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

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

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

Joao da Cruz Cardoso – Timor-Leste, like many other countries, has experienced considerable economic hardship due to the COVID-19 pandemic.

Jakarta – A tax discount for buyers of automobiles will not be effective in increasing economic growth. A comprehensive stimulus policy package is needed.

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

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

Antara, Jakarta – The State Secretariat hoped that the issuance of 49 derivative regulations of the Job Creation Law, or Law No.

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

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

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

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

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

Herman, Arnoldus Kristianus, Jakarta – Inflation in Indonesia has slowed down to the lowest level in three months in January.

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

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

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.

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.

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Nina A.

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

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

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)

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

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.

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

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

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

Adrian Wail Akhlas, Jakarta – The government aims to lure Japanese companies into relocating to Indonesia, as it launched on Wednesday an integrated data platform to spur investment and

Adrian Wail Akhlas, Jakarta – Indonesia's economic downturn is likely to be worse than previously expected as Southeast Asia's largest economy struggles to contain the coronavirus pande

Francisca Christy Rosana, Budiarti Utami Putri, Jakarta – Institute for Development of Economics and Finance (Indef) economist, Bhima Yudhistira Adhinegara, argues that the constant cha

Caesar Akbar, Jakarta – An economic observer from the Institute for Development of Economics and Finance (Indef), Ahmad Heri Firdaus, opined that the strong objection voiced by people t

Rizki Fachriansyah, Jakarta – The government is encouraging the middle-income segment to spend more through online shopping platforms to help improve spending amid the economic downturn

Linda Yulisman, Jakarta – The Indonesian government has introduced a special micro-loan for entrepreneurial women from low-income families to help them grow their small businesses, as t

Herman, Jakarta – The annual inflation rate in Indonesia has inched up for the first time this year in September driven by an increase in some raw food prices, as consumer demands remai

Dzulfiqar Fathur Rahman, Jakarta – The majority of small businesses might have to shut down within six months, as the restrictions aimed at containing COVID-19 are bringing the Indonesi