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Search result with “Indonesia Layoffs” as a keyword founded 251 news.
Eid Travel and Spending Decline in 2025, Government Pushes Stimulus
... More: Deflation and Layoffs Weaken Indonesia’s Ramadan Spending Indonesia has seen persistent ... , traditionally a key driver of Indonesia’s GDP, contributed over 50 percent ... which employ a large portion of Indonesia’s workforce. “If small businesses take ...Business Mar 27, 2025 | 5:09 pm
Mudik 2025: Rising Costs Push Homecoming Travelers to Seek Cheaper Routes via Malaysia
... and economic challenges, including mass layoffs, may prevent some from making ... , Lampung. State ferry operator ASDP Indonesia Ferry has extended a 36 percent ...News Mar 25, 2025 | 10:12 pm
Rupiah Hits Lowest Level Since 1998 Crisis Amid US Tariff Fears, Fiscal Concerns
... and political turmoil in Indonesia. Today, Indonesia's economic fundamentals and political ... ‘Dark Indonesia’ demonstrations over government budget cuts and mass layoffs. Foreign ... household consumption—a key driver of Indonesia’s economy. “The government’s ...Business Mar 25, 2025 | 5:19 pm
Tourism Sector Feels the Heat as Government Slashes Spending
... . Government budget cuts are hitting Indonesia’s hotel and tourism industries hard ... cost-cutting decisions, such as layoffs or wage reductions. Additionally, 58 ...Business Mar 24, 2025 | 5:09 pm
Gov't Cuts Airfare, Toll Fees for 146 Million Eid Travelers
... and economic challenges, including mass layoffs, may prevent some from making ... key commodities. He confirmed that Indonesia would not need to import ...News Mar 21, 2025 | 9:01 pm
JCI Slumps Nearly 2 Pct as Fed Signals Caution, China Uncertainty Lingers
... faced sustained pressure since the Indonesia Stock Exchange (IDX) halted trading ... attribute the downturn to mass layoffs in key industries ahead of ...Business Mar 21, 2025 | 5:52 pm
President Prabowo Moves to Calm Markets After JCI’s 6 Pct Plunge
... added. On Tuesday, the Indonesia Stock Exchange (IDX) halted ... than 5 percent signals that Indonesia’s economy is under significant ... date. Analysts cite mass layoffs before Eid and concerns ... confidence. As of February, Indonesia’s budget deficit stood at ...Business Mar 20, 2025 | 9:58 am
Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries
... widespread factory closures and mass layoffs. The move comes amid ... the recent bankruptcy of Sritex, Indonesia’s oldest textile company, which ... play a crucial role in Indonesia’s economy, both in job ... chain management. In addition, Indonesia is pushing for the ...Business Mar 20, 2025 | 12:09 am
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... as strategic periods for boosting Indonesia’s national economy, as consumer ... cast a shadow over consumer sentiment. Layoffs in the manufacturing sector, rising ... six manufacturing companies conducted mass layoffs, affecting approximately 16,000 workers ...Business Mar 19, 2025 | 2:39 pm
Rising Costs, Layoffs Force Millions to Rethink Eid Homecoming Plans
... uncertainty and a wave of layoffs continue to loom over many ... is the rising number of layoffs. In 2024 alone, 77 ... in previous years," Achmad said. Indonesia’s Chamber of Commerce (Kadin) ... attributed the drop to mass layoffs, weaker purchasing power, and ...Business Mar 19, 2025 | 10:31 am
Indonesia's Eid Holiday Financial Turnover to Weaken to $8.3 Billion
Jakarta. Indonesia is expected to see a weakening ... mean a smaller Eid economy for Indonesia. Kadin's estimates show that the ... Eid traveler volume to massive layoffs, weakening purchasing power, and poor ...Business Mar 19, 2025 | 9:38 am
Analysts: JCI’s 5% Drop is A Warning Sign for Indonesia’s Economy
... More: Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns ... to Kiwoom Sekuritas Indonesia. Analysts cite mass layoffs before Eid and concerns ... or Thursday morning in Indonesia. Read More: Indonesia Posts $1.9 Billion Budget Deficit ...Business Mar 18, 2025 | 1:45 pm
IDX Sinks to Lowest Since 2021 on Downgrades, Job Cuts
... since September 2021. Earlier, the Indonesia Stock Exchange (IDX) triggered a temporary ... fueling the selloff, including mass layoffs in key industries ahead of ... slowdown. Meanwhile, Goldman Sachs downgraded Indonesia’s stock market rating from overweight ...Business Mar 18, 2025 | 12:18 pm
Breaking: IDX Halts Stock Trading After 5 Pct Drop in Benchmark Index
... making investors nervous,” Kiwoom Sekuritas Indonesia (KSI Research) wrote in a note ... fueling the selloff, including mass layoffs in key industries ahead of ... a slowdown. Additionally, Goldman Sachs lowered Indonesia’s stock market rating from overweight ...Business Mar 18, 2025 | 11:43 am
Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns
Jakarta. Indonesia’s tax revenue fell by 30 ... . We’ve seen a wave of layoffs and company closures, which indicates ... Sri Mulyani Indrawati reported that Indonesia’s state budget (APBN) posted a deficit ...Business Mar 17, 2025 | 5:00 pm
Mass Layoffs Help Two Major Footwear Factories Stay Afloat in Tangerang
... in China, Vietnam, and Indonesia. "The company cited an ... orders as reasons for the layoffs," Desyanti said. Meanwhile, ... strategy. "Last year’s mass layoffs were driven by soaring operational ... no immediate plans for further layoffs this year," Desyanti added ...Business Mar 8, 2025 | 9:02 am
Prabowo Gathers Indonesian Tycoons for Talks on Danantara
... is often dubbed as Indonesia’s future economic driver that ... up in the discussions. Indonesia's textile industry is currently ... mass layoffs. Aguan owns Agung Sedayu Group, one of Indonesia's ... conglomerate which has invested in Indonesia's new capital Nusantara. ...Business Mar 7, 2025 | 9:03 am
Beverage Producers Try Their Best to Avoid Layoffs as Excise Looms
... the industry could lead to layoffs. The government plans to ... excise, a wave of layoffs has hit Indonesia. Most recently, the country ... sugary drinks. This way, Indonesia can prevent diabetes among kids ... think-tank Cisdi show that Indonesia can save up to ...Business Mar 5, 2025 | 8:44 pm
Factories Struggle as Indonesia Faces Industrial Challenges in 2025
... has brought significant challenges to Indonesia’s industrial sector, with several ... the end of February. Sanken Indonesia Sanken Indonesia, a manufacturer of switched- ... mass layoffs in 2025 highlights the growing difficulties faced by Indonesia’s manufacturing ...Business Mar 5, 2025 | 6:18 pm
Deflation and Layoffs Weaken Indonesia’s Ramadan Spending
... discretionary purchases. Data from Indonesia’s Central Statistics Agency (BPS ... demand, exacerbated by ongoing layoffs. “The start of ... household spending. Additionally, layoffs in 2024 totaled 77, ... Consumer Demand University of Indonesia economist Teuku Riefky ...Business Mar 3, 2025 | 8:57 pm
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