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
Economy & Investment
January 27, 2023
January 26, 2023
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
January 25, 2023
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.
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
January 17, 2023
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
January 12, 2023
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
January 11, 2023
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.
January 10, 2023
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
Jakarta – The year 2022 concluded with a slightly higher-than-expected headline inflation of 5.51 percent.
January 9, 2023
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
January 7, 2023
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
January 3, 2023
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
December 21, 2022
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
December 18, 2022
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
December 3, 2022
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.
December 2, 2022
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
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
December 1, 2022
Wike D. Herlinda, Jakarta – Fintech start-up Ajaib has decided to layoff 67 employees, joining the ongoing axing spree afflicting Indonesia's tech industry.
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
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
November 30, 2022
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
November 29, 2022
Nabila Nurshafira, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan in a national coordination meeting among state ministries on Tuesday said spendin
November 23, 2022
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.
November 18, 2022
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
November 11, 2022
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
November 9, 2022
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.
November 8, 2022
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 – 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
November 7, 2022
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.
November 2, 2022
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
October 26, 2022
Vincent Fabian Thomas, Jakarta – Foreign direct investment (FDI) jumped 63.6 percent annually to Rp 168.9 trillion (US$10.81 billion) in this year's third quarter, hitting a multi-decad
October 21, 2022
Investor Daily, Jakarta – The national economy is projected to grow by more than 5.5 percent in the third quarter of 2022 compared to the same period of last year, Finance Minister Sri
October 17, 2022
Grace Sihombing and Claire Jiao – Indonesia's outperforming exports, the economy's growth engine in the last few quarters, flashed signs of weakness as global commodity prices eased.
Rae Wee and Summer Zhen, Singapore – Indonesia's currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia's largest economy
October 13, 2022
Jakarta – The ongoing war in Ukraine could drag the world economy into a new, unprecedented crisis that would undo all progress Indonesia has achieved during the recovery period from th
October 12, 2022
Dion Bisara, Jakarta – Indonesia is in a better place compared to many other countries facing the perfect storm, a combination of high inflation, recession, and the fallout of escalated
October 11, 2022
Jayapura, Jubi – The Malaysian government expressed their desire to invest in the trade, tourism, and education sectors in Papua.
Jakarta – The Indonesian economy is projected to record a strong growth of at least 5.2 percent by the end of the year amid improving key economic indicators despite geopolitical tensio
Lenny Tristia Tambun, Jakarta – Indonesia offers investment opportunities in asphalt production worth up to $1.3 billion as the Southeast Asian countries plan to halt imports of the roa
October 9, 2022
Fadhil Haidar Sulaeman, Jakarta – Akhmad from Jakarta felt euphoric when activity restrictions imposed in response to the COVID-19 pandemic were lifted early this year.
October 7, 2022
Jakarta – Statistics Indonesia (BPS) announced early this week a 1.17 percent headline inflation in September on a month-to-month basis – the highest since December 2014 – and 5.95 perc
October 6, 2022
Jakarta – The Indonesia Investment Authority (INA), the state-owned wealth fund created by the government to accumulate capital for the country's long-term development, recently investe
October 4, 2022
Teesta Prakash and Jack Sato – Ahead of a visit to Australia last month, Timor-Leste's President Jose Ramos Horta sought to play the China card, raising the possibility of asking Beijin
September 28, 2022
Jayanty Nada Shofa, Jakarta – State-owned telecom company Telkom Indonesia retains the title of the most valuable Indonesian brand this year after recording double-digit growth in brand
Andry Asmoro and Teguh Yudo, Jakarta – The government decided to increase the prices of subsidized Pertalite and Pertamax gasoline and Solar diesel on Sept.
September 27, 2022
Jakarta – Indonesia's digital economy size could swell by more than seven times in this decade, retaining its place as the largest market in Southeast Asia as the country emphasizes dev