Yoolim Lee – Indonesia's ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public off
Economy & Investment
Displaying 1 - 25 of 2753 Documents
January 5, 2021
January 4, 2021
Adrian Wail Akhlas, Jakarta – Indonesia's economic growth is expected to rebound this year after it fell in 2020 into its first recession since the 1998 Asian financial crisis, but the
December 28, 2020
Jakarta – Competition in Indonesia's heavy equipment market, which has already been hit hard by depressed mineral prices and investment during the COVID-19 pandemic, will become much fi
December 27, 2020
Jakarta – Indonesia's economic situation is expected to improve soon, as the government is preparing a number of recovery plans, Coordinating Economic Minister Airlangga Hartanto has sa
December 22, 2020
Riska Rahman, Jakarta – The government has further downgraded this year's economic growth forecast amid the rise in COVID-19 cases ahead of the Christmas and New Year holidays, as well
December 19, 2020
Ester Nuky, Sanya Dinda, Jakarta – Indonesia's and South Korea's $9.1 billion electric car battery joint venture project has gotten a boost after the two countries signed a comprehensiv
December 15, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) is expected to shrink by 2 percent at worst or grow by 0.6 percent at best in the fourth quarter of this year, Coo
Dzulfiqar Fathur Rahman, Jakarta – Indonesia's abundant nickel reserves and the Job Creation Law may help the country attract investment from American electric automaker Tesla, an exper
November 27, 2020
Ridho Syukra, Jakarta – American food and giant Cargill has invested $100 million in its Indonesian subsidiary Sorini Agro Asia Corporindo to expand a sweetener factory in Pandaan, East
November 26, 2020
Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo addressed on Wednesday 50 global business leaders in a virtual dialogue held by the World Economic Forum, in which he promot
November 24, 2020
Mardika Parama, Jakarta – Indonesia is collaborating with the World Economic Forum (WEF) to host a virtual forum on Wednesday that focuses on economic recovery in the country and the go
November 23, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's economy is expected to return to growth in 2021 after facing a recession this year, economists say, but unemployment and poverty may rise furth
November 19, 2020
Adrian Wail Akhlas, Jakarta – The lack of confidence in the economy among upper-middle-class citizens presents a hurdle for the nation's economic recovery, Finance Minister Sri Mulyani
November 11, 2020
Jakarta – Indonesia's digital economy sets to expand by 11 percent to $44 billion in 2020 from $40 billion last year, showing resilience amid the Covid-19 pandemic that wreaks havoc on
Nina A.
November 3, 2020
Jakarta – Indonesia's assumed entry into its first economic recession since the 1998 Asian financial crisis will probably be confirmed by third quarter gross domestic product data (GDP)
Francisca Christy Rosana, Jakarta – An economist from the Institute for Development of Economics and Finance (Indef), Bhima Yudhistira Adhinegara, argued that President Joko Widodo or J
November 2, 2020
Dzulfiqar Fathur Rahman, Jakarta – Meybi Agensya Neolaka, born and raised in Kupang, East Nusa Tenggara, started her drumstick leaves company Timor Moringa two years ago with the simple
October 24, 2020
Dzulfiqar Fathur Rahman, Jakarta – Foreign direct investment (FDI) picked up in the July to September period from the pandemic-induced declines recorded in the preceding two quarters.
October 23, 2020
Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo called on ministers and regional leaders on Thursday to keep inflation in check and expedite stimulus spending in an effort
October 21, 2020
Adrian Wail Akhlas, Jakarta – The economic crisis brought about by the COVID-19 outbreak has taken a toll on state-owned enterprises (SOEs) in the energy, transportation and infrastruct
October 16, 2020
Riska Rahman, Jakarta – Slowing loan growth and rising savings point to a continued plunge in economic activity in the third quarter of this year as consumer spending weakens, economist
October 15, 2020
Adrian Wail Akhlas, Jakarta – The government aims to lure Japanese companies into relocating to Indonesia, as it launched on Wednesday an integrated data platform to spur investment and
October 14, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's economic downturn is likely to be worse than previously expected as Southeast Asia's largest economy struggles to contain the coronavirus pande
October 13, 2020
Francisca Christy Rosana, Budiarti Utami Putri, Jakarta – Institute for Development of Economics and Finance (Indef) economist, Bhima Yudhistira Adhinegara, argues that the constant cha