Livestream
Special Interview
Video Streaming
Monday, 28 May 2018 11:27

Headlines

Written by 
Rate this item
(0 votes)

Besides long holidays, Lebaran in 2018 will make the business world more exciting. Businesspeople, especially in the tourism sector, are prepared to welcome the tens of millions of travelers who will spent their money up to hundreds of trillions of rupiah in their respective regions. Transportation infrastructure, such as toll roads, national roads, double track railways, and airports, are ready to serve travelers who will celebrate Idul Fitri 1439 Hijri in their respective villages. Ministry of Transportation predicts nationwide the number of Lebaran 2018 travelers as many as 19.5 million people or up 10-15 percent compared from 2017. The pattern of movement of people in homecoming causes a large number of economic activities. According to Kompas's note, the circulation of money during Lebaran 2017 was around Rp 163.6 trillion. Indonesia estimates the circulation of money will be around Rp 200 million or increase around 10-12 percent this year. The value is almost seven times the value of West Java regional budget. The economic activities will grow more and more  after the government provides holiday allowances and the 13th salary for officials, state apparatuses and retirees.

The prices of some basic staples have increased at the second week of Ramadhan 1439 H. Based on reports from various regions across the country, the increased prices can be found at chicken eggs and flour. Chairman of the Association of Traditional Traders of Indonesia, Abdullah Mansuri said meat demand is low and the percentage is around 47 percent in Ramadan. He assumed that such condition occurs because some people may consume fish and Tempe.

The development of an industrial estate in Morowali brings about widespread effects to the region's economic growth. The people of Morowali Regency, Central Sulawesi did think before that that their lives would be as prosperous as they are today. When compared to the condition five years ago, their average monthly earnings were saddening, and far from being enough. The development of industrial parks in Morowali District creates widespread effects to regional and national economic growth. Regent of Morowali , Anwar Hafid said that the move is in accordance with the Nawacita of the present government led by President Joko Widodo and Vice President Jusuf Kalla who have built Indonesia from the periphery.

Read 1061 times Last modified on Thursday, 31 May 2018 07:56