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Search result with “Eid Economic Impact” as a keyword founded 26 news.

Trump’s Tariffs Could Trigger Mass Layoffs in Indonesia, INDEF Says

... to six months as global economic challenges, including escalating US-China ... swiftly, pointing to signs of economic slowdown since last year that ... last year’s Eid holidays. Tauhid expects the impact to become more ...
Business May 20, 2025 | 10:51 am

Sri Mulyani: Indonesia’s Economy Resilient Despite US Tariffs, IMF Downgrade

... to weather increasing global economic uncertainties and keep its ... system stability and sustaining economic growth momentum,” Sri Mulyani ... spending, especially on pre-Eid benefits and social programs, ... Europe, to counter the impact of US trade barriers. Bank ...
Business Apr 24, 2025 | 1:49 pm

Bogor Mayor 'Regrets' Closure of Two Hotels Amid Booking Decline

... to declining bookings and the impact of the central government' ... bookings from government agencies. “The economic situation is not in good ... reaches the President. The impact of budget cuts and intensifying ... 28.9 percent. “The Eid holiday season offered a brief ...
Business Apr 17, 2025 | 2:42 pm

Prabowo to Meet Investors, Economists to Address US Tariffs, Market Concerns

... China and ASEAN. Chief Economic Affairs Airlangga Hartarto said the ... will address our broader economic outlook, including our response ... reopen Tuesday after the weeklong Eid holiday, and analysts are ... ’s Absence Has Little Impact on Trump Tariff Negotiations ...
Business Apr 7, 2025 | 8:13 pm

IDX Braces for A Significant Drop After Eid Holiday as Asia Markets Plunge Over Trump Tariffs

... trading resumes after the weeklong Eid holiday break. “We expect ... bigger concern is the impact and potential crises for small ... resolution, economists warn of prolonged economic uncertainty. “Market uncertainty and ... 10 percent rate. “The impact of the trade war ...
Business Apr 7, 2025 | 1:41 pm

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

... expected to experience the largest economic impact. Outside Java, Sumatra (especially Lampung ... the Decline The decline in Eid economic activity coincides with broader macroeconomic ... warned. Typically, Ramadan and Eid drive economic growth, but in 2025, the ...
Business Mar 31, 2025 | 8:03 pm

Rising Costs, Layoffs Force Millions to Rethink Eid Homecoming Plans

... soaring transportation fares. Meanwhile, economic uncertainty and a wave ... in homecoming trips could impact local small businesses that ... and tourism—key seasonal economic drivers—could also suffer. ... economic strain comes at a time when Ramadan and Eid ...
Business Mar 19, 2025 | 10:31 am

JCI Extends Losses, Gold Hits Record as Markets Await BI, Fed Decision

... , according to the Institute for Economic and Social Research at the ... pressures from Ramadan and Eid festivities could impact future price levels. “We ...
Business Mar 19, 2025 | 9:30 am

Deflation and Layoffs Weaken Indonesia’s Ramadan Spending

... to rise ahead of Eid, fueled by government disbursement ... Ramadan and Eid shopping. In 2025, however, economic uncertainty has ... Read More: $3 Billion Eid Bonus for Civil Servants to ... concerns about economic fundamentals. To cushion the impact of inflation ...
Business Mar 3, 2025 | 8:57 pm

$3 Billion Eid Bonus for Civil Servants to Stimulate Spending, Says Govt

... , typically disbursed ahead of Eid. The bonus is equivalent ... positive impact on macroeconomic stability and support Indonesia’s economic ... Nyepi and Eid al-Fitr, which will stimulate economic activity ... consumer spending ahead of Eid. The 2025 allocation for ...
Business Mar 3, 2025 | 6:01 pm

MUFFEST+ Celebrates A Decade of Making Indonesian Modest Fashion Go Global

... . They also bring positive impact to the well-being local ... place just a month before Eid al-Fitr. People could ... find their Eid and Ramadan inspirations at the ... in transactions, considering the current economic situation in Indonesia," Irvan Mahidin ...
Special Updates Feb 28, 2025 | 1:34 pm

Government Spending Cuts Cost Bandung Hotels Rp 12.8 Billion

... due to event cancellations. "The impact of this budget efficiency policy ... this situation continues beyond the Eid holiday, hotels may be forced ... the policy to prevent further economic fallout in the hospitality sector ...
Business Feb 14, 2025 | 4:37 pm

JCI Slides, Rupiah Strengthens as Indonesia Faces Spending Cuts and Global Uncertainty

... without significant political or economic shifts. President Prabowo Subianto ... demand ahead of Ramadan and Eid. However, industry leaders ... of potential slowdowns post-Eid due to seasonal factors, ... ongoing uncertainty over the impact of recent US tariffs ...
Business Feb 7, 2025 | 7:20 pm

Gov’t Mulls ‘Work from Anywhere’ Policy Ahead of Eid Holidays

... traveled during last year’s Eid holidays. Transportation Minister Dudy ... is set to have an impact. So we have to ... Just last week, Chief Economic Affairs Minister Airlangga Hartarto revealed ... discount rate for the upcoming Eid holiday. Last Christmas, Indonesians ...
News Feb 5, 2025 | 7:28 am

Indonesia’s Efforts to Reduce Airfares Could Clash with VAT Increase

... He suggested that the impact of the VAT increase ... further market disruption and economic losses," Wijayanto added. M ... also highlighted the potential economic strain if airlines are ... , except perhaps during the Eid holidays," Taufikurahman said. Meanwhile ...
Business Dec 2, 2024 | 9:00 pm

Apindo: BI Should Focus on Rupiah Stability, Maintain 6.25 Pct Rate

... BI to anticipate the impact of global economic fluctuations on the domestic ... at the Coordinating Ministry for Economic Affairs office in Jakarta on ... season and reduced demand post-Eid Al-Fitr celebrations in April ...
Business Jul 16, 2024 | 3:24 pm

BI Keeps Rates Unchanged, Prioritizing Stability Amidst Global Uncertainties

... system to support sustainable economic growth. Loose macro-prudential ... stability and support sustainable economic growth amidst high uncertainty ... subsided during the 2024 Eid al-Fitr period compared ... could have a negative impact on domestic price levels ...
Business May 22, 2024 | 3:18 pm

Manpower Minister Addresses 'Too Many Holidays' Debate: Collective Leave is Optional

... the ongoing debate about the impact of "too many holidays" on ... and collective leave, can spur economic growth by boosting tourism. "Many ... major religious celebrations, such as Eid al Fitr and Christmas. He ...
Business May 21, 2024 | 10:04 am

Jakarta Loses Its Sparkle Amid Fewer Newcomers

... 000 people this Eid. Last year’s post-Eid break, Jakarta ... in the 2024 post-Eid break have attained an ... “Digitalization has brought a positive impact on declining urbanization. We see ... province arrivals, Jakarta remains an economic hub for Indonesia. The ...
News Apr 30, 2024 | 12:58 pm

Finance Minister Forecasts Indonesia's Q1 2024 Economic Growth at 5.17 Percent

... Indrawati predicts Indonesia's economic growth in the first ... contractions due to the impact of global economic turmoil. "Supported by ... the numerous public holidays before Eid al-Fitr. Cement consumption, ... , such as Ramadan and Eid, and structural long-term ...
Business Apr 26, 2024 | 1:18 pm
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