Deni Ghifari, Jakarta – Indonesia has dropped in a ranking of countries as places to conduct business, scoring poorly in the assessments of political effectiveness and infrastructure, w
Economy & Investment
Displaying 151 - 200 of 3137 Documents
April 27, 2023
April 18, 2023
Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently told investors at the 2023 Hannover Messe to see Indonesia as a "land of opportunity" as the Southeast Asian countr
April 17, 2023
Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo is bringing home good news for Indonesia's electric vehicle (EV) ecosystem from his Hannover trip, as German automotive gian
April 13, 2023
Vincent Fabian Thomas, Jakarta – The International Monetary Fund has revised up its outlook on Indonesia's economic growth despite the fund projecting much lower figures for the global
April 10, 2023
Jayanty Nada Shofa, Jakarta – The property, real estate, and building construction sectors contributed 14.63 percent to the national gross domestic product (GDP) in 2022, according to a
April 6, 2023
Jakarta – Initial public offerings (IPOs) by two nickel companies on the Indonesia Stock Exchange show unmistakably that the government's downstream industry push has come a long way.
April 5, 2023
Jakarta – Indonesia's economy is expected to grow 4.8 percent in 2023 and 5.0 percent in 2024, which would mark a significant slowdown from the 5.3 percent it achieved last year, accord
Antara, Jakarta – Head of the Finance Ministry's Fiscal Policy Agency (BKF), Febrio Kacaribu, has said he expects the inflation rate to remain under control during the fasting month of
April 3, 2023
Riani Sanusi Putri, Jakarta – Statistics Indonesia (BPS) reported that all 90 consumer-price-index (IHK) cities posted inflation in March 2023 on an annual basis or year on year (yoy).
March 30, 2023
Gayatri Suroyo , Sorowako, Indonesia – US carmaker Ford has joined PT Vale Indonesia and China's Zhejiang Huayou Cobalt's as their new partner in a $4.5 billion nickel processing plant
March 29, 2023
Jayanty Nada Shofa, Jakarta – Indonesia would need a total of $545.3 billion in investment until 2040 to develop downstream industries across 8 priority sectors, including minerals and
March 28, 2023
Jayanty Nada Shofa, Jakarta – Some European companies within the automotive sector have shown interest in investing in Indonesia after the Southeast Asian nation became a partner countr
Jayanty Nada Shofa, Jakarta – Indonesia is aiming to bring home investment commitments that are at least a hundred times what the country has put in to join the 2023 Hannover Messe indu
March 27, 2023
According to National Procurement Commission (CNA) figures cited in China-Lusophone Brief, companies from China won 44 contracts worth a total of US$714.6 million during the period.
Jakarta – Business enterprises have been bombarded with numerous sustainability standards globally, with the importance and prevalence of different areas varying from one sector to anot
March 13, 2023
Jakarta – Royke Tumilaar, the president director of the state-owned bank BNI, recently called for Indonesian youths to become entrepreneurs.
March 9, 2023
Moh. Khory Alfarizi, Jakarta – Pricewaterhouse Coopers Indonesia or PwC Indonesia released its latest report on the Indonesian economic outlook for 2023.
March 7, 2023
Aditya Hadi, Jakarta – Bank Indonesia (BI) projects annual inflation in the first half of this year will still hover above 5 percent year on year (yoy), according to the central bank ch
March 2, 2023
Yogi Eka Sahputra, Jakarta – The Central Statistics Agency for Batam reported a number of indicators of the city's economic growth which showed bright results.
Ali Akhmad Noor, Jakarta – Institute for Development of Economics and Finance (Indef) senior economist Aviliani on Thursday said the "political year" which comes ahead of the 2024 Gener
Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto has urged foreign investors to keep coming to Indonesia and invest in the country despite the intensifying politi
March 1, 2023
Antara, Jakarta – The Indonesian government received grants amounting to US$5.5 million (equivalent to 7.2 billion South Korean won or around Rp84 billion) from South Korea to increase
Jakarta – Indonesia's annual inflation picked up slightly in February, but its core inflation decelerated more than expected, data from its statistics bureau showed on Wednesday.
