Adrian Wail Akhlas, Jakarta – Economic recovery and structural reform will be at the core of the government's 2021 state budget policy as the COVID-19 pandemic paralyzes the economy an

Jakarta – Indonesia must use the pandemic to reboot South-east Asia's biggest economy, including by improving food and energy security, as well as processing more natural resources at

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo aims to push the country's economic recovery and structural reform amid the coronavirus-induced downturn in its proposed 20

Budi Sutrisno, Jakarta – President Joko "Jokowi" Widodo has called on people to support development amid the health and economic crisis.

Norman Harsono, Jakarta – President Joko "Jokowi" Widodo has reaffirmed that Indonesia's future natural resources policy will focus on "massive downstreaming" to produce higher-value p

Dzulfiqar Fathur Rahman, Jakarta – President Joko "Jokowi" Widodo has reiterated his commitment to eliminating overlapping regulations and developing more industrial parks across Indon

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government is planning to expand its social aid program and incentives for micro, small and medium enterprises (MSMEs) in an effort t

Adrian Wail Akhlas, Jakarta – Indonesia must focus on controlling the spread of the coronavirus to speed up the economic recovery, economists have said, arguing that the current health

Dzulfiqar Fathur Rahman, Jakarta – To attract investment in the post-COVID-19 period, Indonesia needs to step up its handling of the pandemic to ensure the economy can be reopened safe

Adrian Wail Akhlas, Jakarta – Economists have urged the government to ramp up state spending and control the coronavirus spread to speed up recovery as Indonesia's economy contracts fo

Yunindita Prasidya, Jakarta – The government's slow budget realization has hindered the country's economic recovery, as the COVID-19 pandemic puts continuous pressure on people's purch

Adrian Wail Akhlas, Jakarta – Indonesia's economy suffered its sharpest downturn since the 1998 Asian financial crisis in the second quarter, as the COVID-19 pandemic shut down large p

Arnoldus Kristanus, Jakarta – Indonesia's economy has shrunk by 5.3 percent in the second quarter this year, worse than many predictions, as government's sluggishness in stimulus spend

Jakarta – Inflation in Indonesia has slowed down in July to the lowest level in more than two decades, as consumer demand has yet to recover despite the government's decision to reopen

Jakarta – Moody's Investors Service, one of the major global credit rating agencies, has projected that the total earnings of Indonesian companies under the agency's watch would declin

Triyan Pangastuti, Jakarta – Foreign direct investment into Indonesia has dropped 6.9 percent in the second quarter from the same period last year, showing the latest sign of the count

Adrian Wail Akhlas, Jakarta – Indonesia's economy is on track for a significant contraction this year as the coronavirus crisis has hit the global economy more severely than previously

Yunindita Prasidya, Jakarta – Indonesia will benefit from the diversification of the global supply chain as multinational companies are looking into ways to reduce reliance on China to

Jayanty Nada Shofa, Jakarta – The Indonesian antitrust body's 'groundless' decision against Grab Indonesia sets a negative precedent for future foreign investments, the company's lawye

Jakarta – Indonesia is now officially an upper-middle income country, an upgrade from its previous status as lower-middle income, according to the World Bank's latest country classific

Adrian Wail Akhlas, Jakarta – Indonesia recorded the lowest annual inflation rate since 2000 in June, slightly below the central bank's target range, as the coronavirus pandemic upends

Dzulfiqar Fathur Rahman, Jakarta – Indonesians are finding it hard to secure business permits, especially for small and medium enterprises (SME), with a recent survey showing that the

Mardika Parama, Jakarta – Business associations and experts have welcomed the government's announcement on the relocation of foreign-owned production facilities to Indonesia, a positiv

Grace Sihombing and Arys Aditya – Indonesia is struggling to contain a surge in coronavirus cases in the world's fourth-most populous nation, casting doubts on the likelihood of a V-sh

Mardika Parama, Jakarta – President Joko "Jokowi" Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly fr

Yunindita Prasidya, Jakarta – Indonesia is still among the preferred Southeast Asian markets for investment amid the country's continuous fight against COVID-19, backed by strong house

Jakarta – The International Monetary Fund has cut its projection for the Indonesian economy while predicting the global economy would slump into a deeper recession this year.

