Jayanty Nada Shofa, Jakarta – Indonesia announced Friday that it had attracted Rp 1,714.2 trillion or approximately $105 billion throughout 2024 with a significant portion of the money
Economy & Investment
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January 31, 2025
Siwage Dharma Negara – Indonesia weathered significant challenges in 2024.
Bisnis.com, Jakarta – Singapore remains Indonesia's largest investor over the past decade, recording a total of US$20.1 billion in investment in 2024 alone, said Minister of Investment
January 27, 2025
Damien Kingsbury – There appeared to be a moment of clarity in 2023 when the government of Timor-Leste recognised that it was facing a looming financial disaster and started to make pre
January 24, 2025
Yogi Eka Sahputra, Batam – Business players in Batam City have complained about the recent increase in gas prices.
Victoria Wanata, Jakarta – Indonesia pitched domestic renewable and green energy investments to businesses and foreign representatives at the World Economic Forum (WEF) Annual Meeting r
Jakarta – President Prabowo Subianto's target of 8 percent economic growth this year seems like a futile endeavor.
January 23, 2025
Antara, Jakarta – The Industry Ministry has revealed that US technology giant Apple plans to invest approximately $200 million in an AirTag device manufacturing plant on Batam Island.
January 22, 2025
Arnoldus Kristianus, Heru Andriyanto, Jakarta – Indonesia's special economic zones (SEZs) attracted Rp 90.1 trillion ($5.5 billion) in new investment and created 47,747 jobs last year,
January 17, 2025
Arnoldus Kristianus, Jakarta – Indonesia aims to exceed the World Bank's 2025 growth projection of 5.1 percent, targeting 5.2 percent by boosting domestic consumption and encouraging lo
January 16, 2025
Celvin Moniaga Sipahutar, Jakarta – President Prabowo Subianto on Thursday called for stronger collaboration between businesses and the government to achieve an ambitious economic growt
Celvin Moniaga Sipahutar, Jakarta – Anindya Novyan Bakrie, the president and CEO of the Bakrie Group, was officially inaugurated on Thursday as chairman of the Indonesian Chamber of Com
January 15, 2025
Hendro Dahlan Situmorang, Jakarta – Anindya Novyan Bakrie, elected as Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) during a congress on Sept.
January 12, 2025
Padang, W Sumatra – Manpower Minister Yassierli emphasized that the first half of 2025 is crucial for determining Indonesia's success in realizing its Golden Indonesia 2045 vision, whic
January 11, 2025
Jakarta – In 1996 Tommy Suharto, the youngest, son of Indonesia's dictator, set out to build the Timor, a national car.
Catherine Thorbecke, Tokyo – Indonesia isn't taking a step back from its hardball approach to Apple.
January 9, 2025
Ruth Dea Juwita, Jakarta – The government has welcomed Apple Inc.'s US$1 billion commitment to build a manufacturing facility in Batam Island, but the ban on local sales of the iPhone 1
January 6, 2025
Han Revanda, Jakarta – Minister of Industry Agus Gumiwang Kartasasmita said that Apple Inc.'s investment commitment of US$1 billion, equivalent to Rp16.14 trillion (at an exchange rate
January 3, 2025
Deni Ghifari, Jakarta – Inflation in Indonesia has dropped to the lowest year-end rate ever recorded by the country's statistics agency since it began tracking consumer prices more than
January 2, 2025
Arnoldus Kristianus, Jakarta – Indonesia's annual inflation rate for December 2024 stood at 1.57 percent, aligning with the government's target of around 2.5 percent.
January 1, 2025
Aisyah Llewellyn, Medan, Indonesia – Winston, a medical doctor who lives and works in the capital of North Sumatra Province, is a self-proclaimed Apple fan.
December 31, 2024
Alif Ilham Fajriadi, Jakarta – Indonesian President Prabowo Subianto alluded to the western understanding of economics known as neoliberalism.
December 30, 2024
Jakarta – Indonesia has proven its economic resilience this year, with expected gross domestic product (GDP) growth of 5 percent, according to the World Bank, International Monetary Fun
Mita Amalia Hapsari, Jakarta – President Prabowo Subianto took a jab at his critics during a keynote speech at the National Development Planning Forum (Musrenbangnas) on Monday while re
December 23, 2024
Vendro Immanuel G, Jakarta – Deputy Minister of Manpower Immanuel Ebenezer expressed suspicion regarding the bankruptcy of PT Sri Rejeki Isman Tbk or Sritex.
