5 Provinces with Highest 2024 Provincial Minimum Wage Increase
Governors in various Indonesian provinces have set an increase in the provincial minimum wage (UMP) for 2024 on Tuesday...
Business Update
Shipment Delays May Increase Freight Costs in 2024
Over 150 ships carrying more than 105 billion US dollars in cargo have been forced to divert their routes from the Red Sea and Suez Canal.
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Minister Airlangga: VAT to Increase to 12 Pct. Starting 2025
Minister Airlangga said VAT to Increase to 12 Pct. Starting 2025
Trade Ministry Ready to Support Freeport’s Second Smelter in Gres...
The Trade Ministry is ready to support PT Freeport Indonesia (PTFI) ahead of the operation of its second smelter in Gresik, East Java.
McDonald's Global Sales Miss Target, Shares Plummet Amid Boycotts
Fast-food chain McDonald's on Monday (2/6) reported a decline in sales in the Q4 of 2023, the first time in nearly four years.
Indonesia's Economy Grows 5.05 Pct. Throughout 2023
The Central Statistics Agency (BPS) announced that Indonesia’s economic growth has grown by 5.05 percent cumulatively throughout 2023.
