Deni Ghifari, Jakarta – Indonesia's economy expanded at a much slower rate last year, with weaker household spending and exports weighing on the country's economic output.

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) has reported that Indonesia's economy expanded by 5.05 percent in 2023.

Jakarta – Indonesia's economic growth slowed last year owing to weak exports driven by lower commodity prices, official data showed Monday.

Bengaluru – Indonesia's economy grew 5.0 per cent in the fourth quarter from a year earlier, supported by resilient domestic consumption, despite exports shrinking and commodity prices

Monique Handa Shafira, Jakarta – The Central Statistics Agency (BPS) reported a year-on-year inflation rate of 2.57 percent and a month-to-month rate of 0.04% for January 2024, in line

Jakarta – Finance Minister Sri Mulyani Indrawati has said that controlling volatile food prices, including rice, chilies and onions, is one of the government's main focuses to curb infl

Defara Dhanya Paramitha, Jakarta – Institute for Economic and Social Research – Faculty of Economics and Business, University of Indonesia (LPEM FEB UI) has recently released Indonesia'

Tenggara Strategics, Jakarta – The Indonesian government has major work ahead for its electric vehicle (EV) ambitions as fewer than 1,000 units of fuel-based motorcycles were converted

Jayanty Nada Shofa, Jakarta – Indonesia has attracted a total of Rp 1,418 trillion (around $90.2 billion) in investment throughout 2023, surpassing what the government has targeted for

Arnoldus Kristianus, Jakarta – The development of 20 Special Economic Zones (SEZs) across various regions in Indonesia has attracted investments totaling Rp 177.5 trillion ($11.36 billi

Aditya Hadi, Jakarta – Chinese electric vehicle (EV) manufacturer BYD has vowed to set up a production facility in Indonesia this year.

Ichsan Ali, Jakarta – Newly inaugurated Chairman of the Business Competition Supervisory Commission (KPPU) M Fanshurullah Asa has revealed that the monopoly watchdog will prioritize ove

Monique Handa Shafira, Jakarta – China's electric vehicle producer Build Your Dreams (BYD) plans to invest $1.3 billion (Rp 20.3 trillion) to build a manufacturing plant in Indonesia wi

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to keep the BI 7-Day Reverse Repo Rate (BI7DRR) at 6 percent, as the inflation rate cools down to 2.61 percent, the lowest

Alfida Rizky Febrianna, Jakarta – The Indonesian Employers Association (Apindo) is advising businesses to approach expansion plans with caution this year, citing the World Bank's foreca

Jayanty Nada Shofa, Jakarta – Indonesia is taking note of China's strategy of ramping up its human capital and research development for greater economic growth.

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo said Monday that Vietnam could be more prosperous than Indonesia if Jakarta failed to invest in its human capital.

Antara, Jakarta – Vietnam-based automotive company VinFast Auto Ltd.

Arnoldus Kristianus, Alfida Rizky Febrianna, Jakarta – The Central Statistics Agency (BPS) recorded a monthly inflation rate of 0.41 percent in December 2023, the highest throughout the

Faisal Maliki Baskoro, Jakarta – Businesses have shown resilience and growth throughout 2023, but for some companies, this year marks their final chapter.

Jakarta – After five years of efforts to become a global hub for electric vehicles (EV), this may be a good time for Indonesia to do some self-reflection.

Jakarta – State-Owned Enterprises (SOEs) Minister Erick Thohir said Indonesia had improved in Islamic economy, ranking third globally in the 2023 State of the Global Islamic Economy (SG

Deni Ghifari, Jakarta – Strong consumption has helped Indonesia achieve relatively good economic performance this year despite having to face the beginning of the end of the commodity b

Antara, Jakarta – Energy and Mineral Resources Minister Arifin Tasrif on Friday said that Indonesia has three attractions that can draw investors to the country.

Herman, Jakarta – Vice-presidential candidate Mohammad Mahfud MD said that Indonesia's economic growth has never reached the 7 percent mark since the start of the reform era in 1998.

