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Search result with “The Power Of Ramadan” as a keyword founded 31 news.

Warning Signs Flash as Indonesia's Factory Sector Contracts Sharply

... director of the Center of Reform on Economics (CORE), echoed the concerns, stating the PMI ... to fading seasonal spending after Ramadan (the fasting month in March), continued ... . He warned that unless purchasing power is restored, a return to ...
Business May 5, 2025 | 6:03 pm

Indonesia Records 1.65 Percent Inflation in March

... . The government had halved electricity prices for households with a power capacity of ... between 450 and 2,200 volt-amperes in the ... May 2022. For context, the fasting month of Ramadan began on March 1 ...
Business Apr 8, 2025 | 12:20 pm

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

... unusual for the start of the year,” Nailul explained. Weaker Purchasing Power Raises Concerns ... than the 5.11 percent recorded in Q1 2024. “During Ramadan and ... . Typically, Ramadan and Eid drive economic growth, but in 2025, the trend ...
Business Mar 31, 2025 | 8:03 pm

Eid Travel and Spending Decline in 2025, Government Pushes Stimulus

... School, attributes the decline in spending to weakened purchasing power, driven by ... years, since March 2000. The weakening purchasing power is also reflected in ... the Ramadan and Eid momentum will support economic growth in the first quarter of ...
Business Mar 27, 2025 | 5:09 pm

Puan Brushes Off Jokowi-PDIP Rift, Calls Ties 'Always Warm'

Jakarta. Senior Indonesian Democratic Party of Struggle (PDI-P) politician Puan ... Bobby Nasution. The split followed a drawn-out power struggle that escalated ... rebuilding Indonesia requires collective effort. Ramadan, she added, should be a ...
News Mar 21, 2025 | 8:09 pm

Travel Spending During Eid Holidays Estimated at Rp 375 Trillion

... with family and friends, marking the end of the Ramadan fasting month. Widiyanti cited ... make transportation more affordable during the Ramadan exodus,” she explained. However, her ... , and a decline in purchasing power due to recent layoffs.
Business Mar 19, 2025 | 9:07 pm

Frugal Ramadan Spending Puts Pressure on Indonesia's Economy

... ). Declining Purchasing Power and Deflation One of the primary factors behind ... activity usually rises by the second week of Ramadan, with increased transactions ... increase purchasing power," Syafruddin warned, emphasizing the importance of stabilizing food ...
Business Mar 19, 2025 | 2:39 pm

Rising Costs, Layoffs Force Millions to Rethink Eid Homecoming Plans

... suffer. The economic strain comes at a time when Ramadan and Eid ... preparations, making this period the peak of Indonesia's consumption cycle. Achmad ... Simanjorang attributed the drop to mass layoffs, weaker purchasing power, and poor ...
Business Mar 19, 2025 | 10:31 am

Indonesia's Eid Holiday Financial Turnover to Weaken to $8.3 Billion

... , according to the country's chamber of commerce Kadin. ... the Eid traveler volume to massive layoffs, weakening purchasing power, ... the Ramadan and Eid period. Sarman claimed that 60 percent of the ... money would circulate around the Java island ...
Business Mar 19, 2025 | 9:38 am

Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns

... slowdown, according to the Jakarta chapter of the Indonesian Shopping Center Management ... the decline reflects weakening consumer purchasing power. The impact is particularly evident in the ... a surge in visitors during Ramadan, also experienced a downturn. “ ...
Business Mar 17, 2025 | 5:00 pm

Beverage Producers Try Their Best to Avoid Layoffs as Excise Looms

... weakening purchasing power and the government's massive spending cuts. The Indonesian Soft ... reported that the fasting month of Ramadan would account for 40 percent of the total ... purchasing power is currently under pressure. But the government is thinking of ...
Business Mar 5, 2025 | 8:44 pm

Deflation and Layoffs Weaken Indonesia’s Ramadan Spending

... momentum during Ramadan, but concerns about purchasing power persist. While the political landscape ... food and transportation rose ahead of Ramadan. This year, that rebound has ...
Business Mar 3, 2025 | 8:57 pm

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

... of around Rp 50 trillion, aims to significantly increase household purchasing power ... during Ramadan 2025 will be a key driver of economic growth. The THR ... period, preventing excessive spending at the end of Ramadan. “However, there are indications ...
Business Mar 3, 2025 | 6:01 pm

Kurdish PKK Militants Declare Ceasefire in 40-Year Insurgency in Turkey

... the reconfiguration of power in neighboring Syria after the toppling of President Bashar Assad, the weakening of the ... left in the air or bitten.” Speaking at a Ramadan fast-breaking ...
News Mar 2, 2025 | 4:57 am

Gov't Cuts VAT on Economy-Class Airfare to Ease Holiday Travel Costs

... growth and assist travelers during the Ramadan and Eid holiday season. “To ... % discount on domestic flights. Ramadan marks one of the busiest travel seasons in ... , the number of travelers this year may decline due to weakening purchasing power. The ...
Lifestyle Feb 28, 2025 | 9:00 pm

Religious Affairs Minister Reminds of Interfaith Tolerance As Ramadan Nears

... now, Muslims around the world will enter the fasting month of Ramadan. Muslims will ... Nasaruddin's upcoming sermon show "The Power of Ramadan" which will exclusively air on ... invited people of other faiths to enter the holy month of Ramadan together. He ...
Lifestyle Feb 13, 2025 | 7:31 am

How to Respond to Government Spending Cuts

... rate and bolstering the local agricultural sector. The House of Representatives has approved ... and negotiating power. Many of these forums expect delegations from the capital, and ... various regions to prepare for the Ramadan season. They coordinated with local ...
Opinion Feb 11, 2025 | 7:40 am

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

... mothers. The Public Works Ministry will bear the brunt of the cuts, ... and export demand ahead of Ramadan and Eid. However, ... costs. Adhi S. Lukman of the Indonesia Employers Association (Apindo) ... as declining consumer purchasing power and limited raw material ...
Business Feb 7, 2025 | 7:20 pm

National Food Supply Secure as Indonesia Prepares for Ramadan

... to meet the public's needs during the holy month of Ramadan," Arief said ... on Tuesday. Despite Ramadan being a month of ... (THR), boosting purchasing power and demand. According to the updated food balance ...
News Feb 5, 2025 | 11:07 am

12% VAT Could Slash Indonesian GDP by Rp 21 Trillion: Analyst

... ). He noted that the VAT increase would weaken purchasing power, dampen public ... consumption during Ramadan, which falls in March. “The seasonal effect of Ramadan could drive ... quarterly economic growth above 5 percent in the ...
Business Dec 5, 2024 | 9:31 pm
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