Gayatri Suroyo, Jakarta – Indonesia's central bank confirmed on Tuesday that a rule taking effect on July 1 means that hotel rooms, airline tickets, property leases and most salaries must be paid i

Esther Samboh, Jakarta – The government's expected tax anomaly – in which tax revenues increase despite the weak economy – has yet to be seen almost halfway through the year, with tax takings remai

Jakarta – A representative of Kantar Worldpanel Indonesia, a market research company, says there has been a steep decline in consumer purchasing frequency this year amid the global economic slowdow

Grace D. Amianti, Jakarta – The government has maintained its economic growth target for 2016, despite most factions at the House of Representatives insisting that the estimate is unrealistic.

Jakarta – The Washington-based World Bank has pledged up to $12 billion in new financing to Indonesia over the next three to five years, to support the nation speeding up infrastructure development

Tassia Sipahutar, Jakarta – The government's newly unveiled 2016 economic growth target has raised eyebrows, with economists describing it as being too ambitious.

Linda Yulisman, Jakarta – Indonesia's trade balance booked its fourth straight month of surplus in April, while the current-account deficit improved in the first quarter as imports plunged along wi

Jakarta – The Indonesia Iron and Steel Industry Association (IISIA) is calling on the government to immediately implement its plan to increase steel import duties for exporters under the Most Favor

In late April Indonesia's president, Joko Widodo, better known as Jokowi, wooed foreign moneymen at a big international conference.

Muhamad Al Azhari, Jakarta - Multi Bintang Indonesia, Indonesia's biggest beer producer, posted a sharp decline in profit for the first quarter due to the recent Trade Ministry regulation that proh

Muhamad Al Azhari, Jakarta – President Joko Widodo should free himself from the suffocating political "straitjacket" and focus on the economy for the rest of his term, as investors begin wondering

Indonesia's foreign debt continues to rise, primarily because private sector debt is growing.

Jakarta – President Joko "Jokowi" Widodo has expressed his concerns over the performance of the country's export sector, which continued to decline during the first quarter of this year despite the

Raras Cahyafitri, Jakarta – Uncertainty over the gas supply for planned industrial development in the eastern part of the country, particularly Papua and West Papua, has hampered the government pro

Tassia Sipahutar, Jakarta – Major lenders reported rising bad loans throughout last year but stakeholders have played down the impact on the soundness of the banking industry and, in turn, economic

Fedina S. Sundaryani, Jakarta – In a move to maintain access to clean water, the Constitutional Court has revoked a law that had allowed the private sector to monopolize water resources.

Satria Sambijantoro, Jakarta – Economic reforms undertaken by President Joko "Jokowi" Widodo have drawn strong inflows in the equity and bonds markets, but have failed to propel the rupiah as curre

Linda Yulisman and Raras Cahyafitri, Jakarta – In its plenary session on Monday, the House of Representatives agreed 37 bills set for deliberation this year, with more than half related to reform i

Satria Sambijantoro, Jakarta – Indonesia recorded deflation in January as the decline in fuel prices dragged down food and transportation costs further than expected, creating room for the central

Linda Yulisman, Jakarta – The new one-stop integrated service (PTSP) launched by President Joko "Jokowi" Widodo on Monday is expected to simplify investment licensing procedures and improve ease of

Raras Cahyafitri, Jakarta – The plunge in the global oil price presents risks to the country's state budget as income from the sector could fall further and oil output might also drop on cost-cutti

Satria Sambijantoro and Raras Cahyafitri, Jakarta – Cuts in fuel prices, liquefied petroleum gas (LPG) and cement announced by the government on Friday would have limited impact on the economy in t

Satria Sambijantoro, Jakarta – With a significant cut in the fuel subsidy, President Joko "Jokowi" Widodo will be able to double the government's capital expenditure (capex) in the revised 2015 sta

Satria Sambijantoro, Jakarta – Bank Indonesia (BI) announced on Thursday another foreign debt regulation involving a stricter reporting system for local companies planning to borrow US dollars amid

Linda Yulisman and Tama Salim, Jakarta – Indonesian exporters may well struggle again this year as the global economic slowdown is likely continue to have an impact on their business.

