Daniel A.

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Helmut Timothy & Vinnilya Huanggrio, Jakarta – Indonesia has what it takes to be among the world's largest economies by 2042, but this calls for collaboration across all sectors, in

Tenggara Strategics, Jakarta – Five state-owned corporate venture capitals (CVCs) have formally launched the Merah Putih Fund, raising US$300 million in its first fundraiser targeting "

Jayanty Nada Shofa, Jakarta – A senior government official on Monday revealed a global company is looking to invest in a petrochemical plant in Indonesia.

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Deni Ghifari, Jakarta – The annual consumer price index (CPI) rose markedly in August, after declining for five months in a row, due to higher inflation in the transportation category,

Jayanty Nada Shofa, Jakarta – The government Wednesday claimed that China's economic slowdown would not affect its investments in Indonesia amidst Beijing's plans to work on some major

Jayanty Nada Shofa, Jakarta – Indonesia is forecast to see a robust economic growth of above 5 percent this year thanks to domestic consumption and investment, according to the country'

Dicky Kurniawan, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan stressed that the US-based automaker Tesla wanted to invest in Indonesia's l

Divya Karyza, Jakarta – President Joko "Jokowi" Widodo has asked the banking sector to support the country's downstream industries, which the government hopes will boost the country's e

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo said Wednesday that Indonesia's economy would expand by 5.2 percent in 2024 when 204 million Indonesian voters will cast the

Jakarta – President Joko "Jokowi" Widodo claimed on Wednesday that Indonesia is recovering from the Covid-19 pandemic stronger than most countries worldwide as he unveiled more optimist

Pudja Lestari, Jakarta – Indonesia will need to exercise patience for another 18 months to ascertain whether global electric car giant Tesla Inc.

Jakarta – Indonesia's most recent gross domestic product (GDP) report, published by Statistics Indonesia (BPS) last Monday, shows that the country's economic growth is more robust than

Amy Heppy, Jakarta – The Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that Indonesia's economic growth in the second quarter of 2023 reached 5.17%, increasing

Stefanno Sulaiman and Gayatri Suroyo, Jakarta – Indonesia's economic growth in the second quarter accelerated unexpectedly to its highest rate in three quarters, shored up by strong hou

Jakarta – The government lacks neither enthusiasm nor effort when it comes to drawing global carmakers' attention to Indonesia's dream of becoming an electric vehicle (EV) hub.

Deni Ghifari, Jakarta – Indonesia saw inflation continue to drop in July, moving even closer to dropping below 3 percent, the lower bound of the central bank's target.

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently told his Chinese counterpart Xi Jinping to invest in Indonesia's durian plantations as Beijing's imports of the exo

Antara, Jakarta – Statistics Indonesia, or BPS, released the Development of the July 2023 Consumer Price Index on Tuesday, August 1.

Lauren Ong and Calvin Yang, Dili, Timor-Leste – Singapore-owned businesses are investing millions of dollars in Timor-Leste's leisure and hospitality sectors.

Antara, Jakarta – Indonesia's economic growth is the second-highest among G20 countries, as stated by Coordinating Minister for Economic Affairs Airlangga Hartarto on Wednesday, July 26

Amy Heppy, Jakarta – Indonesian Minister of Trade Zulkifli Hasan or Zulhas said the country's digital economy has shown great potential to contribute to the national economy in the past

Riani Sanusi Putri, Jakarta – Australia's Minister of Industry and Science Ed Husic visited the office of Indonesia's Coordinating Minister of Maritime and Investment Affairs Luhut Bins

Deni Ghifari, Jakarta – The Investment Coordinating Board (BKPM) has announced that two quarters into the year, the country is nearly halfway to its 2023 investment target and has expre

Jakarta – Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government i

Jayanty Nada Shofa, Jakarta – Indonesia has attracted Rp 678.7 trillion or about $45.2 billion in investment in the first half of 2023, putting the country almost halfway through its ta

