Jakarta – For the fifth month in a row, the central bank slashed its key interest rate to bolster domestic demand and stimulate economic growth slowed by a sharp drop in exports.

Aditya Suharmoko, Jakarta – Exports have continued falling, by another third in February, signaling a further drop in forecast growth, says the Central Statistics Agency (BPS).

Dion Bisara & Muhamad Al Azhari – The nation's exports continued to fall in February, off by nearly 33 percent year-on-year and 1.02 percent month-on-month to $7.08 billion, the Cen

Indonesia's export performance in February dropped by 36.86 percent in terms of value compared to the same period last year, the Central Statistics Agency reported on Wednesday.

Aditya Suharmoko, Jakarta – The central bank has cut its forecast for Indonesia's economic growth this year, as the impacts of the global economic turmoil look likely to hit the country

Alfian, Jakarta – Major parties promised to treat foreign investors equally, although their representatives did not elaborate on whether they would maintain or revise business regulatio

Aditya Suharmoko, Jakarta – Indonesia is unlikely to follow the path taken by regional peers to allow the local currency to fall against the dollar to make exports more competitive amid

Jakarta – Indonesians should prepare for the worst as the global economy looks set to slide further over the next few years, economists and alumni from the association of the National R

Jakarta – The food and beverage sector will be one of the business sectors to directly benefit from the general elections, with producers expecting the five-yearly event to generate Rp

Lindsay Murdoch, Darwin – Jose Ramos-Horta has intervened to delay a controversial $400 million deal to buy three highly polluting second-hand power stations for East Timor.

Muhammad Al Azhari – The country's chief economic minister and a top banking official are apparently at odds about the risks that private sector debt, which is due to roll over this yea

Mustaqim Adamrah and Aditya Suharmoko, Jakarta – Indonesia has proposed to world's big economies a kind of facility that will help companies extend their matured debts to cope with the

Jakarta – More than 40,000 workers in Jakarta have lost their jobs so far this year, according to the Jakarta chapter of the Indonesian Employers Association (Apindo).

Aditya Suharmoko, Jakarta – Indonesia has officially agreed US$5.5 billion of loans from Australia, Japan, the World Bank (WB) and the Asian Development Bank (ADB) to help fill shortfal

Lilian Karunungan – Indonesia's rupiah erased losses on speculation the central bank intervened to support the currency. Government bonds rose.

Teguh Prasetyo – Indonesian exporters are projecting an increasingly bleak outlook for the coming months, with January-April orders likely to drop by as much as 30 percent, particularly

Muhamad Al Azhari – Emerging-market countries such as Indonesia are struggling for increasingly scarce liquidity in global financial markets as they compete with the US Treasury's plans

Jakarta – In addition to declining exports, Indonesia's industry is under another threat of equally great significance – a continued drop in imports of key raw materials.

Aloysius Unditu and Arijit Ghosh – Indonesia's exports fell the most in more than 22 years in January and inflation slowed the following month, increasing scope for the central bank to

The rupiah has weakened again for the seventh straight week, prompting the government to search for new ways to stabilize the volatile currency.

Aditya Suharmoko, Jakarta – Legislators approved late on Tuesday a provision in the 2009 state budget that enables the government to unleash its much-needed stimulus package, and even i

Aditya Suharmoko, Jakarta – The government will continue trying to improve the investment climate, which has been reformed since 2005, to attract more investment to stimulate the countr

Jakarta – Indonesia's central bank will support the rupiah currency and may "add more ammunition" to contain the volatility, the central bank governor said on Friday, reiterating earlie

Endy M. Bayuni, Sydney – Australia wants a better investment climate and Indonesia wants assistance with its own production capacity.

United Nations – Oil-rich East Timor can maintain double-digit economic growth in 2009 because falling prices for commodities should reduce spending on imports, East Timor's president t

Jakarta – Indonesian exporters, especially labor-intensive ones, may get some much-needed support – in the form of relief on debt payments and capital expenditure subsidies – to help th

Aditya Suharmoko, Jakarta – The economy grew the slowest in two years in the fourth quarter of 2008 as the global economic slowdown slashed commodity prices and export demand.

Arijit Ghosh and Michael Munoz – Indonesia's economy, Southeast Asia's biggest, probably expanded at the slowest pace in more than two years in the fourth quarter as exports slumped.

Mustaqim Adamrah, Jakarta – The government is intensifying efforts to bolster the domestic market, already boosted by the introduction of import restrictions.

Jakarta – Indonesian civil servants will be ordered to buy locally made products for everything from clothes to movies under rules intended to boost demand amid the global economic cris

Jakarta – Indonesia's economy grew 5.2 percent in the final quarter of 2008, the slowest annual pace since mid 2006, and is expected to cool further, raising the spectre of deeper inter

Yayat Supriatna, Jakarta – Indonesia's trade minister said on Saturday export volumes for non-oil and gas are set to fall 20-30 percent this year from 2008 as global trade slows, dealin

Jakarta – Sales of new cars, vans and trucks declined in January on the slowdown in economic growth which dampened local purchasing power.

Jakarta – The Infrastructure Fund – which would provide alternative financing for development projects – may be up and running as early as March.

Jakarta – Indonesian consumer confidence rose slightly in January, helped by expectations of easing inflation in Southeast Asia's biggest economy after a series of cuts in subsidised fu

Jakarta – Soaring loan defaults in some economic sectors has raised questions over the severity of the impact of the global economic crisis on Indonesia.

Fitri Wulandari and Yayat Supriatna, Jakarta – Indonesia's export growth is expected to slow sharply this year amid the global downturn, the trade minister warned on Tuesday, delivering

Indonesia is getting pummelled by the global economic meltdown, with December exports plunging 20 per cent from a year earlier as overseas demand shrinks.

Aloysius Unditu – Indonesia's inflation slowed to a nine-month low and exports fell the most in seven years, prompting speculation that the central bank will cut interest rates this wee

Jakarta – The country's largest shipping terminal forecasts container handling to plunge heavily this year due to slowing exports and imports.

Aditya Suharmoko, Jakarta – Businesses have warned the government against giving firms in labor-intensive sectors a waive in employees' taxes they normally bear, with details of the pla

Aditya Suharmoko, Jakarta – After giving conflicting figures, the government has finally set the stimulus at Rp 71.3 trillion (US$6.31 billion) to boost the economy amid the threat of c

Aditya Suharmoko, Jakarta – Indonesia's top banks Bank Mandiri and Bank BNI have started cutting their lending rates in response to the central bank's rate cut.

Peter Gelling, Jakarta – That it is probably the worst time in history to start a daily newspaper is not, at least for the moment, on the minds of the people behind The Jakarta Globe.

Jakarta – Indonesia's central bank may ease regulations covering non-performing loans in order to make it easier for banks to increase their lending, a central bank deputy governor said

Desy Nurhayati, Jakarta – Experts have criticized the government for claiming they will continue to drive down unemployment and poverty rates despite data showing the global financial c

Muklis Ali, Jakarta – Indonesia raised the forecast for its 2009 budget deficit to 2.5 percent of GDP on Tuesday, from 1 percent previously, as the government seeks to counter the globa

Jakarta – Indonesia's consumer confidence fell slightly in December, mainly because of concerns about job losses amid the global economic crisis, two surveys showed.

Mustaqim Adamrah, Jakarta – While a new export regulation will help cover local firms from risk of payment default, several business associations say it may spook potential overseas buy

Jakarta – Indonesia will require commodities exporters to use letters of credit issued by local banks in future, to make sure that foreign exchange remains onshore, the trade minister s