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.
Economy & Investment
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November 12, 2019
November 8, 2019
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.
November 7, 2019
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
November 5, 2019
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.
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
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
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.
November 4, 2019
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
November 1, 2019
Riska Rahman, Jakarta – Sluggish car sales throughout the year coupled with weakening commodity prices have taken a toll on diversified conglomerate PT Astra International.
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
October 31, 2019
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
October 30, 2019
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
October 28, 2019
Nur Yasmin, Jakarta – The local arm of American multinational information technology company IBM amped its agenda on accelerating digital trade in Indonesia.
October 25, 2019
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
October 24, 2019
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
October 22, 2019
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
October 20, 2019
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
October 17, 2019
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
Eisya A.
October 16, 2019
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
October 12, 2019
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.
October 9, 2019
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
October 4, 2019
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
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
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
October 3, 2019
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
October 1, 2019
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
September 27, 2019
Jakarta – A year after the implementation of an integrated online single submission (OSS) system for business licensing, businesspeople claim they have yet to benefit from the system a
September 25, 2019
Jakarta (Bloomberg) – Violent street protests in Indonesia against a number of controversial laws risks damaging growth and stability in South-east Asia's biggest economy, according to
September 16, 2019
Riza Roidila Mufti, Jakarta – With more and more Indonesians entering the middle class and affluent consumer (MAC) demographic, President Joko "Jokowi" Widodo is urging young entrepren
September 8, 2019
Peter Brieger – Indonesia's surprise plan to roll out a nickel-ore export ban two years early could scare foreign investors away from Southeast Asia's biggest economy, analysts say, as
September 7, 2019
Jakarta – Legal uncertainties have hindered foreign investors from investing in Indonesia, especially in new or green field projects, Bank Indonesia (BI) senior deputy governor Destry
September 6, 2019
Whisnu Bagus Prasetyo, Jakarta – President Joko "Jokowi" Widodo inaugurated the assembly plant of Solo Manufaktur Kreasi, producer of the homegrown Esemka, in Boyolali, Central Java, o
September 5, 2019
Jakarta – President Joko "Jokowi" Widodo has ordered his ministers to prepare for a possible global recession in the coming months as the trade war between the United States and China
September 4, 2019
Jakarta – Indonesian President Joko Widodo on Wednesday ordered his ministers to increase efforts to cut regulations that hurt foreign direct investment, aiming to shield Southeast Asi
August 30, 2019
Jakarta – The House of Representatives has approved the government's target of 5.3 percent economic growth for next year and this will be the foundation for other projections made unde
August 17, 2019
Jakarta – Indonesia's digital economy is expected to almost double in value from Rp 814 trillion last year to Rp 1.447 quadrillion (US$101 billion) by 2024, a recent study says.
August 15, 2019
Jakarta – Indonesia will unveil plans for increasing how much foreign investors can own of businesses in some sectors by year-end, the head of the country's investment board told Reute
August 5, 2019
Jakarta – Indonesia's economic growth leveled off slightly in the second quarter as an investment slowdown and lower exports wiped out the boost from the elections and festive spending
Marchio Irfan Gorbiano, Jakarta – Indonesia's Gross Domestic Product (GDP) expansion slowed to 5.05 percent in the second quarter this year, from 5.27 percent in the same period last y
August 1, 2019
Jakarta – Indonesia's annual inflation rate rose slightly to 3.32 percent in July, as raw food prices maintained an upward trend due to the dry season, the national statistics agency s
Victor Mambor, Jayapura, Papua – Papua Governor Lukas Enembe has issued a regulation to help boost the involvement of Papuan businesspeople in procurement projects and speed up develop
Jakarta – The executive board of the International Monetary Fund (IMF) commended the authorities' policy response in the face of strong external headwinds in 2018, which supported posi
July 30, 2019
Jakarta – Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest inve
Rachmadea Aisyah, Jakarta – The chairman of the Investment Coordinating Board, Thomas Trikasih Lembong, is optimistic investments would record a double-digit growth this year after a 7
July 24, 2019
Nur Yasmin, Jakarta – President Joko "Jokowi" Widodo must streamline the bureaucracy and overhaul the relationship between the central and regional governments to improve the investmen
July 18, 2019
Marchio Irfan Gorbiano, Jakarta – The Office of the Coordinating Economic Minister has revived a discussion about relaxing the negative investment list (DNI) following a recent speech
