Jakarta – Moody's Investors Service, one of the major global credit rating agencies, has projected that the total earnings of Indonesian companies under the agency's watch would declin

Triyan Pangastuti, Jakarta – Foreign direct investment into Indonesia has dropped 6.9 percent in the second quarter from the same period last year, showing the latest sign of the count

Adrian Wail Akhlas, Jakarta – Indonesia's economy is on track for a significant contraction this year as the coronavirus crisis has hit the global economy more severely than previously

Yunindita Prasidya, Jakarta – Indonesia will benefit from the diversification of the global supply chain as multinational companies are looking into ways to reduce reliance on China to

Jayanty Nada Shofa, Jakarta – The Indonesian antitrust body's 'groundless' decision against Grab Indonesia sets a negative precedent for future foreign investments, the company's lawye

Jakarta – Indonesia is now officially an upper-middle income country, an upgrade from its previous status as lower-middle income, according to the World Bank's latest country classific

Adrian Wail Akhlas, Jakarta – Indonesia recorded the lowest annual inflation rate since 2000 in June, slightly below the central bank's target range, as the coronavirus pandemic upends

Mardika Parama, Jakarta – Business associations and experts have welcomed the government's announcement on the relocation of foreign-owned production facilities to Indonesia, a positiv

Dzulfiqar Fathur Rahman, Jakarta – Indonesians are finding it hard to secure business permits, especially for small and medium enterprises (SME), with a recent survey showing that the

Mardika Parama, Jakarta – President Joko "Jokowi" Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly fr

Grace Sihombing and Arys Aditya – Indonesia is struggling to contain a surge in coronavirus cases in the world's fourth-most populous nation, casting doubts on the likelihood of a V-sh

Yunindita Prasidya, Jakarta – Indonesia is still among the preferred Southeast Asian markets for investment amid the country's continuous fight against COVID-19, backed by strong house

Jakarta – The International Monetary Fund has cut its projection for the Indonesian economy while predicting the global economy would slump into a deeper recession this year.

Adrian Wail Akhlas, Jakarta – Indonesia's economy is on track for a significant contraction this year as the coronavirus crisis has hit the global economy more severely than previously

Adrian Wail Akhlas, Jakarta – The Asian Infrastructure Investment Bank (AIIB), a China-backed multilateral development bank, projects a gradual economic recovery for Indonesia as the c

Dzulfiqar Fathur Rahman, Jakarta – The government has established a special task force to attract businesses leaving China and facilitate their relocation to Indonesia.

Adrian Wail Akhlas, Jakarta – The Indonesian economy faces gloomier skies this year as the COVID-19 pandemic has yet to show any signs of subsiding, forcing government officials, the c

Riska Rahman, Jakarta – Major lender Bank Mandiri expects Indonesia's economy to contract in the second and third quarter of this year following restrictions imposed on social and econ

Dzulfiqar Fathur Rahman, Jakarta – Indonesia is expecting investment from American, Japanese and South Korean firms seeking to relocate their factories out of China and set up manufact

Adrian Wail Akhlas, Jakarta – The economy is projected to shrink 3.1 percent in the second quarter, the worst quarterly growth since the 1998 Asian financial crisis, due to the impact

Alya Nurbaiti, Jakarta – Businesspeople in the country are waiting for the government to announce a new economic strategy and guidelines amid its policy to relax COVID-19-related restr

Triyan Pangastuti, Dion Bisara, Jakarta – A second wave of Covid-19 would derail Indonesia's path to recovering its economy by next year, with unemployment and income losses holding ba

Adrian Wail Akhlas, Jakarta – The government is pinning its hopes on restarting the economy to kickstart recovery, despite the latest surge in new COVID-19 cases and as sales continue

Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) will grow at zero percent this year as the global economy is expected to see its deepest downturn since the Secon

Dzulfiqar Fathur Rahman, Jakarta – Indonesian business players are demanding the government provide an additional stimulus package of Rp 625.1 trillion (US$44.6 billion) in working cap

Francisca Christy Rosana, Jakarta – The Coordinating Minister for Maritime Affairs and Investments Luhut Pandjaitan assured that future foreign investors will be required to transfer t

Adrian Wail Akhlas, Jakarta – Indonesia's economy may shrink 3.5 percent this year should the large-scale social restrictions (PSBB) imposed by several regional administrations nationw

Jakarta – Indonesia posted its lowest inflation in almost two decades in May as restrictions to curb the coronavirus pandemic continued to suppress demands.

