Jakarta – Indonesia approved local certificates for more than a dozen Apple products on Friday, the Industry Ministry said, moving the tech giant a step closer to having a ban lifted on

Jauhari Mahardhika, Jakarta – SEG Solar is set to begin photovoltaic (PV) panel production at its new facility in the Batang Integrated Industrial Zone (KITB), Central Java, this April,

Keun Lee and Marco Kamiya Seoul/Jakarta – Industrial policy has come back into vogue in recent years.

Jayanty Nada Shofa, Jakarta – The government's massive cuts to the beef import quota for private enterprises has sparked layoff concerns in the Indonesian meat industry.

Arnoldus Kristianus, Jakarta – The Indonesian government will distribute Rp 50 trillion ($3 billion) in holiday bonuses, known as THR, to civil servants ahead of Eid al-Fitr.

Arnoldus Kristianus, Erfan Maruf, Jakarta – Indonesia's economy is grappling with weakening consumer demand, as two consecutive months of deflation point to declining purchasing power a

Jayanty Nada Shofa, Jakarta – Indonesia posted a 0.48 percent month-to-month deflation in February which the Central Statistics Agency or BPS attributed to the electricity bill discount

Han Revanda, Jakarta – Chairperson of the National Economic Council (DEN) Luhut Binsar Pandjaitan announced a promising prediction that 100,000 jobs are expected to be created in the te

Antara, Jakarta – A number of Chinese investors are eyeing to relocate their factories to the Kendal Special Economic Zone (SEZ) in Central Java, according to Deputy Industry Minister F

Aditya Hadi, Jakarta – Despite little chance of lowering benchmark interest rates amid a strengthening United States dollar and highs cost of bond issuance, the Indonesian government is

Jakarta – The protracted bankruptcy proceedings of Sri Rejeki Isman, or Sritex, a company with 50,000 employees, are the result of government interference.

Jayanty Nada Shofa, Jakarta – Indonesia is on track to crack into the top 4 of the world's largest economies in 2050, according to President Prabowo Subianto as he slammed the "Indonesi

Jakarta – The government has agreed to terms with Apple to lift a ban on sales of the iPhone 16 model, a government source familiar with the matter told AFP on Tuesday, ending mo

Jakarta – Reports of rampant extortion of companies in the country will shock nobody on the ground, and yet it is very timely to talk about the issue as the government vows to push gros

Marjorie Preston – In an 11 February filing, Asia-Pacific Strategic Investments Ltd (APS) announced it would establish a $60 million (#47.5 million/Euro 57.2 million) casino and a $20 m

Adhyasta Dirgantara, Dani Prabowo, Jakarta – President Prabowo Subianto claims that the current state of the Indonesian economy is quite good.

New analysis indicates that Timor-Leste is at a critical juncture in its development, with the need for economic diversification increasing as the Petroleum Fund that finances much of t

Riandy Laksono – The Prabowo Subianto administration begins 2025 with a massive Rp 306 trillion fiscal spending cut, representing over 8% of this year's state budget, delivered by Presi

Celvin Moniaga Sipahutar, Jakarta – Finance Minister Sri Mulyani Indrawati outlined the government's budget austerity measures to hundreds of global investors during her keynote speech

Iman Pambagyo – The Investor Daily newspaper, in its February 6, 2025 edition, published an article and an editorial that should serve as a wake-up call for all of us – the notion that

Balipuspa News, Denpasar – Bali's economy continued to expand in the fourth quarter of 2024, recording a year-on-year growth of 5.19 percent, according to data from the Central Statisti

Grace Sihombing and Claire Jiao – Indonesian President Prabowo Subianto is banking on a raft of populist measures in his first months in office to energize consumers in Southeast Asia's

Jakarta – Indonesia's economy grew more than expected last year, the government said Wednesday, as a pick-up in trade, mining and agriculture helped offset ongoing global headwinds.

