Marchio Irfan Gorbiano, Jakarta – The Indonesian economy expanded by 5.27 percent year-on-year (yoy) during the second quarter of 2018 thanks to strong growth in consumption, the Centra

Jakarta – Vice President Jusuf Kalla has said investors were in a wait and see position ahead of the presidential and legislative elections in 2019 as they were concerned about the poss

Paulina Quintao – The Executive Director for Business Registration and Verification (SERVE), Florencio Sanches said they recently received applications from four big international compa

Jakarta – The chairman of the Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, has said that several investors had informed the board that they would be postponing their i

Jakarta – National Development Planning Minister Bambang Brodjonegoro has said that the government is committed to creating new centers of economic growth outside Java in its effort to

Riza Roidila Mufti, Jakarta – Logistic costs in Indonesia are higher than those in other countries.

Marchio Irfan Gorbiano, Jakarta – The government, in agreement with the House Commission XI overseeing finance, has cut its gross domestic product (GDP) growth projection for 2019 to be

Anton Hermansyah, Jakarta – The government and the House of Representatives agreed on Tuesday to revise the growth target stated in the 2019 draft state budget to the range 5.2 to 5.6 p

Viriya Singgih, Karlis Salna and Tassia Sipahutar, Jakarta – It was a lofty ambition from the start.

Harry Suhartono, Jakarta – Indonesian stocks are coming back with a vengeance.

Paulina Quintao – The executive Director of Luta Hamutuk organization (LH), Jose da Costa urged the new upcoming government to take responsibility for the special zones for social marke

Jakarta (The Jakarta Post/Asia News Network) – In an apparent gesture to ensure business confidence, Indonesia's President Joko Widodo has reiterated his commitment to fight terrorism a

Jakarta – Moody's Investors Service has said that if the negative exchange rate pressure persists for the rupiah, the economy will be affected.

Karlis Salna – As investors flee emerging markets, Indonesia is taking a bigger knock than its peers in Asia.

Marchio Irfan Gorbiano, Jakarta – The government would be wise to boost household consumption, the country's biggest economic engine, as the component has continued to show signs of a w

Marchio Irfan Gorbiano, Jakarta – Indonesia's economy expanded by 5.06 percent year-on-year (yoy) during the first quarter this year thanks to growth in investments and consumer spendin

Amanda Hodge – At a debate in East Timor's capital Dili ahead of next Saturday's elections, an argument flared between candidates and party flacks over who had the biggest dreams for th

Harry Suhartono and Karlis Salna, Jakarta – Indonesia's central bank said it won't hesitate to raise interest rates to stabilize the rupiah, but that plan faces a hurdle in the form of

Jakarta – The consumer confidence index (CCI) declined from 100.8 to 98.5 in April after increasing 3.6 percent in the previous month, according to a survey conducted by Danareksa Resea

Rachmadea Aisyah, Jakarta – In the past few years, Indonesia has seen more and more investments from Asian powerhouse China.

Jakarta – Coordinating Economic Minister Darmin Nasution urged the public on Tuesday not to panic about the weakening rupiah as the currency settles at Rp 13,900 against the US dollar,

Jakarta – The Indonesian Association of Synthetic Fiber Producers (APSYFI) has called on the government to revise its plan for a 10-day Idul Fitri holiday, arguing that the extended hol

Jakarta – Economic data released so far this year shows a pick-up in the growth of Indonesia's economy.

Jakarta – Bank Indonesia has announced that Indonesia's foreign debt reached US$356.2 billion in February, up 9.5 percent growth from the preceding month.

Gayatri Suroyo, Jakarta – Moody's Investors Services on Friday (13/04) upgraded Indonesia's sovereign credit ratings a notch above its lowest investment grade, citing effective policies

Bogor, West Java – The government has slashed some bureaucratic procedures for the issuance of licenses and for documentation requirements at the customs office to facilitate import and

Jakarta – A senior economist has said Indonesia's increasing foreign debt in the last three years had trapped the country's economy in being dependent on the global market.

The on-oil economy of Timor-Leste (East Timor) contracted by 1.8% in 2017, mainly the country's economy, according to a World Bank report.

Marchio Irfan Gorbiano, Jakarta – The government is courting foreign investors in a bid to lure investment to fuel its infrastructure development program, given the state budget's limit

Jakarta – Indonesia's foreign debt reached US$375.5 billion in late January or a 10.3 percent growth compared to the same month last year, Bank Indonesia (BI) said on Thursday.

Jakarta – The Indonesian economy faces tough global challenges with the rupiah exchange rate weakening, says an economic team from publicly listed private lender Bank Danamon.

Jakarta – Foreign investors have been withdrawing capital from the Indonesian market since early this year in anticipation of an increase in the Federal Reserve fund rate, analysts have

Jakarta – Bank Indonesia has said Indonesian foreign debts in both the public and private sectors increased by 10.1 percent year on year (yoy) to US$352.2 billion in the fourth quarter

Jakarta – The Institute for Development of Economics and Finance (Indef) has estimated that e-commerce contributes just 0.75 percent of gross domestic product (GDP).

Adinda Normala, Jakarta – Japan Credit Rating Agency, or JCR, has upgraded Indonesia's sovereign debt to "BBB with a stable outlook," a notch above investment grade, from BBB-on Thursda

Anton Hermansyah, Jakarta – Bank Indonesia (BI) has said Indonesia needs to boost its exports as the country's foreign debt continues to increase as the government seeks to accelerate i

Jun Suzuki, Jakarta – Indonesia's gross domestic product grew 5.07% in 2017, falling short of the government's 5.2% target, as President Joko Widodo's industrial reforms failed to pick

Adinda Normala, Jakarta – Indonesia's annual inflation rate eased in January as a rise in raw food prices – the biggest inflation contributor – was offset by more subdued increases in t

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo on Tuesday criticized regional governments that have not deregulated the lengthy process of issuing business permits, believed

Adinda Putri, Jakarta – The government pledged it will streamline licensing processes to speed up investment in more than 1,000 public and private sector projects, worth approximately $

Jakarta – Finance Minister Sri Mulyani Indrawati said the government might offer other incentives – such as a tax holiday and tax allowance – to investors because no one applied for it

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo has questioned the reasons behind Indonesia's sluggish growth despite receiving praise from various international organization

Adinda Putri, Jakarta – Bank Indonesia – or BI, the country's central bank – said local economy remains in check despite rising global oil prices.

Jakarta – The Central Statistics Agency (BPS) on Tuesday recorded the country's inflation rate at 3.61 percent, lower than the 4.3 percent target set in the 2017 State Budget.

Richard C. Paddock, Jakarta, Indonesia – One resort, planned as the largest in Bali, will overlook a spectacular Hindu temple.

Anton Hermansyah, Denpasar – Indonesia is expected to record year-on-year (yoy) economic growth of 5.1 percent this year amid increasing exports and investment, Bank Indonesia (BI) has announced.

Jakarta – The Central Statistics Agency (BPS) has said that, despite the increase in income of both small farmers in villages and construction workers in urban areas, their real income has declined

Jakarta – President Joko "Jokowi" Widodo on Tuesday criticized businesspeople, saying they had spent too long in a wait-and-see position, because they were overly wary about the country's political

Jakarta – Several economists say people will still prefer keeping their money in banks next year.

Stefani Ribka, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) and the government on Thursday signed a memorandum of understanding (MoU) to facilitate businesspeople in becoming m