Jon Afrizal, Jakarta – University of Indonesia economist Fasial Basri has warned of a possible "minor economic crisis" in December because of "reckless" government policies, particularly massive in

Prima Wirayani, Jakarta – Economic growth stood at 5.06 percent year-on-year (yoy) in the third quarter of this year, slightly more than the 5.01 percent recorded in the previous quarter, the Centr

Jakarta – The Indonesian government is now preparing "ease of doing business" task forces in both the central government and all regional administrations to help smooth the licensing process for th

Grace Amianti and Marchio Irfan Gorbiano, Jakarta – Indonesia has progressed significantly in deregulating its economy as its ranking in the Ease of Doing Business (EODB) index for 2018 has climbed

Jakarta – The Financial System Stability Committee (KSSK) has recorded stable economic conditions up to the third quarter this year, but it has also recorded negative perception of the people's pur

Rachmadea Aisyah, Jakarta – The Investment Coordinating Board (BKPM) announced on Monday that investments had reached Rp 513.2 trillion (US$37.79 billion) by the end of the third quarter, or 75.6 p

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo has praised the strong performance of the capital market so far this year, and expects that similar developments will follow in the real e

Marchio Gorbiano, Jakarta – Indonesia recorded a US$1.76 billion trade surplus in September as exports reached $14.54 billion in September, a 15.6 percent increase from the same month last year, wh

Winny Tang, Jakarta – Ahead of the 2019 presidential election, Indonesia's economic growth will be better than this year as long as the commodity prices stays stable, the nation's biggest mutual fu

With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring Timor-Leste looks set to expand its petroleum and mineral industries.

Jon Afrizal, Jakarta – While the government is trying to attract more investors to Indonesia, it has not been able to convince investors to make good on their pledges, an official at the Coordinati

Anton Hermansyah, Jakarta – On the back of the Indonesian government's issuance of its new controlled foreign company (CFC) regulation on July 26, many Indonesians are likely to sell their foreign

Caitlin McGee – Fifteen years since Timor-Leste gained its independence, there are growing fears it could face economic collapse.

Jakarta – Business people have enthusiastically welcomed the latest 16th economic package on the acceleration of business implementation, which aims to improve coordination between ministries and p

Jakarta – President Joko "Jokowi" Widodo has advised businesspeople to not talk about politics and to instead concentrate on improving the economy through investment.

Jakarta – Finance Minister Sri Mulyani Indrawati has said she will look into the rising losses of flag carrier Garuda Indonesia to find out whether anything was wrong with its investment strategy.

Fedina S.

Gary Kleiman – Indonesia stocks, which have lagged the region and the broader MSCI Emerging Markets Index with a 12% advance through July, revved up briefly after the central bank announced a surpr

Jakarta – Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P. Roeslani has suggested that the government temporarily relax certain taxes to encourage people to spend.

Jakarta – Coordinating Economic Minister Darmin Nasution has admitted the government was late in becoming aware of shifts in spending patterns, particularly among middle-class citizens, who have st

Jakarta – Indonesia plans to lower taxes on domestic sedan sales in a bid to promote the country, the biggest car market in Southeast Asia, as a manufacturing hub for sedans, a finance ministry off

Jakarta – The government has promised to keep inflation low during the rest of the year so that consumer spending, the main driver of the country's economic growth, will increase in the second half

Jakarta – Indonesia's annual economic growth grew more slowly than expected in the second quarter, with growth in some key sectors slowing and pivotal private consumption remaining sluggish.

Prima Wirayani, Jakarta – Indonesia's economic growth stagnated at 5.01 percent year on year (yoy) in the second quarter compared to the first quarter, the Central Statistics Agency (BPS) announced

Stefani Ribka, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) and the US-ASEAN Business Council signed on Tuesday a memorandum of understanding (MoU) for a collaboration that aim

Jakarta – The government held a meeting on Tuesday, attended by several ministers and related officials, for the strict purpose of listening to businesspeople's complaints about the problems they f

Jakarta – Senior vice president and regional managing director of the US-ASEAN Business Council Michael W.

Harry Suhartono – As Indonesians keep their wallets in their pockets, foreigners are pulling money from a stock market dominated by consumer companies.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded that investment from China grew by 92.79 percent year-on-year (yoy) to US$1.96 billion in the first half of 2017.

Singapore – Indonesia hoped that Standard & Poor's upgrade of its rating to investment grade would entice foreign funds into its stock market.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) says investment grew 12.7 percent to Rp 170.9 trillion (US$12.85 billion) in the second quarter of 2017 from the Rp 151.6 trilli

Anton Hermansyah, Jakarta – The World Bank is calling on Indonesia to improve its investment climate to lure more investment into infrastructure development.

Anton Hermansyah, Jakarta – The Investment Coordinating Board (BKPM) has recorded that Java is still the main investment destination as investors remain reluctant to put their money into the countr

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo has criticism government ministers for issuing ministerial regulations that are not in line with the government's deregulation program to

Jakarta – The Indonesian economy has shown improvement, but increased efforts are needed to achieve President Joko "Jokowi" Widodo's target of 7 percent annual growth, according to CIMB Niaga chief

Jakarta – Aceh Governor Irwandi Yusuf has said President Joko "Jokowi" Widodo has instructed him to encourage investment in the province.

Jakarta – Bank Indonesia (BI) has said second quarter growth was slower than expected and that this was sparked by various factors including slow government spending, weak public consumption and th

Jeanavive McGregor, Mark Davis and Peter Cronau – Donald Trump was running for the US presidency when he personally raised with senior Indonesian politicians the need to have a toll road completed

Viriya P. Singgih, Jakarta – The World Bank has lauded Indonesia's fiscal framework, calling it "solid" and saying that it has contributed to improving the credibility of the country.

Jakarta – Moody's Investors Service said the Indonesian government's latest policy package is a "credit positive" as it signals a renewed focus on improving investment climate.

Anton Hermansyah, Jakarta – Indonesia is set to revise the country's negative investment list pending a technical meeting to be organized by the Coordinating Economic Ministry.

Jun Suzuki, Jakarta – The growth of foreign direct investment in Indonesia is slowing. The latest data shows that it expanded 0.9% on the year in the January-March quarter.

Fadli, Batam, Jakarta – Batam Mayor Muhammad Rudi said he has reported to President Joko "Jokowi" Widodo and Economic Coordination Minister Darmin Nasution about the island's worsening economy, tho

Jakarta – World Bank has expressed its support of the government's effort to improve logistics in the country as stipulated in the 15th economic policy package announced on Thursday.

Jakarta – The World Banks has projected that the Indonesian economy would grow at the level of 5.3 percent in 2018, higher than this year's projection of 5.2 percent, according to the bank's June 2

Anton Hermansyah, Jakarta – The government on Thursday launched the 15th economic policy package, which is aimed at improving logistics in the country.

Grace D.

Jakarta – Retailers have high hopes that sales prior to Idul Fitri festivities can recover from low first quarter growth, which was only recorded at 3.9 percent, compared to 10.5 percent growth in

Helen Davidson in Oecusse and Dili – In Timor-Leste's Oecusse province, a band of children wash in the river beneath a multimillion-dollar bridge, yet to open.

Jakarta – Indonesia's economic growth edged up in the first quarter as improving momentum in its major trading partners and rising prices for some commodities underpinned exports, but some analysts