Esther Samboh, Jakarta – It is a regular day in Tanah Abang market, the largest wholesale clothing market in Southeast Asia, thousands of customers squeeze into packed 4-square-meter shops sprawled

Kanupriya Kapoor & Randy Fabri, Jakarta – Exasperated by the performance of his economics team, Indonesia's president has personally taken on the job of promoting Southeast Asia's largest econo

Tassia Sipahutar, Jakarta – Bank Indonesia (BI) has eased loan requirements for the purchase of property, cars and motorcycles in a move designed to spur the country's weak economy, which has been

Tom Benner, Dili, East Timor – Following his first 100 days in office, the new prime minister of East Timor marvelled at how the peaceful transition of power from his predecessor stood in stark con

Randy Fabi, Palembang – Fed up with capitalists plundering Indonesia's riches, members of the country's second-largest Islamic group have drawn up plans to launch a "people's power" movement.

Satria Sambijantoro, Jakarta – The government's plan to implement a tax amnesty for financial criminals might bring more harm than good to the Indonesian economy, analysts are warning.

Tassia Sipahutar, Jakarta – The International Monetary Fund (IMF) has slashed its estimate on Indonesia's economic growth to 4.7 percent for 2015, a growth revision similar to that made by the Worl

Grace D. Amianti, Jakarta – Exports continue to drop in May with little sign of improvement in the future as the Central Statistics Agency (BPS) predicts less trade surplus later this year.

Satria Sambijantoro, Jakarta – Finance Minister Bambang Brodjonegoro has tinkered with fiscal policy as he relaxed the requirements for corporate tax allowances and eased luxury taxes on certain it

Satria Sambijantoro, Jakarta – Economists from Goldman Sachs to JPMorgan Chase have revised down their growth outlooks for Indonesia as foreign investors' confidence in President Joko "Jokowi" Wido

Randy Fabi, Palembang, Indonesia – Indonesia's second-largest Muslim group plans to file a lawsuit challenging a decision by President Joko Widodo to scrap $20 billion worth of government fuel subs

Satria Sambijantoro, Jakarta – The sell-off in the Indonesian financial market deepened on Monday as foreign investors began to move their funds to developed countries amid signs the Federal Reserv

Gayatri Suroyo, Jakarta – Indonesia's central bank confirmed on Tuesday that a rule taking effect on July 1 means that hotel rooms, airline tickets, property leases and most salaries must be paid i

Esther Samboh, Jakarta – The government's expected tax anomaly – in which tax revenues increase despite the weak economy – has yet to be seen almost halfway through the year, with tax takings remai

Jakarta – A representative of Kantar Worldpanel Indonesia, a market research company, says there has been a steep decline in consumer purchasing frequency this year amid the global economic slowdow

Grace D. Amianti, Jakarta – The government has maintained its economic growth target for 2016, despite most factions at the House of Representatives insisting that the estimate is unrealistic.

Tassia Sipahutar, Jakarta – The government's newly unveiled 2016 economic growth target has raised eyebrows, with economists describing it as being too ambitious.

Jakarta – The Washington-based World Bank has pledged up to $12 billion in new financing to Indonesia over the next three to five years, to support the nation speeding up infrastructure development

Linda Yulisman, Jakarta – Indonesia's trade balance booked its fourth straight month of surplus in April, while the current-account deficit improved in the first quarter as imports plunged along wi

Jakarta – The Indonesia Iron and Steel Industry Association (IISIA) is calling on the government to immediately implement its plan to increase steel import duties for exporters under the Most Favor

In late April Indonesia's president, Joko Widodo, better known as Jokowi, wooed foreign moneymen at a big international conference.

Muhamad Al Azhari, Jakarta - Multi Bintang Indonesia, Indonesia's biggest beer producer, posted a sharp decline in profit for the first quarter due to the recent Trade Ministry regulation that proh

Muhamad Al Azhari, Jakarta – President Joko Widodo should free himself from the suffocating political "straitjacket" and focus on the economy for the rest of his term, as investors begin wondering

Indonesia's foreign debt continues to rise, primarily because private sector debt is growing.

