Mustaqim Adamrah and Aditya Suharmoko, Jakarta – Indonesia's economic recovery will depend heavily on how reforms in the US and Europe manage to lift them out of the worst downturn in d

Ika Krismantari, Jakarta – The Indonesian capital market has retained its position as the third most optimistic market in the Asia-Pacific region in the first quarter of this year.

Aditya Suharmoko, Jakarta – Indonesia will launch the "I Love Indonesia" logo, a move to encourage Indonesians to love and appreciate locally made goods and services, Minister of Trade

Jakarta – Stronger growth in private consumption and recovering overseas demand will lead to higher economic growth for Indonesia next year, the central bank says.

Dicky Kristanto, Jakarta – Indonesian bank loans' growth is expected to halve to around 15-16 percent in 2009 from about 30 percent last year, a deputy central bank governor said, amid

Ni Komang Erviani, Denpasar – The Bali Investment Board has recorded a 99 percent drop in investment plans on the island in the first quarter this year.

Erwida Maulia and Aditya Suharmoko, Jakarta – Constrained by the global downturn, Indonesia only managed to collect Rp 162 trillion (US$14.57 billion) in state revenue during the first

Aditya Suharmoko, Jakarta – Having been falling since the last quarter of 2008, the country's industries – mainly those aimed at the domestic market – have begun to show signs of perkin

Mustaqim Adamrah, Jakarta – While the rise in exports to the US in February compared to January bucked the trend to a slump in overall exports and was encouraging, high-ranking official

Jakarta – As the global downturn is still nowhere near recovering, Indonesia's exports – having dropped 30 percent in the first quarter – will fall even faster in the second three-month

Jakarta – The economy may have grown by 4.6 percent in the first quarter of the year from a year earlier, as the elections helped pushed up consumption, the finance minister says.

Arijit Ghosh and Aloysius Unditu – Indonesia's central bank may ease some bad-loan rules to enable lenders to boost credit as growth in Southeast Asia's biggest economy slows to an eigh

Jakarta – For the fifth month in a row, the central bank slashed its key interest rate to bolster domestic demand and stimulate economic growth slowed by a sharp drop in exports.

Aditya Suharmoko, Jakarta – Exports have continued falling, by another third in February, signaling a further drop in forecast growth, says the Central Statistics Agency (BPS).

Indonesia's export performance in February dropped by 36.86 percent in terms of value compared to the same period last year, the Central Statistics Agency reported on Wednesday.

Dion Bisara & Muhamad Al Azhari – The nation's exports continued to fall in February, off by nearly 33 percent year-on-year and 1.02 percent month-on-month to $7.08 billion, the Cen

Aditya Suharmoko, Jakarta – The central bank has cut its forecast for Indonesia's economic growth this year, as the impacts of the global economic turmoil look likely to hit the country

Alfian, Jakarta – Major parties promised to treat foreign investors equally, although their representatives did not elaborate on whether they would maintain or revise business regulatio

Aditya Suharmoko, Jakarta – Indonesia is unlikely to follow the path taken by regional peers to allow the local currency to fall against the dollar to make exports more competitive amid

Jakarta – Indonesians should prepare for the worst as the global economy looks set to slide further over the next few years, economists and alumni from the association of the National R

Jakarta – The food and beverage sector will be one of the business sectors to directly benefit from the general elections, with producers expecting the five-yearly event to generate Rp

Lindsay Murdoch, Darwin – Jose Ramos-Horta has intervened to delay a controversial $400 million deal to buy three highly polluting second-hand power stations for East Timor.

Mustaqim Adamrah and Aditya Suharmoko, Jakarta – Indonesia has proposed to world's big economies a kind of facility that will help companies extend their matured debts to cope with the

Muhammad Al Azhari – The country's chief economic minister and a top banking official are apparently at odds about the risks that private sector debt, which is due to roll over this yea

Jakarta – More than 40,000 workers in Jakarta have lost their jobs so far this year, according to the Jakarta chapter of the Indonesian Employers Association (Apindo).

