Adrian Wail Akhlas, Jakarta – The government's economic growth target in 2020 is unrealistic given last year's sluggish economic expansion and looming risks from the coronavirus outbre

Diana Mariska, Beritasatu, Jakarta – Economic contraction in Indonesia's easternmost regions of Maluku and Papua has shown up an Achilles heel in the government's approach to developme

Riska Rahman, Jakarta – Coordinating Economic Affairs Minister Airlangga Hartarto says that the now global coronavirus outbreak from China might become one of main challenges for Indon

Adrian Wail Akhlas, Jakarta – Indonesia's economy grew 5.02 percent annually in 2019 because of weakening investments and exports, Statistics Indonesia (BPS) announced on Wednesday.

Triyan Pangastuti, Gora Kunjana, Jakarta – Indonesia's economy expanded by 5.02 percent in real terms last year, missing the government's growth target and posting its slowest growth i

Robert Wardi, Lona Olavia, Jakarta – The Indonesian economy managed to steer clear of global economic turbulence last year and is in a much stronger position to repeat the feat this ye

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo has signed a new regulation to allow Investment Coordinating Board (BKPM) head Bahlil Lahadalia to have five new expert sta

Jakarta – In a bid to boost economic growth, Bank Indonesia (BI), the country's central bank, cut in October 2019 its benchmark interest rate for the fourth time in four months.

Triyan Pangastuti, Jakarta – Indonesia saw a slight drop in foreign direct investment in 2019 but breakthroughs in some high-profile investment during the year's last quarter fueled op

Jakarta – Indonesia has proven its ability to maintain economic stability and resilience amid global uncertainties, a top central banker has said in front of an international forum in

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Whisnu Bagus Prasetyo, Jakarta – Top executives from Americans technology giants Qualcomm and Amazon met with Minister of Communication and Information Technology Johnny G.

Jakarta – The government plans to relax environmental impact analysis (Amdal) requirements as it seeks to improve the country's ease of doing business, a minister has said.

Made Anthony Iswara, Jakarta – Indonesia has continued its venture to lure global corporations into investing in the country during the annual World Economic Forum (WEF) meeting in Dav

Adrian Wail Akhlas, Jakarta – The International Monetary Fund (IMF) has trimmed its economic growth prospects for ASEAN-5 countries, including Indonesia, because of exports

Made Anthony Iswara, Jakarta – Indonesia has set its eyes on multinational corporations attending the World Economic Forum (WEF) annual meeting in Davos, Switzerland, to attract invest

Jakarta – Indonesia will need to boost investment to ensure sustainable growth as household spending, currently the main driver of economic growth, is not expected to see any significa

Diana Mariska, Jakarta – Japan has expressed interest in new investments covering a wide range of sectors from fisheries and tourism to hydropower and waste-to-energy facilities, a min

Hendartyo Hanggi, Jakarta – Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said that the United States is committed to investing in Indonesia.

Karlis Salna – Indonesia's government and central bank are running into policy limits as they try to stimulate Southeast Asia's largest economy.

Faisal Maliki Baskoro, Jakarta – Inflation in Indonesia cooled to an eight-month low in December as the cost of transportation, telecommunication and financial services stagnated, the

Marchio Irfan Gorbiano, Jakarta – Indonesia recorded inflation of 2.72 percent in 2019, the lowest level in around two decades, thanks to lower inflationary pressure from government-re

Diana Mariska, Jakarta – The government will submit the job creation and taxation bills to the House of Representatives next month, the Justice and Human Rights Minister Yasonna Laoly

Eko Wahyudi, Jakarta – University of Indonesia's senior economist Faisal Basri reminded President Jokowi to avert from being overconfident in passing the Omnibus Law despite 74 percent

Jakarta – The government is encouraging small and medium enterprises (SMEs) to offer their shares to the public through the Indonesia Stock Exchange (IDX).

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Antara, Jakarta – Indonesia's plan to reach a six percent economy growth requires at least Rp35.428 trillion investment for the 2020-2024 period, the Ministry of National Development P

Adrian Wail Akhlas, Jakarta – Homegrown technology decacorn Gojek is shutting down the majority of its GoLife services due to a stagnant business performance, only around two years aft

Antara, Jakarta – President Joko Widodo (Jokowi) has urged the regional heads to help facilitate investors who want to invest their capital in the regions.

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

Antara, Jakarta – President Joko Widodo, or Jokowi, formally asks regional leaders to compete in offering investors ease of investments, especially those that are aiming to invest in a

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.

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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

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