Jakarta – President Joko "Jokowi" Widodo has expressed his concerns over the performance of the country's export sector, which continued to decline during the first quarter of this year despite the

Raras Cahyafitri, Jakarta – Uncertainty over the gas supply for planned industrial development in the eastern part of the country, particularly Papua and West Papua, has hampered the government pro

Tassia Sipahutar, Jakarta – Major lenders reported rising bad loans throughout last year but stakeholders have played down the impact on the soundness of the banking industry and, in turn, economic

Fedina S. Sundaryani, Jakarta – In a move to maintain access to clean water, the Constitutional Court has revoked a law that had allowed the private sector to monopolize water resources.

Satria Sambijantoro, Jakarta – Economic reforms undertaken by President Joko "Jokowi" Widodo have drawn strong inflows in the equity and bonds markets, but have failed to propel the rupiah as curre

Linda Yulisman and Raras Cahyafitri, Jakarta – In its plenary session on Monday, the House of Representatives agreed 37 bills set for deliberation this year, with more than half related to reform i

Satria Sambijantoro, Jakarta – Indonesia recorded deflation in January as the decline in fuel prices dragged down food and transportation costs further than expected, creating room for the central

Linda Yulisman, Jakarta – The new one-stop integrated service (PTSP) launched by President Joko "Jokowi" Widodo on Monday is expected to simplify investment licensing procedures and improve ease of

Raras Cahyafitri, Jakarta – The plunge in the global oil price presents risks to the country's state budget as income from the sector could fall further and oil output might also drop on cost-cutti

Satria Sambijantoro and Raras Cahyafitri, Jakarta – Cuts in fuel prices, liquefied petroleum gas (LPG) and cement announced by the government on Friday would have limited impact on the economy in t

Satria Sambijantoro, Jakarta – With a significant cut in the fuel subsidy, President Joko "Jokowi" Widodo will be able to double the government's capital expenditure (capex) in the revised 2015 sta

Satria Sambijantoro, Jakarta – Bank Indonesia (BI) announced on Thursday another foreign debt regulation involving a stricter reporting system for local companies planning to borrow US dollars amid

Linda Yulisman and Tama Salim, Jakarta – Indonesian exporters may well struggle again this year as the global economic slowdown is likely continue to have an impact on their business.

Muhamad Al Azhari, Erwida Maulia & Agustiyanti, Jakarta – A leading business lobby with strong ties to the administration of President Joko Widodo has called for a tax amnesty, in w

Satria Sambijantoro, Jakarta – President Joko "Jokowi" Widodo has been warned about potential missteps in his development agenda as his ambition to drastically increase Indonesia's econ

Headlines – Despite Bank Indonesia's (BI) continuous pledge to guard currency stability, the rupiah nose dived to the weakest level in 16 years, bringing the specter of the 1998 Asian f

Venidora Oliveira – Member of Parliament Estanislau da Silva has criticized the government for its failure to attract major investors to Timor-Leste.

Eveline Danubrata & Nicholas Owen, Jakarta – Indonesia's new government is launching a bid to convince skeptical foreign investors to pour billions of dollars into improving the cou

Satria Sambijantoro, Jakarta – Indonesia's gross domestic product (GDP) growth has decelerated to its slowest rate since the global financial crisis five years ago, with the country's c

Paulina Quintao – Deputy Minister for Industry and the Environment Abel da Costa Ximenes says the government will not intervene to regulate prices for goods as sales tax produces revenu

Judith Ugwumadu – The government of Timor-Leste must further strengthen its public financial management in order to smooth spending over the long term to avoid a 'fiscal cliff', the Int

Anggi M.

Paulina Quintao – The decision by the government to use Indonesia bottled water at recent international events such as the Community of Portuguese Language Countries (CPLP) conference,

Paulina Quintao – Timor-Leste's 2014 non-petroleum sector derived economic growth is projected to hit 8 per cent, according to government estimates.

Jakarta – Indonesia needs more mainstay products in order to compete in the Asean Economic Community (AEC), Executive Chairman of the Indonesian Communications and Information Technolog

The growing inequality is the most visible negative product of economic growth during SBY's tenure.