Cindy Frishanti Octavia, Kupang – Governor of East Nusa Tenggara (NTT) Viktor Bungtilu Laiskodat has said that 30-40 large industries will be built to support the development of economi

Rangga Pandu A J, Resinta S, Jakarta – Indonesian President Joko Widodo (Jokowi) called on all governors across Indonesia to encourage public spending in a bid to drive national economi

Claire Jiao and Norman Harsono – Indonesians should save less money and spend more on shopping, concerts and sporting events so that consumption can drive stronger economic growth, Pres

Antara, Jakarta – The Indonesian Government is targeting to pull in Rp1,650 trillion in investment in 2024, stated Coordinating Minister for Economic Affairs, Airlangga Hartarto, at the

Riani Sanusi Putri, Jakarta – President Joko "Jokowi" Widodo attended the inauguration of the Central Executive Board of the Young Indonesian Entrepreneurs Association (BPP HIPMI) on Mo

Jayanty Nada Shofa, Jakarta – Indonesia's 2022 economic growth is beating most G20 countries, but is still far behind the world's largest oil exporter Saudi Arabia, according to Chief E

Aditya Hadi, Jakarta – Slow growth in gross fixed capital formation (GFCF), or investment, points to problems in the real sector, analysts say, though they disagree on how big an issue

Antara, Jakarta – The Institute For Development of Economics and Finance (Indef) projects that Indonesia's economy will grow 4.9 percent in the first quarter of 2023 compared to the sam

Moh Khory Alfarizi, Jakarta – Head of Statistics Indonesia (BPS) Margo Yuwono stated in a virtual press conference said that the country's economic growth in 2022 reached 5.31 percent,

Jakarta – Although President Joko "Jokowi" Widodo, now in his ninth year in office, has never achieved the 7 percent annual economic growth he promised in the 2014 campaign, he must sti

Kiki Siregar, Jakarta – Indonesia's economy grew 5.31 per cent in 2022, the highest in almost a decade, marking a return to its growth patterns before the COVID-19 pandemic.

Jakarta – Indonesia is courting Tesla Inc to invest in the country, which has become a key player in the electric vehicle industrythanks to its rich nickel reserves.

Fransiska Nangoy, Gayatri Suroyo, Bernadette Christina, Jakarta – Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself ind

Oliver Dixon, Jakarta – The Polish embassy has sent a team to the site of Indonesia's yet-to-be-built new capital city Nusantara in East Kalimantan to get a better understanding of the

Jakarta – Coordinating Maritime Affairs and Investment Minister Luhut Panjaitan has said the government will be making a deal with Tesla very soon as negotiations have entered their fin

Jakarta – President Joko Widodo is confident Tesla will finalise a deal to invest in a production facility in Indonesia, having offered the US electric car maker incentives ranging from

Riri Rahayu, Jakarta – Indonesian National Development Planning Minister or Bappenas Head Suharso Monoarfa stated that the country's economic recovery continues and is getting stronger

Jayanty Nada Shofa, Jakarta – South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts an

Heru Andriyanto, Jakarta – The materialized foreign direct investment in Indonesia stood at $45.6 billion last year which the government claimed to be the highest FDI in the country's h

Fadhil Haidar Sulaeman, Jakarta – Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstr

Tenggara Strategics, Jakarta – Indonesia's discussion with electric automaker Tesla made headline again last week as Bloomberg reported that the two are closing in on a deal.

Billy Adison Aditijanto, Jakarta – President Joko "Jokowi" Widodo has asked the banking sector to support the country's downstream industries, which the government hopes will boost the

London – Tesla Inc is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing pe

Winarno Jain, Jakarta – Questions have been raised by many over what the economic prospects of 2023 look like. This is logical after the Indonesian economy grew strongly in 2022.

Jakarta – The year 2022 concluded with a slightly higher-than-expected headline inflation of 5.51 percent.

