Indonesia Officially Becomes an Upper Middle Class Country
Indonesia has been classified as an upper-middle-income country, the government has announced. “Today we have officially become a world middle...
economy indonesia
Finance Ministry Increase Value Added Tax
Finance Minister Sri Mulyani Indrawati has decided to increase Value Added Tax (VAT) from 10 to 11 percent, taking effect...
Indonesia’s Digital Economy Predicted Strongest in ASEAN
Vice President Ma’ruf Amin is encouraging all stakeholders to improve the digital economy sector so that the Indonesian economy can...
How did Indonesia’s Economy Come Around?
Studying the Indonesian economy from a historical perspective is essential. A deep understanding of history is needed to support sustainable...
The Hidden Benefits of an Economic Crisis
When we hear the phrase “Economic Crisis”, we think of the dystopian world we have all seen in the movies....
World Bank Predicts Indonesia’s Economic Growth in 2020
The World Bank has predicted that Indonesia’s economic growth figures for 2020 will contract between 1.6% and 2%. This projection...