Adrian Wail Akhlas, Jakarta – Indonesia's economy is on track for a significant contraction this year as the coronavirus crisis has hit the global economy more severely than previously

Adrian Wail Akhlas, Jakarta – The Asian Infrastructure Investment Bank (AIIB), a China-backed multilateral development bank, projects a gradual economic recovery for Indonesia as the c

Dzulfiqar Fathur Rahman, Jakarta – The government has established a special task force to attract businesses leaving China and facilitate their relocation to Indonesia.

Adrian Wail Akhlas, Jakarta – The Indonesian economy faces gloomier skies this year as the COVID-19 pandemic has yet to show any signs of subsiding, forcing government officials, the c

Riska Rahman, Jakarta – Major lender Bank Mandiri expects Indonesia's economy to contract in the second and third quarter of this year following restrictions imposed on social and econ

Dzulfiqar Fathur Rahman, Jakarta – Indonesia is expecting investment from American, Japanese and South Korean firms seeking to relocate their factories out of China and set up manufact

Adrian Wail Akhlas, Jakarta – The economy is projected to shrink 3.1 percent in the second quarter, the worst quarterly growth since the 1998 Asian financial crisis, due to the impact

Alya Nurbaiti, Jakarta – Businesspeople in the country are waiting for the government to announce a new economic strategy and guidelines amid its policy to relax COVID-19-related restr

Triyan Pangastuti, Dion Bisara, Jakarta – A second wave of Covid-19 would derail Indonesia's path to recovering its economy by next year, with unemployment and income losses holding ba

Adrian Wail Akhlas, Jakarta – The government is pinning its hopes on restarting the economy to kickstart recovery, despite the latest surge in new COVID-19 cases and as sales continue

Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) will grow at zero percent this year as the global economy is expected to see its deepest downturn since the Secon

Dzulfiqar Fathur Rahman, Jakarta – Indonesian business players are demanding the government provide an additional stimulus package of Rp 625.1 trillion (US$44.6 billion) in working cap

Francisca Christy Rosana, Jakarta – The Coordinating Minister for Maritime Affairs and Investments Luhut Pandjaitan assured that future foreign investors will be required to transfer t

Adrian Wail Akhlas, Jakarta – Indonesia's economy may shrink 3.5 percent this year should the large-scale social restrictions (PSBB) imposed by several regional administrations nationw

Jakarta – Indonesia posted its lowest inflation in almost two decades in May as restrictions to curb the coronavirus pandemic continued to suppress demands.

Richard Borsuk – It is lagging badly behind Asean rivals in the competition for foreign direct investment. Things could get rougher in post-Covid-19 world.

Dzulfiqar Fathur Rahman, Jakarta – Businesspeople are prepared to press on with the government's plan to gradually reopen the economy under health protocols to establish a "new normal"

Triyan Pangastuti, Jakarta – Relaxing the large-scale social restriction, or PSBB, as the Indonesian government seems to be planning to do, may not necessarily boost an economy laid lo

Arianto Patunru and Andree Surianta – Indonesian President Joko 'Jokowi' Widodo submitted a draft bill of the Omnibus Law on Job Creation to parliament this February in an attempt to i

Nasori, Dina Fitri Anisa, Jakarta – Finance Minister Sri Mulyani Indrawati said Indonesia would not compromise on the health of its population to reboot the country's economy after end

Arlina Arshad – Many countries around the world are expected to go into recession as a result of the Covid-19 pandemic, but in Indonesia, the outbreak is also threatening the reform pl

Adrian Wail Akhlas, Jakarta – The government is rolling out a Rp 641.17 trillion (US$43 billion) economic recovery stimulus, bigger than previous allocations, to soften the impact of C

Adrian Wail Akhlas, Jakarta – Indonesia's imports have fallen for 10 consecutive months in April as manufacturing companies cut production output while consumer demand continues to shr