Tassia Sipahutar, Business – Indonesia is predicted to see stable growth in the near future after taking several measures, but the economy remains susceptible to external headwinds, according to a

Kate Stanton, Dili, East Timor – Cesar Gaio loves cooking in the open air.

Anton Hermansyah, Business – Five ministries are combining forces to jack up domestic consumption of natural rubber with the issue of a joint ministerial decree (SKB) on mandatory rubber utilizatio

Khoirul Amin, Jakarta – Automakers are asking the government to drop duties imposed on steel products widely used in car manufacturing to help locally made vehicles become more competitive.

Jakarta – The electronics sector is unlikely to feel any respite this year amid pressure to do another round of mass retrenchments as consumers continue to reduce their spending to cope with the im

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Anton Hermansyah, Jakarta – China, and not Singapore, is believed to be the biggest foreign investor in Indonesia, as Chinese investors often invest in other countries through proxy companies that

Dylan Amirio, Jakarta – The government's move to allow foreign investors to have 100 percent ownership in Indonesian e-commerce companies has drawn criticism with claims that the policy will threat

Anton Hermansyah, Jakarta – Investment activities outside Java rose by a quarter to Rp 248.7 trillion (US$18 billion) last year, narrowing the investment gap with Java to 46:54, and helping the inv

Ina Parlina, Jakarta – President Joko "Jokowi" Widodo has established a new government body, called the National Economic and Industry Committee (KEIN), whose role will be to support the President'

Jakarta – A top government official has confirmed plans to take as many as four business areas off the Negative Investment List (DNI), thereby making them fully open for foreign investment, namely

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Anton Hermansyah, Jakarta – After three years with a negative balance of trade, Indonesia recorded a trade surplus in 2015 due to a decreasing oil and gas deficit and an increased non-oil and gas t

Khoirul Amin, Jakarta – Indonesia's trade balance turned back into a surplus position last year after three straight years of deficits, with overall trade activity remaining weak as both full-year

Anton Hermansyah & Arief Gunawan S, Jakarta – After maintaining its rate for 11 consecutive months, Bank Indonesia (BI) has slashed the benchmark interest rate by 25 basis points to 7.25 percen

Raras Cahyafitri, Jakarta – With global oil prices continuing their plunge – falling below US$30 on Wednesday – small and locally owned oil and gas companies are at great risk of closure or "bleedi

Khoirul Amin, Jakarta – A number of sectors within tourism and the creative economy are to open up to foreign investors, signaling the government's renewed commitment to welcoming overseas investme

Ayomi Amindoni, Jakarta – The World Bank has warned that a continuing economic slowdown in emerging markets will cause substantial spillovers into developing economies and eventually hold back the

Anton Hermansyah, Jakarta – Amid sluggish economic growth in China, a key trading partner of Indonesia, economists have again warned of the importance of finding new markets to offset the risk of t

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Khoirul Amin, Jakarta – The government is hoping to see more investors become involved in developing industrial zones following the issuance of a new regulation.

Tassia Sipahutar, Jakarta – The economy went through another year of trials and tribulations in 2015, marking a continuation of the slowdown that has plagued the country for the past fe

Esther Samboh, Jakarta – The country has become too dependent on its rich natural resources.

Jakarta – State lender Bank Rakyat Indonesia plans to re-open its branch office at Timor Leste at the first half of next year, the lender's chief said on Sunday.

Ayomi Amindoni, Jakarta – The government predicts that the impact of its deregulation policies will be seen in the first semester of 2016, as most economic policy packages begin to effe

Anton Hermansyah – The Asian Development Bank (ADB) and the World Bank are both predicting that the Indonesia's 2015 inflation rate would be no less than 6 percent.

Jakarta – The House of Representatives decided to include a controversial bill on a tax amnesty in its 2015 National Legislation Program (Prolegnas) during a plenary session on Tuesday.

Anton Hermansyah, Jakarta – An economist has warned that improper tax policies, such as applying a higher tax amid a weak economy, may slow the Indonesian economy.

Business – The Central Statistics Agency (BPS) announced a US$346.6 million trade deficit in November, breaking the streak of a 10-consecutive-month trade surplus, caused by an increase

Prima Wirayani, Jakarta – The government says it has completed 82 percent of the deregulation as outlined in its first six economic policy packages issued between September and November

Ayomi Amindoni, Jakarta – Indonesia potentially added an additional 4 to 6 million business enterprises over the last decade, from 2006 to 2016, bringing the total number of enterprises

Prima Wirayani, Jakarta – The government's recently issued economic stimulus package allowing street vendors to use state land will not be seen as an incentive since such regulation is

Raras Cahyafitri, Jakarta – As world prices continue to plunge, oil-and-gas companies operating in Indonesia are expected to further lower spending next year amid a slowdown in explorat

Anton Hermansyah, Jakarta – The Asian Development Bank (ADB) has recently updated its outlook on Indonesia, forecasting moderate gross domestic product (GDP) growth of 4.8 percent in 20

Jakarta – The Investment Coordinating Board (BKPM) has proposed income tax cuts to support the labor-intensive footwear and textile industry.

Ryan Dagur, Jakarta – Indonesian rights activists said the brutal response of police toward protesting Papuan students has incited hatred and could further strengthen the resolve among

Jakarta – As part of efforts to boost the business of local manufacturers, the government has pledged to use more locally sourced materials for various infrastructure projects next year

Jakarta – The Public Works and Public Housing Ministry expects its early bidding policy will expedite budget disbursement to at least 90 percent by the end of next year.

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PT Modern Internasional Tbk has reported decreased profits in some of its 7-Eleven outlets across Jakarta, after the alcohol ban regulation was implemented, forcing them to find a new w

Anton Hermansyah – After enjoying windfall profits during the 2014 elections – the nation's biggest political festival – ad agencies have continued to enjoy a bountiful income from poli

Sri Wahyuni, Yogyakarta – Although many have recognized improvements made by the Indonesian government to create a better investment climate, foreign investors remain cautious about inv

Tassia Sipahutar, Jakarta – The current account deficit (CAD) narrowed in the third quarter from the previous quarter, paving the way for a lower full-year figure, the latest balance of payment (Bo

Khoirul Amin, Jakarta – The country's textile industry is hoping government efforts to curb illegal imports and reduce electricity costs will help improve the industry's growth in the fourth quarte

Ayomi Amindoni – Indonesia's economy is expected to grow by less than 5 percent this year, far from the 5.7 percent target stated in the 2015 state budget.

Tassia Sipahutar, Jakarta – The government is expecting a bigger budget deficit than previously forecast this year as tax revenues have fallen well below target.

Prima Wirayani, Jakarta – The incentives to be given to some special economic zones (KEK) should be backed up by infrastructure upgrades; otherwise the policy would not work and miss the stated goa

Ayomi Amindoni, Jakarta – Amid the persistent land and forest fires, the forestry and logging sectors experienced contraction in the third quarter.

Ayomi Amindoni, Jakarta – A survey from global market researcher Nielsen shows that the Indonesian consumer confidence index has continued to decline, going down four points, to 116, in the third q

Ayomi Amindoni, Jakarta – The Central Statistics Agency (BPS) announced on Monday that Indonesia had recorded 0.08 percent deflation during the month of October due to a surplus of food supplies.