Dion Bisara – Rising consumer income in Indonesia has prompted citizens to shop till they drop and spend more on discretionary goods and services, according to a survey by Credit Suisse

Dion Bisara – Foreign direct investment in Indonesia accelerated in the final quarter of last year due in part to investment in the metal, machinery and electronics industries.

Mariel Grazella, Dili – Indonesia and Timor Leste are keen for Indonesian state-owned enterprises (SOEs) to invest in Timor Leste to accelerate economic and infrastructure development,

East Timor is striking out on its own after 13 years of UN protection, facing the daunting challenge of how to retool its economy and ease its dependence on energy to tunnel out of pove

SP/Robertus Wardi – The hidden fees of doing business in Indonesia are a major factor keeping investors at bay and undermining the country's economic competitiveness, an analyst says.

Jakarta – Blaming bleak global economic prospects, Finance Minister Agus Martowardojo has thrown in the towel on the government's ambitious economic targets for this year.

John McBeth – After blowing like a wrecking ball through Indonesia's mining industry, the winds of nationalism are now buffeting the oil and gas sector, with a legislative revision rais

Linda Yulisman, Jakarta – Trade Minister Gita Wirjawan estimates that Indonesia's annual trade deficit could be as much as US$2 billion in 2012, as a downward trend in exports continued

Amahl S.

Yudith Ho – Indonesia's rupiah fell for a second week on concern the local supply of dollars trails demand as exports are predicted to have dropped for an eighth month.

Ridwan Max Sijabat, Jakarta – Manpower and Transmigration Minister Muhaimin Iskandar has proposed incentives for companies to help resolve disputes between workers and their employers o

Yudith Ho – Indonesia's rupiah fell to the weakest level since September 2009 as concern the current-account deficit will widen prompted investors to pull funds from the nation's assets

Jakarta – Indonesians remain confident about their country's economic outlook, but their worries about employment opportunities and inflationary pressures persist.

Jakarta – Top government officials have agreed that Indonesia must develop the service sector if the country wants to avoid the middle-income trap, a situation that many international a

Hans David Tampubolon, Jakarta – More than 400,000 jobs were to have resulted for every 1 percent increase in the nation's economic growth rate, according to the 2011 and 2012 state bud

Jakarta – Indonesia's investment shows no sign of slowing down as the country has booked another record high of realized investments in the third quarter this year, thanks to its econom

Richard Javad Heydarian – With the world's third-largest democracy and Asia's fifth-largest economy, Indonesia has emerged as a regional bastion of political stability and economic dyna

Dion Bisara – Strong growth in Indonesia in the first half of the year and an improved trade balance have prompted to World Bank to take a sunnier outlook on the nation's economy in the

Arientha Primanita & Dion Bisara – President Susilo Bambang Yudhoyono has urged developing countries to review restrictions on trade beyond tariff walls in order to boost economic d

Dion Bisara – Indonesia's problems developing infrastructure and reforming the bureaucracy may cost 1 percent to 3 percent of the country's annual GDP growth over the next decades, impe

Raras Cahyafitri, Tokyo – Indonesia risks falling into a so-called middle-income trap if it fails to improve infrastructure needed to sustain faster economic growth, says the Internatio

Raras Cahyafitri, Tokyo – The International Monetary Fund (IMF) has once again cut its estimate of Indonesia's economic growth as the global economic slowdown in Europe, the US and Chin

Dion Bisara – The Indonesian Chamber of Commerce and Industry, a strong private business lobby group, called on the government on Tuesday to establish an investment fund to be used to p

Hans David Tampubolon, Jakarta – Finance Minister Agus Martowardojo has warned private companies to properly manage their foreign debts, which have increased substantially.

Jakarta – Finance Minister Agus Martowardojo has promised he will accelerate the implementation of tax incentives to stimulate local investment.

Linda Yulisman and Rendi A.

Jakarta – Economic growth, which reached 6.4 percent in the second quarter of 2012, is largely being enjoyed by the middle- and upper-class, because it is not quality growth.

Jakarta – In the midst of a global crisis, Indonesia's economic growth recorded a positive result.

Linda Yulisman, Jakarta – Indonesia booked a trade deficit for a third consecutive month in June on higher domestic demand for capital goods and raw materials, the Central Statistics Ag

Hans David Tampubolon, Jakarta – Finance Minister Agus Martowardojo admits that there is still a lot of work to be done to ensure efficient budget spending, which has been considered a

Agustiyanti – State expenditure until May 23 of this year had only reached Rp 400 trillion ($42.4 billion), or just 27.9 percent of the year's target, data from the Finance Ministry sho

President Susilo Bambang Yudhoyono called on Monday for a closer partnership between governments and the business community to stimulate the global economy during the lingering economic

Hans David Tampubolon and Rendi A.

Gary LaMoshi, Denpasar – Indonesia has been running its own version of the China bargain.

Jakarta – After recording a negative trade balance, due to weakening global demand, Indonesian exports are likely to take another beating as commodity exporters struggle to deal with th

Linda Yulisman, Jakarta – The Industry Ministry says it will cut funding for a machinery revitalization program as part of a state budget efficiency push.

Linda Yulisman, Jakarta – The government expects the trade surplus to plunge to one-fifth of last year's level as the worldwide economic downturn will likely continue to hurt the countr

Tito Summa Siahaan – Indonesia has continued its slide down the economic competitiveness rankings compiled by a Swiss business school, suggesting the country may have failed to make the

Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) has bemoaned the slow growth of the nation's economy, attributing most of the blame on an extensive bureaucracy.

Hans David Tampubolon, Jakarta – The government has spent just over 10 percent of the total 2012 capital spending budget in the first quarter of the year, Deputy Finance Minister Anny R

Standard & Poor's rating agency, the lone holdout among its peers in keeping Indonesia's sovereign debt rating one notch below investment grade, says corruption is choking off forei

Indonesian consumers were less confident in the economy in April as they worried about rising prices, according to surveys by the central bank and brokerage firm Danareksa.

Rangga D.

Esther Samboh, Jakarta – Bank Indonesia (BI) will issue a regulation limiting ownership in local banks next month before proceeding with a formal review of planned acquisitions of Indon

Khaerudin, Nasru Alam Aziz, Jakarta – The disparity and gap between those who are rich and poor in Indonesia is clearly illustrated by data on the control of national productive assets.

David Wroe – East Timor could be slugged millions of dollars a year under the carbon tax, which is set to take a bite out of revenues from offshore natural gas fields that Australia sha

The East Timorese government has raised concerns that it risks losing millions of dollars in revenue, as a result of Australia's carbon tax.

Shamim Adam & Novrida Manurung, Singapore – Indonesia's push to lure investment is at risk from "policy slippages" such as the failure to cut fuel subsidies, said Standard & Poo

Nurdin Hasan, Banda Aceh – Newly elected Aceh governor Zaini Abdullah, on Tuesday vowed to make stability and the economy his priorities during his time in office.

Esther Samboh, Jakarta – Indonesia's commercial banks booked Rp 15.5 trillion (US$1.68 billion) in net profits in the first two months of this year, a 40.6 percent increase from a year