Jakarta – With less than a month before leaving office, President Joko "Jokowi" Widodo was on a roll in the past week visiting multiple sites, where milestones of some downstream projec
Economy & Investment
Displaying 1 - 50 of 3252 Documents
September 30, 2024
September 28, 2024
Herman, Antara, Jakarta – The leadership dispute within the Indonesian Chamber of Commerce and Industry (Kadin) is nearing resolution following a meeting between Arsjad Rasjid, the chai
September 27, 2024
Jakarta – The hand of the government is apparent in Kadin's internal conflict between Arsjad Rasjid and Anindya Bakrie. This has no effect on the public.
September 26, 2024
Riandy Laksono – President-elect Prabowo Subianto has set an ambitious target of achieving 8% economic growth during his first term.
September 25, 2024
Alfida Rizky Febrianna, Jakarta – The smooth transition of power from the outgoing President Joko "Jokowi" Widodo to President-elect Prabowo Subianto is expected to positively impact In
Ruth Dea Juwita, Jakarta – The World Bank has thrown cold water on Indonesia's dream of becoming a high-income economy by 2045 and outlined some of the challenges middle-income countrie
Tenggara Strategics, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) is currently embroiled in a leadership dispute, with two figures – Anindya Novan Bakrie and Arsjad
September 23, 2024
Jakarta – The recent leadership turmoil within the Indonesian Chamber of Commerce and Industry (Kadin) has sparked widespread concerns about political interference by President Joko "Jo
September 18, 2024
Jakarta – Alibaba, one of GoTo's largest investors has confirmed its intention to remain a long-term shareholder of the Indonesian tech company, addressing market fears about overhang i
September 17, 2024
Whisnu Bagus Prasetyo, Tangerang – Chief Investment Minister Luhut Binsar Pandjaitan recently met with two of the world's wealthiest families in Bali to discuss plans for establishing f
September 16, 2024
Teguh Adi Prasetyo, Mita Amalia Hapsari, Jakarta – The power struggle within the Indonesian Chamber of Commerce and Industry (Kadin) escalated on Monday as both the newly-appointed chai
September 14, 2024
Heru Andriyanto, Monique Handa Shafira, Jakarta – Renowned business executive Anindya Bakrie was appointed chairman of the Indonesian Chamber of Commerce and Industry (Kadin) on Saturda
Nazarudin Latif, Jakarta – Triana Rahmawati, a mother of two, lost her publishing job in Jakarta earlier this year, forcing her family to cut back on spending drastically.
September 10, 2024
Jakarta – Investors in Indonesia invariably laud the "burgeoning middle class" as one of several things the country has going for it.
Jayanty Nada Shofa, Jakarta – A top brass at the Bank of America recently said that Indonesia should have no problem attracting trillions of rupiah of investments, including from foreig
Ilona Estherina, Jakarta – An economist from the Institute for Development of Economics and Finance (Indef), Eko Listyanto, asks President-elect Prabowo Subianto to shelve various polic
September 9, 2024
Jayanty Nada Shofa, Jakarta – Bank Indonesia announced Monday that people had become more confident in the country's economy, thus maintaining the trend of growing consumer optimism.
September 4, 2024
Dicky Kurniawan, Jakarta – Indonesian Investment Minister or Head of the Investment Coordinating Board (BKPM) Rosan Roeslani revealed the reason behind Tesla's decision not to invest in
Antara, Jakarta – Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced that Indonesia's investment realization for the first half of 2024
September 2, 2024
Ruth Dea Juwita, Jakarta – Indonesian unicorns, once thriving start-ups valued at over US$1 billion, seem to have lost their direction over the past few years with funding becoming incr
Ilona Estherina, Jakarta – Indonesia experienced a monthly deflation of 0.03 percent in August 2024, according to Statistics Indonesia (BPS).
August 31, 2024
Greget Kalla Buana and Anisa Indah Pratiwi – Indonesia's middle class is shrinking.
August 30, 2024
Jakarta – A declining middle class population in Indonesia is ringing alarm bells in the country, analysts have warned, even as the government introduces a raft of measures aimed at sup
August 29, 2024
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani admitted Wednesday that a 5-percent growth would not be enough for Indonesia to become a high-income country by its centennia
Sukma Kanthi Nurani, Ilona Estherina, Haura Hamidah and Rachel Faradiba, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto, held a meeting at his office on Tuesday
August 19, 2024
Deni Ghifari and Aditya Hadi, Jakarta – President Joko "Jokowi" Widodo says the green economy and Prabowo Subianto 's flagship free meals program will prop up economic growth next year
August 16, 2024
Alfi Dinilhaq, Jakarta – The government has set a 5.2 percent economic growth target in the 2025 State Budget Draft, marking the beginning of President Prabowo Subianto's administration
August 15, 2024
Winarno Jain, Jakarta – In the 10 years of Joko "Jokowi" Widodo's presidency (2014-2024) Indonesian economic growth has been sustainable, resilient and relatively high.
