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Search result with “Middle Class In Indonesia” as a keyword founded 151 news.Fuel Subsidies Largely Benefit Private Vehicles, Not Public Transport
... Fuel Price Surge Put Indonesia’s Middle Class Under Pressure “If Indonesia wants to become ... , or about 9%, have succeeded in modernizing their public transportation systems ... carefully. He suggested prioritizing residents in small islands and underdeveloped, ...Business Jun 15, 2026 | 12:49 pm
Higher Mortgage and Auto Loan Rates Expected Within Six Months After BI Hike
... Indonesia's decision to raise its benchmark interest rate to 5.50% in ... volatility stemming from conflict in the Middle East. The tightening ... need to remain prudent in managing their spending. For ... Price Surge Put Indonesia’s Middle Class Under PressureBusiness Jun 14, 2026 | 9:25 pm
Purbaya Yet to Assess Subsidy Impact of Potential Shift to Pertalite
... in Jakarta on Thursday. Read More: Transport Sector Consumes 90% of Indonesia ... Price Surge Put Indonesia’s Middle Class Under Pressure Concerns over ... government's energy subsidy burden in 2026. Separately, Center ... the steep increase in non-subsidized fuel ...Business Jun 12, 2026 | 10:27 am
Economic Buffer Under Pressure as Middle Class Continues to Shrink
... about mounting pressure on Indonesia’s middle class, with economists warning that ... the backbone of Indonesia’s economy. In 2025, the middle class contributed 36. ... that Indonesia’s middle class remains relatively thin and concentrated in lower-middle-income ...Business Jun 12, 2026 | 7:54 am
Indonesia in Talks to Invest in Latin American Oil Fields Outside Venezuela
... Jakarta. Indonesia is looking to tap into new crude reserves in Latin ... & Prom (M&P), which owns assets in Venezuela. Deputy Foreign Minister Arif ... surprise assault against Tehran in late February. Crude prices ... Price Hikes to Hurt Indonesia’s Middle ClassBusiness Jun 11, 2026 | 7:29 pm
Rate Hike, Fuel Price Surge Put Indonesia’s Middle Class Under Pressure
... Hidayat said in a statement on Wednesday. Achmad said that Indonesia's middle class has long ... Indonesia's middle class. The number of middle-class Indonesians declined from 57.33 million people in ...Business Jun 10, 2026 | 3:34 pm
Higher Pertamax Prices Risk Swelling Demand for Subsidized Gasoline
... Fahmy warned that a surge in demand for Pertalite could create ... Price Hikes to Hurt Indonesia’s Middle Class Government data show that ... .7 trillion ($11.3 billion) in the first five months of ... Transport Sector Consumes 90% of Indonesia’s Rp 300 Trillion Fuel ...Business Jun 10, 2026 | 12:30 pm
Sudden Pertamax Price Hikes to Hurt Indonesia’s Middle Class
... -subsidized fuel Pertamax will hurt Indonesia’s middle class. Pertamax prices rose by 32 ... and groceries for the lower-middle class. Indonesia’s middle class was already shrinking before the ... may even fuel massive layoffs in the third quarter. This will ...Business Jun 10, 2026 | 10:25 am
Weak Rupiah Brings Foreign Tourists In, Keeps Indonesians at Home
... , restaurant meals, and spa treatments in Indonesia than they did only months ... Indonesian travelers. Hariyadi said many middle-income Indonesians are delaying overseas ... tax subsidies for domestic economy-class airline tickets during the school ...Lifestyle Jun 5, 2026 | 9:03 am
Indonesian Economists Question Validity of Reported 5.61% Q1 Growth
... , Indonesia’s economy is facing layered pressures,” the group said in findings ... and the implications of the Indonesia-U.S. Agreement on Reciprocal Trade signed ... in Indonesia’s economic fundamentals,” Riefky said. “The continuing decline of the middle class ...Business May 24, 2026 | 12:04 pm
Indonesia Auto Sectors Hold Prices Despite Rupiah Slump and Higher Rates
... US dollar level in recent weeks, while Bank Indonesia has raised its ... : Stronger Car Sales in Indonesia Not a Sign of Middle-Class Recovery According to Bansar ... institutions that support vehicle purchases. Indonesia’s automotive market has shown signs ...Business May 23, 2026 | 2:30 pm
Weak Rupiah Makes Bali a Bargain for Foreign Tourists
... provide a major boost for Indonesia’s tourism sector by improving ... dollars gain stronger purchasing power in Indonesia. “From the tourists’ ... despite higher operational expenses. Indonesia has been counting on ... Rupiah is Squeezing Middle-Class ConsumersLifestyle May 23, 2026 | 12:13 pm
Indonesia’s Growth Paradox: Higher Growth, Poorer People
... ladder beneath the aspiring middle class is quietly collapsing. Indonesia’s middle class has shrunk by ... simplification, infrastructure modernization, and investment in human capital. Labor-intensive manufacturing ...Opinion May 23, 2026 | 11:57 am
Kadin Warns Weak Rupiah is Squeezing Middle-Class Consumers
... most acutely by Indonesia’s middle class, which may have ... in official data. Figures from the Central Statistics Agency show that Indonesia’s middle class ... has been shrinking steadily in recent years. In 2019, Indonesia’s middle class ...Business May 22, 2026 | 8:11 pm
Prabowo’s Military Modernization Plan Faces Economic Reality Check
... China Sea to the Middle East. Yet it must ... and pilot training. “I believe Indonesia’s current defense priority should ... Buying Weapons in a Weak Currency Era Replacing Indonesia’s aging military ... – has offered Mogami-class frigates, while France has ...News May 22, 2026 | 9:14 am
Economy Isn’t Just Numbers, But Also Perception and Trust
... the middle class are beginning to cut back on spending. Investors remain in ... increasingly feels difficult to predict. Indonesia’s challenge today, therefore, is ... and competitiveness over time. Indonesia still possesses important underlying strengths ...Opinion May 18, 2026 | 8:00 am
Stronger Car Sales in Indonesia Not a Sign of Middle-Class Recovery
... not necessarily indicate a broad recovery in middle-class consumption, according to Josua Pardede ... strain household budgets.” Read More: Indonesia Car Sales Jump 12% as ... purchasing power. He added that Indonesia’s automotive industry remained under pressure ...Business May 12, 2026 | 12:07 pm
Sunsets and Spreadsheets: Indonesia Wants to Turn Bali Into Wall Street
... favor them. Turmoil in the Middle East, rising geopolitical ... Bali would require world-class information technology infrastructure and ... financial professionals, potentially requiring Indonesia to initially rely on ... establish family offices in Indonesia.Business May 8, 2026 | 9:13 am
Healthcare Industry Adapts as Geopolitical Tensions Disrupt Supply Chains
... policy a crucial step in containing expenses. Indonesia is also expanding ... important role in driving this development,” he said. Indonesia’s healthcare industry ... sector, with a growing urban middle-class population, rising chronic disease prevalence ...Special Updates Apr 28, 2026 | 8:08 pm
Rising LPG Prices Push Small Businesses in West Java Back to Firewood
... pressure on small businesses in Subang, forcing salted ... fish producer in Blanakan district, Subang. Read More: Indonesia Announces 5 ... TCF Gas Discovery in East Kalimantan ... LPG Hikes Squeeze Middle Class, Risk Subsidy OverrunBusiness Apr 24, 2026 | 2:20 pm
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