Faisal Rachman, Jakarta – Indonesia, being one of the world's largest producers and exporters of natural resource commodities, has been positively impacted by the global commodity windf
February 25, 2023
Cindy Frishanti Octavia, Kupang – Governor of East Nusa Tenggara (NTT) Viktor Bungtilu Laiskodat has said that 30-40 large industries will be built to support the development of economi
February 23, 2023
Claire Jiao and Norman Harsono – Indonesians should save less money and spend more on shopping, concerts and sporting events so that consumption can drive stronger economic growth, Pres
Rangga Pandu A J, Resinta S, Jakarta – Indonesian President Joko Widodo (Jokowi) called on all governors across Indonesia to encourage public spending in a bid to drive national economi
February 21, 2023
Antara, Jakarta – The Indonesian Government is targeting to pull in Rp1,650 trillion in investment in 2024, stated Coordinating Minister for Economic Affairs, Airlangga Hartarto, at the
February 20, 2023
Riani Sanusi Putri, Jakarta – President Joko "Jokowi" Widodo attended the inauguration of the Central Executive Board of the Young Indonesian Entrepreneurs Association (BPP HIPMI) on Mo
February 14, 2023
Jayanty Nada Shofa, Jakarta – Indonesia's 2022 economic growth is beating most G20 countries, but is still far behind the world's largest oil exporter Saudi Arabia, according to Chief E
February 9, 2023
Aditya Hadi, Jakarta – Slow growth in gross fixed capital formation (GFCF), or investment, points to problems in the real sector, analysts say, though they disagree on how big an issue
February 8, 2023
Antara, Jakarta – The Institute For Development of Economics and Finance (Indef) projects that Indonesia's economy will grow 4.9 percent in the first quarter of 2023 compared to the sam
February 7, 2023
Jakarta – Although President Joko "Jokowi" Widodo, now in his ninth year in office, has never achieved the 7 percent annual economic growth he promised in the 2014 campaign, he must sti
Moh Khory Alfarizi, Jakarta – Head of Statistics Indonesia (BPS) Margo Yuwono stated in a virtual press conference said that the country's economic growth in 2022 reached 5.31 percent,
February 6, 2023
Jakarta – Indonesia is courting Tesla Inc to invest in the country, which has become a key player in the electric vehicle industrythanks to its rich nickel reserves.
Fransiska Nangoy, Gayatri Suroyo, Bernadette Christina, Jakarta – Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself ind
Kiki Siregar, Jakarta – Indonesia's economy grew 5.31 per cent in 2022, the highest in almost a decade, marking a return to its growth patterns before the COVID-19 pandemic.
February 4, 2023
Oliver Dixon, Jakarta – The Polish embassy has sent a team to the site of Indonesia's yet-to-be-built new capital city Nusantara in East Kalimantan to get a better understanding of the
February 3, 2023
Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Panjaitan has said the government will be making a deal with Tesla very soon as negotiations have entered their fin
February 1, 2023
Jakarta – President Joko Widodo is confident Tesla will finalise a deal to invest in a production facility in Indonesia, having offered the US electric car maker incentives ranging from
January 27, 2023
Riri Rahayu, Jakarta – Indonesian National Development Planning Minister or Bappenas Head Suharso Monoarfa stated that the country's economic recovery continues and is getting stronger
January 26, 2023
Jayanty Nada Shofa, Jakarta – South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts an
January 25, 2023
Fadhil Haidar Sulaeman, Jakarta – Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstr
Heru Andriyanto, Jakarta – The materialized foreign direct investment in Indonesia stood at $45.6 billion last year which the government claimed to be the highest FDI in the country's h
Tenggara Strategics, Jakarta – Indonesia's discussion with electric automaker Tesla made headline again last week as Bloomberg reported that the two are closing in on a deal.
January 17, 2023
Billy Adison Aditijanto, Jakarta – President Joko "Jokowi" Widodo has asked the banking sector to support the country's downstream industries, which the government hopes will boost the
January 12, 2023
London – Tesla Inc is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing pe
January 11, 2023
Winarno Jain, Jakarta – Questions have been raised by many over what the economic prospects of 2023 look like. This is logical after the Indonesian economy grew strongly in 2022.
January 10, 2023
Jakarta – The year 2022 concluded with a slightly higher-than-expected headline inflation of 5.51 percent.
Fadhil Haidar Sulaeman, Jakarta – Finance Minister Sri Mulyani has said the geopolitical environment has undergone a "fundamental shift", creating heightened risks for the global econom