Recent years have seen a rise in prices, particularly for food and energy, which has eroded middle-class expenditures and may ...

Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, just hours ahead of the widely ...

President Joko Widodo had announced the move last year but the regulation can only be implemented after the Ministry of Trade ...

Indonesia’s central bank unexpectedly cut its key interest rate for the first time in more than three years, as an imminent ...

Indonesia's parliament on Thursday passed President-elect Prabowo Subianto's maiden budget for 2025, with spending set at ...

Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to ...

Indonesia’s parliament approved a $237-billion state budget that will help President-elect Prabowo Subianto get his ...

With a smaller middle class, experts warn that Indonesia could suffer a similar fate to Chile, where widening social ...

Indonesia defines the middle class as households with monthly expenditures between 2 million rupiah and 9.9 million rupiah ...

Achieving high-income status requires prioritizing the primary potential sources of Indonesia’s economic growth, such as the ...

Businesspeople and analysts are speculating that Saturday's change at the Indonesian Chamber of Commerce (KADIN), which saw ...

Rahmat Hidayat lost his job when the shoe factory he worked for closed down last year in the industrial town of Karawang in ...