Muhamad Al Azhari, Erwida Maulia & Agustiyanti, Jakarta – A leading business lobby with strong ties to the administration of President Joko Widodo has called for a tax amnesty, in w

Satria Sambijantoro, Jakarta – President Joko "Jokowi" Widodo has been warned about potential missteps in his development agenda as his ambition to drastically increase Indonesia's econ

Headlines – Despite Bank Indonesia's (BI) continuous pledge to guard currency stability, the rupiah nose dived to the weakest level in 16 years, bringing the specter of the 1998 Asian f

Venidora Oliveira – Member of Parliament Estanislau da Silva has criticized the government for its failure to attract major investors to Timor-Leste.

Eveline Danubrata & Nicholas Owen, Jakarta – Indonesia's new government is launching a bid to convince skeptical foreign investors to pour billions of dollars into improving the cou

Satria Sambijantoro, Jakarta – Indonesia's gross domestic product (GDP) growth has decelerated to its slowest rate since the global financial crisis five years ago, with the country's c

Paulina Quintao – Deputy Minister for Industry and the Environment Abel da Costa Ximenes says the government will not intervene to regulate prices for goods as sales tax produces revenu

Judith Ugwumadu – The government of Timor-Leste must further strengthen its public financial management in order to smooth spending over the long term to avoid a 'fiscal cliff', the Int

Anggi M.

Paulina Quintao – The decision by the government to use Indonesia bottled water at recent international events such as the Community of Portuguese Language Countries (CPLP) conference,

Paulina Quintao – Timor-Leste's 2014 non-petroleum sector derived economic growth is projected to hit 8 per cent, according to government estimates.

Jakarta – Indonesia needs more mainstay products in order to compete in the Asean Economic Community (AEC), Executive Chairman of the Indonesian Communications and Information Technolog

The growing inequality is the most visible negative product of economic growth during SBY's tenure.

Tassia Sipahutar, Jakarta – Bank Indonesia (BI) will closely monitor the increase of bad loans, particularly in four business sectors, as they are slowly approaching the benchmark set b

Linda Yulisman, Jakarta – Doing business in Indonesia has become easier, but corruption remains the major impediment that drags on its economic performance, according to a survey conduc

Satria Sambijantoro, Jakarta – While the latest indicators show that inflation is falling and the trade balance posted a surprising surplus, the positive data could conceal underlying p

Tama Salim, Jakarta – Indonesia remains the top destination in the ASEAN region for future US corporate expansion despite the many challenges for companies doing business in the country

Satria Sambijantoro and Linda Yulisman, Jakarta – Investors and industry representatives on Thursday responded positively to the Constitutional Court ruling that dismissed Prabowo Subia

Satria Sambijantoro, Jakarta – Alarm bells have begun to ring again after the release of statistics showing the country's current-account deficit, the major worry among investors, widen

Linda Yulisman, Jakarta – Indonesia's trade balance continued to record a deficit in the first half of this year (H1), driven by a significant loss in the oil and gas trade, renewing pr

Satria Sambijantoro, Jakarta – Foreign direct investment (FDI) growth in Indonesia has reached a historic high in the second quarter after slowing earlier this year, partly boosted by n

Jakarta – The Investment Coordinating Board (BKPM) has confirmed that Singapore topped the foreign investor list in Indonesia during the first half of 2014.

Kanupriya Kapoor & Jonathan Thatcher, Jakarta – Indonesia's new president, Joko "Jokowi" Widodo, promised to make life simpler for investors by beefing up the country's threadbare i

Muhamad Al Azhari, Jakarta – Indonesian stocks and the rupiah fell on Tuesday after presidential candidate Prabowo Subianto withdrew from the electoral process and told supporters to le

Sam Reeves, Jakarta – Indonesia faces a long period of uncertainty after last week's disputed presidential election, analysts warn – raising fears for Southeast Asia's top economy as gr