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

Faisal Edroos – East Timor, one of the world's poorest countries, could still be an economic success story despite reports its main oil and gas fields will run dry by 2022 and it will go bankrupt b

Karlis Salna and Haslinda Amin – Indonesian President Joko Widodo said government reforms to boost the economy are starting to pay off, enabling it to embark on the biggest infrastructure plan in t

Gayatri Suroyo & Bernadette Christina Munthe, Jakarta – In trying to solve a major economic headache, large fluctuations in food prices, Indonesia may have unintentionally exacerbated another:

Jakarta – The Institute for Development of Economics and Finance (Indef) has refuted a statement made by President Joko "Jokowi" Widodo about the increase in people's purchasing power, indicated by

Sheany, Jakarta – As part of the government's effort to increase foreign investments to the country, the Ministry of Foreign Affairs on Friday (24/11) held an event in Jakarta to highlight and prom

Caesar Akbar, Jakarta – Institute for Development of Economics and Finance (Indef) Senior Economist Faisal Basri said that Indonesia's economic growth in the medium and the long-run is tending to s

Jakarta – Indonesian Chamber of Commerce and Industry (Kadin) deputy chairman for telematics, broadcast, research and technology Ilham Habibie has criticized the government for focusing too much on

Jakarta – Research conducted by the Asia Competitiveness Institute (ACI) has shown that East Java was top in ease of doing business (EoDB) this year, followed by West Java, Central Java and Jakarta

Lester Wan – Concerns are mounting over a controversial new law to bring across-the-board halal certification to Indonesia, as an unprepared government department and industry figures wonder how th

Jakarta – A visiting International Monetary Fund (IMF) team has projected that the Indonesian economy will grow 5.1 percent this year, slightly lower than the Fund's official projection of 5.2 perc

Jon Afrizal, Jakarta – University of Indonesia economist Fasial Basri has warned of a possible "minor economic crisis" in December because of "reckless" government policies, particularly massive in

Prima Wirayani, Jakarta – Economic growth stood at 5.06 percent year-on-year (yoy) in the third quarter of this year, slightly more than the 5.01 percent recorded in the previous quarter, the Centr

Jakarta – The Indonesian government is now preparing "ease of doing business" task forces in both the central government and all regional administrations to help smooth the licensing process for th

Jakarta – The Financial System Stability Committee (KSSK) has recorded stable economic conditions up to the third quarter this year, but it has also recorded negative perception of the people's pur

Grace Amianti and Marchio Irfan Gorbiano, Jakarta – Indonesia has progressed significantly in deregulating its economy as its ranking in the Ease of Doing Business (EODB) index for 2018 has climbed

Rachmadea Aisyah, Jakarta – The Investment Coordinating Board (BKPM) announced on Monday that investments had reached Rp 513.2 trillion (US$37.79 billion) by the end of the third quarter, or 75.6 p

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo has praised the strong performance of the capital market so far this year, and expects that similar developments will follow in the real e

Marchio Gorbiano, Jakarta – Indonesia recorded a US$1.76 billion trade surplus in September as exports reached $14.54 billion in September, a 15.6 percent increase from the same month last year, wh

Winny Tang, Jakarta – Ahead of the 2019 presidential election, Indonesia's economic growth will be better than this year as long as the commodity prices stays stable, the nation's biggest mutual fu

With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring Timor-Leste looks set to expand its petroleum and mineral industries.

Anton Hermansyah, Jakarta – On the back of the Indonesian government's issuance of its new controlled foreign company (CFC) regulation on July 26, many Indonesians are likely to sell their foreign

Jon Afrizal, Jakarta – While the government is trying to attract more investors to Indonesia, it has not been able to convince investors to make good on their pledges, an official at the Coordinati

Caitlin McGee – Fifteen years since Timor-Leste gained its independence, there are growing fears it could face economic collapse.

Jakarta – President Joko "Jokowi" Widodo has advised businesspeople to not talk about politics and to instead concentrate on improving the economy through investment.

Jakarta – Business people have enthusiastically welcomed the latest 16th economic package on the acceleration of business implementation, which aims to improve coordination between ministries and p

Jakarta – Finance Minister Sri Mulyani Indrawati has said she will look into the rising losses of flag carrier Garuda Indonesia to find out whether anything was wrong with its investment strategy.

Fedina S.

Gary Kleiman – Indonesia stocks, which have lagged the region and the broader MSCI Emerging Markets Index with a 12% advance through July, revved up briefly after the central bank announced a surpr

Jakarta – Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P. Roeslani has suggested that the government temporarily relax certain taxes to encourage people to spend.

Jakarta – Coordinating Economic Minister Darmin Nasution has admitted the government was late in becoming aware of shifts in spending patterns, particularly among middle-class citizens, who have st

Jakarta – Indonesia plans to lower taxes on domestic sedan sales in a bid to promote the country, the biggest car market in Southeast Asia, as a manufacturing hub for sedans, a finance ministry off

Jakarta – The government has promised to keep inflation low during the rest of the year so that consumer spending, the main driver of the country's economic growth, will increase in the second half

Prima Wirayani, Jakarta – Indonesia's economic growth stagnated at 5.01 percent year on year (yoy) in the second quarter compared to the first quarter, the Central Statistics Agency (BPS) announced

Jakarta – Indonesia's annual economic growth grew more slowly than expected in the second quarter, with growth in some key sectors slowing and pivotal private consumption remaining sluggish.

Stefani Ribka, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) and the US-ASEAN Business Council signed on Tuesday a memorandum of understanding (MoU) for a collaboration that aim

Jakarta – The government held a meeting on Tuesday, attended by several ministers and related officials, for the strict purpose of listening to businesspeople's complaints about the problems they f

Harry Suhartono – As Indonesians keep their wallets in their pockets, foreigners are pulling money from a stock market dominated by consumer companies.

Jakarta – Senior vice president and regional managing director of the US-ASEAN Business Council Michael W.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded that investment from China grew by 92.79 percent year-on-year (yoy) to US$1.96 billion in the first half of 2017.

Singapore – Indonesia hoped that Standard & Poor's upgrade of its rating to investment grade would entice foreign funds into its stock market.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) says investment grew 12.7 percent to Rp 170.9 trillion (US$12.85 billion) in the second quarter of 2017 from the Rp 151.6 trilli

Anton Hermansyah, Jakarta – The World Bank is calling on Indonesia to improve its investment climate to lure more investment into infrastructure development.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded that Java is still the main investment destination as investors remain reluctant to put their money into the countr

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo has criticism government ministers for issuing ministerial regulations that are not in line with the government's deregulation program to

Jakarta – The Indonesian economy has shown improvement, but increased efforts are needed to achieve President Joko "Jokowi" Widodo's target of 7 percent annual growth, according to CIMB Niaga chief

Jakarta – Aceh Governor Irwandi Yusuf has said President Joko "Jokowi" Widodo has instructed him to encourage investment in the province.

Jakarta – Bank Indonesia (BI) has said second quarter growth was slower than expected and that this was sparked by various factors including slow government spending, weak public consumption and th

Jeanavive McGregor, Mark Davis and Peter Cronau – Donald Trump was running for the US presidency when he personally raised with senior Indonesian politicians the need to have a toll road completed