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Search result with “Layoffs In Indonesia” 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 ... power is also reflected in Bank Indonesia’s Consumer Confidence Index ( ... less vibrant festive season. “Mass layoffs in manufacturing have weakened both corporate ...Business Mar 27, 2025 | 5:09 pm
Mudik 2025: Rising Costs Push Homecoming Travelers to Seek Cheaper Routes via Malaysia
... burden on travelers. Surge in Homecoming Traffic Traffic conditions ... economic challenges, including mass layoffs, may prevent some from ... Toll Gate, a key gateway in Semarang, Central Java, traffic ... . State ferry operator ASDP Indonesia Ferry has extended a 36 ...News Mar 25, 2025 | 10:12 pm
Rupiah Hits Lowest Level Since 1998 Crisis Amid US Tariff Fears, Fiscal Concerns
... economic and political turmoil in Indonesia. Today, Indonesia's economic fundamentals and political ... ‘Dark Indonesia’ demonstrations over government budget cuts and mass layoffs. Foreign ... has already led to layoffs in labor-intensive industries such ...Business Mar 25, 2025 | 5:19 pm
Tourism Sector Feels the Heat as Government Slashes Spending
... budget cuts are hitting Indonesia’s hotel and tourism industries ... Policies" conducted by PHRI in March 2025, involving 726 ... cutting decisions, such as layoffs or wage reductions. Additionally, ... potentially hindering economic growth in regions reliant on tourism. ...Business Mar 24, 2025 | 5:09 pm
Gov't Cuts Airfare, Toll Fees for 146 Million Eid Travelers
... mudik) for millions of Indonesians in 2025. A series of policies ... economic challenges, including mass layoffs, may prevent some from ... to prepare for a surge in visitors at major holiday ... 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
... rebalancing. The index remained in negative territory throughout the ... faced sustained pressure since the Indonesia Stock Exchange (IDX) ... the downturn to mass layoffs in key industries ahead of ... tariff policies," Pilarmas noted in a report Friday. US jobless ...Business Mar 21, 2025 | 5:52 pm
President Prabowo Moves to Calm Markets After JCI’s 6 Pct Plunge
... Index (JCI) nosedived 6 percent in a single session, triggering concerns ... is a normal occurrence in financial markets. He also ... than 5 percent signals that Indonesia’s economy is under significant ... date. Analysts cite mass layoffs before Eid and concerns ...Business Mar 20, 2025 | 9:58 am
Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries
... beverages, in response to widespread factory closures and mass layoffs. The move ... sectors play a crucial role in Indonesia’s economy, both in job creation and export ... , and supply chain management. In addition, Indonesia is pushing for the swift ...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 spending ... cast a shadow over consumer sentiment. Layoffs in the manufacturing sector, rising commodity ... Andalas University estimates that Indonesia’s GDP growth in Q1 2025 may reach ...Business Mar 19, 2025 | 2:39 pm
Rising Costs, Layoffs Force Millions to Rethink Eid Homecoming Plans
... last year. Read More: Indonesia's Eid Holiday Financial Turnover ... number of layoffs. In 2024 alone, 77,965 layoffs were recorded, ... period the peak of Indonesia's consumption cycle. Achmad ... lower than in previous years," Achmad said. Indonesia’s Chamber of ...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 ... mean a smaller Eid economy for Indonesia. Kadin's estimates show that ... turnover will likely be higher in actuality as the aforementioned ... digit drop in the Eid traveler volume to massive layoffs, weakening purchasing ...Business Mar 19, 2025 | 9:38 am
Analysts: JCI’s 5% Drop is A Warning Sign for Indonesia’s Economy
... to Kiwoom Sekuritas Indonesia. Analysts cite mass layoffs before Eid and concerns ... uncertainty are interest rate decisions in Indonesia, Japan, and the US, ... Wednesday 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
... September 2021. Earlier, the Indonesia Stock Exchange (IDX) triggered ... selloff, including mass layoffs in key industries ahead of ... , Goldman Sachs downgraded Indonesia’s stock market rating from ... looming interest rate decisions in Indonesia, Japan, and the ...Business Mar 18, 2025 | 12:18 pm
Breaking: IDX Halts Stock Trading After 5 Pct Drop in Benchmark Index
... Kiwoom Sekuritas Indonesia (KSI Research) wrote in a note on ... selloff, including mass layoffs in key industries ahead of ... Additionally, Goldman Sachs lowered Indonesia’s stock market rating from ... looming interest rate decisions in Indonesia, Japan, and the ...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 percent in February 2025, ... ve seen a wave of layoffs and company closures, which ... Indonesian Consumers Lose Confidence in Economy: Central Bank ... Sri Mulyani Indrawati reported that Indonesia’s state budget (APBN) ...Business Mar 17, 2025 | 5:00 pm
Mass Layoffs Help Two Major Footwear Factories Stay Afloat in Tangerang
... footwear manufacturing plants in China, Vietnam, and Indonesia. "The company ... as reasons for the layoffs," Desyanti said. Meanwhile, ... "Last year’s mass layoffs were driven by soaring operational ... 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 ... also came up in the discussions. Indonesia's textile industry is ... 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
... excise, a wave of layoffs has hit Indonesia. Most recently, the ... 0.48 percent in month-to-month deflation in February. President ... (around $18.8 billion) in non-essential spending, including ceremonial ... on us," Triyono said in an interview with Beritasatu ...Business Mar 5, 2025 | 8:44 pm
Factories Struggle as Indonesia Faces Industrial Challenges in 2025
... closing two piano production facilities in Indonesia. The Yamaha Music Product Asia ... will shut down in March, followed by Yamaha Indonesia in Pulo Gadung, Jakarta ... and 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
... over discretionary purchases. Data from Indonesia’s Central Statistics Agency (BPS) ... , indicating weak household spending. Additionally, layoffs in 2024 totaled 77,965 cases ... to Consumer Demand University of Indonesia economist Teuku Riefky expressed concern ...Business Mar 3, 2025 | 8:57 pm
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