Agatha Olivia V, Fadhli Ruhman, Jakarta – Indonesia's economy in the second quarter of 2022 is still concentrated on Java Island, according to Head of Indonesia Statistics (BPS) Margo Y
Economy & Investment
August 6, 2022
August 5, 2022
Hendartyo Hanggi, Jakarta – Statistics Indonesia (BPS) Head Margo Yuwono said policies of subsidies and social aid, as well as benchmark interest rates, were quite effective in controll
Jakarta – Indonesia's economic growth accelerated in the second quarter of 2022 despite global uncertainty, official data showed Friday, thanks to soaring commodity prices and easing CO
Jakarta – Indonesia's economy has accelerated in the second quarter against a gloomy global economic backdrop, thanks to windfall revenue from rising prices of its commodity exports and
August 1, 2022
Grace Sihombing and Claire Jiao – Consumer prices in Indonesia rose by the fastest pace in nearly seven years in July, driven by stubbornly high food costs.
July 29, 2022
Jakarta – President Joko "Jokowi" Widodo returned Friday from his week-long trip to three Northwest Asia countries after securing or strengthening investment commitments worth $11.9 bil
July 28, 2022
Jakarta – Toyota Motor Corporation, the largest car company in the world, plans to increase its investment in Indonesia over the next five years to tap into the Southeast Asian country'
July 26, 2022
Jakarta – Japanese automotive giant Mitsubishi Motors Corporation, or MMC, has pledged $666 million in additional investment in Indonesia over the next three years as it seeks to expand
July 22, 2022
Ali Akhmad Noor Hidayat, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said that Saudi Arabia did not want to lose Indonesia as its partner.
July 21, 2022
Jakarta – The Asian Development Bank, or ADB, has revised up its growth forecast for Indonesia to 5.2 percent this year, reflecting the country's robust domestic consumption and windfal
July 20, 2022
Jakarta – Foreign direct investment into Indonesia has accelerated to a new record high from April to June this year, highlighting the country's robust economic recovery amid a prolonge
July 14, 2022
Primus Dorimulu, Jakarta – President Joko "Jokowi" Widodo said he was optimistic Indonesia's economy could have expanded 5.1 percent in the last quarter, supported by increasing public
Muhammad Hendartyo, Jakarta – The Institution for Development of Economics and Finance (Indef) researcher Nailul Huda assessed that the fuel subsidy policy is still needed because it co
July 13, 2022
Jayanty Nada Shofa, Jakarta – The Indonesian government is encouraging its youth to embrace entrepreneurship as the country's demographic dividend – a situation in which the productive-
July 1, 2022
Bisnis.Com, Jakarta – Statistics Indonesia or BPS reported that the country's annual inflation rate reached 4.35 percent in June, while the monthly inflation rate was 0.61 percent.
June 25, 2022
Novy Lumanauw, Bogor – President Joko "Jokowi" Widodo has instructed his cabinet to make sure that Taiwanese tech company Hon Hai Precision Industry Co.
June 22, 2022
Antara, Jakarta – The World Bank saw the possibility that Indonesia's economic growth rate could slow down to 4.6 percent this year, affected by unstable global conditions.
June 20, 2022
Ravi Buddhavarapu – President Joko Widodo denied that Indonesia has turned protectionist during his tenure, saying the gates remain open to all players – including Tesla – that want to
June 16, 2022
Evarianus S, Mecca Yumna, Manokwari – Investment Minister Bahlil Lahadalia has urged regional governments in West Papua Province to implement a healthy bureaucracy and offer security gu
June 2, 2022
Jakarta – The May inflation in Indonesia has accelerated to the highest level since December 2017, as the celebrations for the Islamic holiday Idul Fitri push costs for consumers across
May 24, 2022
Yanuar Fajari and Siwage Dharma Negara – While total investments into Indonesia have increased over the years, much of these were driven by a rapid increase in domestic direct investmen
May 19, 2022
Parker Novak – This week, Timor-Leste will celebrate its 20th anniversary as an independent nation and inaugurate Jose Ramos-Horta as its new president.
Randy Mulyanto and Sophie Raynor, Jakarta, Indonesia – East Timor's president-elect won the Nobel Peace Prize in 1996 for his efforts to liberate his country, but Jose Ramos-Horta may f
May 18, 2022
Triyan Pangastuti, Jakarta – The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia is optimistic that Tesla will realize an investment in Indonesi
May 15, 2022
Jakarta – President Joko "Jokowi" Widodo met Tesla Inc Chief Executive Elon Musk on Saturday in Texas to discuss potential investments and technology, Indonesia's government said in a s
May 14, 2022
Jakarta – President Joko "Jokowi" Widodo has a certain fascination with tech tycoons.
