Nabiila Azzahra, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto has provided further context regarding the recent comments made by President Prabowo Subianto ab
Economy & Investment
Displaying 101 - 150 of 3413 Documents
December 12, 2024
December 11, 2024
Monique Handa Shafira, Jakarta – Indonesia is aiming for Rp 1,906 trillion ($119.72 billion) in investment for 2025, marking a 15.45 percent increase from the 2024 target.
December 9, 2024
Jayanty Nada Shofa, Jakarta – President Prabowo Subianto would need Rp 13,528 trillion or approximately $900 billion from foreign and domestic investors if he wants to make his 8 percen
December 5, 2024
Alfida Rizky Febrianna, Jakarta – The planned increase in Indonesia's value-added tax (VAT) rate from 11 percent to 12 percent could reduce the country's gross domestic product (GDP) by
Asher Ellis – Indonesia's recent scuffle with Apple over iPhone 16 sales offers a revealing window into the Prabowo administration's emerging trade and industrial policy.
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Jayanty Nada Shofa, Jakarta – The business deals that President Prabowo Subianto had secured from his first-ever foreign trip had totaled $21.36 billion, much bigger than the previously
December 3, 2024
Beritasatu Team, Jakarta – The Investment Ministry/the Investment Coordinating Board (BKPM) is creating a roadmap for the downstream industrialization of 28 key commodities in Indonesia
Beritasatu Team, Jakarta – The Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced plans to improve transparency in business licensing pr
December 2, 2024
Jakarta – The annual inflation was recorded at 1.55 percent in November, compared to 1.71 percent in the previous month, driven primarily by price hikes in food, beverages, and tobacco
November 29, 2024
Arnoldus Kristianus, Jakarta – As global economic pressures intensify, Bank Indonesia (BI) has projected that Indonesia's economy will remain resilient despite challenges arising from g
November 27, 2024
Ruth Dea Juwita, Jakarta – AUS$100 million investment bid from Apple Inc. has failed to convince the government to revoke a ban on sales of the new iPhone 16 in Indonesia.
November 26, 2024
Jayanty Nada Shofa, Jakarta – A freshly launched report shows that American businesses have invested $67 billion in Indonesia over the past decade, but Jakarta's local content rules, am
Jayanty Nada Shofa, Jakarta – The online gambling epidemic in Indonesia has little to no direct impact on Indonesia's investment climate, according to a deputy minister.
November 23, 2024
Faisal Maliki Baskoro, Jakarta – The Jakarta Composite Index (JCI) inched up 0.48 percent to close at 7,195.57 during the week of Nov.
November 22, 2024
Ruth Dea Juwita, Jakarta – The Industry Ministry is assessing an upgraded investment proposal from Apple Inc.
November 21, 2024
Jakarta – Luhut Binsar Pandjaitan – An economic affairs advisor to President Prabowo Subianto – revealed Thursday that many foreign-owned businesses in Indonesia's tourist haven of Bali
November 19, 2024
Tria Dianti, Jakarta – After holding their breath for nearly eight months, Southeast Asia investors and economists heaved a sigh of relief when Indonesia's "rock star" economist, Sri Mu
November 15, 2024
Aisyah Llewellyn, Medan, Indonesia – Halimah Nasution used to feel as if she had it all.
November 14, 2024
Agnes Valentina Christa, Jakarta – Indonesia's digital economy is projected to reach a gross merchandise value (GMV) of $90 billion (Rp 1,422 trillion) this year, marking a 13 percent i
November 9, 2024
Jakarta – The government's ban imposed on the latest handsets from Apple and Google has, predictably, caused quite a stir in social media and conventional media, with several of the lat
November 8, 2024
Jakarta – This could be a time of reckoning.
November 6, 2024
Arnoldus Kristianus, Jakarta – Indonesia remains positive about expanding at around 5 percent this year despite a slower economic growth in the third quarter of 2024.
Hilman Palaon – The iPhone 16 has been banned from sale in Indonesia. For a rapidly growing, tech-savvy nation, this is a setback for Apple.
November 5, 2024
Jayanty Nada Shofa, Jakarta – The Indonesian economy grew at a slower pace of 4.95 percent year-on-year (yoy) in the third quarter of 2024, according to the National Statistics Agency (
November 3, 2024
Catherine Thorbecke, Tokyo – Even the world's fourth-most populous country, which has more active cell phones than people, seems to be no match for Apple.
