Jakarta – The foreign direct investments into Indonesia has grown rapidly first quarter this year, reflecting investors' confidence in Indonesia's structural reform as global investment
Economy & Investment
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April 27, 2021
April 26, 2021
Jakarta – Foreign direct investment (FDI) into Indonesia rose 14% in rupiah terms in the first three months of 2021 on the year, data from investment board BKPM showed on Monday.
April 21, 2021
Jayanty Nada Shofa, Jakarta – The National Development Planning Agency, or Bappenas, revealed that achieving net-zero emission would help Indonesia save the environment and escape the m
April 9, 2021
Budiarti Utami Putri, Jakarta – The House of Representatives (DPR) has officially given a green light for President Joko "Jokowi" Widodoto establish a new ministry dubbed the Investment
April 7, 2021
Jayanty Nada Shofa, Jakarta – Today, the Indonesian young generation stands to benefit from its rapid growth and capital market development that present ample investment returns in the
March 29, 2021
Mass vaccination would be the only way to bring economic recovery to Indonesia, which has been pounded by the slowdown induced by the social distancing measures due to the COVID-19 pand
March 26, 2021
Antara, Jakarta – President Joko "Jokowi" Widodo on Friday called on all regents in the country to provide exceptional services for exports and investments as he said both were key to t
Jayanty Nada Shofa, Jakarta – Key bilateral agreements, including expropriation protection and double-taxation prevention set to enter into force this year, would spur foreign direct in
March 24, 2021
Dion Bisara, Jakarta – The United Arab Emirates has announced a plan to invest $10 billion in the Indonesia Investment Authority, or INA, the largest commitment from a single country to
March 18, 2021
Ankur Tanwar, Indonesia – Southeast Asia's biggest economy – will be propelled by consumption in the months ahead in a boost that will raise corporate revenues and reduce leverage, acco
March 12, 2021
Herman, Jakarta – Japanese automotive giants Honda, Suzuki, and Mitsubishi Motors have pledged a combined investment of at least $1.2 billion in Indonesia over the next few years to exp
March 1, 2021
Joao da Cruz Cardoso – Timor-Leste, like many other countries, has experienced considerable economic hardship due to the COVID-19 pandemic.
February 27, 2021
Jakarta – A tax discount for buyers of automobiles will not be effective in increasing economic growth. A comprehensive stimulus policy package is needed.
February 25, 2021
Herman, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said that the Indonesian government was still in discussion with American electric ca
Shotaro Tani, Jakarta – In a bid to spur both domestic and foreign investment, Indonesia has designated 245 industries as "priority" and will offer incentives to attract capital to thos
February 22, 2021
Jakarta (Reuters) – Indonesia's government has issued a new regulation on investment following the passage of its job creation law last year, which includes the removal of some restrict
Antara, Jakarta – The State Secretariat hoped that the issuance of 49 derivative regulations of the Job Creation Law, or Law No.
February 19, 2021
Herman, Triyan Pangastuti, Jakarta – Bank Indonesia, or BI, the country's central bank, has cut its benchmark interest rate by 25 basis points to a record low of 3.5 percent and drop th
February 16, 2021
Triyan Pangastuti, Muhammad Ghafur Fadillah, Novy Lumanauw, Jakarta – The government has increased the Covid-19 and national economic recovery (PC-PEN) fund by 19 percent and provided t
February 6, 2021
Triyan Pangastuti, Arnoldus Kristianus, Nasori – Jakarta – The government is confident Indonesia's economy would return to an expansion mode in the first quarter this year, banking on t
February 5, 2021
Indonesia's gross domestic product (GDP) fell slightly more than expected in the fourth quarter, tipping Southeast Asia's largest economy into its first full-year contraction in more th
February 1, 2021
Herman, Arnoldus Kristianus, Jakarta – Inflation in Indonesia has slowed down to the lowest level in three months in January.
January 25, 2021
Triyan Pangastuti, Jakarta – Indonesia attracted $7.7 billion in foreign direct investment last year, only down slightly from the year-earlier as the largest economy in Southeast Asia m
January 24, 2021
Grace Sihombing and Haslinda Amin – Indonesia sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus ou
January 20, 2021
Grace Sihombing – Indonesia is set to remove energy, communications and tourism from a list of sectors restricted to foreigners in a bid to boost investments and create jobs.
