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

Rachmadea Aisyah, Jakarta – Stakeholders are looking for domestic solutions to securing investments this year after global disruptions led to a weak inflow of foreign investment in 201

Marchio Irfan Gorbiano, Jakarta – The Arun Lhokseumawe Special Economic Zone (SEZ) in Aceh, which houses one of the country's natural gas facilities, could be the latest example of the

Marchio Irfan Gorbiano, Jakarta – Robert Z.

Jakarta – The government plans to establish an institution that will be responsible for synchronizing contradictory and overlapping rules in regulations issued by different institution

Shotaro Tani, Jakarta – Indonesia's economy last year grew at its fastest pace since President Joko Widodo took office, but failed to hit the government's growth target.

Marchio Irfan Gorbiano, Jakarta – Speaking to investors at a seminar in Jakarta recently, Finance Minister Sri Mulyani Indrawati felt compelled to mention each of the business sectors

Rachmadea Aisyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded Rp 721.3 trillion (US$51.1 billion) in foreign and domestic investment throughout 2018, up 4.1 percent

Winny Tang, Jakarta – Fast-moving consumer goods (FMCG) companies may continue to face challenges in 2019 amid slow consumption growth and new competing products, although there is pot

Rachmadea Aisyah, Jakarta – Beyond flashy promises and all-out commitments, business players highlighted the importance of policy and regulatory certainty when it comes to presidential

Jakarta – The Indonesian Exporters Association (GPEI) is seeking incentives from the government for the use of local raw materials to manufacture its products.

Jakarta – Bank Indonesia has attributed the recent recovery of the rupiah's exchange value to growing investor confidence and effective market mechanisms.

Jakarta – Indonesia's consumer confidence index (CCI) rose by 1.7 percent from 99.0 to 100.7 in December, after increasing 0.8 percent in the previous month, according to a survey cond

Jakarta – Although 2019 is expected to see a repeat of the previous year's challenges, some sectors have a rosier outlook than others.

Riska Rahman, Jakarta – The National Statistics Indonesia (BPS) on Wednesday announced that the whole-year inflation rate was 3.13 percent, lower than the 3.5 percent target set in the

Jakarta – The Indonesian economy is expected to face continued external challenges stemming from uncertainty in the global environment, as developed economies are expected to further t

Jakarta – It has not been all doom and gloom in the economy this year.

Toyiban, Manokwari, W Papua – West Papua Governor Dominggus Mandacan has said the province was safe for investment, and thus, invited investors to invest in the area.

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has decided to heed the call of businesspeople to maintain restriction on foreign investments in several sectors out of

Jakarta – Bank Indonesia (BI) Governor Perry Warjoyo announced on Tuesday the revision of its gross domestic product (GDP) projection for 2019 to between 5 and 5.4 percent from its init

Jakarta – Following protests by business representatives, the government has stepped back from its policy of removing 54 business sectors from the current negative investment list (DNI)

Jakarta – The Indonesian Employers Association (Apindo) has called on the government to cancel its revision of the negative investment list (DNI), which is part of the 16th economic pol

Jakarta – Industry Minister Airlangga Hartarto has said the government would go ahead with its plan to launch a new negative investment list (DNI) policy on Nov.

Jakarta – The government will allow foreign investors to have full ownership in 25 business units, among the 54 business units that were removed from the Negative Investment List (DNI)

Jakarta – The Indonesian Consumers Foundation (YLKI) has criticized the government for withdrawing the cigarette industry from the negative investment list (DNI), which was part of the

Rachmadea Aisyah, Jakarta – The government launched on Friday its 16th economic policy package to ensure the nation's economic resilience through policy relaxations.

Marchio Irfan Gorbiano, Jakarta – Indonesia has welcomed the inflow of foreign capital to its sovereign bond and stock markets recently, positively influencing the rupiah exchange rate

Rachmadea Aisyah, Jakarta – The Indonesian economy grew by 5.17 percent year-on-year (yoy) in the third quarter of 2018, Statistics Indonesia (BPS) announced on Monday.

Jakarta – Investment Coordinating Board (BKPM) head Thomas Lembong says the government has lost its focus in the effort to improve its ranking in the World Bank's Ease of Doing Business

Rachmadea Aisyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded Rp 173.8 trillion (US$11.4 billion) in investment in the third quarter, 1.4 percent lower than investme

Devina Heriyanto, Jakarta – Indonesia's economic competitiveness has stepped up, according to the recently released Global Competitiveness Report by the World Economic Forum (WEF).

Dias Prasongko, Nusa Dua – President Joko 'Jokowi' Widodo said that the global economy is like the popular TV series, Game of Thrones.

Paulina Quintao – The government of Timor-Leste together with the Millennium Challenge Corporation (MCC) Agency conducted an in-depth analysis of the main challenges for the country's e

Jakarta – The government and Bank Indonesia (BI) are prioritizing economic stability over economic growth because external pressures still haunt the country's economy, Economic Coordina

Jakarta – A Danareksa Research Institute (DRI) survey shows that the consumer confidence index (CCI) in August has retreated from 101.6 to 97.5 following a 4.7 percent increase in the p

Jessica Jaganathan, Wilda Asmarini, Singapore/Jakarta – Indonesia is pushing to nationalise more of its oil and gas assets as it tries to reduce imports and boost government revenue ami

Adinda Normala, Jakarta – Foreign direct investment in Indonesia declined by 12.9 percent to Rp 95.7 trillion ($6.66 billion) in the second quarter, compared with the same period last y

Rachmadea Aisyah, Jakarta – The Investment Coordinating Board (BKPM) announced on Tuesday that investment growth was recorded at 3.1 percent year-on-year (yoy) in the second quarter, co

Sarah Yuniarni, Adinda Normala & Amal Ganesha, Jakarta – The business sector expects calm and stability to prevail in the period leading up to next year's presidential and legislati

Marchio Irfan Gorbiano, Jakarta – The Indonesian economy expanded by 5.27 percent year-on-year (yoy) during the second quarter of 2018 thanks to strong growth in consumption, the Centra

Viriya Singgih and Tassia Sipahutar, Jakarta – The Indonesian economy is offering little cheer for President Joko Widodo as he gears up to run for a second term.

Jakarta – Vice President Jusuf Kalla has said investors were in a wait and see position ahead of the presidential and legislative elections in 2019 as they were concerned about the poss

Paulina Quintao – The Executive Director for Business Registration and Verification (SERVE), Florencio Sanches said they recently received applications from four big international compa

Jakarta – The chairman of the Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, has said that several investors had informed the board that they would be postponing their i

Jakarta – National Development Planning Minister Bambang Brodjonegoro has said that the government is committed to creating new centers of economic growth outside Java in its effort to

Riza Roidila Mufti, Jakarta – Logistic costs in Indonesia are higher than those in other countries.

Marchio Irfan Gorbiano, Jakarta – The government, in agreement with the House Commission XI overseeing finance, has cut its gross domestic product (GDP) growth projection for 2019 to be

Anton Hermansyah, Jakarta – The government and the House of Representatives agreed on Tuesday to revise the growth target stated in the 2019 draft state budget to the range 5.2 to 5.6 p

Viriya Singgih, Karlis Salna and Tassia Sipahutar, Jakarta – It was a lofty ambition from the start.

Harry Suhartono, Jakarta – Indonesian stocks are coming back with a vengeance.