November 1, 2024
Stefanno Sulaiman, Gayatri Suroyo, Jakarta – Indonesia's headline annual inflation rate cooled in line with expectations, but its core inflation rate accelerated to its highest in over
October 31, 2024
Nabiila Azzahra A, Jakarta – Indonesian President Prabowo Subianto targets Indonesia's economic growth to reach 8 percent during his term.
October 30, 2024
Deni Ghifari, Jakarta – Indonesia could face an overheating economy if President Prabowo Subianto goes ahead with his plan to push the country's gross domestic product growth to 8 perce
October 27, 2024
Erwin Renaldi and Toby Mann – He sells rice, oil, sugar and other daily essentials, but customers have been a relatively rare sight recently for Erick Saputra.
October 25, 2024
Laura Mobini-Kesheh and Eve Warburton, Jakarta – President Prabowo Subianto inherits an economy that, compared with a decade ago, is more reliant upon extractive industries, consumes fa
Jakarta – The Indonesia Market Outlook 2025 survey by Inventure revealed that 49 percent of the middle class has experienced a decrease in purchasing power.
October 24, 2024
Thresa Sandra Desfika, Jakarta – Shares of consumer goods company Unilever Indonesia (UNVR) took a steep dive in early trading on Thursday, dropping 6 percent to Rp 2,190, following dis
Hammam Izzuddin, Jakarta – Jemmy Kartiwa Sastratmaja, the Chair of the Indonesian Textile Association (API), said the textile giant Sritex's bankruptcy is inseparable from the global ec
October 22, 2024
Stefanno Sulaiman, Jakarta – Indonesian President Prabowo Subianto wants to establish a new investment agency that would become a holding company for state investments, similar to Singa
October 18, 2024
Adil Al Hasan, Rr.
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati has projected Indonesia's economic growth to reach 5.1 percent by the end of 2024, slightly below the 5.2 percent t
October 17, 2024
Wahyudi Soeriaatmadja, Jakarta – Indonesia's incoming president Prabowo Subianto has plans to grow the country's economy with pitches centred on investor-friendly and tourist-centric po
October 16, 2024
Celvin Moniaga Sipahutar, Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo's decade-long leadership has spurred the massive development of Indonesia's special economic zones
Arti Ekawati – On October 20, Prabowo Subianto will be inaugurated as Indonesia's president.
October 15, 2024
Yolanda Agne, Jakarta – President-elect Prabowo Subianto is optimistic that Indonesia could achieve the 8 percent economic growth target within two to three years of his administration.
Jayanty Nada Shofa, Jakarta – Indonesia has attracted Rp 1,261.4 trillion (nearly $81 billion) in combined investments from both foreign and domestic investors so far this year as of Se
October 11, 2024
Jakarta – Before President Joko "Jokowi" Widodo ascended to the highest office in 2014 there was a widespread expectation that he would move heaven and earth to reduce the immense econo
Najla Nur Fauziyah, Jakarta – Tauhid Ahmad, an economist from the Institute for Development of Economics and Finance (Indef), said the waning of Indonesians' purchasing power in the las
October 10, 2024
Jakarta – The newly launched iPhone 16 from tech giant Apple could be banned from the Indonesian market, sparking debate among the country's netizens.
Jakarta – Companies in the Bakrie Group seemed to be putting into practice an ironic saying on social media: debtors are more aggressive than creditors when payment is demanded.
Jayanty Nada Shofa, Jakarta – President-Elect Prabowo Subianto recently revealed that his incoming government would not adopt the trickle-down economics approach, saying that all Indone
Deni Ghifari, Jakarta – Indonesia has seen little to no progress in shifting the focus of development away from Java over the past decade, notwithstanding the promise of President Joko
October 9, 2024
Divya Karyza, Jakarta – Indonesia's gross domestic product (GDP) per capita is expected to exceed US$7,000 in 2029, according to President Joko "Jokowi" Widodo, who added that he expect
Alfida Rizky Febrianna, Jayanty Nada Shofa, Jakarta – The two-day BNI Investor Daily Summit opened with remarks from outgoing President Joko "Jokowi" Widodo and concluded with a vision