January 18, 2021
Jakarta – Deutsche Bank Indonesia projects that investors will be lured back to the country's domestic capital market, given the stronger rupiah and supportive interest rates.
January 16, 2021
Jakarta – The government is once again unfurling an electric car program. It needs a comprehensive and consistent policy to allow the old dream to not collapse.
January 5, 2021
Yoolim Lee – Indonesia's ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public off
January 4, 2021
Adrian Wail Akhlas, Jakarta – Indonesia's economic growth is expected to rebound this year after it fell in 2020 into its first recession since the 1998 Asian financial crisis, but the
December 28, 2020
Jakarta – Competition in Indonesia's heavy equipment market, which has already been hit hard by depressed mineral prices and investment during the COVID-19 pandemic, will become much fi
December 27, 2020
Jakarta – Indonesia's economic situation is expected to improve soon, as the government is preparing a number of recovery plans, Coordinating Economic Minister Airlangga Hartanto has sa
December 22, 2020
Riska Rahman, Jakarta – The government has further downgraded this year's economic growth forecast amid the rise in COVID-19 cases ahead of the Christmas and New Year holidays, as well
December 19, 2020
Ester Nuky, Sanya Dinda, Jakarta – Indonesia's and South Korea's $9.1 billion electric car battery joint venture project has gotten a boost after the two countries signed a comprehensiv
December 15, 2020
Dzulfiqar Fathur Rahman, Jakarta – Indonesia's abundant nickel reserves and the Job Creation Law may help the country attract investment from American electric automaker Tesla, an exper
Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) is expected to shrink by 2 percent at worst or grow by 0.6 percent at best in the fourth quarter of this year, Coo
November 27, 2020
Ridho Syukra, Jakarta – American food and giant Cargill has invested $100 million in its Indonesian subsidiary Sorini Agro Asia Corporindo to expand a sweetener factory in Pandaan, East
November 26, 2020
Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo addressed on Wednesday 50 global business leaders in a virtual dialogue held by the World Economic Forum, in which he promot
November 24, 2020
Mardika Parama, Jakarta – Indonesia is collaborating with the World Economic Forum (WEF) to host a virtual forum on Wednesday that focuses on economic recovery in the country and the go
November 23, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's economy is expected to return to growth in 2021 after facing a recession this year, economists say, but unemployment and poverty may rise furth
November 19, 2020
Adrian Wail Akhlas, Jakarta – The lack of confidence in the economy among upper-middle-class citizens presents a hurdle for the nation's economic recovery, Finance Minister Sri Mulyani
November 17, 2020
Triyan Pangastuti, Jakarta – Contemporary Amperex Technology, or CATL, a battery manufacturer from China, has decided to invest $5.1 billion to build a manufacturing plant for electric
November 11, 2020
Jakarta – Indonesia's digital economy sets to expand by 11 percent to $44 billion in 2020 from $40 billion last year, showing resilience amid the Covid-19 pandemic that wreaks havoc on
Nina A.
November 3, 2020
Jakarta – Indonesia's assumed entry into its first economic recession since the 1998 Asian financial crisis will probably be confirmed by third quarter gross domestic product data (GDP)
Francisca Christy Rosana, Jakarta – An economist from the Institute for Development of Economics and Finance (Indef), Bhima Yudhistira Adhinegara, argued that President Joko Widodo or J
November 2, 2020
Dzulfiqar Fathur Rahman, Jakarta – Meybi Agensya Neolaka, born and raised in Kupang, East Nusa Tenggara, started her drumstick leaves company Timor Moringa two years ago with the simple
October 24, 2020
Dzulfiqar Fathur Rahman, Jakarta – Foreign direct investment (FDI) picked up in the July to September period from the pandemic-induced declines recorded in the preceding two quarters.
October 23, 2020
Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo called on ministers and regional leaders on Thursday to keep inflation in check and expedite stimulus spending in an effort
October 21, 2020
Adrian Wail Akhlas, Jakarta – The economic crisis brought about by the COVID-19 outbreak has taken a toll on state-owned enterprises (SOEs) in the energy, transportation and infrastruct
October 16, 2020
Riska Rahman, Jakarta – Slowing loan growth and rising savings point to a continued plunge in economic activity in the third quarter of this year as consumer spending weakens, economist
