Jakarta – President Joko "Jokowi" Widodo has a certain fascination with tech tycoons.

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently promoted Indonesia's enormous potential in industrial raw materials, green energy, and digital economy to American

Antara, Jakarta – Statistics Indonesia recorded a 5.01 percent growth in Indonesia's first-quarter economy (YoY) which is said to be attributed to recovering economic activities post Co

Claire Jiao and Grace Sihombing – The Indonesian economy grew steadily in the first quarter as stronger exports helped offset the omicron-induced weakness in domestic consumption.

The Ukraine military offensive and the economic sanctions against Russia are putting Indonesian manufacturers in a tight spot, as increasing import costs eat into profit margins.

Jakarta – Bank Rakyat Indonesia, or BRI, the country's second-largest lender by asset, said its loan disbursement to the small and medium business, or SME, a segment in the first quarte

Bengaluru – Indonesia's annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to s

Jakarta – Coordinating Minister for the Economic Affairs Luhut Binsar Pandjaitan has met Tesla Chief Executive Officer Elon Musk in Austin, Texas, on Tuesday to discuss the possibility

Lona Olavia, Jakarta – Industri Baterai Indonesia, an electric battery joint venture of state-owned miners and energy companies, announced two-part investments from Chinese and South Ko

Jakarta – Indonesia's biggest tech firm soared in early Jakarta trade Monday following an initial public offering that closed last week.

Herman, Jakarta – The digital economy could potentially become the new engine of growth due to the massive spread of digital technologies that transforms many aspects of people's way of

Jakarta – The Asian Development Bank, or ADB, has projected Indonesia's economy to expand by 5.0 percent in 2022 and 5.2 percent in 2023 on the back of recovering demand, according to t

Jakarta – Pulp and paper producer APRIL Group on Tuesday announced it is investing Rp 33.4 trillion, equivalent to more than $2 billion, in the construction of a new sustainable paperbo

Gayatri Suroyo (Reuters), Jakarta, Indonesia – The International Monetary Fund (IMF) has trimmed its economic growth forecast for Indonesia in 2022 to 5.4 percent, down from 5.6 percent

Jakarta – The latest Digital Competitiveness Index (DCI) report paints a rosy picture of digitalization in Indonesia, mainly thanks to the development of infrastructure, particularly te

Heru Andriyanto, Jakarta – The government will need an "out of the box" strategy that can significantly boost new investments after President Joko "Jokowi" Widodo set a target of Rp 1,2

Hans Nicholas Jong, Jakarta – The Indonesian government has opened itself up to litigation by unilaterally revoking hundreds of permits for logging concessions, plantations and mines, a

Jakarta – The Indonesian economy recovered with growth of 3.69 percent in 2021 from a contraction of 2.07 percent in 2020.

Antara, Jakarta – Statistics Indonesia (BPS) of Papua Province stated that the regional economy recorded a growth of 15.11 percent in 2021.

Jakarta – Indonesia may soon rejoin the upper-middle income country again after continuing a robust recovery from the Covid-19 slump in the fourth quarter of 2021, a senior government o

Wahyudi Soeriaatmadja, Jakarta – Indonesia is expecting higher inflation after long periods of relatively stable prices under President Joko Widodo.

Herman, Jakarta – The Central Statistics Agency, or BPS, reported on Wednesday that the food, beverages, and tobacco expenditure group was the largest contributor to the 0.56 percent in

Jakarta – Indonesia has seen its highest inflation in more than two years in January, driven by increases in foods, beverages, tobacco products prices, and utility costs.

Ade Junida, Uyu Liman, Jakarta – Investment Minister and head of the Investment Coordination Board (BKPM), Bahlil Lahadalia, has said that he is aiming to revive 25 percent of stalled f

Jakarta (VNA) – The International Monetary Fund (IMF) has downgraded Indonesia's 2022 economic growth forecast to 5.6 percent in 2022, from 5.9 percent in its October report, due to the

Wahyudi Soeriaatmadja, Jakarta – Bolstered by the commodities boom, Indonesia's economy appears set for a rapid growth rebound in 2022 as a significant decline in Covid-19 cases and dea

Dewi Nurita, Jakarta – President Joko "Jokowi" Widodo announced the government has revoked the mining business permits (IUP) of 2,078 mineral and coal mining companies today, January 6.

Fajar Pebrianto, Jakarta – Coordinating Minister for the Economy Airlangga Hartarto said the government is set to roll out four new programs of the National Economic Recovery (PEN) next

Dili – After the dual shocks of COVID-19 and natural disasters, East Timor's economy is showing some signs of recovery and this year's gross domestic product (GD) growth in real terms i

Heru Andriyanto, Jakarta – India hopes to explore the largely untapped economic potentials in its relationship with Indonesia by making direct investments without a third country channe

Anuchit Nguyen and Ishika Mookerjee – Rising commodity prices and easing border restrictions will probably fuel economic growth that helps Indonesia's key stock index extend its record

Fransiska Nangoy and Bernadette Christina, Jakarta – A court ruling in Indonesia against a new jobs creation law could dim its investment outlook, experts said on Friday, in a potential

Jakarta – Indonesia is calling on the Asia-Pacific region to strengthen partnerships in empowering micro, small and medium enterprises – or MSMEs – as well as combating the climate cris

Dili – Prioritizing and improving the quality of public spending and increasing domestic revenue is crucial to promote inclusive and sustainable economic growth in East Timor, according

Grace Nadia Chandra, Triyan Pangastuti, Jakarta – Indonesia has secured $44.6 billion of investments commitment in agriculture, healthcare, digitalization, downstream mining, renewable

Claire Jiao and Grace Sihombing – Indonesia will likely catch up on growth in the fourth quarter as its all-important consumption engine returns to high gear.

Jakarta – Indonesia's economy expanded again in the third quarter, official data showed Friday, thanks to a pick-up in exports, but the rate slowed from the previous three months as the

Arjuna Pademme, Jayapura – Lawmaker of Papua Legislative Council John NR Gobai said that forest products and other natural resources in Papua were mostly controlled by investors, who ha

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.