Dewi Nurita, Jakarta – President Joko "Jokowi" Widodo announced the government has revoked the mining business permits (IUP) of 2,078 mineral and coal mining companies today, January 6.
Economy & Investment
Displaying 301 - 350 of 3137 Documents
January 6, 2022
December 31, 2021
Fajar Pebrianto, Jakarta – Coordinating Minister for the Economy Airlangga Hartarto said the government is set to roll out four new programs of the National Economic Recovery (PEN) next
December 30, 2021
Dili – After the dual shocks of COVID-19 and natural disasters, East Timor's economy is showing some signs of recovery and this year's gross domestic product (GD) growth in real terms i
December 1, 2021
Heru Andriyanto, Jakarta – India hopes to explore the largely untapped economic potentials in its relationship with Indonesia by making direct investments without a third country channe
November 26, 2021
Anuchit Nguyen and Ishika Mookerjee – Rising commodity prices and easing border restrictions will probably fuel economic growth that helps Indonesia's key stock index extend its record
Fransiska Nangoy and Bernadette Christina, Jakarta – A court ruling in Indonesia against a new jobs creation law could dim its investment outlook, experts said on Friday, in a potential
November 15, 2021
Jakarta – Indonesia is calling on the Asia-Pacific region to strengthen partnerships in empowering micro, small and medium enterprises – or MSMEs – as well as combating the climate cris
November 12, 2021
Dili – Prioritizing and improving the quality of public spending and increasing domestic revenue is crucial to promote inclusive and sustainable economic growth in East Timor, according
November 11, 2021
Grace Nadia Chandra, Triyan Pangastuti, Jakarta – Indonesia has secured $44.6 billion of investments commitment in agriculture, healthcare, digitalization, downstream mining, renewable
November 10, 2021
Claire Jiao and Grace Sihombing – Indonesia will likely catch up on growth in the fourth quarter as its all-important consumption engine returns to high gear.
November 5, 2021
Jakarta – Indonesia's economy expanded again in the third quarter, official data showed Friday, thanks to a pick-up in exports, but the rate slowed from the previous three months as the
October 25, 2021
Arjuna Pademme, Jayapura – Lawmaker of Papua Legislative Council John NR Gobai said that forest products and other natural resources in Papua were mostly controlled by investors, who ha
October 21, 2021
Developments in the oil sector and Covid-19 vaccine aid from China and Japan will improve Timor-Leste's economic prospects, according to the Economist Intelligence Unit (EIU).
Fairuz Amanda Putri, Jakarta – Coordinating Minister for Maritime Affairs and Investment Affairs, Luhut Binsar Pandjaitan, said that the International Monetary Fund (IMF) is amazed at t
September 17, 2021
Jakarta – Indonesia's central bank is expected to keep its key interest rate steady next week as the economy gradually reopens after a recent devastating COVID-19 wave, while a record h
September 16, 2021
Dzulfiqar Fathur Rahman, Jakarta – British investors in Indonesia say running businesses in the country has become easier in some ways following the enactment of the Job Creation Law, b
September 8, 2021
Grace Sihombing and Claire Jiao – Indonesian consumers were the most pessimistic in 16 years as the government imposed prolonged lockdown measures to curb the virus outbreak that crippl
August 26, 2021
Iris Zeng, Singapore – Prioritizing digital trade is crucial to Indonesia's economic recovery and growth especially during the Covid-19 pandemic, according to experts from a recent webi
August 16, 2021
Jakarta – Indonesia's central bank will keep its benchmark interest rate at a record low on Thursday (Aug 19) as it tries to continue to support the economic recovery without adding mor
August 10, 2021
Novy Lumanauw, Triyan Pangastuti, Jakarta – Indonesia has launched a risk-based online single submission system for business licensing on Monday, a long-delayed milestone that the gover
August 9, 2021
Gayatri Suroyo Jakarta (Reuters) – Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making
August 5, 2021
Caesar Akbar, Jakarta – Statistics Indonesia or BPS Head Margo Yuwono said Indonesia had technically escaped the recession since the economy grew positively, both quarterly and annually
August 4, 2021
Jayanty Nada Shofa, Jakarta – Shenzhen-based tech firm Huawei recently unveiled its plans to bolster the Indonesian startup ecosystem, making the country an important part of its $100-m
July 27, 2021
Heru Andriyanto, Jakarta – The Netherlands has moved up ranks to become the third-largest source of foreign investment for Indonesia in the second quarter of the year.