December 21, 2024
Claire Jiao – Indonesia claimed victory after Apple Inc.
December 20, 2024
Oyuk Ivani S, Erwin Prima, Jakarta – Chairman of the Indonesian Fiber and Filament Yarn Producers Association (Apsyfi) Redma Gita Wirawasta, said over the past two years, as many as 60
December 19, 2024
Putra Muskita, Jakarta – When reports started to come out about Indonesia's shrinking middle class, I read them with great interest. Because this is about me.
Alfi Dinilhaq, Jakarta – Chinese automaker BYD's (Build Your Dream) new electric vehicle (EV) manufacturing plant in Subang, West Java, is expected to be completed ahead of schedule and
December 13, 2024
Djaka Riyanto, Cikarang – Daikin Industries Indonesia (DIID) has completed its first full-scale air conditioner (AC) factory in Cikarang, West Java.
December 12, 2024
Nabiila Azzahra, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto has provided further context regarding the recent comments made by President Prabowo Subianto ab
December 11, 2024
Monique Handa Shafira, Jakarta – Indonesia is aiming for Rp 1,906 trillion ($119.72 billion) in investment for 2025, marking a 15.45 percent increase from the 2024 target.
December 9, 2024
Jayanty Nada Shofa, Jakarta – President Prabowo Subianto would need Rp 13,528 trillion or approximately $900 billion from foreign and domestic investors if he wants to make his 8 percen
December 5, 2024
Alfida Rizky Febrianna, Jakarta – The planned increase in Indonesia's value-added tax (VAT) rate from 11 percent to 12 percent could reduce the country's gross domestic product (GDP) by
M.
Asher Ellis – Indonesia's recent scuffle with Apple over iPhone 16 sales offers a revealing window into the Prabowo administration's emerging trade and industrial policy.
Jayanty Nada Shofa, Jakarta – The business deals that President Prabowo Subianto had secured from his first-ever foreign trip had totaled $21.36 billion, much bigger than the previously
December 3, 2024
Beritasatu Team, Jakarta – The Investment Ministry/the Investment Coordinating Board (BKPM) is creating a roadmap for the downstream industrialization of 28 key commodities in Indonesia
Beritasatu Team, Jakarta – The Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced plans to improve transparency in business licensing pr
December 2, 2024
Jakarta – The annual inflation was recorded at 1.55 percent in November, compared to 1.71 percent in the previous month, driven primarily by price hikes in food, beverages, and tobacco
November 29, 2024
Arnoldus Kristianus, Jakarta – As global economic pressures intensify, Bank Indonesia (BI) has projected that Indonesia's economy will remain resilient despite challenges arising from g
November 27, 2024
Ruth Dea Juwita, Jakarta – AUS$100 million investment bid from Apple Inc. has failed to convince the government to revoke a ban on sales of the new iPhone 16 in Indonesia.
November 26, 2024
Jayanty Nada Shofa, Jakarta – The online gambling epidemic in Indonesia has little to no direct impact on Indonesia's investment climate, according to a deputy minister.
Jayanty Nada Shofa, Jakarta – A freshly launched report shows that American businesses have invested $67 billion in Indonesia over the past decade, but Jakarta's local content rules, am
November 23, 2024
Faisal Maliki Baskoro, Jakarta – The Jakarta Composite Index (JCI) inched up 0.48 percent to close at 7,195.57 during the week of Nov.
November 22, 2024
Ruth Dea Juwita, Jakarta – The Industry Ministry is assessing an upgraded investment proposal from Apple Inc.
November 21, 2024
Jakarta – Luhut Binsar Pandjaitan – An economic affairs advisor to President Prabowo Subianto – revealed Thursday that many foreign-owned businesses in Indonesia's tourist haven of Bali
November 19, 2024
Tria Dianti, Jakarta – After holding their breath for nearly eight months, Southeast Asia investors and economists heaved a sigh of relief when Indonesia's "rock star" economist, Sri Mu
November 15, 2024
Aisyah Llewellyn, Medan, Indonesia – Halimah Nasution used to feel as if she had it all.
November 14, 2024
Agnes Valentina Christa, Jakarta – Indonesia's digital economy is projected to reach a gross merchandise value (GMV) of $90 billion (Rp 1,422 trillion) this year, marking a 13 percent i
