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Economy & Investment

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May 16, 2024

Jakarta Globe - May 16, 2024

Jayanty Nada Shofa, Jakarta – President-elect Prabowo Subianto recently said that he was confident in achieving 8 percent economic growth within the first two or three years of his pres

May 15, 2024

Bloomberg News - May 15, 2024

Grace Sihombing and Faris Mokhtar – Indonesia's President-elect Prabowo Subianto is setting his sights on becoming the world's fastest-growing economy early in his term, with more aggre

Jakarta Post - May 15, 2024

Deni Ghifari, Jakarta – Preliminary data from Bank Indonesia (BI) point to just a slight rise in retail sales last month even as consumer confidence jumped by a respectable margin.

May 14, 2024

Jakarta Post Editorial - May 14, 2024

Jakarta – Once again, our economic momentum has been saved by private consumption, as the country's latest GDP report shows.

Straits Times - May 14, 2024

Hariz Baharudin, Jakarta – More Singapore companies are seeking help to enter and grow their business in Indonesia, attracted by the large market size and up-and-coming sectors in South

May 8, 2024

Bloomberg News - May 8, 2024

Faris Mokhtar – In mid-April, executives from foreign business chambers descended upon the home of an Indonesian minister to call for the removal of a new imports rule, a sign of the pr

Jakarta Globe - May 8, 2024

Vinnilya, Jakarta – Despite Indonesia's robust economic growth, Chief Economist at Mirae Asset Sekuritas, Rully Arya Wisnubroto, cautioned the government about the declining trend in co

May 7, 2024

Tempo - May 7, 2024

Annisa Febiola, Riri Rahayu, Majalah Tempo, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan disclosed the latest updates on

Jakarta Post Editorial - May 7, 2024

Jakarta – The recent visits of the CEOs of Apple and Microsoft to Indonesia are highly encouraging for the country's business climate and have strengthened its reputation as a thriving

Jakarta Post - May 7, 2024

Deni Ghifari, Jakarta – Buoyed by elevated domestic consumption during the Islamic festive season and the presidential election, Indonesia's economy again exceeded market expectations a

May 6, 2024

Jakarta Globe - May 6, 2024

Arnoldus Kristianus, Jakarta – Based on the latest data from the Central Statistics Agency (BPS) via the National Labor Force Survey (Sakernas), Indonesia's unemployment number decrease

May 3, 2024

Jakarta Globe - May 3, 2024

Anisa Fauziah, Jakarta – Despite major implications from the continued strengthening of the US dollar, Finance Minister Sri Mulyani Indrawati said on Friday that the Indonesian economy

Jakarta Globe - May 3, 2024

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) has reported that inflation in April remained well within the central bank's target range, indicating the success of consistent mone

May 2, 2024

Tempo - May 2, 2024

Jakarta – Coordinating Minister for Economic Affairs, Airlangga Hartarto, promotes Indonesia's Special Economic Zones to British investors, assuring them of certainty in doing business

Vietnam Plus - May 2, 2024

Jakarta – The International Monetary Fund (IMF) has given some comments on Indonesia's economy as the country is undergoing a government transition from President Joko Widodo to Preside

Jakarta Globe - May 2, 2024

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) recorded a monthly inflation rate of 0.25 percent in April 2024, driven by rising transportation costs as millions of

April 30, 2024

Associated Press - April 30, 2024

Jakarta – Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia – the single largest investment in Microsoft's

Benar News - April 30, 2024

Ahmad Syamsudin, Dili, Timor-Leste – Jose do Santos was once a construction foreman in Dili who oversaw the rise of buildings symbolizing Timor-Leste's progress after its triumphant vot

April 29, 2024

Jakarta Globe - April 29, 2024

Jayanty Nada Shofa, Jakarta – Indonesia has recorded foreign direct investments (FDI) worth Rp 204.4 trillion, approximately $12.5 billion, in the first quarter of 2024, the government

April 26, 2024

Jakarta Globe - April 26, 2024

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati predicts Indonesia's economic growth in the first quarter of 2024 will reach 5.17 percent, driven by strong househo

April 25, 2024

Jakarta Globe - April 25, 2024

Jakarta – The Job Creation Law is expected to create a more inclusive economy for Indonesia, according to the task force that is in charge of promoting the policy.

April 19, 2024

Tempo - April 19, 2024

Annisa Febiola, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, revealed tech giant Apple's plans for a substantial investment i

April 18, 2024

Jakarta Globe - April 18, 2024

Arnoldus Kristianus, Jakarta – Indonesia will need a total investment of at least Rp 7,130 trillion ($440.8 billion) to attain economic growth of up to 5.6 percent next year, a governme

April 16, 2024

Indonesia at Melbourne - April 16, 2024

Trissia Wijaya – Indonesia's president-elect, Prabowo Subianto, committed to deepening relations with China in a meeting with President Xi Jinping on Monday, 1 April.

Jakarta Post - April 16, 2024

Deni Ghifari, Jakarta – Further escalation in the Middle East conflict could pose multi-layered economic risks to Indonesia, ranging from further capital outflows to weaker gross domest

April 15, 2024

Jakarta Globe - April 15, 2024

Jayanty Nada Shofa, Jakarta – The Indonesian economy will likely slow down if the Middle East conflict worsens following Iran's retaliatory strike on Israel, according to experts.

