Greater Jakarta will have nine new malls by 2025, even though occupancy rates in Jakarta and Bodetabek (Bogor, Depok, Tangerang, and Bekasi) are declining, even before the Covid-19 pandemic, according to property consultant Colliers.
President Joko “Jokowi” Widodo said the government plans to ban single cigarette (loosie) sales through a government regulation, which will be drafted in 2023.
The Chinese government will remove the quarantine obligation for arrivals from abroad. This policy aligns with the Covid-19 status downgrade as a class B infectious disease.
According to World Bank, the average price of Indonesian rice has been the most expensive in Southeast Asia in the last decade. The high price of rice is one of the causes of poverty.
OJK is monitoring nonperforming loans in several Peer-to-Peer (P2P) lending firms. Currently, 18 of 102 P2P lenders have nonperforming loans (NPLs) above 5%.
The Charta Politika survey noted that three potential presidential candidates - Ganjar Pranowo, Anies Baswedan, and Prabowo Subianto - have voting barns in different regions.