On Sunday 20 October 2024, Prabowo Subianto was inaugurated as Indonesia’s eight president for the 2024-2029 period at the People's Consultative Assembly (MPR)/House of Representatives (DPR) building ...
Something very unusual is happening in Indonesia (something we normally only see during crises). The latest consumer price index data released by the Statistical Office of Indonesia (Badan Pusat ...
Something very unusual is happening in Indonesia (something we normally only see during crises). The latest consumer price ...
When global markets became really confident that the US Federal Reserve would cut its benchmark interest rate in September 2024, there occurred a sort of relief rally that is visible in Chart A below.
As expected, Bank Indonesia cut the benchmark interest rate at its monetary policy meeting on 17-18 September 2024. The BI rate was cut by 25 basis points (bps) to 6.00 percent, while also lowering ...
In accordance with Article 4 of Law No. 25/2004 on National Development Planning, the National Long Term Development Plan (RPJPN 2005-2025) of Indonesia was drawn up as a continuation and renewal of ...
How is the middle class important for the national economy? First, the middle class is a crucial contributor to household ...