonuses ahead of the religious holiday. The Finance Ministry recently announced ... retired state employees. The bonus spending for the civil servants working ... Rp 16.5 trillion for this spending. Its disbursement should depend on ...News Mar 12, 2025 | 9:04 am
What to Know About Trump’s Tariffs and Their Impact
... during the holiday season as customers pulled back on spending. CEO Brian ...Business Mar 6, 2025 | 11:50 am
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