Jakarta – The Coordinating Minister for Economic Affairs Airlangga Hartarto has named members of prominent business lobby groups along with government officials, academics and journali

Jakarta – Next year, the Jokowi administration will have to face the threat of a global recession.

Jakarta (Bisnis) – President Joko "Jokowi" Widodo said he wanted Indonesia to open as wide as possible investment for iron, steel, and petrochemical sectors, which are believed to be a

Dias Prasongko, Jakarta – Trade Minister Agus Suparmanto ensured there will be no charge for online trade or e-commerce operators registering their businesses.

Jakarta – Family businesses account for almost all of businesses in Indonesia, employing millions of people and boosting the economy.

Jakarta – President Joko "Jokowi" Widodo has issued a regulation that requires online storefronts to apply for an official business permit from the government, among other things, in a

Heru Andriyanto, Jakarta – Indonesian top business executives must take significant actions to deal with an anticipated global downturn if they want to emerge as winners, since the cou

Eisya A.

Marchio Irfan Gorbiano, Jakarta – Indonesia's gross domestic product (GDP) is expected to grow by only 4.9 percent this year and further decline to 4.7 percent in 2020 – the slowest pa

Arnoldus Kristianus, Jakarta – The government now requires sellers on e-commerce platforms to apply for a business permit to be able to continue operating, one of the government's firs

Jakarta – Indonesia will experience a sizable increase in growth of the digital and technology sectors next year, particularly in financial technology, potentially raising professional

Faisal Maliki Baskoro, Jakarta – Indonesia's annual inflation rate slowed to 3 percent in November, thanks to declining costs of raw foods and air transportation, the Central Statistic

Jakarta (Antara) – Vice President Ma'ruf Amin has called for more production of halal products to enable Indonesia to become a major exporter of halal products.

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has officially issued a regulation that streamlines all business licensing toward the Investment Coordinating Board (BK

Marchio Irfan Gorbiano and Riza Roidila Mufti, Jakarta – President Joko "Jokowi" Widodo has ordered the Investment Coordinating Board (BKPM) to handle all forms of licensing previously

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has instructed the Investment Coordinating Board (BKPM) to process all forms of licensing in a move that is expected to

Diana Mariska, Bali – The government remains strongly committed to the agenda for more startups in the country by establishing a new directorate as the breeding ground for hundreds of

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo reiterated his determination to improve Indonesia's investment climate at the Regional Leadership Communication Forum (

Jakarta – A key group in Indonesia's parliament expressed support on Wednesday for a plan by President Joko Widodo to replace dozens of existing, overlapping laws with bills to improve

Marchio Irfan Gorbiano, Jakarta – The government is planning to change course in its revision of a regulation on the negative investment list (DNI), saying that it will instead begin p

In the Central Java province of Indonesia, amid a patchwork of rice fields and farms where sugar and indigo crops once dominated, garment factories are now bustling.

Andita Rahma, Jakarta – Attorney General ST Burhanuddin said he would study all regional regulations that were considered hindering investment.

Karlis Salna – Indonesia is Southeast Asia's biggest economy, with one of the biggest labor pools in the world.

Adrian Wail Akhlas, Jakarta – Online streaming services such as US-based Netflix and Malaysia-based Iflix are contributing to the country's sluggish economic growth as investment in in

Marchio Irfan Gorbiano, Jakarta – Indonesia's economic growth reached 5.02 percent in the third quarter, the lowest level in more than two years, with investment failing to contribute

Dion Bisara & Faisal Maliki Baskoro, Jakarta – Indonesia's economy expanded at its slowest pace in two years in the third quarter as investment continued to taper and economic acti

Indonesia posted another quarter of slowing growth Tuesday, its weakest pace in two years, as Southeast Asia's biggest economy feels the sting of slumping commodity prices.

Karlis Salna, Rieka Rahadiana and Viriya Singgih – Indonesia's economic growth has barely moved in three quarters, prompting some analysts to cast doubt about the data.

Adrian Wail Akhlas, Jakarta – Indonesia's economic growth is expected to slow to 4.9 percent in the third quarter of this year as weak global demand affects trade and weakens manufactu

Riska Rahman, Jakarta – Indonesia recorded a slight increase in consumer prices in October as lower foodstuff prices offset hikes in those of food and beverages, cigarettes and tobacco

Riska Rahman, Jakarta – Sluggish car sales throughout the year coupled with weakening commodity prices have taken a toll on diversified conglomerate PT Astra International.

Triyan Pangastuti, Jakarta – Foreign direct investment in Indonesia jumped 18 percent in the third quarter from the same period last year, marking a return of confidence as concerns ov

Jakarta – Indonesian textile, garment and tire manufacturers are benefiting from the ongoing trade war between the United States and China, leading to optimism that Southeast Asia's la

Nur Yasmin, Jakarta – The local arm of American multinational information technology company IBM amped its agenda on accelerating digital trade in Indonesia.

Dion Bisara, Jakarta – Indonesia failed to improve its rank in the latest ease of doing business list issued by the World Bank, falling short of President Joko "Jokowi" Widodo's promis

Adrian Wail Akhlas, Jakarta – Indonesia's ranking in the World Bank's Ease of Doing Business (EODB) index has remained stagnant at 73rd despite efforts to attract investment by removin

Herman, Jakarta – A new book by senior economists Faisal Basri and Haris Munandar repeats an old warning that Indonesia risks falling into the so-called middle-income trap, reminding r

Jakarta – The Asian Development Bank (ADB) has approved a US$100 million intermediary loan to the government to help kickstart private sector investments in infrastructure projects as

Arys Aditya, Viriya Singgih and Karlis Salna, Bloomberg News – Joko Widodo was inaugurated as Indonesia's president for a second five-year term and faces an early test to shore up supp

Eisya A.

Nur Yasmin, Jakarta – President Joko "Jokowi" Widodo must shift his government's focus to increasing productivity in the domestic manufacturing industry and improving the investment cl

Jakarta – The International Monetary Fund has kept its economic growth projection for Indonesia at 5 percent this year and 5.1 percent next year, while issuing a warning that the globa

Jakarta (VNA) – The Indonesian government on October 11 officially inaugurated Sorong Special Economic Zone (SEZ) on an area of 523.7 hectares in Sorong district, West Papua province.

Jakarta – Indonesia's ranking in the World Economic Forum's global competitiveness index dropped five places in 2019 to 50th out of 141 economies, while Singapore takes over the United

Dewey Sim – Indonesia is the "only loser" among Asean countries for failing to attract manufacturers seeking to bypass higher tariffs from the US-China trade war, two private sector ec

Eko Wahyudi, Jakarta – Center for Indonesian Policy Studies (CIPS) researcher Pingkan Audrine Kosijungan said the government should take preventive measures to safeguard its national e

Made Anthony Iswara, Batu, East Java – The Trade Ministry will revise 18 ministerial regulations considered to be hampering exports and investments while possibly revoking some of them

Jakarta (Bloomberg) – Indonesian President Joko Widodo said he will introduce sweeping changes to labour rules by the end of the year and open up more sectors of the economy to foreign

Jakarta – Indonesia is far from done in its campaign to squeeze more value from its abundant natural resources, and its next target could be one of the most ubiquitous commodities of a

Gayatri Suroyo and Maikel Jefriando, Jakarta – Indonesia's biggest student demonstrations in decades will test President Joko Widodo's pledge to go all out in his second term to boost