Lilian Karunungan – Indonesia's rupiah erased losses on speculation the central bank intervened to support the currency. Government bonds rose.

Aditya Suharmoko, Jakarta – Indonesia has officially agreed US$5.5 billion of loans from Australia, Japan, the World Bank (WB) and the Asian Development Bank (ADB) to help fill shortfal

Teguh Prasetyo – Indonesian exporters are projecting an increasingly bleak outlook for the coming months, with January-April orders likely to drop by as much as 30 percent, particularly

Muhamad Al Azhari – Emerging-market countries such as Indonesia are struggling for increasingly scarce liquidity in global financial markets as they compete with the US Treasury's plans

Jakarta – In addition to declining exports, Indonesia's industry is under another threat of equally great significance – a continued drop in imports of key raw materials.

Aloysius Unditu and Arijit Ghosh – Indonesia's exports fell the most in more than 22 years in January and inflation slowed the following month, increasing scope for the central bank to

The rupiah has weakened again for the seventh straight week, prompting the government to search for new ways to stabilize the volatile currency.

Aditya Suharmoko, Jakarta – Legislators approved late on Tuesday a provision in the 2009 state budget that enables the government to unleash its much-needed stimulus package, and even i

Aditya Suharmoko, Jakarta – The government will continue trying to improve the investment climate, which has been reformed since 2005, to attract more investment to stimulate the countr

Jakarta – Indonesia's central bank will support the rupiah currency and may "add more ammunition" to contain the volatility, the central bank governor said on Friday, reiterating earlie

Endy M. Bayuni, Sydney – Australia wants a better investment climate and Indonesia wants assistance with its own production capacity.

Jakarta – Indonesian exporters, especially labor-intensive ones, may get some much-needed support – in the form of relief on debt payments and capital expenditure subsidies – to help th

United Nations – Oil-rich East Timor can maintain double-digit economic growth in 2009 because falling prices for commodities should reduce spending on imports, East Timor's president t

Aditya Suharmoko, Jakarta – The economy grew the slowest in two years in the fourth quarter of 2008 as the global economic slowdown slashed commodity prices and export demand.

Jakarta – Indonesia's economy grew 5.2 percent in the final quarter of 2008, the slowest annual pace since mid 2006, and is expected to cool further, raising the spectre of deeper inter

Arijit Ghosh and Michael Munoz – Indonesia's economy, Southeast Asia's biggest, probably expanded at the slowest pace in more than two years in the fourth quarter as exports slumped.

Jakarta – Indonesian civil servants will be ordered to buy locally made products for everything from clothes to movies under rules intended to boost demand amid the global economic cris

Mustaqim Adamrah, Jakarta – The government is intensifying efforts to bolster the domestic market, already boosted by the introduction of import restrictions.

Yayat Supriatna, Jakarta – Indonesia's trade minister said on Saturday export volumes for non-oil and gas are set to fall 20-30 percent this year from 2008 as global trade slows, dealin

Jakarta – Sales of new cars, vans and trucks declined in January on the slowdown in economic growth which dampened local purchasing power.

Jakarta – The Infrastructure Fund – which would provide alternative financing for development projects – may be up and running as early as March.

Jakarta – Indonesian consumer confidence rose slightly in January, helped by expectations of easing inflation in Southeast Asia's biggest economy after a series of cuts in subsidised fu

Fitri Wulandari and Yayat Supriatna, Jakarta – Indonesia's export growth is expected to slow sharply this year amid the global downturn, the trade minister warned on Tuesday, delivering

Jakarta – Soaring loan defaults in some economic sectors has raised questions over the severity of the impact of the global economic crisis on Indonesia.

Indonesia is getting pummelled by the global economic meltdown, with December exports plunging 20 per cent from a year earlier as overseas demand shrinks.