Riani Sanusi Putri, Jakarta – A special staffer of Finance Minister Sri Mulyani for Strategic Communications, Yustinus Prastowo, rebutted the statement that Indonesia is a systemic fail

Thresa Sandra Desfika, Jakarta – Humpuss Maritim Internasional (HUMI), an oil and gas shipping company owned by Tommy Soeharto, plans to issue up to 2.7 billion new shares during the in

Jayanty Nada Shofa, Jakarta – Indonesia's recent promotion to the upper-middle income rank does not mean that the Southeast Asian country should be complacent especially if it aims to b

Amelia Rahima Sari (Antara), Jakarta – The World Bank listed Indonesia in the group of upper-middle-income countries again.

Jayanty Nada Shofa, Jakarta – Indonesia's business lobby group Kadin and the Western Australian government inked on Tuesday an action plan aimed at power investment cooperation on criti

Jayanty Nada Shofa, Jakarta – The total addressable market for Indonesia's electric vehicle (EV) ecosystem is set to surpass $20 billion by 2030, according to a joint study by AC Ventur

Jakarta – Halfway into 2023, the World Bank and the International Monetary Fund (IMF) have released separate reports on the state of Indonesia's economy.

Sally Brooks and Hellena Souisa – Solo Mayor Gibran Rakabuming, eldest son of Indonesian President Joko Widodo, has just handed out 61 electric motorcycles to government workers in the

Antara, Jakarta – Indonesia's Minister of Investment and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, has called upon global companies specializing in software cer

Aditya Hadi, Jakarta – The World Bank expects Indonesia's economy to slow down this year as foreign direct investment (FDI) plays a smaller role in the country's gross domestic product

Jayanty Nada Shofa, Jakarta – The World Bank has maintained its projection for Indonesia's economic growth to reach 4.9 percent in 2023 while expecting an uptick in growth over the medi

Zsazya Senorita, Jakarta – Tech company GoTo Gojek Tokopedia (GOTO) in collaboration with energy company TBS Energi Utama (TOBA) broke ground on an electric motorcycle assembly plant in

Jayanty Nada Shofa, Jakarta – Indonesia has great prospects as a digital economy giant as the country is home to the sixth-most startups in the world, according to a senior government o

Jayanty Nada Shofa, Jakarta – Economic think tank Celios revealed that Indonesia could fall into the Chinese debt trap if not careful, especially since the money that the ASEAN country

Arnoldus Kristanus, Jakarta – A senior government official on Thursday highlighted the crucial role played by micro, small, and medium enterprises (MSMEs) in driving the Indonesian econ

Jayanty Nada Shofa, Jakarta – Indonesia is too big to lean on any superpower, and it is willing to partner with anyone – and not just China – to develop its downstream industries, inclu

Leonard Cahyoputra, Jakarta – Toyota Motor Manufacturing Indonesia plans to invest Rp 2.5 trillion ($168 million) in a facility to build the hybrid electric version of the hatchback mod

Jayanty Nada Shofa, Jakarta – A Bank Indonesia survey recently revealed that the country's consumer confidence index or CCI has risen to 128.3 points in May, up by 2.2 points from April

Jayanty Nada Shofa, Jakarta – Indonesia and Malaysia have agreed to boost investment ties, as the former attempts to make its downstream industries – which aims to reduce exports of unp

Deni Ghifari, Jakarta – The Asian Development Bank (ADB) has signed a deal for a US$44.2 million loan for PT ALBA Tridi Plastics Recycling Indonesia, the Indonesian subsidiary of ALBA G

Aditya Hadi, Jakarta – Inflation has dropped to the lowest level in 12 months and is now back within Bank Indonesia's (BI) target range, yet a swift reduction of interest rates is not e

Arnoldus Kristianus, Jakarta – The inflation rate in May indicates a weakening trend after the post-Eid holiday period, even reaching the lowest inflation rate since January 2023, the C