Tempo - April 15, 2024

Yudono Yanuar, Jakarta – Indonesia has secured the third spot among the top 20 most competitive countries in Asia to attract investors, based on research conducted by the financial and

April 14, 2024

Jakarta Globe - April 14, 2024

Muhammad Ghafur Fadillah, Jakarta – Astra International (ASII), a leading business conglomerate, intends to propose a dividend payout amounting to Rp 21 trillion ($1.3 billion), represe

April 8, 2024

Jakarta Globe - April 8, 2024

Jayanty Nada Shofa, Jakarta – Indonesia's economy is expected to continue to grow by over 5 percent in 2024 and 2025, according to a report by ASEAN+3 Macroeconomic Research Office (AMR

April 2, 2024

Jakarta Post - April 2, 2024

Yohana Belinda, Jakarta – Inflation rose to 3.05 percent year-on-year (yoy) in March, following continued increases in key food prices across the country amid the Ramadan festive period

April 1, 2024

Straits Times - April 1, 2024

Linda Yulisman, Jakarta – Years of work at a factory enabled Ms Sari Sartika Dewi to enrol to study law at a private university in Karawang, West Java, in 2018.

Jakarta Globe - April 1, 2024

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) revealed that the monthly inflation rate reached 0.52 percent in March.

March 28, 2024

Tempo - March 28, 2024

Antara, Jakarta – Indonesia remains attractive for foreign investors to invest in government projects amid the government's leadership transition, Antara news agency cited a Gran

March 20, 2024

Jakarta Post Editorial - March 20, 2024

Jakarta – Micro, small and medium enterprises (MSMEs) play a bigger role in the overall economy in Indonesia than they do in any other ASEAN country, according to the International Mone

Jakarta Globe - March 20, 2024

Jayanty Nada Shofa, Jakarta – Indonesia is now closer to booking another deal with China related to a photovoltaic (PV) glass project in North Kalimantan.

March 19, 2024

Jakarta Globe - March 19, 2024

Arif Perkasa, Jakarta – Indonesia ranks 109th out of 181 countries in DHL's latest global connectivity report.

Jakarta Globe - March 19, 2024

Jayanty Nada Shofa, Jakarta – Indonesia wants to keep foreign investors to be its top source of investments again this year.

March 14, 2024

Jakarta Post - March 14, 2024

Jakarta – In a bid to bolster innovation-driven economic growth in Indonesia, Surakarta Mayor Gibran Rakabuming Raka has expressed his interest in adopting the United Kingdom's downstre

Jakarta Globe - March 14, 2024

Arnoldus Kristianus, Jakarta – The Institute for Development of Economics and Finance (Indef) predicts that economic growth in 2024 will only reach 4.8 percent, falling below the govern

March 10, 2024

South China Morning Post - March 10, 2024

Resty Woro Yuniar – Presumptive president-elect Prabowo Subianto's plan to accelerate Indonesia's economic growth to 8 per cent in the next five years is "delusional", economists have s

March 7, 2024

Jakarta Globe - March 7, 2024

Arnoldus Kristianus, Jakarta – Indonesia is setting its sights on an annual economic growth rate of at least 6 percent to elevate itself to the status of a high-income nation, a senior

March 6, 2024

Tempo - March 6, 2024

Antara, Jakarta – Presidential candidate Prabowo Subianto said that Indonesia, as a member of the G20, a gathering of many of the world's largest economies, must not let its people live

March 5, 2024

Jakarta Globe - March 5, 2024

Arnoldus Kristianus, Jakarta – Bank Indonesia Governor Perry Warjiyo expressed confidence on Tuesday that the economy would grow by over 5 percent this year, assuming the presidential e

Jakarta Globe - March 5, 2024

Arnoldus Kristianus, Jakarta.

March 1, 2024

Fulcrum - March 1, 2024

Manggi Habir – The next president of Indonesia will have his work cut out for him on the economic and competitiveness front, even if he continues with many of the existing policies his

Jakarta Globe - March 1, 2024

Alfi Dinilhaq, Jakarta – The Central Statistics Agency (BPS) reported a 0.37 percent monthly inflation in February.

Jakarta Globe - March 1, 2024

Jayanty Nada Shofa, Jakarta – French automobile brand Citroen is planning to start assembling its electric cars in Indonesia this July, a senior government official said on Friday.

February 28, 2024

Jakarta Globe - February 28, 2024

Muawwan Daelami, Jakarta – Electric vehicle manufacturer VKTR Teknologi Mobilitas (VKTR) officially started the construction of Indonesia's first completely knock-down (CKD) electric co

Jakarta Globe - February 28, 2024

Whisnu Bagus Prasetyo, Jakarta – Economists are urging the government to pay more attention to the middle class, not just the poor, to prevent social unrest.

Jakarta Globe - February 28, 2024

Jayanty Nada Shofa, Jakarta – Unlike Germany and the US, it is very unlikely for Indonesia to slip into a recession, President Joko "Jokowi" Widodo said on Wednesday.