July 15, 2021
Jakarta – Industri Baterai Indonesia, an electric vehicle battery subsidiary of state-owned largest miners, has estimated that it would need $15.3 billion in total investment to develop
July 13, 2021
Jayanty Nada Shofa, Jakarta – Central Java Governor Ganjar Pranowo pledges support for the province's industrial estate development, seeking to boost investment in the manufacturing ind
Heru Andriyanto, Jakarta – President Joko "Jokowi" Widodo vowed on Tuesday to continue with business reforms in his government's attempts to improve the ease of doing business despite t
July 12, 2021
Strong performance in the oil sector has boosted Timor-Leste's 2021 GDP growth forecast from 2.5 to 4 per cent, according to the Economist Intelligence Unit (EIU).
July 5, 2021
Emma Connors, Singapore/Jakarta – Tens of thousands of new COVID-19 cases each day have forced the Indonesian government to suspend months of careful planning to reopen the economy as i
July 1, 2021
Tabita Diela, Bernadette Christina, Jakarta – Indonesian business groups on Thursday urged authorities to ensure there is enough financial support for companies, warning that otherwise
June 14, 2021
Arlina Arshad, Singapore – Indonesian President Joko Widodo has officially granted special economic zone (SEZ) status to a technological park and an aircraft maintenance facility in Bat
June 9, 2021
Mark Lempp, Jakarta – The general recovery of business activity in Indonesia has done little so far to reduce credit risks at companies under financial pressure, according to S&P Gl
June 7, 2021
Dzulfiqar Fathur Rahman, Jakarta – The information and communications technology (ICT) sector is expected to lead economic growth in Indonesia both this year and in 2022, as the COVID-1
June 2, 2021
Dzulfiqar Fathur Rahman, Jakarta – Indonesia's inflation rate picked up in May both on an annual and monthly basis as prices of food commodities and transportation services rose during
May 31, 2021
Jayanty Nada Shofa, Jakarta – Indonesia will have the largest green industrial area in the world, according to President Joko "Jokowi" Widodo.
Dzulfiqar Fathur Rahman, Jakarta – The government is planning to postpone the launch of an online platform that aims to make it easier for investors to submit documents and secure licen
May 26, 2021
Timor-Leste's Petroleum Fund (PF) is 'well capitalised' to support economic growth, although it is currently being hampered by the pandemic, according to the Economist Intelligence Unit
May 17, 2021
Shotaro Tani, Jakarta – Two of Indonesia's largest tech startups, Gojek and Tokopedia, announced on Monday they will merge, a move that will create one of Southeast Asia's biggest tech
May 16, 2021
Antara, Jakarta – Indonesia's economy is believed to clock a nearly seven-percent growth in the 2021 second quarter following an upward trend in the realization of foreign direct invest
May 10, 2021
Jakarta – Telekomunikasi Seluler, or Telkomsel, the cellular operator unit of Indonesia's largest telecom company Telkom Indonesia, has injected $300 million new investment in ride-hail
Emma Connors, Singapore/Jakarta – Indonesia's sovereign wealth fund is finally open for business and the government of President Joko "Jokowi" Widodo has made some important concessions
May 5, 2021
Dzulfiqar Fathur Rahman – The Indonesian economy saw the latest in a series of diminishing contractions in the first quarter of 2021, staying on course for an economic recovery as the g
Shotaro Tani, Jakarta – Indonesia's economy shrank for the fourth straight quarter, as the coronavirus pandemic remains a drag on Southeast Asia's largest economy.
May 3, 2021
Jakarta – Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up an
April 27, 2021
Jakarta – The foreign direct investments into Indonesia has grown rapidly first quarter this year, reflecting investors' confidence in Indonesia's structural reform as global investment
April 26, 2021
Jakarta – Foreign direct investment (FDI) into Indonesia rose 14% in rupiah terms in the first three months of 2021 on the year, data from investment board BKPM showed on Monday.
April 21, 2021
Jayanty Nada Shofa, Jakarta – The National Development Planning Agency, or Bappenas, revealed that achieving net-zero emission would help Indonesia save the environment and escape the m
April 9, 2021
Budiarti Utami Putri, Jakarta – The House of Representatives (DPR) has officially given a green light for President Joko "Jokowi" Widodoto establish a new ministry dubbed the Investment
April 7, 2021
Jayanty Nada Shofa, Jakarta – Today, the Indonesian young generation stands to benefit from its rapid growth and capital market development that present ample investment returns in the
March 29, 2021
Mass vaccination would be the only way to bring economic recovery to Indonesia, which has been pounded by the slowdown induced by the social distancing measures due to the COVID-19 pand