Riani Sanusi Putri, Jakarta – A special staffer of Finance Minister Sri Mulyani for Strategic Communications, Yustinus Prastowo, rebutted the statement that Indonesia is a systemic fail

Thresa Sandra Desfika, Jakarta – Humpuss Maritim Internasional (HUMI), an oil and gas shipping company owned by Tommy Soeharto, plans to issue up to 2.7 billion new shares during the in

Jayanty Nada Shofa, Jakarta – Indonesia's recent promotion to the upper-middle income rank does not mean that the Southeast Asian country should be complacent especially if it aims to b

Amelia Rahima Sari (Antara), Jakarta – The World Bank listed Indonesia in the group of upper-middle-income countries again.

Jayanty Nada Shofa, Jakarta – Indonesia's business lobby group Kadin and the Western Australian government inked on Tuesday an action plan aimed at power investment cooperation on criti

Jakarta – Halfway into 2023, the World Bank and the International Monetary Fund (IMF) have released separate reports on the state of Indonesia's economy.

Jayanty Nada Shofa, Jakarta – The total addressable market for Indonesia's electric vehicle (EV) ecosystem is set to surpass $20 billion by 2030, according to a joint study by AC Ventur

Sally Brooks and Hellena Souisa – Solo Mayor Gibran Rakabuming, eldest son of Indonesian President Joko Widodo, has just handed out 61 electric motorcycles to government workers in the

Antara, Jakarta – Indonesia's Minister of Investment and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, has called upon global companies specializing in software cer

Aditya Hadi, Jakarta – The World Bank expects Indonesia's economy to slow down this year as foreign direct investment (FDI) plays a smaller role in the country's gross domestic product

Jayanty Nada Shofa, Jakarta – The World Bank has maintained its projection for Indonesia's economic growth to reach 4.9 percent in 2023 while expecting an uptick in growth over the medi

Zsazya Senorita, Jakarta – Tech company GoTo Gojek Tokopedia (GOTO) in collaboration with energy company TBS Energi Utama (TOBA) broke ground on an electric motorcycle assembly plant in

Jayanty Nada Shofa, Jakarta – Indonesia has great prospects as a digital economy giant as the country is home to the sixth-most startups in the world, according to a senior government o

Jayanty Nada Shofa, Jakarta – Economic think tank Celios revealed that Indonesia could fall into the Chinese debt trap if not careful, especially since the money that the ASEAN country

Arnoldus Kristanus, Jakarta – A senior government official on Thursday highlighted the crucial role played by micro, small, and medium enterprises (MSMEs) in driving the Indonesian econ

Jayanty Nada Shofa, Jakarta – Indonesia is too big to lean on any superpower, and it is willing to partner with anyone – and not just China – to develop its downstream industries, inclu

Leonard Cahyoputra, Jakarta – Toyota Motor Manufacturing Indonesia plans to invest Rp 2.5 trillion ($168 million) in a facility to build the hybrid electric version of the hatchback mod

Jayanty Nada Shofa, Jakarta – A Bank Indonesia survey recently revealed that the country's consumer confidence index or CCI has risen to 128.3 points in May, up by 2.2 points from April

Jayanty Nada Shofa, Jakarta – Indonesia and Malaysia have agreed to boost investment ties, as the former attempts to make its downstream industries – which aims to reduce exports of unp

Deni Ghifari, Jakarta – The Asian Development Bank (ADB) has signed a deal for a US$44.2 million loan for PT ALBA Tridi Plastics Recycling Indonesia, the Indonesian subsidiary of ALBA G

Aditya Hadi, Jakarta – Inflation has dropped to the lowest level in 12 months and is now back within Bank Indonesia's (BI) target range, yet a swift reduction of interest rates is not e

Arnoldus Kristianus, Jakarta – The inflation rate in May indicates a weakening trend after the post-Eid holiday period, even reaching the lowest inflation rate since January 2023, the C

Jayanty Nada Shofa, Jakarta – Foreign investors will likely be in a wait-and-see mode leading up to the elections, and then go into full force once they get a better picture of Presiden

Sella P G, Fadhli Ruhman, Jakarta – The Ministry of Cooperatives and Small and Medium Enterprises (SMEs) remains committed to realizing the entrepreneurship ratio target of 3.95 percent

Jakarta – Inflation has been slowing steadily since September last year, investment is holding up well and the latest GDP report beat expectations.

