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

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

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)

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

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.

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

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

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

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

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

Francisca Christy Rosana, Budiarti Utami Putri, Jakarta – Institute for Development of Economics and Finance (Indef) economist, Bhima Yudhistira Adhinegara, argues that the constant cha

Caesar Akbar, Jakarta – An economic observer from the Institute for Development of Economics and Finance (Indef), Ahmad Heri Firdaus, opined that the strong objection voiced by people t

Rizki Fachriansyah, Jakarta – The government is encouraging the middle-income segment to spend more through online shopping platforms to help improve spending amid the economic downturn

Linda Yulisman, Jakarta – The Indonesian government has introduced a special micro-loan for entrepreneurial women from low-income families to help them grow their small businesses, as t

Herman, Jakarta – The annual inflation rate in Indonesia has inched up for the first time this year in September driven by an increase in some raw food prices, as consumer demands remai

Dzulfiqar Fathur Rahman, Jakarta – The majority of small businesses might have to shut down within six months, as the restrictions aimed at containing COVID-19 are bringing the Indonesi

Adrian Wail Akhlas, Jakarta – The government is going ahead with the plan to implement the so-called National Logistics Ecosystem (NLE) platform, expected to cut red-tape, reduce high l

Adrian Wail Akhlas, Jakarta – Finance Minister Sri Mulyani has said that the country's economic recovery from the COVID-19 pandemic will depend on the fiscal stimulus package and on eco

Adrian Wail Akhlas, Jakarta – Indonesia's gross domestic product (GDP) is expected to shrink even further than projected in the third quarter as capital city Jakarta reimposes large-sca

Kiki Siregar, Jakarta – The decision to re-impose a partial lockdown in Jakarta will hit the Indonesian economy this quarter, but these restrictions are necessary so that the economy ca

Adrian Wail Akhlas, Jakarta – Indonesia expects a long road to full economic recovery after Jakarta brought back strict social restrictions measures amid a continued rise in the number

Adrian Wail Akhlas, Jakarta – Indonesia's retail sales fell again in July as consumers were still pessimistic, Bank Indonesia (BI) announced, as economists believe that indicators are s

Francisca Christy Rosana, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P.

Mardika Parama, Jakarta – The government's COVID-19 stimulus package for micro, small, and medium enterprises (MSMEs) is misguided and hampered by a lack of reliable data, experts have

Riska Rahman, Jakarta – The government is seeking to expand its business assistance program to around 3 million more small businesses affected by the COVID-19 outbreak by reallocating f

John McBeth, Jakarta – Retired general turned businessman and politician, Coordinating Minister for Maritime Affairs and Investment Luhut Panjaitan may cut a controversial profile, but

Heru Andriyanto, Bogor – Indonesia has a month left to turn things around after experiencing a 5.32 percent contraction in its economy in the second quarter due to the economic impact o

Harry Suhartono and Fathiya Dahrul – Indonesia's second-largest lender by assets says the nation's companies are set to demand more loans, as they scoop up assets made cheaper by the pa

Adrian Wail Akhlas, Jakarta – Indonesia's economy faces a "near-certain recession" in the third quarter this year, economists say, as a robust economic recovery will depend on whether t

Wilmar Salim, Bandung – Indonesia saw 5.32 percent economic contraction year-on-year (yoy) during the second quarter due to the impact of COVID-19.

Mardika Parama, Jakarta – High costs for logistics and electricity in Batam are burdensome for business, hampering the government's effort to attract investors to the free trade zone (F

Jakarta (Bloomberg) – Indonesia's efforts to revive the economy took a stumble as coronavirus outbreaks forced factories in one of its biggest manufacturing hubs to shut.

Dzulfiqar Fathur Rahman, Jakarta – President Joko "Jokowi" Widodo has launched the productive social assistance program for micro businesses to help them survive the economic crisis cau

Andree Surianta – For the past decade, the Indonesian government has stepped up efforts to mandate the use of the Indonesian language in all aspects of life.

Jakarta – President Joko "Jokowi" Widodo announced on Wednesday that the government will disburse Rp 2.4 million (US$161) in cash aid to micro and small enterprises starting next week t

Adrian Wail Akhlas, Jakarta – Indonesia is aiming to capitalize on the coronavirus crisis to conduct structural reforms including in human capital and infrastructure, among other things

Adrian Wail Akhlas, Jakarta – The government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus

Riska Rahman, Jakarta – The government has unveiled a new microcredit program (KUR) for laid-off workers and housewives who own micro-sized businesses to help them recover from the impa

Adrian Wail Akhlas, Jakarta – Economic recovery and structural reform will be at the core of the government's 2021 state budget policy as the COVID-19 pandemic paralyzes the economy an

Jakarta – Indonesia must use the pandemic to reboot South-east Asia's biggest economy, including by improving food and energy security, as well as processing more natural resources at

Budi Sutrisno, Jakarta – President Joko "Jokowi" Widodo has called on people to support development amid the health and economic crisis.

Norman Harsono, Jakarta – President Joko "Jokowi" Widodo has reaffirmed that Indonesia's future natural resources policy will focus on "massive downstreaming" to produce higher-value p

Dzulfiqar Fathur Rahman, Jakarta – President Joko "Jokowi" Widodo has reiterated his commitment to eliminating overlapping regulations and developing more industrial parks across Indon

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo aims to push the country's economic recovery and structural reform amid the coronavirus-induced downturn in its proposed 20

Adrian Wail Akhlas, Jakarta – Indonesia must focus on controlling the spread of the coronavirus to speed up the economic recovery, economists have said, arguing that the current health

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government is planning to expand its social aid program and incentives for micro, small and medium enterprises (MSMEs) in an effort t

Adrian Wail Akhlas, Jakarta – Economists have urged the government to ramp up state spending and control the coronavirus spread to speed up recovery as Indonesia's economy contracts fo

Yunindita Prasidya, Jakarta – The government's slow budget realization has hindered the country's economic recovery, as the COVID-19 pandemic puts continuous pressure on people's purch

Dzulfiqar Fathur Rahman, Jakarta – To attract investment in the post-COVID-19 period, Indonesia needs to step up its handling of the pandemic to ensure the economy can be reopened safe

Arnoldus Kristanus, Jakarta – Indonesia's economy has shrunk by 5.3 percent in the second quarter this year, worse than many predictions, as government's sluggishness in stimulus spend