Deni Ghifari, Jakarta – Indonesia could face an overheating economy if President Prabowo Subianto goes ahead with his plan to push the country's gross domestic product growth to 8 perce

Erwin Renaldi and Toby Mann – He sells rice, oil, sugar and other daily essentials, but customers have been a relatively rare sight recently for Erick Saputra.

Laura Mobini-Kesheh and Eve Warburton, Jakarta – President Prabowo Subianto inherits an economy that, compared with a decade ago, is more reliant upon extractive industries, consumes fa

Jakarta – The Indonesia Market Outlook 2025 survey by Inventure revealed that 49 percent of the middle class has experienced a decrease in purchasing power.

Hammam Izzuddin, Jakarta – Jemmy Kartiwa Sastratmaja, the Chair of the Indonesian Textile Association (API), said the textile giant Sritex's bankruptcy is inseparable from the global ec

Thresa Sandra Desfika, Jakarta – Shares of consumer goods company Unilever Indonesia (UNVR) took a steep dive in early trading on Thursday, dropping 6 percent to Rp 2,190, following dis

Stefanno Sulaiman, Jakarta – Indonesian President Prabowo Subianto wants to establish a new investment agency that would become a holding company for state investments, similar to Singa

Adil Al Hasan, Rr.

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati has projected Indonesia's economic growth to reach 5.1 percent by the end of 2024, slightly below the 5.2 percent t

Wahyudi Soeriaatmadja, Jakarta – Indonesia's incoming president Prabowo Subianto has plans to grow the country's economy with pitches centred on investor-friendly and tourist-centric po

Arti Ekawati – On October 20, Prabowo Subianto will be inaugurated as Indonesia's president.

Celvin Moniaga Sipahutar, Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo's decade-long leadership has spurred the massive development of Indonesia's special economic zones

Jayanty Nada Shofa, Jakarta – Indonesia has attracted Rp 1,261.4 trillion (nearly $81 billion) in combined investments from both foreign and domestic investors so far this year as of Se

Yolanda Agne, Jakarta – President-elect Prabowo Subianto is optimistic that Indonesia could achieve the 8 percent economic growth target within two to three years of his administration.

Najla Nur Fauziyah, Jakarta – Tauhid Ahmad, an economist from the Institute for Development of Economics and Finance (Indef), said the waning of Indonesians' purchasing power in the las

Jakarta – Before President Joko "Jokowi" Widodo ascended to the highest office in 2014 there was a widespread expectation that he would move heaven and earth to reduce the immense econo

Jakarta – Companies in the Bakrie Group seemed to be putting into practice an ironic saying on social media: debtors are more aggressive than creditors when payment is demanded.

Jayanty Nada Shofa, Jakarta – President-Elect Prabowo Subianto recently revealed that his incoming government would not adopt the trickle-down economics approach, saying that all Indone

Jakarta – The newly launched iPhone 16 from tech giant Apple could be banned from the Indonesian market, sparking debate among the country's netizens.

Deni Ghifari, Jakarta – Indonesia has seen little to no progress in shifting the focus of development away from Java over the past decade, notwithstanding the promise of President Joko

Alfida Rizky Febrianna, Jayanty Nada Shofa, Jakarta – The two-day BNI Investor Daily Summit opened with remarks from outgoing President Joko "Jokowi" Widodo and concluded with a vision

Divya Karyza, Jakarta – Indonesia's gross domestic product (GDP) per capita is expected to exceed US$7,000 in 2029, according to President Joko "Jokowi" Widodo, who added that he expect

Riri Rahayu, Jakarta – Indonesian Minister of Industry, Agus Gumiwang Kartasasmita, has unveiled the investment-related obstacle hindering the entry of the iPhone 16 mobile phone into t

Vinnilya, Jakarta – NH Korindo Sekuritas warns that the ongoing deflation trend poses urgent concerns for the Indonesian economy, suggesting that the working class has limited disposabl

Antara, Jakarta – The Indonesian Automotive Industry Association (Gaikindo) is considering revising its vehicle sales target for 2024 due to a decline in consumer purchasing power.

Ibrahim Kholilul Rohman and Fadli Jihad Dahana Setiawan, Jakarta – As China's economic engine begins to sputter, Indonesia finds itself at a critical juncture.

Teguh Adi Prasetyo, Jakarta – The five consecutive months of deflation since May have had a positive impact on the national economy by increasing the purchasing power of lower- and midd

Vinnilya, Jakarta – The number of companies going public through initial public offerings (IPOs) in 2024 has dropped sharply compared to last year, with just 34 IPOs by the end of Septe

Hammam Izzuddin, Jakarta – Deflation for five consecutive months is not the sole indicator of a declining people's purchasing power.

Vinnilya, Jakarta – Ajib Hamdani, an economic policy analyst at the Indonesian Employers Association (Apindo), warned that Indonesia faces significant economic challenges, as indicated

Jakarta – A reality check on our government's ambition is in order after the World Bank questioned last week the plan to turn the country into a developed economy under the Golden Indon

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) reported a deflation of 0.12 percent in September 2024, marking the fifth monthly deflation this year.

Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) reported that Indonesia experienced a monthly deflation of 0.12 percent in September 2024.

Jakarta – With less than a month before leaving office, President Joko "Jokowi" Widodo was on a roll in the past week visiting multiple sites, where milestones of some downstream projec

Herman, Antara, Jakarta – The leadership dispute within the Indonesian Chamber of Commerce and Industry (Kadin) is nearing resolution following a meeting between Arsjad Rasjid, the chai

Jakarta – The hand of the government is apparent in Kadin's internal conflict between Arsjad Rasjid and Anindya Bakrie. This has no effect on the public.

Riandy Laksono – President-elect Prabowo Subianto has set an ambitious target of achieving 8% economic growth during his first term.

Ruth Dea Juwita, Jakarta – The World Bank has thrown cold water on Indonesia's dream of becoming a high-income economy by 2045 and outlined some of the challenges middle-income countrie

Alfida Rizky Febrianna, Jakarta – The smooth transition of power from the outgoing President Joko "Jokowi" Widodo to President-elect Prabowo Subianto is expected to positively impact In

Tenggara Strategics, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) is currently embroiled in a leadership dispute, with two figures – Anindya Novan Bakrie and Arsjad

Jakarta – The recent leadership turmoil within the Indonesian Chamber of Commerce and Industry (Kadin) has sparked widespread concerns about political interference by President Joko "Jo

Jakarta – Alibaba, one of GoTo's largest investors has confirmed its intention to remain a long-term shareholder of the Indonesian tech company, addressing market fears about overhang i

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

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.

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

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

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

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

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.