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.

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"

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

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

Adrian Wail Akhlas, Jakarta – Indonesia's imports have fallen for 10 consecutive months in April as manufacturing companies cut production output while consumer demand continues to shr

Adrian Wail Akhlas, Jaka – The government should boost economic recovery spending to Rp 600 trillion (US$40.17 billion) to help businesses cope with the economic impacts of the COVID-1

Mardika Parama, Jakarta – The government plans to allocate an additional Rp 56.5 trillion (US$3.8 billion) to a number ministries and agencies in 2021 to revive the economy, according

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government has issued a regulation on economic recovery to support, maintain and strengthen businesses, stipulating state capital inj

Dzulfiqar Fathur Rahman and Adrian Wail Akhlas, Jakarta – The Indonesian government is mulling over a plan to start easing the COVID-19 social restrictions in June to allow businesses

Lona Olavia, Jakarta – Most businesses in Indonesia only have enough cash to continue operating until the end of next month with little to no sales under large-scale social restriction

Riska Rahman and Riza Roidila Mufti, Jakarta – Businesspeople and economists have expressed concerns about the government's decision to ease travel restrictions, saying the policy coul

Dzulfiqar Fathur Rahman, Jakarta – The COVID-19 pandemic has hindered the government's efforts to attract new investment into the country, as evidenced by the new quarterly figures, ac

Adrian Wail Akhlas, Jakarta – Indonesia's household spending is expected to contract this year as consumers turn pessimistic amid the COVID-19 pandemic, which has disrupted businesses

Adrian Wail Akhlas, Jakarta – Fitch Solutions has forecast Indonesia's GDP to contract by 1.3 percent this year, compared with 2.8 percent economic growth in its previous projection, a

Diana Mariska, Jakarta – Bank Indonesia is confident Indonesia's economy would continue to grow in the second quarter of this year after the country recorded a 2.97 percent gross domes

Adrian Wail Akhlas, Jakarta – Indonesia's economy grew 2.97 percent in the first quarter, the weakest since 2001, as household spending and investment growth slowed amid the coronaviru

Adrian Wail Akhlas, Jakarta – Indonesia recorded "unusually" low inflation at the start of Ramadan in April as the COVID-19 pandemic reined in household spending, according to Statisti

Joao da Cruz Cardoso – The economic impact of coronavirus has been made even more severe in oil-producing countries due to the consequences of Covid-19 itself and a collapse in oil pri

Dzulfiqar Fathur Rahman, Jakarta – Projects in the warehouse, transportation and telecommunications sector have contributed the most to total realized investment this year at around 23

Adrian Wail Akhlas, Jakarta – Indonesia's economy may enter a recession and experience a much longer recovery than other countries in Southeast Asia if the government's management of t

Yunindita Prasidya, Jakarta – The Investment Coordinating Board (BKPM) has asked the Finance Ministry to reconsider a budget cut following the ministry's plan to reallocate Rp 191.21 b

Harry Suhartono and Tassia Sipahutar, Jakarta – Indonesia opted for less punishing social-distancing measures than its neighbors to stem the spread of the coronavirus.

Adrian Wail Akhlas, Jakarta – Household spending in Indonesia, a major contributor to the country's gross domestic product (GDP), is expected to tank this year as more people lose thei

Yunindita Prasidya, Jakarta – Indonesians are relatively more optimistic on the outlook of the economy and will spend more in the future as businesses are forced to adapt to changing c

Rizki Ramadhani – National businessperson Sandiaga Uno says that the Draft Omnibus Law on Job Creation is not a priority for investors at the moment.

Dzulfiqar Fathur Rahman, Jakarta – Indonesia's total investment realization slightly increased in the first quarter of this year, but the global economic woes caused by the COVID-19 pa

Adrian Wail Akhlas, Jakarta – The Finance Ministry's fiscal policy agency (BKF) has voiced concerns that the government's Rp 436.1 trillion (US$28.14 billion) stimulus may be insuffici

Adrian Wail Akhlas, Jakarta – Fitch Solutions has downgraded Indonesia's economic growth projection to 2.8 percent, down from its initial projection of 4.2 percent, as consumption and

Dzulfiqar Fathur Rahman, Jakarta – The COVID-19 pandemic has yet to affect investors' investment plans in the country, Coordinating Maritime Affairs and Investment Minister Luhut Pandj

Adrian Wail Akhlas, Jakarta – Indonesia's economic growth is expected to remain in positive territory this year, albeit ever so slightly, as the coronavirus pandemic puts the global ec

Marchio Irfan Gorbiano and Adrian Wa'il Akhlas, Jakarta – Antigraft activists have called on the government to be transparent in the disbursement of the recently unveiled Rp 405.1 tril

Eisya A.

Made Anthony Iswara, Jakarta – Indonesia's economy is expected to grow by only 2.5 percent this year, from a four-year low of 5.02 percent in 2019, according to a new Asian Development

Made Anthony Iswara and Riska Rahman, Jakarta – Indonesia's loan growth fell to a more than 10-year low in February as a cooling economy due to the COVID-19 pandemic hit credit demand

Adrian Wail Akhlas, Jakarta – The government's decision to avoid imposing regional quarantine measures to contain the COVID-19 pandemic is expected to inflict greater economic harm tha

Jakarta – Automotive manufacturer PT Suzuki Indomobil Motor is halting its car production in Indonesia for two weeks in an effort to curb the spread of the coronavirus.

Adrian Wail Akhlas, Jakarta – Indonesia's response to contain the COVID-19 outbreak has been slower compared with some other countries in the region despite policies to limit the econo

Adrian Wail Akhlas, Jakarta – The World Bank has estimated that the COVID-19 pandemic will significantly slow Indonesia's economic growth this year and may throw millions of people int

Jakarta – Southeast Asia's largest economy is now projected to grow just 3.6 percent this year, far below the government's original estimate of about 5 percent, as the impact of the CO

Adrian Wail Akhlas, Jakarta – Economists have called on the government and businesses to roll out additional stimuli aimed at providing social safety nets, as several communities and w

Riska Rahman, Jakarta – Investors are questioning the government's response to the COVID-19 pandemic in Indonesia amid a selling spree on the domestic stock market as the country recor

Riska Rahman and Made Anthony Iswara, Jakarta – Major business players are split over the idea of a lockdown to slow the spread of the highly contagious coronavirus disease (COVID-19).

Adrian Wail Akhlas and Made Anthony Iswara, Jakarta – Indonesia has officially announced a second stimulus package and has vowed to set aside a chunk of its state budget to support the

Riza Roidila Mufti, Jakarta – Indonesia's logistics sector recorded 10.5 percent growth last year supported by high growth in railway and sea transportation, as well as warehousing, bu

Adrian Wail Akhlas, Jakarta – The government is speeding up the disbursement of training funds for workers on top of announcing individual and corporate tax breaks, as well as relaxing

Made Anthony Iswara, Fadli, Asip Hasani, Markus Makur, Jon Afrizal and Apriadi Gunawan, Jakarta/Batam/Blitar, East Java/Labuan Bajo, East Nusa Tenggara/Jambi, Medan – From empty malls