Richard Borsuk – It is lagging badly behind Asean rivals in the competition for foreign direct investment. Things could get rougher in post-Covid-19 world.

Triyan Pangastuti, Jakarta – Relaxing the large-scale social restriction, or PSBB, as the Indonesian government seems to be planning to do, may not necessarily boost an economy laid lo

Dzulfiqar Fathur Rahman, Jakarta – Businesspeople are prepared to press on with the government's plan to gradually reopen the economy under health protocols to establish a "new normal"

Arianto Patunru and Andree Surianta – Indonesian President Joko 'Jokowi' Widodo submitted a draft bill of the Omnibus Law on Job Creation to parliament this February in an attempt to i

Nasori, Dina Fitri Anisa, Jakarta – Finance Minister Sri Mulyani Indrawati said Indonesia would not compromise on the health of its population to reboot the country's economy after end

Arlina Arshad – Many countries around the world are expected to go into recession as a result of the Covid-19 pandemic, but in Indonesia, the outbreak is also threatening the reform pl

Adrian Wail Akhlas, Jakarta – The government is rolling out a Rp 641.17 trillion (US$43 billion) economic recovery stimulus, bigger than previous allocations, to soften the impact of C

Adrian Wail Akhlas, Jakarta – Indonesia's imports have fallen for 10 consecutive months in April as manufacturing companies cut production output while consumer demand continues to shr

Adrian Wail Akhlas, Jaka – The government should boost economic recovery spending to Rp 600 trillion (US$40.17 billion) to help businesses cope with the economic impacts of the COVID-1

Mardika Parama, Jakarta – The government plans to allocate an additional Rp 56.5 trillion (US$3.8 billion) to a number ministries and agencies in 2021 to revive the economy, according

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government has issued a regulation on economic recovery to support, maintain and strengthen businesses, stipulating state capital inj

Dzulfiqar Fathur Rahman and Adrian Wail Akhlas, Jakarta – The Indonesian government is mulling over a plan to start easing the COVID-19 social restrictions in June to allow businesses

Riska Rahman and Riza Roidila Mufti, Jakarta – Businesspeople and economists have expressed concerns about the government's decision to ease travel restrictions, saying the policy coul

Lona Olavia, Jakarta – Most businesses in Indonesia only have enough cash to continue operating until the end of next month with little to no sales under large-scale social restriction

Adrian Wail Akhlas, Jakarta – Indonesia's household spending is expected to contract this year as consumers turn pessimistic amid the COVID-19 pandemic, which has disrupted businesses

Adrian Wail Akhlas, Jakarta – Fitch Solutions has forecast Indonesia's GDP to contract by 1.3 percent this year, compared with 2.8 percent economic growth in its previous projection, a

Dzulfiqar Fathur Rahman, Jakarta – The COVID-19 pandemic has hindered the government's efforts to attract new investment into the country, as evidenced by the new quarterly figures, ac

Diana Mariska, Jakarta – Bank Indonesia is confident Indonesia's economy would continue to grow in the second quarter of this year after the country recorded a 2.97 percent gross domes

Adrian Wail Akhlas, Jakarta – Indonesia's economy grew 2.97 percent in the first quarter, the weakest since 2001, as household spending and investment growth slowed amid the coronaviru

Adrian Wail Akhlas, Jakarta – Indonesia recorded "unusually" low inflation at the start of Ramadan in April as the COVID-19 pandemic reined in household spending, according to Statisti

Dzulfiqar Fathur Rahman, Jakarta – Projects in the warehouse, transportation and telecommunications sector have contributed the most to total realized investment this year at around 23

Joao da Cruz Cardoso – The economic impact of coronavirus has been made even more severe in oil-producing countries due to the consequences of Covid-19 itself and a collapse in oil pri