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Economy & Investment

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August 29, 2017

Jakarta Post - August 29, 2017

Fedina S.

August 24, 2017

Asia Times - August 24, 2017

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

August 15, 2017

Jakarta Post - August 15, 2017

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 Post - August 15, 2017

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.

August 14, 2017

Reuters - August 14, 2017

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

August 9, 2017

Jakarta Post - August 9, 2017

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

August 7, 2017

Reuters - August 7, 2017

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.

Jakarta Post - August 7, 2017

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

August 2, 2017

Jakarta Post - August 2, 2017

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 Post - August 2, 2017

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

August 1, 2017

Jakarta Post - August 1, 2017

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

Bloomberg - August 1, 2017

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

July 27, 2017

Jakarta Post - July 27, 2017

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.

July 26, 2017

Jakarta Post - July 26, 2017

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

Jakarta Post - July 26, 2017

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

Jakarta Post - July 26, 2017

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

Reuters - July 26, 2017

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

July 24, 2017

Jakarta Post - July 24, 2017

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

July 18, 2017

Jakarta Post - July 18, 2017

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

July 12, 2017

Jakarta Post - July 12, 2017

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

July 6, 2017

Jakarta Post - July 6, 2017

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

July 3, 2017

ABC Four Corners - July 3, 2017

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

June 25, 2017

Jakarta Post - June 25, 2017

Viriya P. Singgih, Jakarta – The World Bank has lauded Indonesia's fiscal framework, calling it "solid" and saying that it has contributed to improving the credibility of the country.

June 23, 2017

Jakarta Globe - June 23, 2017

Jakarta – Moody's Investors Service said the Indonesian government's latest policy package is a "credit positive" as it signals a renewed focus on improving investment climate.

June 21, 2017

Jakarta Post - June 21, 2017

Anton Hermansyah, Jakarta – Indonesia is set to revise the country's negative investment list pending a technical meeting to be organized by the Coordinating Economic Ministry.

June 17, 2017

Nikkei Asia Review - June 17, 2017

Jun Suzuki, Jakarta – The growth of foreign direct investment in Indonesia is slowing. The latest data shows that it expanded 0.9% on the year in the January-March quarter.

June 16, 2017

Jakarta Post - June 16, 2017

Fadli, Batam, Jakarta – Batam Mayor Muhammad Rudi said he has reported to President Joko "Jokowi" Widodo and Economic Coordination Minister Darmin Nasution about the island's worsening economy, tho

Jakarta Post - June 16, 2017

Jakarta – The World Banks has projected that the Indonesian economy would grow at the level of 5.3 percent in 2018, higher than this year's projection of 5.2 percent, according to the bank's June 2

Jakarta Post - June 16, 2017

Jakarta – World Bank has expressed its support of the government's effort to improve logistics in the country as stipulated in the 15th economic policy package announced on Thursday.

June 15, 2017

Jakarta Post - June 15, 2017

Anton Hermansyah, Jakarta – The government on Thursday launched the 15th economic policy package, which is aimed at improving logistics in the country.

June 9, 2017

Jakarta Post - June 9, 2017

Jakarta – Retailers have high hopes that sales prior to Idul Fitri festivities can recover from low first quarter growth, which was only recorded at 3.9 percent, compared to 10.5 percent growth in

May 25, 2017

The Guardian (Australia) - May 25, 2017

Helen Davidson in Oecusse and Dili – In Timor-Leste's Oecusse province, a band of children wash in the river beneath a multimillion-dollar bridge, yet to open.

May 5, 2017

Reuters - May 5, 2017

Jakarta – Indonesia's economic growth edged up in the first quarter as improving momentum in its major trading partners and rising prices for some commodities underpinned exports, but some analysts

May 3, 2017

Jakarta Post - May 3, 2017

Suherdjoko, Semarang, Central Java – A recent consumer survey carried out by the Trade Ministry showed that 37 percent of respondents had experienced a loss but opted not to file a complaint.

April 28, 2017

Jakarta Post - April 28, 2017

Stefani Ribka, Jakarta – Results of the Economic Census 2016 show that most businesses are still concentrated in Java Island, the Central Statistics Agency (BPS) announced Thursday.

April 27, 2017

Jakarta Post - April 27, 2017

Prima Wirayani, Jakarta – Publicly listed cigarette maker PT Hanjaya Mandala Sampoerna booked Rp 3.29 trillion (US$247.3 million) in net profit in this year's first quarter.

April 26, 2017

Jakarta Post - April 26, 2017

Stefani Ribka, Jakarta – Indonesia pocketed Rp 165.8 trillion (US$12.5 billion) in investment in the first quarter of the year, or 24.4 percent of the 2017 investment target of Rp 678.8 trillion, t

April 22, 2017

Jakarta Globe - April 22, 2017

Jakarta – Investors should look beyond the divisive and religiously charged Jakarta election and take confidence from a peaceful voting day as a sign of stability in the country, officials and busi

April 19, 2017

Jakarta Globe - April 19, 2017

Jakarta – Multi Bintang Indonesia, Indonesia's largest brewer, nearly doubled its net income last year thanks to strong sales and product innovations.

Jakarta Post - April 19, 2017

Stefani Ribka, Sidoarjo, East Java – Indonesia's 2.9 percent growth in exports of footwear was outpaced by a 16.9 percent increase of imports in 2016, Central Statistics Agency (BPS) data shows.

April 17, 2017

Jakarta Globe - April 17, 2017

Jakarta – Domestic car sales rose 6 percent in the first quarter of this year, but the figure for two-wheelers continued to decline, painting a diverging picture of Indonesian consumers.

Jakarta Post - April 17, 2017

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

April 5, 2017

Jakarta Post - April 5, 2017

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.

April 3, 2017

March 15, 2017

Jakarta Post - March 15, 2017

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.

Dili Weekly - March 15, 2017

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

March 9, 2017

Jakarta Post - March 9, 2017

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

March 1, 2017

Jakarta Post - March 1, 2017

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