The invitation to collaborate with domestic retail players shows Southeast Asian countries interest in brands from Indonesia. With this collaboration, local brands are expected to reach the global market.
The limited availability of land makes the price of land and houses in Jakarta very expensive. As a result, there is inequality in residential ownership that is not easy to overcome.
In the midst of a slowing global economy and the declining trend of leading export commodities, Indonesia s economy is still growing by 5.17 percent. This was supported by household consumption which strengthened throughout the second quarter of 2023.
President Joko Widodo (Jokowi) instructed the military and police to help residents to clear debris from houses damaged by the earthquake that hit in November .