Adrian Wail Akhlas, Jakarta – The government is going ahead with the plan to implement the so-called National Logistics Ecosystem (NLE) platform, expected to cut red-tape, reduce high l

Adrian Wail Akhlas, Jakarta – Finance Minister Sri Mulyani has said that the country's economic recovery from the COVID-19 pandemic will depend on the fiscal stimulus package and on eco

Kiki Siregar, Jakarta – The decision to re-impose a partial lockdown in Jakarta will hit the Indonesian economy this quarter, but these restrictions are necessary so that the economy ca

Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) is expected to shrink even further than projected in the third quarter as capital city Jakarta reimposes large-sca

Adrian Wail Akhlas, Jakarta – Indonesia expects a long road to full economic recovery after Jakarta brought back strict social restrictions measures amid a continued rise in the number

Adrian Wail Akhlas, Jakarta – Indonesia's retail sales fell again in July as consumers were still pessimistic, Bank Indonesia (BI) announced, as economists believe that indicators are s

Francisca Christy Rosana, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P.

Mardika Parama, Jakarta – The government's COVID-19 stimulus package for micro, small, and medium enterprises (MSMEs) is misguided and hampered by a lack of reliable data, experts have

Riska Rahman, Jakarta – The government is seeking to expand its business assistance program to around 3 million more small businesses affected by the COVID-19 outbreak by reallocating f

John McBeth, Jakarta – Retired general turned businessman and politician, Coordinating Minister for Maritime Affairs and Investment Luhut Panjaitan may cut a controversial profile, but

Harry Suhartono and Fathiya Dahrul – Indonesia's second-largest lender by assets says the nation's companies are set to demand more loans, as they scoop up assets made cheaper by the pa

Wilmar Salim, Bandung – Indonesia saw 5.32 percent economic contraction year-on-year (yoy) during the second quarter due to the impact of COVID-19.

Adrian Wail Akhlas, Jakarta – Indonesia's economy faces a "near-certain recession" in the third quarter this year, economists say, as a robust economic recovery will depend on whether t

Heru Andriyanto, Bogor – Indonesia has a month left to turn things around after experiencing a 5.32 percent contraction in its economy in the second quarter due to the economic impact o

Mardika Parama, Jakarta – High costs for logistics and electricity in Batam are burdensome for business, hampering the government's effort to attract investors to the free trade zone (F

Jakarta (Bloomberg) – Indonesia's efforts to revive the economy took a stumble as coronavirus outbreaks forced factories in one of its biggest manufacturing hubs to shut.

Dzulfiqar Fathur Rahman, Jakarta – President Joko "Jokowi" Widodo has launched the productive social assistance program for micro businesses to help them survive the economic crisis cau

Andree Surianta – For the past decade, the Indonesian government has stepped up efforts to mandate the use of the Indonesian language in all aspects of life.

Jakarta – President Joko "Jokowi" Widodo announced on Wednesday that the government will disburse Rp 2.4 million (US$161) in cash aid to micro and small enterprises starting next week t

Adrian Wail Akhlas, Jakarta – The government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus

Adrian Wail Akhlas, Jakarta – Indonesia is aiming to capitalize on the coronavirus crisis to conduct structural reforms including in human capital and infrastructure, among other things

Riska Rahman, Jakarta – The government has unveiled a new microcredit program (KUR) for laid-off workers and housewives who own micro-sized businesses to help them recover from the impa

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 – 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

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

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

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

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 – 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

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

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

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

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

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

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

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

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