07:43 Video: Indonesia is running out of money, is the modern retail industry safe? News – 1 hour ago

Jakarta, CNBC Indonesia – Some time ago, President Joko Widodo admitted that Indonesia was experiencing a money drought. This condition has been recognized by several entrepreneurs in a number of sectors. So what about the modern retail industry, especially since there are incentives for purchasing property under IDR 2 billion?

Meutia Kumala Co-Founder & Managing Director of PT Home Center Indonesia (Informa) said there was a shift in customer purchases to adjust prices.

For further details, watch Dina Gurning with Meutia Kumala Co-Founder & Managing Director of PT Home Center Indonesia (Informa) in the Manufacture Check segment on CNBC Indonesia’s Evening Up Program, Friday (08/12/2023).

Watch live streaming of other CNBC Indonesia TV programs here