The Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), welcomed 51 international students through a series of orientation activities that introduced the academic environment of FEB UGM and the social and cultural life in Yogyakarta.
A widely circulated infographic on social media recently claimed that Indonesia ranks as the second-poorest country in the world, reporting a poverty rate of 60.3 percent, compared with Zimbabwe’s 84.2 percent, and attributed the figures to the World Bank.
Lecturer at the Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), as well as the Poverty and Inequality Research Division/EQUITAS (Equitable Transformation for Alleviating Poverty and Inequality), Wisnu Setiadi Nugroho, Ph.D., said that the World Bank has never issued any documents through the Global Poverty Line, Poverty and Inequality Platform (PIP), nor the Macro Poverty Outlook that mentions Indonesia as the second poorest country in the world.
Students from the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), have once again achieved outstanding success on the international stage.
The shadow economy, economic activities that go unrecorded, poses a challenge to a country’s economy.
Indonesia’s economy continues to grow. However, behind this achievement, more than half of Indonesian workers still earn wages below the minimum standard.
Gold prices continue to strengthen in the global market, in line with rising investor demand for safe-haven assets amid growing global uncertainty.
Prof. Nurul Indarti, Sivilokonom., Cand.Merc., Ph.D., undertook an academic visit to Melbourne, Australia, from 13 to 20 December 2025, under the “Peningkatan Kerjasama Promotor PMDSU” (PKP-PMDSU).
Retirement is often perceived as a time to rest after decades of working.
The phenomenon of overwork, defined as excessively long working hours, has become a reality for many workers in Indonesia.
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