Jayanty Nada Shofa, Jakarta – Chief Investment Minister Luhut Binsar Pandjaitan recently said that a Chinese textile giant would build a factory in Indonesia.

Jayanty Nada Shofa, Jakarta – Companies tend to spend the most money when doing business in Indonesia compared to other ASEAN-5 countries, according to the Indonesian Employers Associat

Jayanty Nada Shofa, Jakarta – President-Elect Prabowo Subianto wants Indonesia to achieve growth beyond 7 percent, but economic think-tank Indef is skeptical about this target as histor

Jakarta – Indonesia's economy is expected to steadily grow over the next two years on the back of domestic consumption and investment despite weak exports, a World Bank report said Mond

Amy Sood – Indonesia faces significant hurdles to realise its aim of becoming a major semiconductor player alongside Malaysia and Singapore as it does not have a coherent strategy to de

Vinnilya, Jakarta – East Java should continue to boost both its manufacturing and agricultural sectors to unlock economic growth, according to its former vice governor Emil Dardak.

Jayanty Nada Shofa, Jakarta – Indonesia is aiming to increase its gross national income (GNI) per capita beyond $5,500 in 2025 as the country wants to escape the middle-income trap, acc

Faisal Maliki Baskoro, Jakarta – Indonesia has advanced to the 27th position in the 2024 IMD World Competitiveness Ranking (WCR), a significant improvement from 34th place in 2023.

Ikhsan Reliubun, Jakarta – Deputy Chairman of the Indonesian Hotels and Restaurants Association or PHRI in Bali, I Gusti Ngurah Rai Suryawijaya, urged the local government to carry out

Antara, Jakarta – Economist Gunawan Benjamin said recently that the Kualanamu International Airport could provide a major impetus to North Sumatra's economic growth.

Antara, Jakarta – The Industry Ministry has reached an agreement with four Chinese electric vehicle (EV) manufacturers – Neta, Wuling, Chery, and Sokon – to establish Indonesia as a hub

Aditya Hadi, Jakarta – During Singapore's data center moratorium from 2019 to 2022, Johor State in Malaysia increased its data center capacity from 10 megawatts to 1.3 gigawatts.

Jakarta – The industry minister did not need to feel threatened when other ministers in President Joko "Jokowi" Widodo's cabinet recently suggested the abolition of a policy that requir

Jayanty Nada Shofa, Jakarta – Indonesian consumers remained optimistic about the country's economic conditions in May, but they have grown less confident compared to the previous month,

Linda Yulisman, Jakarta – For many shoppers, the prices are hard to resist.

Arnoldus Kristianus, Vinnilya, Jakarta – The Central Statistics Agency (BPS) reported a deflation of 0.03 percent in May 2024, marking the first deflation since August 2023.

Deni Ghifari, Jakarta – Alocal company belonging to a Chinese conglomerate is to build a cement factory in South Aceh regency, despite a nationwide moratorium in place since 2020.

Jakarta – The Job Creation Law adopts a so-called "trust but verify" approach when it comes to the issuance of business permits, according to the policy's task force.

Antara, Grace Gandhi, Jakarta – CEO of Tesla, Elon Musk, has not yet invested in Indonesia due to China's oversupply of electric vehicles (EVs), revealed Indonesian Coordinating Ministe

Vinnilya, Badung – Public Works and Housing Minister Basuki Hadimuljono highlighted several key accomplishments from the 10th World Water Forum (WWF), including the ministerial declarat

Yohana Belinda, Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has pitched Bali as an alternative hub for wealthy individuals of the region from where

Jakarta – President Joko "Jokowi" Widodo has asked Elon Musk to expand his investment in Indonesia after the tech tycoon launched his Starlink satellite internet service for the nation'

Arnoldus Kristianus, Jakarta – The government aims to achieve economic growth between 5.1 percent and 5.5 percent in 2025, focusing on sustainable inflation, the development of the elec

Jayanty Nada Shofa, Jakarta – President-elect Prabowo Subianto recently said that he was confident in achieving 8 percent economic growth within the first two or three years of his pres

Grace Sihombing and Faris Mokhtar – Indonesia's President-elect Prabowo Subianto is setting his sights on becoming the world's fastest-growing economy early in his term, with more aggre

Deni Ghifari, Jakarta – Preliminary data from Bank Indonesia (BI) point to just a slight rise in retail sales last month even as consumer confidence jumped by a respectable margin.

