Grace D.

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

Fedina S.

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.

Grace D.

Grace D.

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.

Grace D.

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

Fedina S.

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

Grace D.

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

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

Grace D.

Viriya P.

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

Grace D. Amianti, Prima Wirayani, Stefani Ribka and Fedina S.

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

Grace D.

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.

Grace D.

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