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

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

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 – 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