May 13, 2022
Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently promoted Indonesia's enormous potential in industrial raw materials, green energy, and digital economy to American
May 9, 2022
Claire Jiao and Grace Sihombing – The Indonesian economy grew steadily in the first quarter as stronger exports helped offset the omicron-induced weakness in domestic consumption.
The Ukraine military offensive and the economic sanctions against Russia are putting Indonesian manufacturers in a tight spot, as increasing import costs eat into profit margins.
Antara, Jakarta – Statistics Indonesia recorded a 5.01 percent growth in Indonesia's first-quarter economy (YoY) which is said to be attributed to recovering economic activities post Co
May 8, 2022
Jakarta – Bank Rakyat Indonesia, or BRI, the country's second-largest lender by asset, said its loan disbursement to the small and medium business, or SME, a segment in the first quarte
May 5, 2022
Bengaluru – Indonesia's annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to s
April 26, 2022
Jakarta – Coordinating Minister for the Economic Affairs Luhut Binsar Pandjaitan has met Tesla Chief Executive Officer Elon Musk in Austin, Texas, on Tuesday to discuss the possibility
April 19, 2022
Lona Olavia, Jakarta – Industri Baterai Indonesia, an electric battery joint venture of state-owned miners and energy companies, announced two-part investments from Chinese and South Ko
April 11, 2022
Jakarta – Indonesia's biggest tech firm soared in early Jakarta trade Monday following an initial public offering that closed last week.
April 7, 2022
Herman, Jakarta – The digital economy could potentially become the new engine of growth due to the massive spread of digital technologies that transforms many aspects of people's way of
April 6, 2022
Jakarta – The Asian Development Bank, or ADB, has projected Indonesia's economy to expand by 5.0 percent in 2022 and 5.2 percent in 2023 on the back of recovering demand, according to t
March 30, 2022
Jakarta – Pulp and paper producer APRIL Group on Tuesday announced it is investing Rp 33.4 trillion, equivalent to more than $2 billion, in the construction of a new sustainable paperbo
March 23, 2022
Gayatri Suroyo (Reuters), Jakarta, Indonesia – The International Monetary Fund (IMF) has trimmed its economic growth forecast for Indonesia in 2022 to 5.4 percent, down from 5.6 percent
March 14, 2022
Jakarta – The latest Digital Competitiveness Index (DCI) report paints a rosy picture of digitalization in Indonesia, mainly thanks to the development of infrastructure, particularly te
February 18, 2022
Heru Andriyanto, Jakarta – The government will need an "out of the box" strategy that can significantly boost new investments after President Joko "Jokowi" Widodo set a target of Rp 1,2
February 17, 2022
Hans Nicholas Jong, Jakarta – The Indonesian government has opened itself up to litigation by unilaterally revoking hundreds of permits for logging concessions, plantations and mines, a
February 11, 2022
Jakarta – The Indonesian economy recovered with growth of 3.69 percent in 2021 from a contraction of 2.07 percent in 2020.
February 8, 2022
Antara, Jakarta – Statistics Indonesia (BPS) of Papua Province stated that the regional economy recorded a growth of 15.11 percent in 2021.
Jakarta – Indonesia may soon rejoin the upper-middle income country again after continuing a robust recovery from the Covid-19 slump in the fourth quarter of 2021, a senior government o
February 6, 2022
Wahyudi Soeriaatmadja, Jakarta – Indonesia is expecting higher inflation after long periods of relatively stable prices under President Joko Widodo.
February 2, 2022
Herman, Jakarta – The Central Statistics Agency, or BPS, reported on Wednesday that the food, beverages, and tobacco expenditure group was the largest contributor to the 0.56 percent in
Jakarta – Indonesia has seen its highest inflation in more than two years in January, driven by increases in foods, beverages, tobacco products prices, and utility costs.
January 28, 2022
Ade Junida, Uyu Liman, Jakarta – Investment Minister and head of the Investment Coordination Board (BKPM), Bahlil Lahadalia, has said that he is aiming to revive 25 percent of stalled f
January 26, 2022
Jakarta (VNA) – The International Monetary Fund (IMF) has downgraded Indonesia's 2022 economic growth forecast to 5.6 percent in 2022, from 5.9 percent in its October report, due to the