Jakarta – Royke Tumilaar, the president director of the state-owned bank BNI, recently called for Indonesian youths to become entrepreneurs.

Moh. Khory Alfarizi, Jakarta – Pricewaterhouse Coopers Indonesia or PwC Indonesia released its latest report on the Indonesian economic outlook for 2023.

Aditya Hadi, Jakarta – Bank Indonesia (BI) projects annual inflation in the first half of this year will still hover above 5 percent year on year (yoy), according to the central bank ch

Yogi Eka Sahputra, Jakarta – The Central Statistics Agency for Batam reported a number of indicators of the city's economic growth which showed bright results.

Ali Akhmad Noor, Jakarta – Institute for Development of Economics and Finance (Indef) senior economist Aviliani on Thursday said the "political year" which comes ahead of the 2024 Gener

Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto has urged foreign investors to keep coming to Indonesia and invest in the country despite the intensifying politi

Antara, Jakarta – The Indonesian government received grants amounting to US$5.5 million (equivalent to 7.2 billion South Korean won or around Rp84 billion) from South Korea to increase

Jakarta – Indonesia's annual inflation picked up slightly in February, but its core inflation decelerated more than expected, data from its statistics bureau showed on Wednesday.

Faisal Rachman, Jakarta – Indonesia, being one of the world's largest producers and exporters of natural resource commodities, has been positively impacted by the global commodity windf

Cindy Frishanti Octavia, Kupang – Governor of East Nusa Tenggara (NTT) Viktor Bungtilu Laiskodat has said that 30-40 large industries will be built to support the development of economi

Claire Jiao and Norman Harsono – Indonesians should save less money and spend more on shopping, concerts and sporting events so that consumption can drive stronger economic growth, Pres

Rangga Pandu A J, Resinta S, Jakarta – Indonesian President Joko Widodo (Jokowi) called on all governors across Indonesia to encourage public spending in a bid to drive national economi

Antara, Jakarta – The Indonesian Government is targeting to pull in Rp1,650 trillion in investment in 2024, stated Coordinating Minister for Economic Affairs, Airlangga Hartarto, at the

Riani Sanusi Putri, Jakarta – President Joko "Jokowi" Widodo attended the inauguration of the Central Executive Board of the Young Indonesian Entrepreneurs Association (BPP HIPMI) on Mo

Jayanty Nada Shofa, Jakarta – Indonesia's 2022 economic growth is beating most G20 countries, but is still far behind the world's largest oil exporter Saudi Arabia, according to Chief E

Aditya Hadi, Jakarta – Slow growth in gross fixed capital formation (GFCF), or investment, points to problems in the real sector, analysts say, though they disagree on how big an issue

Antara, Jakarta – The Institute For Development of Economics and Finance (Indef) projects that Indonesia's economy will grow 4.9 percent in the first quarter of 2023 compared to the sam

Moh Khory Alfarizi, Jakarta – Head of Statistics Indonesia (BPS) Margo Yuwono stated in a virtual press conference said that the country's economic growth in 2022 reached 5.31 percent,

Jakarta – Although President Joko "Jokowi" Widodo, now in his ninth year in office, has never achieved the 7 percent annual economic growth he promised in the 2014 campaign, he must sti

Kiki Siregar, Jakarta – Indonesia's economy grew 5.31 per cent in 2022, the highest in almost a decade, marking a return to its growth patterns before the COVID-19 pandemic.

Jakarta – Indonesia is courting Tesla Inc to invest in the country, which has become a key player in the electric vehicle industrythanks to its rich nickel reserves.

Fransiska Nangoy, Gayatri Suroyo, Bernadette Christina, Jakarta – Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself ind

Oliver Dixon, Jakarta – The Polish embassy has sent a team to the site of Indonesia's yet-to-be-built new capital city Nusantara in East Kalimantan to get a better understanding of the

Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Panjaitan has said the government will be making a deal with Tesla very soon as negotiations have entered their fin

Jakarta – President Joko Widodo is confident Tesla will finalise a deal to invest in a production facility in Indonesia, having offered the US electric car maker incentives ranging from

Riri Rahayu, Jakarta – Indonesian National Development Planning Minister or Bappenas Head Suharso Monoarfa stated that the country's economic recovery continues and is getting stronger

Jayanty Nada Shofa, Jakarta – South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts an

Fadhil Haidar Sulaeman, Jakarta – Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstr

Heru Andriyanto, Jakarta – The materialized foreign direct investment in Indonesia stood at $45.6 billion last year which the government claimed to be the highest FDI in the country's h

Tenggara Strategics, Jakarta – Indonesia's discussion with electric automaker Tesla made headline again last week as Bloomberg reported that the two are closing in on a deal.

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

London – Tesla Inc is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing pe

Winarno Jain, Jakarta – Questions have been raised by many over what the economic prospects of 2023 look like. This is logical after the Indonesian economy grew strongly in 2022.

Fadhil Haidar Sulaeman, Jakarta – Finance Minister Sri Mulyani has said the geopolitical environment has undergone a "fundamental shift", creating heightened risks for the global econom

Jakarta – The year 2022 concluded with a slightly higher-than-expected headline inflation of 5.51 percent.

Antara, Jakarta – Finance Minister Sri Mulyani said that Indonesia will need to remain vigilant against a number of risks that many experts predict to hamper many countries in 2023, suc

Agnes Tahir Purba, Jakarta – Finance Minister Sri Mulyani Indrawati expressed confidence on Friday that Indonesia will not fall into recession this year despite the prospect of escalati

Fadhil Haidar Sulaeman, Jakarta – Higher domestic demand spurred a December rebound for Indonesian factories as core inflation rises to within the central bank's target, indicating an o

Sulistiyo Ardiyono and Arianto Patunru, ANU – Indonesia has placed a high bet on the manufacturing sector's revival by enacting the Omnibus Law on Job Creation, but the country might mi

Primus Dorimulu, Jakarta – State-Owned Enterprise Minister Erick Thohir expressed his appreciation for Qatar's recent major investments in Indonesia which nearly topped $3 billion this

Jakarta – President Joko Widodo or Jokowi has established an agreement with US President Joe Biden to develop electric vehicles, as a follow-up to the G20 Summit last month in Bali.

Jakarta – President Joko "Jokowi" Widodo has called for resuming vigilance over inflation as the price increase rate eased to a three-month low in November.

Soraya Permatasari and Yudith Ho – Indonesian President Joko Widodo said his nation won't follow a purely open economic model that he blamed for undercutting Latin America's growth pros

Dicky Kurniawan, Jakarta – The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, expressed optimism that Tesla would invest in the electric car industr

Dili, Timor Leste – Timor Leste inaugurated a new deepwater port Wednesday operated by a French conglomerate, in the largest ever single foreign investment on an infrastructure project

Fadhil Haidar Sulaeman, Jakarta – Multiple high-ranking government officials have raised serious concerns about the economic hardships to be faced in 2023, noting the necessity to mitig

Wike D. Herlinda, Jakarta – Fintech start-up Ajaib has decided to layoff 67 employees, joining the ongoing axing spree afflicting Indonesia's tech industry.

M Julnis Firmansyah, Jakarta – President Joko "Jokowi" Widodo in Wednesday's national investment coordination meeting in Jakarta urged policymakers to better facilitate investors to ent

Nabila Nurshafira, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan in a national coordination meeting among state ministries on Tuesday said spendin

Fadhil Haidar Sulaeman, Jakarta – President Joko "Jokowi" Widodo has called on his ministers to be prudent in policymaking as the country prepares to enter 2023.