# economic impacts

Latest news group about economic impacts.

Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth

Retail groups urge Indonesia to lower VAT to 9% to boost household spending and compete with Vietnam’s accelerating growth.
Business Oct 16, 2025 | 4:23 pm

Government Pushes New Industrial Parks Amid Concerns Over KEK Performance

Indonesia plans six new SEZs worth $66B, but Kadin warns existing zones underperform and urges thorough evaluation first.
Business Sep 14, 2025 | 11:09 pm

Kadin Urges New Finance Minister to Protect Economic Stability

Anindya Bakrie says economic stability is key as Purbaya steps in.
Business Sep 9, 2025 | 11:08 am

Indonesia Targets $2 Billion in Transactions for 2025 National Online Shopping Day

Harbolnas has grown into a symbol of digital transformation beyond being a discount festival.
Business Sep 8, 2025 | 2:08 pm

Oil Rises and US Stock Futures Slip as Markets React to US Strike on Iran Nuclear Sites

Iran could severely disrupt transit through it, sending insurance rates spiking and making shippers nervous to move without US Navy escorts.
Business Jun 23, 2025 | 8:54 am

Indonesia, Pertamina on Alert as Iran-Israel Conflict Drives Up Oil Prices

Indonesia braces for economic fallout as the Iran-Israel war pushes oil prices higher; Pertamina ramps up monitoring of supply routes.
Business Jun 18, 2025 | 10:38 am

INDEF: Soaring Free Meal Costs Threaten Indonesia’s Fiscal Health

By 2026, the program is projected to cost Rp 400 trillion ($24.5 billion) as it expands to nearly 83 million beneficiaries.
Business May 28, 2025 | 7:37 pm

Over 24,000 Workers Laid Off in Indonesia So Far This Year

The largest number of layoffs in the past five years occurred in 2020 at the onset of the COVID-19 pandemic, affecting 386,877 workers.
Business May 5, 2025 | 2:05 pm

Trump’s Tariff Offensive and the Erosion of Global Trade Governance

This analysis assesses Trump’s tariff hikes from a legal perspective, with a focus on their compliance -- or lack thereof -- with WTO rules.
Opinion May 3, 2025 | 2:45 pm

DBS: US Tariff Could Cut Indonesia’s Growth by 0.5 Pct

A 32% U.S. tariff on Indonesian goods could cut GDP by 0.5%, warns DBS, as risks loom over key export sectors and growth outlook.
Business Apr 21, 2025 | 7:27 pm

Indonesia Hosts 100 Foreign Investors Amid Rising US-China Trade Tensions

The summit served as a platform for investors across Asia to engage directly with Indonesian government officials and business leaders.
Business Apr 15, 2025 | 11:06 pm

Trump’s Tariffs Hit Hard: Americans Pay the Price

East Asia -- often accused by Trump of 'stealing' American jobs -- has played a pivotal role in strengthening the US economy.
Opinion Apr 15, 2025 | 8:04 am

'Mudik' Drops in 2025: What Does It Say About the Economy?

Lebaran 2025 homecoming drops 24 percent, raising concerns over economic slowdown, weaker consumer spending, and shifting travel habits.
Business Mar 31, 2025 | 8:03 pm

Prabowo to Launch GovTech Super App, Requiring Every Family to Have a Bank Account

“Based on our initial calculations, digitalization could save us Rp 100 trillion ($6 billion) in unnecessary spending,” Luhut said.
Tech Mar 20, 2025 | 12:12 am

Factories Struggle as Indonesia Faces Industrial Challenges in 2025

Declining market demand and strategic decisions by parent companies have forced many factories to cease production.
Business Mar 5, 2025 | 6:18 pm

Deflation and Layoffs Weaken Indonesia’s Ramadan Spending

Indonesia’s Ramadan spending is set to slow as deflation, job losses, and weak consumer demand curb household spending and retail sales.
Business Mar 3, 2025 | 8:57 pm

Indonesia Has the Potential to Become a Key Player in the Global Halal Industry

In Muslim-friendly tourism, Indonesia has taken the top spot, ranking 1st in the Global Muslim Travel Index 2024.
Business Feb 28, 2025 | 9:08 am

Top Lawmaker Calls Danantara 'Stepping Stone' for Golden Indonesia 2045

Deputy House Speaker Adies Kadir said Danantara can help the Indonesian government achieve its ambitious economic growth targets.
Business Feb 25, 2025 | 8:05 am

Two Former Presidents Join Prabowo for Danantara Launch

With projected assets reaching $900 billion, Danantara is set to become one of the world’s largest sovereign wealth funds, Prabowo said.
Business Feb 24, 2025 | 12:09 pm