Jakarta – Indonesia's economic growth leveled off slightly in the second quarter as an investment slowdown and lower exports wiped out the boost from the elections and festive spending

Jakarta – Indonesia's annual inflation rate rose slightly to 3.32 percent in July, as raw food prices maintained an upward trend due to the dry season, the national statistics agency s

Jakarta – The executive board of the International Monetary Fund (IMF) commended the authorities' policy response in the face of strong external headwinds in 2018, which supported posi

Victor Mambor, Jayapura, Papua – Papua Governor Lukas Enembe has issued a regulation to help boost the involvement of Papuan businesspeople in procurement projects and speed up develop

Rachmadea Aisyah, Jakarta – The chairman of the Investment Coordinating Board, Thomas Trikasih Lembong, is optimistic investments would record a double-digit growth this year after a 7

Jakarta – Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest inve

Nur Yasmin, Jakarta – President Joko "Jokowi" Widodo must streamline the bureaucracy and overhaul the relationship between the central and regional governments to improve the investmen

Marchio Irfan Gorbiano, Jakarta – The Office of the Coordinating Economic Minister has revived a discussion about relaxing the negative investment list (DNI) following a recent speech

Jakarta – Indonesia's economy will be unable to grow at more than 5.5 percent in the short term if structural problems hampering productivity are not resolved, Finance Minister Sri Mul

Jakarta – Indonesia posted a trade surplus in June amid declines in both the country's import and export, the Central Statistics Agency announced on Monday.

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Jakarta – Business activity improved in the second quarter, indicated by the increase of weighted net balance (WNB) to 19.17 percent from 8.65 percent in the previous quarter, accordin

Made Anthony Iswara, Jakarta – The House of Representatives and the government have agreed on a set of macroeconomic assumptions that will form the basis for the 2020 state budget.

Jakarta – Indonesia's gross domestic product (GDP) grew 5.1 percent in the first quarter, consistently within a narrow range of 4.9-5.3 percent for the last 14 quarters, according to t

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Jakarta – President Joko "Jokowi" Widodo should take immediate action to boost the economy after the Constitutional Court rejected Prabowo Subianto-Sandiaga Uno's legal challenge to hi

Jakarta – Foreign investors have started investing in Indonesia's capital market thanks to the more stable condition of the country's economy.

Jakarta – The textile industry was one of Indonesia's largest earners of foreign exchange last year, with exports valued at $13 billion, marking a 5 percent increase from 2017.

Jakarta – Investors who are counting on Indonesian President Joko "Jokowi" Widodo unleashing a wave of economic reforms in his second term may be sorely disappointed.

Antara & Christian Lee, Jakarta – Finance Minister Sri Mulyani Indrawati has suggested providing incentives to regions that have proven successful in encouraging investment and con

Karlis Salna, Jakarta – Indonesian President Joko "Widodo" Widodo has only a narrow window to lock in reforms needed to insulate the economy from escalating trade ructions and slowing

Stefanno Reinard Sulaiman, Jakarta – Coordinating Economic Minister Darmin Nasution has expressed his optimism that the economy will grow faster in the second quarter of 2019.

Marchio Irfan Gorbiano, Jakarta – The government pledges to push forward with its structural reforms after Indonesia showed an improvement in the International Institute for Management

Jakarta – Indonesia has leaped over its peers in Asia-Pacific in terms of competitiveness thanks to improvements in government efficiency, infrastructure and business conditions, Switz

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Muhamad Al Azhari, Jakarta – Indonesia, an emerging middle-income country, is already the world's 16th largest economy by gross domestic product and the 10th strongest in terms of purc

Jakarta – The government has pledged to boost spending in the second quarter to significantly boost gross domestic product (GDP) growth.

Jakarta – State-owned lender PT Bank Rakyat Indonesia (BRI) remains the largest public company in the country, according to a global list of companies compiled by Forbes.

Jakarta – Finance Minister Sri Mulyani Indrawati says that Indonesia will face difficulty in maintaining gross domestic product (GDP) growth at 5 percent this year because of the ongoi

Rachmadea Aisyah and Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo launched on Tuesday the country's first master plan for a sharia economy for implementation from 2

Jakarta – The Haj Fund Management Agency (BPKH) has announced it has collected Rp 6 trillion (US$422.47 million) in returns from its investments in 2018, a 28 percent increase from its

Faisal Maliki Baskoro & Muhamad Al Azhari, Jakarta – The Indonesian economy grew at a slower pace than expected in the first quarter, as exports contracted and investment tapered o

Rachmadea Aisyah, Jakarta – The monthly inflation rate increased to 0.44 percent in April, higher than market expectations due mainly to an increase in food prices, Statistics Indonesi

Jakarta – Senior economist Faisal Basri of the University of Indonesia has said that President Joko "Jokowi" Widodo must eliminate "vested interests" in the government that had been pu

Marchio Irfan Gorbiano, Jakarta – Finance Minister Sri Mulyani Indrawati is expecting that household spending, the primary driver of gross domestic product (GDP) growth in Indonesia, w

Marchio Irfan Gorbiano, Bogor, West Java – The government has set a higher GDP growth target for 2020 than 2019 after taking into account the higher aggregate demand outlook for consum

Jakarta – The government has issued a new regulation on incentives and facilities for investment in Indonesia's regions (provinces, cities, regencies) in an effort to boost economic gr

Dion Bisara, Jakarta – What impact will President Joko "Jokowi" Widodo's likely re-election have on the Indonesian economy over the next five years?

Jakarta – The Creative Economy Agency (Bekraf) has projected 20-30 percent growth in the number of start-ups in Indonesia as they are supported by high demand for digital solutions in

Jakarta – National Development Planning Minister Bambang Brodjonegoro attended an Indonesia-International Monetary Fund (IMF) bilateral meeting to discuss public investment management

Nur Yasmin, Jakarta – Women's empowerment in small businesses and a finance system for startups will be discussed during this year's second meeting of the Asia-Pacific Economic Coopera

Caesar Akbar, Jakarta – The economy division member of the Prabowo – Sandiaga campaign team, Anthony Budiawan, criticized the high figure of foreign direct investment (FDI) in Indonesi

Shotaro Tani, Jakarta – As Indonesia heads toward its presidential election on April 17, incumbent Joko Widodo, popularly known as Jokowi, will be partially judged on his economic trac

Jakarta – Players in the Indonesia Stock Exchange (IDX) have been in a wait-and-see mode since early January and will continue to bide their time until the General Elections Commission

Marchio Irfan Gorbiano, Jakarta – Bank Indonesia (BI) called on greater synergy between stakeholders to help the country book a higher gross domestic product (GDP) growth.

Jakarta – Finance Minister Sri Mulyani Indrawati said at a Cabinet meeting on Wednesday that Indonesdia is formulating plans to become a upper-middle income country.

Marchio Irfan Gorbiano, Jakarta – Indonesia recorded the year's first deflation of 0.08 percent in February, compared to the 0.32 percent inflation it recorded in January, Statistics I

Jakarta – The government is working to achieve its target of ranking 40th on the World Bank's ease of doing business (EODB) index to attract more investors to the country.

When Joko Widodo (Jokowi) took over the Indonesian presidency in 2014, he faced a stagnating poverty reduction effort and stubbornly high inequality levels.