Hariz Baharudin, Jakarta – More Singapore companies are seeking help to enter and grow their business in Indonesia, attracted by the large market size and up-and-coming sectors in South

Jakarta – Once again, our economic momentum has been saved by private consumption, as the country's latest GDP report shows.

Faris Mokhtar – In mid-April, executives from foreign business chambers descended upon the home of an Indonesian minister to call for the removal of a new imports rule, a sign of the pr

Vinnilya, Jakarta – Despite Indonesia's robust economic growth, Chief Economist at Mirae Asset Sekuritas, Rully Arya Wisnubroto, cautioned the government about the declining trend in co

Deni Ghifari, Jakarta – Buoyed by elevated domestic consumption during the Islamic festive season and the presidential election, Indonesia's economy again exceeded market expectations a

Annisa Febiola, Riri Rahayu, Majalah Tempo, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan disclosed the latest updates on

Jakarta – The recent visits of the CEOs of Apple and Microsoft to Indonesia are highly encouraging for the country's business climate and have strengthened its reputation as a thriving

Arnoldus Kristianus, Jakarta – Based on the latest data from the Central Statistics Agency (BPS) via the National Labor Force Survey (Sakernas), Indonesia's unemployment number decrease

Anisa Fauziah, Jakarta – Despite major implications from the continued strengthening of the US dollar, Finance Minister Sri Mulyani Indrawati said on Friday that the Indonesian economy

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) has reported that inflation in April remained well within the central bank's target range, indicating the success of consistent mone

Jakarta – The International Monetary Fund (IMF) has given some comments on Indonesia's economy as the country is undergoing a government transition from President Joko Widodo to Preside

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) recorded a monthly inflation rate of 0.25 percent in April 2024, driven by rising transportation costs as millions of

Jakarta – Coordinating Minister for Economic Affairs, Airlangga Hartarto, promotes Indonesia's Special Economic Zones to British investors, assuring them of certainty in doing business

Jakarta – Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia – the single largest investment in Microsoft's

Ahmad Syamsudin, Dili, Timor-Leste – Jose do Santos was once a construction foreman in Dili who oversaw the rise of buildings symbolizing Timor-Leste's progress after its triumphant vot

Jayanty Nada Shofa, Jakarta – Indonesia has recorded foreign direct investments (FDI) worth Rp 204.4 trillion, approximately $12.5 billion, in the first quarter of 2024, the government

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati predicts Indonesia's economic growth in the first quarter of 2024 will reach 5.17 percent, driven by strong househo

Jakarta – The Job Creation Law is expected to create a more inclusive economy for Indonesia, according to the task force that is in charge of promoting the policy.

Annisa Febiola, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, revealed tech giant Apple's plans for a substantial investment i

Arnoldus Kristianus, Jakarta – Indonesia will need a total investment of at least Rp 7,130 trillion ($440.8 billion) to attain economic growth of up to 5.6 percent next year, a governme

Trissia Wijaya – Indonesia's president-elect, Prabowo Subianto, committed to deepening relations with China in a meeting with President Xi Jinping on Monday, 1 April.

Deni Ghifari, Jakarta – Further escalation in the Middle East conflict could pose multi-layered economic risks to Indonesia, ranging from further capital outflows to weaker gross domest

Jayanty Nada Shofa, Jakarta – The Indonesian economy will likely slow down if the Middle East conflict worsens following Iran's retaliatory strike on Israel, according to experts.

Yudono Yanuar, Jakarta – Indonesia has secured the third spot among the top 20 most competitive countries in Asia to attract investors, based on research conducted by the financial and