Whisnu Bagus Prasetyo, Tangerang – Chief Investment Minister Luhut Binsar Pandjaitan recently met with two of the world's wealthiest families in Bali to discuss plans for establishing f

Teguh Adi Prasetyo, Mita Amalia Hapsari, Jakarta – The power struggle within the Indonesian Chamber of Commerce and Industry (Kadin) escalated on Monday as both the newly-appointed chai

Heru Andriyanto, Monique Handa Shafira, Jakarta – Renowned business executive Anindya Bakrie was appointed chairman of the Indonesian Chamber of Commerce and Industry (Kadin) on Saturda

Nazarudin Latif, Jakarta – Triana Rahmawati, a mother of two, lost her publishing job in Jakarta earlier this year, forcing her family to cut back on spending drastically.

Jayanty Nada Shofa, Jakarta – A top brass at the Bank of America recently said that Indonesia should have no problem attracting trillions of rupiah of investments, including from foreig

Jakarta – Investors in Indonesia invariably laud the "burgeoning middle class" as one of several things the country has going for it.

Ilona Estherina, Jakarta – An economist from the Institute for Development of Economics and Finance (Indef), Eko Listyanto, asks President-elect Prabowo Subianto to shelve various polic

Jayanty Nada Shofa, Jakarta – Bank Indonesia announced Monday that people had become more confident in the country's economy, thus maintaining the trend of growing consumer optimism.

Antara, Jakarta – Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced that Indonesia's investment realization for the first half of 2024

Dicky Kurniawan, Jakarta – Indonesian Investment Minister or Head of the Investment Coordinating Board (BKPM) Rosan Roeslani revealed the reason behind Tesla's decision not to invest in

Ruth Dea Juwita, Jakarta – Indonesian unicorns, once thriving start-ups valued at over US$1 billion, seem to have lost their direction over the past few years with funding becoming incr

Ilona Estherina, Jakarta – Indonesia experienced a monthly deflation of 0.03 percent in August 2024, according to Statistics Indonesia (BPS).

Greget Kalla Buana and Anisa Indah Pratiwi – Indonesia's middle class is shrinking.

Jakarta – A declining middle class population in Indonesia is ringing alarm bells in the country, analysts have warned, even as the government introduces a raft of measures aimed at sup

Sukma Kanthi Nurani, Ilona Estherina, Haura Hamidah and Rachel Faradiba, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto, held a meeting at his office on Tuesday

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani admitted Wednesday that a 5-percent growth would not be enough for Indonesia to become a high-income country by its centennia

Deni Ghifari and Aditya Hadi, Jakarta – President Joko "Jokowi" Widodo says the green economy and Prabowo Subianto 's flagship free meals program will prop up economic growth next year

Alfi Dinilhaq, Jakarta – The government has set a 5.2 percent economic growth target in the 2025 State Budget Draft, marking the beginning of President Prabowo Subianto's administration

Winarno Jain, Jakarta – In the 10 years of Joko "Jokowi" Widodo's presidency (2014-2024) Indonesian economic growth has been sustainable, resilient and relatively high.

Jakarta – Conventional wisdom has it that, while Indonesia may have all sorts of problems, at least the country's macroeconomic fundamentals are in order.

Richaldo Hariandja – A black double-cabin, four-wheel-drive pickup truck stopped in front of a fresh fish store in Kampung Baru, Mangkupadi village, in North Kalimantan, and three Chine

Alfida Rizky Febrianna, Jakarta – The Economic and Social Research Institute (LPEM) at the University of Indonesia's Faculty of Economics and Business (FEB UI) has reported a troubling

Jayanty Nada Shofa, Jakarta – Indonesian consumers are becoming slightly more upbeat about the country's overall economic conditions as of July after months of weaker optimism, accordin

Ifan Ahmad, Celvin Moniaga Sipahutar, Jakarta – Indonesia's workforce is feeling the strain of the global economic slowdown, with a significant rise in job losses.

Amy Chew – Indonesia's President-elect Prabowo Subianto will face a challenging economic landscape when he takes office in October, marked by slowing growth and heightened geopolitical

Jayanty Nada Shofa, Jakarta – The Indonesian economy grew 5.05 percent year-on-year (yoy) in the second quarter of 2024, according to the Central Statistics Agency (BPS).