Fadhil Haidar Sulaeman, Jakarta – Finance Minister Sri Mulyani has said the geopolitical environment has undergone a "fundamental shift", creating heightened risks for the global econom

Antara, Jakarta – Finance Minister Sri Mulyani said that Indonesia will need to remain vigilant against a number of risks that many experts predict to hamper many countries in 2023, suc

Agnes Tahir Purba, Jakarta – Finance Minister Sri Mulyani Indrawati expressed confidence on Friday that Indonesia will not fall into recession this year despite the prospect of escalati

Fadhil Haidar Sulaeman, Jakarta – Higher domestic demand spurred a December rebound for Indonesian factories as core inflation rises to within the central bank's target, indicating an o

Sulistiyo Ardiyono and Arianto Patunru, ANU – Indonesia has placed a high bet on the manufacturing sector's revival by enacting the Omnibus Law on Job Creation, but the country might mi

Primus Dorimulu, Jakarta – State-Owned Enterprise Minister Erick Thohir expressed his appreciation for Qatar's recent major investments in Indonesia which nearly topped $3 billion this

Jakarta – President Joko Widodo or Jokowi has established an agreement with US President Joe Biden to develop electric vehicles, as a follow-up to the G20 Summit last month in Bali.

Jakarta – President Joko "Jokowi" Widodo has called for resuming vigilance over inflation as the price increase rate eased to a three-month low in November.

Soraya Permatasari and Yudith Ho – Indonesian President Joko Widodo said his nation won't follow a purely open economic model that he blamed for undercutting Latin America's growth pros

Dicky Kurniawan, Jakarta – The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, expressed optimism that Tesla would invest in the electric car industr

Wike D. Herlinda, Jakarta – Fintech start-up Ajaib has decided to layoff 67 employees, joining the ongoing axing spree afflicting Indonesia's tech industry.

Dili, Timor Leste – Timor Leste inaugurated a new deepwater port Wednesday operated by a French conglomerate, in the largest ever single foreign investment on an infrastructure project

Fadhil Haidar Sulaeman, Jakarta – Multiple high-ranking government officials have raised serious concerns about the economic hardships to be faced in 2023, noting the necessity to mitig

M Julnis Firmansyah, Jakarta – President Joko "Jokowi" Widodo in Wednesday's national investment coordination meeting in Jakarta urged policymakers to better facilitate investors to ent

Nabila Nurshafira, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan in a national coordination meeting among state ministries on Tuesday said spendin

Fadhil Haidar Sulaeman, Jakarta – President Joko "Jokowi" Widodo has called on his ministers to be prudent in policymaking as the country prepares to enter 2023.

Bisnis.Com, Jakarta – Minister of Investments and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, stated that Indonesia has managed to gather US$8 billion of investme

Vincent Fabian Thomas, Jakarta – Companies in many sectors have begun to lay off workers to stay afloat, a stark reminder that being one of the bright spots in the world for GDP growth

Andre Simangunsong, Jakarta – The release of the latest Indonesian economic data this week raises hope for continuing recovery and a strong performance in the last quarter of 2022.

Jakarta – Finance Minister Sri Mulyani Indrawati is in a buoyant mood after the Central Statistics Agency (BPS) reports on Indonesia's robust economic growth in the third quarter and un

Su-Lin Tan – On Monday, Indonesia posted year-on-year GDP growth of 5.72% for the July to September quarter, higher than last quarter's growth of 5.44.

Jakarta – While Indonesia is often deemed the largest start-up producer in Southeast Asia, the number of unicorns spawned in this country continues to fall behind Singapore.

Moh Khory Alfarizi, Jakarta – A newly published analysis by the Social and Economic Research Institution at the University of Indonesia's Economy and Business School (LPEM FEB UI) expla

Jakarta – The Indonesian economy grew by 5.72 percent in the third quarter of the year compared to the same period of 2021, the Central Statistics Agency (BPS) announced on Monday.

Vincent Fabian Thomas, Jakarta – Inflation slowed in October following a drop in a wide range of food commodities, but analysts expect the drop to be temporary as risks overshadow the e