Ruth Dea Juwita, Jakarta – Indonesia, trailing its neighbors in the electric vehicle (EV) race, is stepping on the gas with a package of tax incentives aimed at revving up its domestic

Moh. Khory Alfarizi, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati assessed that ASEAN and G20 countries continue to experience weak economic growth.

Jakarta – Indonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, a new presidential regulation

Defara Dhanya Paramitha, Jakarta – The Executive Director of the Center of Reform on Economics (CORE) Mohammad Faisal estimated that the inflation rate in Indonesia in 2024 will be simi

Moh. Khory Alfarizi, Jakarta – Presidential candidate Anies Baswedan spoke of Indonesia's issue with regulatory inconsistencies.

Antara, Jakarta – Presidential candidate number 2 Prabowo Subianto claimed that he's striving to realize President Joko Widodo's ambition of downstream in every sector.

Jayanty Nada Shofa, Jakarta – Indonesia has targeted to attract Rp 1,650 trillion (about $106 billion) in combined foreign and domestic investment next year in hopes of spurring economi

Amelia Rahima Sari (Antara), Jakarta – Indonesian Investment Minister Bahlil Lahadalia stated that the country's investment target next year is a challenge. Why so?

Jayanty Nada Shofa, Jakarta – Many Hong Kong businesses of different sectors are seeking to expand to Indonesia, thus showing that the upcoming election has little effect on investors'

Trissia Wijaya – The Indonesia-China relationship has attained new dimensions over the past few years.

Jayanty Nada Shofa, Jakarta – Indonesia is trying to attract more South Korean investors into the country by promising business profitability.

Melbourne – Nickel Industries is inviting electric vehicle and battery makers including Tesla to its Indonesian facilities as it seeks potential investors to the plant, the Australian c

Jakarta – Indonesia's President Joko Widodo on Friday launched construction of a carbon capture, utilisation and storage (CCUS) project in West Papua province operated by BP Plc (BP.L),

Riri Rahayu, Jakarta – The Indonesian Coordinating Ministry for Maritime and Investment Affairs denied claims that Tesla withdrew its investment plan in Indonesia.

Jayanty Nada Shofa, Jakarta – American oil and gas giant Exxon Mobil is planning to invest up to $15 billion in Indonesia for a green petrochemical refinery and carbon capture storage (

Dewa Ketut S W, Resinta Sulistiyandari, Badung, Bali – The Transportation Ministry offers opportunities for the private sector to manage government-run ports to reduce the state budget

Jakarta – Indonesia's central bank expects headline inflation to accelerate to 3.2 per cent next year due to higher global food and energy prices, its governor said on Monday, vowing to

Rafi Adis Subarna – Indonesia has long been wooing Tesla to open its production facilities at home but the investment plan realization has yet to be fruitful.

Dicky Kurniawan, Defara Dhanya Paramitha, Jakarta – Chairman of the Indonesian Electric Motorcycle Industry Association (Aismoli) Budi Setiyadi said that currently, there are three comp

Jakarta – Economic growth in the third quarter was lower than many had expected, dropping below the 5 percent mark for the first time since the COVID-19 pandemic.

Jakarta – The Indonesian economy expanded by 4.94 percent year-on-year in the third quarter of this year, marking the first time it failed to reach the 5 percent mark in the past nine q

Stefanno Sulaiman and Gayatri Suroyo, Jakarta – Indonesia's economy logged solid growth in the third quarter, although it slowed more than expected to its weakest in two years as export

Jakarta – Indonesia is unlikely to achieve developed-country status by 2045 due to the less-than-optimal growth of its domestic economy.

Deni Ghifari, Jakarta – Rice once again contributed more than any other commodity to inflation in October, Statistics Indonesia (BPS) revealed on Wednesday.

Faisal Maliki Baskoro, Jakarta – The Central Bureau of Statistics (BPS) has announced that the monthly inflation rate in October 2023 has dropped to 0.17 percent, a slight slowdown from