Adrian Wail Akhlas, Jakarta – The World Bank has estimated that the COVID-19 pandemic will significantly slow Indonesia's economic growth this year and may throw millions of people int

Jakarta – Southeast Asia's largest economy is now projected to grow just 3.6 percent this year, far below the government's original estimate of about 5 percent, as the impact of the CO

Fadli, Batam – Riau Islands acting governor Isdianto has urged manufacturing companies operating in the Batam bonded zone in the province to temporarily shut down their factories to pr

Adrian Wail Akhlas, Jakarta – Economists have called on the government and businesses to roll out additional stimuli aimed at providing social safety nets, as several communities and w

Riska Rahman, Jakarta – Investors are questioning the government's response to the COVID-19 pandemic in Indonesia amid a selling spree on the domestic stock market as the country recor

Riska Rahman and Made Anthony Iswara, Jakarta – Major business players are split over the idea of a lockdown to slow the spread of the highly contagious coronavirus disease (COVID-19).

Adrian Wail Akhlas and Made Anthony Iswara, Jakarta – Indonesia has officially announced a second stimulus package and has vowed to set aside a chunk of its state budget to support the

Riza Roidila Mufti, Jakarta – Indonesia's logistics sector recorded 10.5 percent growth last year supported by high growth in railway and sea transportation, as well as warehousing, bu

Adrian Wail Akhlas, Jakarta – The government is speeding up the disbursement of training funds for workers on top of announcing individual and corporate tax breaks, as well as relaxing

Made Anthony Iswara, Fadli, Asip Hasani, Markus Makur, Jon Afrizal and Apriadi Gunawan, Jakarta/Batam/Blitar, East Java/Labuan Bajo, East Nusa Tenggara/Jambi, Medan – From empty malls

Adrian Wail Akhlas, Jakarta – Indonesia is preparing measures similar to those made during the 2008 global financial crisis, including buying back government bonds and halting income t

Adrian Wail Akhlas, Jakarta – The government's big-check fiscal stimulus to bolster purchasing power and tourism- and trade-related industries amid the coronavirus (COVID-19) outbreak

Riska Rahman, Jakarta – Indonesia may not be affected severely by the global health emergency, thanks to its minimal exposure to the global trade and its wide room to maneuver in monet

Esther Samboh, Jakarta – Bank Indonesia (BI) is predicting that weakening economic activities, especially involving tourism, exports and imports, would drag down the country's economic

Adrian Wail Akhlas and Esther Samboh, Jakarta – The government is working to finalize eight measures that will be incorporated in a second stimulus package aimed at easing rules for ex

Marchio Irfan Gorbiano and Eisya A.

Beritasatu, Jakarta – Inflation accelerated in February thanks to rising prices of cigarette and tobacco products, the Central Statistics Agency, or BPS, said on Monday.

Adrian Wail Akhlas, Jakarta – Headline inflation in Indonesia rose to 2.98 percent in February from 2.68 percent in January, driven by higher prices of garlic and cayenne, among other

Tara Marchelin, Jakarta – The Sustainable Districts Association, or LTKL, has introduced a sustainable economy model for improving the investment climate at the district level in Indon

Ernes Broning Kakisina/Suharto, Sorong, W Papua – The Indonesian government in association with Yayasan Inisiatif Dagang Hijau (Green Trade Initiative Foundation) took a total of 45 fo

Prima Wirayani and Eisya A.

Ade Irma Junida/Aria Cindyara, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has launched a green investment concept in Papua and West Pap

Antara, Jakarta – President Joko "Jokowi" Widodo said Indonesia should not rest on its laurels as a major market and consumer in the technology sector but must also be able to reap the

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has promised United States-based technology company Microsoft it will create a simple regulation to allow the tech gian

Jakarta – Weak consumer demand is contributing to a decades-low inflation rate in Indonesia, as the central bank steps up efforts to control inflation rates at the same time, a Bank In