Arnoldus Kristianus, Jakarta – Indonesia's economy grew 5.03 percent in 2024, slightly below the government's 5.2 percent target and last year's growth of 5.05 percent, according to dat

Deni Ghifari, Jakarta – Indonesia has recorded a multi-decade low inflation rate this January with experts saying the figure recorded this month is rather unusual and could be cause for

Jakarta – Indonesia's annual inflation rate slowed to its lowest in 24 years to 0.76 per cent in January, official data showed on Monday, down sharply from 1.57 per cent in December and

Bambang Ismoyo, Antara, Jakarta – The government announced Monday that Indonesia registered approximately $32.3 billion in combined investments in the energy and mineral resources secto

Michelle Anindya, Bali, Indonesia – Karawang county, located about 90 minutes by road from Jakarta, has been a major automotive hub in Indonesia for decades, housing factories of compan

Arnoldus Kristianus, Jakarta – The government's decision to implement a 50 percent discount on electricity tariffs has resulted in a 0.76 percent decrease in consumer prices for January

Antara, Jakarta – The United Arab Emirates (UAE) is set to invest in Indonesia's green energy, housing, and defense sectors, with plans for a $50 million donation to support reforestati

Jayanty Nada Shofa, Jakarta – Indonesia announced Friday that it had attracted Rp 1,714.2 trillion or approximately $105 billion throughout 2024 with a significant portion of the money

Bisnis.com, Jakarta – Singapore remains Indonesia's largest investor over the past decade, recording a total of US$20.1 billion in investment in 2024 alone, said Minister of Investment

Siwage Dharma Negara – Indonesia weathered significant challenges in 2024.

Damien Kingsbury – There appeared to be a moment of clarity in 2023 when the government of Timor-Leste recognised that it was facing a looming financial disaster and started to make pre

Victoria Wanata, Jakarta – Indonesia pitched domestic renewable and green energy investments to businesses and foreign representatives at the World Economic Forum (WEF) Annual Meeting r

Yogi Eka Sahputra, Batam – Business players in Batam City have complained about the recent increase in gas prices.

Jakarta – President Prabowo Subianto's target of 8 percent economic growth this year seems like a futile endeavor.

Antara, Jakarta – The Industry Ministry has revealed that US technology giant Apple plans to invest approximately $200 million in an AirTag device manufacturing plant on Batam Island.

Arnoldus Kristianus, Heru Andriyanto, Jakarta – Indonesia's special economic zones (SEZs) attracted Rp 90.1 trillion ($5.5 billion) in new investment and created 47,747 jobs last year,

Arnoldus Kristianus, Jakarta – Indonesia aims to exceed the World Bank's 2025 growth projection of 5.1 percent, targeting 5.2 percent by boosting domestic consumption and encouraging lo

Celvin Moniaga Sipahutar, Jakarta – President Prabowo Subianto on Thursday called for stronger collaboration between businesses and the government to achieve an ambitious economic growt

Celvin Moniaga Sipahutar, Jakarta – Anindya Novyan Bakrie, the president and CEO of the Bakrie Group, was officially inaugurated on Thursday as chairman of the Indonesian Chamber of Com

Hendro Dahlan Situmorang, Jakarta – Anindya Novyan Bakrie, elected as Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) during a congress on Sept.

Padang, W Sumatra – Manpower Minister Yassierli emphasized that the first half of 2025 is crucial for determining Indonesia's success in realizing its Golden Indonesia 2045 vision, whic

Jakarta – In 1996 Tommy Suharto, the youngest, son of Indonesia's dictator, set out to build the Timor, a national car.

Catherine Thorbecke, Tokyo – Indonesia isn't taking a step back from its hardball approach to Apple.

Ruth Dea Juwita, Jakarta – The government has welcomed Apple Inc.'s US$1 billion commitment to build a manufacturing facility in Batam Island, but the ban on local sales of the iPhone 1

Han Revanda, Jakarta – Minister of Industry Agus Gumiwang Kartasasmita said that Apple Inc.'s investment commitment of US$1 billion, equivalent to Rp16.14 trillion (at an exchange rate

Deni Ghifari, Jakarta – Inflation in Indonesia has dropped to the lowest year-end rate ever recorded by the country's statistics agency since it began tracking consumer prices more than

Arnoldus Kristianus, Jakarta – Indonesia's annual inflation rate for December 2024 stood at 1.57 percent, aligning with the government's target of around 2.5 percent.