Jakarta – Two years under the leadership of President Joko "Jokowi" Widodo, the country is still struggling to make an impact on economic sectors, with development in rural areas and the country's

Grace D.

Stefani Ribka and Prima Wirayani, Jakarta – As global trade remains under pressure, Indonesian exporters are being forced to rack their brains to keep their businesses going.

Stefani Ribka, Jakarta – While lauding the government's 13 economic policy packages, foreign investors say they want to see more changes to smooth business activities.

Prima Wirayani, Jakarta – A benign consumer price index (CPI) in September indicates that consumer spending remains weak, economists say.

Fedina S.

Jakarta – The Asian Development Bank (ADB) has downgraded its forecast for Indonesia's economic growth for this year and 2017, taking into account the subdued pickup of investments despite the gove

Anton Hermansyah, Jakarta – Investment Coordinating Board (BKPM) head Thomas Trikasih Lembong has promised to delist more sectors from the negative investment list (DNI) after holding a discussion

Prima Wirayani, Jakarta – The government has accepted that its economic growth target for 2017 was over-optimistic.

Ayomi Amindoni, Jakarta – In his latest effort to push industrialization in the country, Coordinating Economic Minister Darmin Nasution has called on related ministries to identify problems in each

Farida Susanty and Prima Wirayani, Medan/Jakarta – The government has dismissed concerns over next year's smaller state budget, arguing that the reduced state spending will still allow for various

Anton Hermansyah, Jakarta – The Trade Ministry will implement specific measures to prevent illegal stockpiling aimed at manipulating the price of goods in the market.

Prima Wirayani and Grace D.

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Prima Wirayani, Jakarta – President Joko "Jokowi" Widodo's Independence Day speech on Tuesday – which covered the direction of the country's economy – was overshadowed by weak data on exports, cons

Prima Wirayani, Jakarta – Indonesia's balance of payments (BoP) ended in positive territory in the second quarter, thanks to improving exports and hefty foreign funds inflows.

Stefani Ribka – The consumer goods sector will remain the jewel of the Indonesian economy's crown, thanks to the country's large population and rising disposable income.

Fedina S. Sundaryani, Jakarta – Indonesians remain the third-most confident consumers in the world, behind those in India and the Philippines, a recent survey has revealed.

Ayomi Amindoni, Jakarta – Indonesia's economy grew at a stronger-than-expected rate of 5.18 percent year-on-year (yoy) in the second quarter, marking an increase from 4.92 percent recorded in the f

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Farida Susanty, Jakarta – On his second day in office, newly appointed Transportation Minister Budi Karya Sumadi pledged to make it easier for private businesses to get more involved in the transpo

Jakarta – Bank Indonesia (BI) has predicted the country's economy will grow by 5.2 percent in the third quarter of 2016 as government spending is projected to increase.

Jakarta – Indonesia needs to take measures to combat state-owned enterprise monopolies in the logistics and transportation sectors to create a healthy business climate, the Indonesian Logistics and

Jakarta – Central Java will soon become the next shoe production center in the country after East Java and Banten, following the planned establishment of a new Converse shoe factory in Salatiga by

Fedina S.

Ayomi Amindoni, Jakarta – Despite scoring the highest export value of the past year in June, Indonesia saw a 4 percent year-on-year export decrease during the month to US$12.92 billion compared to

Jakarta – The government should immediately issue all necessary regulations to allow its 12 economic stimulus packages to be fully implemented, Indonesian Chamber of Commerce and Industry (Kadin) c

Stefani Ribka, Jakarta – Indonesia is considered one of the promising emerging countries to invest in during the next 10 years by Business Monitor International (BMI) Research, which belongs to rat

Stefani Ribka, Jakarta – Indonesia's oil and gas and heyday may have come to an end, with non-commodity sectors taking over as the engine of growth over the next ten years, according to a recent st

Grace D. Amianti, Jakarta – Doing business in Indonesia often means being prepared for policy dynamics in which drastic changes or contradictions may occur over a short period of time.

Jakarta – The planned tax amnesty, aimed to lure more than Rp 100 trillion (US$7.5 billion) in funds back to the country, is expected to help condominium sales this year as wealthy Indonesians look

Prima Wirayani, Jakarta – The government should prepare for a bigger state budget deficit if it is to realize its capital spending to stoke growth amid looming risk of lower revenues and an uncerta

Hasyim Widhiarto and Wahyoe Boediwardhana, Jakarta/Surabaya – After working as a Go-Jek driver for several months, 38-year-old Irwan recently ditched his old motorcycle for a new Honda Vario with a

The government, faced with increasingly severe budget restraints, has encouraged ministries to develop infrastructure projects under public-private partnership (PPP) schemes, rather than relying on

Prima Wirayani, Jakarta – Ministries and government agencies have been relying too much on state funds allocated to them instead of finding private sector partners to work on infrastructure project

Ayomi Amindoni, Jakarta – The government has raised Rp 496.6 trillion (US$37.35 billion) in state revenues as of May 31 with Rp 685.8 trillion in spending, pushing the state deficit to Rp 189.1 tri

Prima Wirayani, Jakarta – The government has revised down this year's economic growth target to 5.1 percent from 5.3 percent year-on-year (yoy).

A large Burger King conspicuously located in front of a plaza in the East Timor capital drew the attention, at least momentarily, of local and foreign investors arriving in the plaza's lobby to att

Prima Wirayani, Jakarta – Bad loans and weak demand are hurting the outlook for Indonesian banks' loan growth amid financial authorities pushing for a more affordable lending rate to help revive th

Agnes Anya, Jakarta – Thursday might have seemed just one of those regular days for most Jakartans, but to beer drinker Dwi Setianto, 27, it was a day of sunlit glory, for it was yesterday that he

Prima Wirayani, Jakarta – If infrastructure bottlenecks get solved, Indonesia can expect to enjoy growth of 7 percent. That's the theory.

Anton Hermansyah, Jakarta – While the central bank has revised down its economic growth forecast for 2016, global rating agency Moody's Investor Service has revised up its forecast on the back of h

Stefani Ribka, Jakarta – Indonesian consumer confidence has started rising after a steady decline last year, global marketing research firm Nielsen's Consumer Confidence Survey shows.

Prima Wirayani, Jakarta – When numerous governments work hard to lure investors for local infrastructure projects, private lenders find it difficult to pick suitable ones to finance.

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Jakarta – Traditional market sellers and buyers may find the latest statistics intriguing, with prices of many food commodities on the rise despite recent data showing that consumer prices have def

Anton Hermansyah, Jakarta – Standard & Poor's (S&P), the only global rating agency that has yet to release an update on Indonesia's sovereign rating, says the country's economy is "fairly g

Indonesia saw its unemployment rate slightly fall in February, thanks to a higher absorption rate of workers by a number of sectors, including trade and services, the Central Statistics Agency (BPS