Developments in the oil sector and Covid-19 vaccine aid from China and Japan will improve Timor-Leste's economic prospects, according to the Economist Intelligence Unit (EIU).

Fairuz Amanda Putri, Jakarta – Coordinating Minister for Maritime Affairs and Investment Affairs, Luhut Binsar Pandjaitan, said that the International Monetary Fund (IMF) is amazed at t

Jakarta – Indonesia's central bank is expected to keep its key interest rate steady next week as the economy gradually reopens after a recent devastating COVID-19 wave, while a record h

Dzulfiqar Fathur Rahman, Jakarta – British investors in Indonesia say running businesses in the country has become easier in some ways following the enactment of the Job Creation Law, b

Grace Sihombing and Claire Jiao – Indonesian consumers were the most pessimistic in 16 years as the government imposed prolonged lockdown measures to curb the virus outbreak that crippl

Iris Zeng, Singapore – Prioritizing digital trade is crucial to Indonesia's economic recovery and growth especially during the Covid-19 pandemic, according to experts from a recent webi

Jakarta – Indonesia's central bank will keep its benchmark interest rate at a record low on Thursday (Aug 19) as it tries to continue to support the economic recovery without adding mor

Novy Lumanauw, Triyan Pangastuti, Jakarta – Indonesia has launched a risk-based online single submission system for business licensing on Monday, a long-delayed milestone that the gover

Gayatri Suroyo Jakarta (Reuters) – Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making

Caesar Akbar, Jakarta – Statistics Indonesia or BPS Head Margo Yuwono said Indonesia had technically escaped the recession since the economy grew positively, both quarterly and annually

Jayanty Nada Shofa, Jakarta – Shenzhen-based tech firm Huawei recently unveiled its plans to bolster the Indonesian startup ecosystem, making the country an important part of its $100-m

Heru Andriyanto, Jakarta – The Netherlands has moved up ranks to become the third-largest source of foreign investment for Indonesia in the second quarter of the year.

Jayanty Nada Shofa, Jakarta – Central Java Governor Ganjar Pranowo pledges support for the province's industrial estate development, seeking to boost investment in the manufacturing ind

Heru Andriyanto, Jakarta – President Joko "Jokowi" Widodo vowed on Tuesday to continue with business reforms in his government's attempts to improve the ease of doing business despite t

Strong performance in the oil sector has boosted Timor-Leste's 2021 GDP growth forecast from 2.5 to 4 per cent, according to the Economist Intelligence Unit (EIU).

Emma Connors, Singapore/Jakarta – Tens of thousands of new COVID-19 cases each day have forced the Indonesian government to suspend months of careful planning to reopen the economy as i

Tabita Diela, Bernadette Christina, Jakarta – Indonesian business groups on Thursday urged authorities to ensure there is enough financial support for companies, warning that otherwise

Arlina Arshad, Singapore – Indonesian President Joko Widodo has officially granted special economic zone (SEZ) status to a technological park and an aircraft maintenance facility in Bat

Mark Lempp, Jakarta – The general recovery of business activity in Indonesia has done little so far to reduce credit risks at companies under financial pressure, according to S&P Gl

Dzulfiqar Fathur Rahman, Jakarta – The information and communications technology (ICT) sector is expected to lead economic growth in Indonesia both this year and in 2022, as the COVID-1

Dzulfiqar Fathur Rahman, Jakarta – Indonesia's inflation rate picked up in May both on an annual and monthly basis as prices of food commodities and transportation services rose during

Jayanty Nada Shofa, Jakarta – Indonesia will have the largest green industrial area in the world, according to President Joko "Jokowi" Widodo.

Dzulfiqar Fathur Rahman, Jakarta – The government is planning to postpone the launch of an online platform that aims to make it easier for investors to submit documents and secure licen

Timor-Leste's Petroleum Fund (PF) is 'well capitalised' to support economic growth, although it is currently being hampered by the pandemic, according to the Economist Intelligence Unit

Shotaro Tani, Jakarta – Two of Indonesia's largest tech startups, Gojek and Tokopedia, announced on Monday they will merge, a move that will create one of Southeast Asia's biggest tech