Rama Sukarta, Jakarta – The Central Statistics Agency (BPS) reported a deflation of 0.18 percent for July 2024, with the Consumer Price Index (CPI) dropping from 106.28 in June to 106.0

Deni Ghifari, Jakarta – South Korea has surpassed the US and Japan to become the third-largest foreign direct investor in Indonesia as two Seoul-based companies kickstarted the archipel

Jayanty Nada Shofa, Jakarta – Indonesia announced Monday that it already passed the halfway mark of its investment target as the archipelagic country collected Rp 829.9 trillion (almost

Yohana Belinda, Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says the government has decided to designate the Batang Integrated Industrial Zone (KITB

Alfi Dinilhaq, Paris – State-Owned Enterprises Minister Erick Thohir met with TikTok CEO Shou Zi Chew and YouTube CEO Neal Mohan to discuss the potential of Indonesia's digital economy,

Bella Evanglista, Jakarta – President Joko "Jokowi" Widodo officially inaugurated the operational phase of the Batang Integrated Industrial Area (KITB) in Central Java on Friday.

Antara, Jakarta – The Indonesian government is aiming to reduce logistics costs from 14.29 percent to 8 percent of the Gross Domestic Product (GDP) to encourage more efficient and compe

Jakarta – Indonesian President Joko Widodo on July 26 launched the second phase of an industrial complex in Central Java intended to attract investors looking to diversify their supply

Mita Amalia Hapsari, Jakarta – In a recent meeting at the Presidential Palace in Jakarta, Anna Bjerde, Managing Director of Operations at The World Bank, lauded Indonesia's impressive e

Jakarta – Indonesia will provide longer tax exemptions and other fiscal and non-fiscal benefits to investors in its special economic zones (SEZs), a senior government official has confi

Alfida Rizky Febrianna, Jakarta – The Financial Services Authority or OJK's plans to raise the online loan limit to Rp 10 billion ($617,549) is expected to be helpful for new businesses

Arnoldus Kristianus, Jakarta – The government is set to inaugurate four new Special Economic Zones (SEZ) with a total investment of Rp 161 trillion ($10 billion) in Batam, Sulawesi, and

Divya Karyza, Jakarta – The government has reaffirmed BYD's plan to build an electric vehicle (EV) factory in Indonesia after the Chinese automaker completed building its first Southeas

Tim Tempo, Jakarta – President-elect Prabowo Subianto expressed optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his

Jayanty Nada Shofa, Jakarta – Investment Minister Bahlil Lahadalia recently denied claims of China having a monopoly on foreign investments in Indonesia.

Annisa Febiola, Jakarta – Minister of Investment Bahlil Lahadalia said Indonesia's economic growth in 2023 was one of the best in the world, supported by a strong investment rate.

Ikhsan Reliubun, Jakarta – A senior economist from the University of Indonesia (UI) Faisal Basri said he's skeptical that the global ultrarich would deposit their funds in Indonesia, in

Jayanty Nada Shofa, Jakarta – Bank Indonesia revealed Monday that consumers were still quite upbeat about the country's overall economic conditions as of June, but data showed that Indo

Nandito Putra, Jakarta – The Center for Strategic and International Studies (CSIS) said that Indonesia still has some problems in pursuing sustainable trade and investment.

Aditya Hadi, Jakarta – Indonesia saw its manufacturing purchasing managers' index (PMI) drop to a 13-month low in June as companies recorded a slower growth rate for both new orders and

Arnoldus Kristianus, Jakarta – Indonesia's annual inflation rate slows to 2.51 percent in June 2024, driven mainly by decreases in food, beverages, and tobacco prices, the Central Stati

Aditya Hadi, Jakarta – Indonesia has a bigger revenue gap between small and big firms than other emerging markets, such as India, Mexico, the Philippines and Turkey, according to a Worl

Wahyudi Soeriaatmadja, Jakarta – Indonesia's start-ups are struggling to compete against their cash-rich foreign rivals, with the nation's two largest unicorns GoTo and Bukalapak seeing

Jayanty Nada Shofa, Jakarta – The Indonesia Investment Authority (INA), the country's sovereign wealth fund, announced Friday that it had recently signed a partnership deal with the Aus