Jakarta – The Presidential office has welcome the plan to develop a Disneyland entertainment venue in Boyolali regency, Central Jakarta, with the hope that it will have a multiplier effect on devel

Jakarta – President Joko "Jokowi" Widodo has criticized his ministers for introducing new regulations that discourage investments and are not in line with his push for economic growth.

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Venidora Oliveira – Police have ended their operations targeting illegal casinos in Dili after the government, through the Ministry of Commerce, Industry and Environment, legalized the gambling ven

Stefani Ribka, Jakarta – Exports during January to February increased by 19.2 percent to US$25.98 billion from $21.79 billion in the same period last year thanks to recovered commodity prices.

Fedina S. Sundaryani, Jakarta – Political instability has alarmed European businesspeople as they are now weighing their reinvestment options in Indonesia.

Stefani Ribka, Jakarta – Indonesian Footwear Producers Association (Aprisindo) has projected footwear exports to grow 5-10 percent from US$4.8 billion last year, on the back of the United States' w

Stefani Ribka, Mojokerto, East Java – In a bid to improve manpower quality and help industries with skilled manpower, the Industry Ministry has added a new system to its training program, Balai Dik

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Tassia Sipahutar, Jakarta – The recent verdict by the Business Competition Supervisory Commission (KPPU) that the two largest motorcycle manufacturers colluded to fix prices will have a limited imp

Jakarta – Rising concerns over religious intolerance have decreased the consumers' confidence in the fourth quarter last year, Nielsen Global Survey of Consumer Confidence and Spending Intentions r

Jakarta – Indonesian consumer confidence declined slightly in the fourth quarter of 2016 to 120 points, according to the latest survey report from Nielsen.

Jakarta Globe - February 21, 2017

Stefani Ribka, Jakarta – The Trade Ministry has distributed circulars to inform officials that business permits (SIUP) no longer need to be renewed and that registration certificates (TDP) can be r

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Anton Hermansyah, Jakarta – To achieve its 2017 target of economic growth above 5 percent, the government aims for investment to increase at a rate of 5.4 percent to 5.6 percent this year.

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Jakarta – The Investment Coordinating Board (BKPM) recorded investment of US$1.6 billion from China up until the third quarter of last year, making the country the third-biggest investor in Indones

Grace D. Amianti, Jakarta – Indonesia saw its external debt continue to grow slowly last November as companies reduced foreign loan, Bank Indonesia (BI) data has showed.

Jakarta – Vidhyandhika D.

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Fathiya Dahrul and Yudith Ho, Jakarta – Indonesian tycoon Hary Tanoesoedibjo says he's fending off potential rivals to his pact with the Trump Organization by building new projects such as a motorb

Anton Hermansyah, Jakarta – Indonesia recorded the inflation throughout 2016 reached 3.02 percent, lower than a year earlier at 3.35 percent, as government's controlled prices relatively stable, ac

Jakarta – Consumer confidence rebounded to its highest point in two years, in December, as a result of more positive assessments on the current state of the economy and also its prospects, accordin

Anton Hermansyah, Jakarta – Vice President Jusuf Kalla highlighted on Tuesday the importance of the real economy in ordinary markets, pledging more government support to have businesses in these tr

Winny Tang, Jakarta – Indonesia is "drier" this festive season as obtaining alcoholic beverages has become more difficult following a recent string of government policies, such as a ban on the sale

Winny Tang – PT Modern Internasional, the operator of 7-Eleven convenience stores in the country, has reported a shrinking sales figure in the first nine months of this year, mainly due to increasi

Anton Hermansyah, Jakarta – Despite a global economic slowdown, Indonesia managed to see investment in the industrial sector increase by 41.6 percent year-on-year (yoy) to US$18.7 billion during th

Jakarta – Despite their potential to stoke growth, major economic policies, including the tax amnesty and aggressive infrastructure spending, have contributed to reducing bank liquidity, an economi

Liau Y-Sing and Yumi Teso, Kuala Lumpur – The rupiah's reign as Southeast Asia's best currency is set to be short-lived as the supportive inflow from a $12.3 billion tax amnesty program is about to

Damon Evans – East Timor could be bankrupt within a decade unless it takes urgent action to diversify its economy and reassess its fixation with mega-petroleum projects

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Jakarta – The Indonesian Textile Association (API) has called on the government to further regulate imports, as cheap imported textile products continue to flood the market, hitting the domestic in

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Paulina Quintao – The original tais (traditional cloth) of the Timor-Leste is in grave danger of becoming extinct due to the government's inaction to develop policy to promote and protect tradition

Last week, Timor-Leste's government issued a press release Timor-Leste's economic outlook positive as reforms begin to show results.

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Prima Wirayani, Jakarta – Panic hit domestic financial markets on Friday as investors showed concern over the anticipated policies of US president-elect Donald Trump that may negatively affect Indo

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Anton Hermansyah, Jakarta – Indonesia needs to convince investors that its infrastructure projects could run in a structured manner in an effort to cover the US$146 billion financing gap by private

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Farida Susanty, Jakarta – With reduced budgets in 2017, the Transportation Ministry and Public Works and Public Housing Ministry have once again reiterated their wish to partner with the private se

Dylan Amirio, Jakarta – The government is intensifying efforts to support the country's long-stagnant pharmaceutical industry after opening up the sector to foreign investment in its latest revisio

News Desl, Jakarta – Business players have strongly criticized a government-sanctioned business competition watchdog's plan to increase fines for companies proven guilty of cartel practices in the

Prima Wirayani, Jakarta – The earnings of Indonesian companies as of September has revealed a patchy recovery in local firms as they continue along a bumpy road with persistently weak demand.

Fadli, Batam – The recent departure of lithium battery maker PT Sanyo Energy Batam (SEB) from Batam, Riau Islands, should become a wake-up call for the government to intensify efforts to improve th

Jakarta – South Korean investors have begun complaining of irregularities they face in running their operations in Indonesia, amid the government's efforts to improve the business climate.

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