August 14, 2024
Jakarta – Conventional wisdom has it that, while Indonesia may have all sorts of problems, at least the country's macroeconomic fundamentals are in order.
August 11, 2024
Richaldo Hariandja – A black double-cabin, four-wheel-drive pickup truck stopped in front of a fresh fish store in Kampung Baru, Mangkupadi village, in North Kalimantan, and three Chine
August 8, 2024
Jayanty Nada Shofa, Jakarta – Indonesian consumers are becoming slightly more upbeat about the country's overall economic conditions as of July after months of weaker optimism, accordin
Alfida Rizky Febrianna, Jakarta – The Economic and Social Research Institute (LPEM) at the University of Indonesia's Faculty of Economics and Business (FEB UI) has reported a troubling
August 7, 2024
Ifan Ahmad, Celvin Moniaga Sipahutar, Jakarta – Indonesia's workforce is feeling the strain of the global economic slowdown, with a significant rise in job losses.
August 5, 2024
Amy Chew – Indonesia's President-elect Prabowo Subianto will face a challenging economic landscape when he takes office in October, marked by slowing growth and heightened geopolitical
Jayanty Nada Shofa, Jakarta – The Indonesian economy grew 5.05 percent year-on-year (yoy) in the second quarter of 2024, according to the Central Statistics Agency (BPS).
August 1, 2024
Rama Sukarta, Jakarta – The Central Statistics Agency (BPS) reported a deflation of 0.18 percent for July 2024, with the Consumer Price Index (CPI) dropping from 106.28 in June to 106.0
July 30, 2024
Deni Ghifari, Jakarta – South Korea has surpassed the US and Japan to become the third-largest foreign direct investor in Indonesia as two Seoul-based companies kickstarted the archipel
July 29, 2024
Yohana Belinda, Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says the government has decided to designate the Batang Integrated Industrial Zone (KITB
Jayanty Nada Shofa, Jakarta – Indonesia announced Monday that it already passed the halfway mark of its investment target as the archipelagic country collected Rp 829.9 trillion (almost
July 27, 2024
Alfi Dinilhaq, Paris – State-Owned Enterprises Minister Erick Thohir met with TikTok CEO Shou Zi Chew and YouTube CEO Neal Mohan to discuss the potential of Indonesia's digital economy,
July 26, 2024
Antara, Jakarta – The Indonesian government is aiming to reduce logistics costs from 14.29 percent to 8 percent of the Gross Domestic Product (GDP) to encourage more efficient and compe
Bella Evanglista, Jakarta – President Joko "Jokowi" Widodo officially inaugurated the operational phase of the Batang Integrated Industrial Area (KITB) in Central Java on Friday.
Jakarta – Indonesian President Joko Widodo on July 26 launched the second phase of an industrial complex in Central Java intended to attract investors looking to diversify their supply
July 25, 2024
Mita Amalia Hapsari, Jakarta – In a recent meeting at the Presidential Palace in Jakarta, Anna Bjerde, Managing Director of Operations at The World Bank, lauded Indonesia's impressive e
July 24, 2024
Jakarta – Indonesia will provide longer tax exemptions and other fiscal and non-fiscal benefits to investors in its special economic zones (SEZs), a senior government official has confi
July 23, 2024
Arnoldus Kristianus, Jakarta – The government is set to inaugurate four new Special Economic Zones (SEZ) with a total investment of Rp 161 trillion ($10 billion) in Batam, Sulawesi, and
Alfida Rizky Febrianna, Jakarta – The Financial Services Authority or OJK's plans to raise the online loan limit to Rp 10 billion ($617,549) is expected to be helpful for new businesses
July 22, 2024
Divya Karyza, Jakarta – The government has reaffirmed BYD's plan to build an electric vehicle (EV) factory in Indonesia after the Chinese automaker completed building its first Southeas
July 19, 2024
Tim Tempo, Jakarta – President-elect Prabowo Subianto expressed optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his
July 13, 2024
Jayanty Nada Shofa, Jakarta – Investment Minister Bahlil Lahadalia recently denied claims of China having a monopoly on foreign investments in Indonesia.