Riani Sanusi Putri, Jakarta – Coordinating Minister for Economy Airlangga Hartarto has again highlighted Indonesia's target to become a developed country by 2045.

Riani Sanusi Putri, Jakarta – Indonesia's economy is claimed to be growing at a faster rate compared to developed countries by logging a 5.03 percent economic growth during the first qu

Jakarta – Indonesia's economic growth kept pace in the first quarter of the year, official data showed Friday, ahead of an expected slowdown that analysts said would be triggered by lag

Sujith Pai, Bengaluru – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on a quarterly basis as lower commodity prices hit

Jakarta – A sense of alarm is in order when Indonesia scores poorly against regional peers in a comparative study on the business environment.

Deni Ghifari, Jakarta – Indonesia may be better positioned than many of its peers to weather a possible wave of debt crises in developing nations, an economist has suggested.

Jayanty Nada Shofa, Jakarta – The government announced Friday that Indonesia had amassed Rp 328.9 trillion ($22.4 billion) in investment in the first quarter of 2023.

Deni Ghifari, Jakarta – Indonesia has dropped in a ranking of countries as places to conduct business, scoring poorly in the assessments of political effectiveness and infrastructure, w

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently told investors at the 2023 Hannover Messe to see Indonesia as a "land of opportunity" as the Southeast Asian countr

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo is bringing home good news for Indonesia's electric vehicle (EV) ecosystem from his Hannover trip, as German automotive gian

Vincent Fabian Thomas, Jakarta – The International Monetary Fund has revised up its outlook on Indonesia's economic growth despite the fund projecting much lower figures for the global

Jayanty Nada Shofa, Jakarta – The property, real estate, and building construction sectors contributed 14.63 percent to the national gross domestic product (GDP) in 2022, according to a

Jakarta – Initial public offerings (IPOs) by two nickel companies on the Indonesia Stock Exchange show unmistakably that the government's downstream industry push has come a long way.

Jakarta – Indonesia's economy is expected to grow 4.8 percent in 2023 and 5.0 percent in 2024, which would mark a significant slowdown from the 5.3 percent it achieved last year, accord

Antara, Jakarta – Head of the Finance Ministry's Fiscal Policy Agency (BKF), Febrio Kacaribu, has said he expects the inflation rate to remain under control during the fasting month of

Riani Sanusi Putri, Jakarta – Statistics Indonesia (BPS) reported that all 90 consumer-price-index (IHK) cities posted inflation in March 2023 on an annual basis or year on year (yoy).

Gayatri Suroyo , Sorowako, Indonesia – US carmaker Ford has joined PT Vale Indonesia and China's Zhejiang Huayou Cobalt's as their new partner in a $4.5 billion nickel processing plant

Jayanty Nada Shofa, Jakarta – Indonesia would need a total of $545.3 billion in investment until 2040 to develop downstream industries across 8 priority sectors, including minerals and

Jayanty Nada Shofa, Jakarta – Indonesia is aiming to bring home investment commitments that are at least a hundred times what the country has put in to join the 2023 Hannover Messe indu

Jayanty Nada Shofa, Jakarta – Some European companies within the automotive sector have shown interest in investing in Indonesia after the Southeast Asian nation became a partner countr

According to National Procurement Commission (CNA) figures cited in China-Lusophone Brief, companies from China won 44 contracts worth a total of US$714.6 million during the period.

Jakarta – Business enterprises have been bombarded with numerous sustainability standards globally, with the importance and prevalence of different areas varying from one sector to anot

Jakarta – Royke Tumilaar, the president director of the state-owned bank BNI, recently called for Indonesian youths to become entrepreneurs.

Moh. Khory Alfarizi, Jakarta – Pricewaterhouse Coopers Indonesia or PwC Indonesia released its latest report on the Indonesian economic outlook for 2023.

Aditya Hadi, Jakarta – Bank Indonesia (BI) projects annual inflation in the first half of this year will still hover above 5 percent year on year (yoy), according to the central bank ch