A Korean consortium led by LG has decided to withdraw from a project worth around 11 trillion won ($7.7 billion) to establish an EV battery supply chain in Indonesia, industry sources s

Ruth Dea Juwita, Jakarta – Indonesian consumers have continued to grow more anxious as job prospects dim and rising living costs strain household budgets, dragging confidence to its low

Kadek Swarniati, Jakarta – Indonesia's current account deficit pressures the middle class, forcing them to use their savings.

Jakarta – Finance Minister Sri Mulyani Indrawati has pledged to pursue deregulation, or the simplification of existing rules, in the fiscal sector to shield Indonesia from "global econo

Kiki Siregar, Liquica, Timor-Leste/Morowali, Indonesia: Most people would not be thrilled to be surrounded by a sea of trash daily, but Dion Gonsalves feels blessed to have the opportun

Salsabilla Azzahra Octavia, Jakarta – The rupiah exchange rate surpassed Rp17,000 per US dollar after Eid Al-Fitr 2025.

Kuala Lumpur – Planned United States tariffs could reduce Indonesia's potential growth by 0.3 to 0.5 percentage points, but a 90-day pause in implementing the levies allows time to disc

Ni Made Tasyarani, Jakarta – Indonesia's consumer price index (CPI) in March had risen to its highest reading since December last year after the government ended the electricity discoun

Jayanty Nada Shofa, Jakarta – Indonesia recorded a 1.65 percent month-to-month inflation in March amid price hikes in electricity bills and food commodities.

Defara Dhanya, Jakarta – Microsoft is reported to postpone or slow down the development project of data centers in several regions, including Indonesia.

Ilona Estherina, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto warned that the risk of a global recession is rising following the imposition of U.S.

Erin Hale – Indonesia's rupiah is trading at record lows against the US dollar, stirring memories of the 1997-98 Asian financial crisis.

Beritasatu Team, Jakarta – The number of travelers returning to their hometowns (mudik) for this year's Eid is expected to drop significantly, breaking a decade-long trend of increasing

Wahyudi Soeriaatmadja, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati, long regarded as one of Asia's finest finance ministers, is facing mounting pressure after a recent s

Ilona Estherina, Jakarta – The Center of Reform on Economics (CORE) has revealed several indications of subdued household consumption ahead of Eid 2025.

Maria Monica Wihardja and Chatib Basri – We must get Indonesia's middle-class narrative right to devise appropriate policy responses.

Stefanno Sulaiman, Jakarta – Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia's biggest eco

Rehan Oktra Halim, Jakarta – A decline in consumer spending is evident in the deflation recorded at the start of 2025.

Batang, Central Java – Even as protesters took to the streets on Thursday to reject the revised Law on the Indonesian Military (TNI), President Prabowo Subianto said his administration

Aditya Hadi, Jakarta – Consumer goods and pharmaceutical firms including Mayora and Kimia Farma have been struggling to maintain profitability despite steady sales growth, partly becaus

Philip J. Heijmans and Chandra Asmara – For months, President Prabowo Subianto's moves to chip away at Indonesia's long-established economic guardrails have stoked anxiety in markets.

Jayanty Nada Shofa, Jakarta – Chief Legal Affairs Minister Yusril Ihza Mahendra said Thursday that the Navayo International dispute should be a wake-up call for the Indonesian governmen

Sultan Abdurrahman, Jakarta – The Composite Stock Price Index (IHSG) plunged by 6.12 percent at the close of the first trading session on Tuesday, March 18, 2025.

Beritasatu Team, Jakarta – Ramadan and Eid have traditionally served as strategic periods for boosting Indonesia's national economy, as consumer spending typically surges.

Sultan Abdurrahman, Jakarta – Stock trading on the Indonesia Stock Exchange on Tuesday, March 18, 2025 experienced a temporary suspension or trading halt due to a drastic point decline.

Wahyudi Soeriaatmadja, Jakarta – Indonesian President Prabowo Subianto's slew of populist programmes that require massive funding, declining tax revenues and questions over new sovereig

Indah Handayani, Rama Sukarta, Jakarta – Indonesia's benchmark stock index, the Jakarta Composite Index (JCI), falls 6.12 percent, shedding 395.8 points to close at 6,076.08 in the firs

Yolanda Agne, Jakarta – On March 14, 2025, the Indonesian Chamber of Commerce and Industry (Kadin) announced its official management team for the 2024-2029 term, revealing that Hashim D

Jakarta – The Institute for Economic and Social Research at the University of Indonesia Faculty of Economics and Business (LPEM FEB UI) released its Economic Experts Survey on Monday Ma

Ervana Trikarinaputri, Jakarta – The Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI) surveyed economists to assess t

Ervana Trikarinaputri, Jakarta – The Institute for Economic and Social Research of the Faculty of Economics and Business, University of Indonesia (LPEM FEB UI) has released a survey rep

President Prabowo Subianto's goal of establishing between 70,000 and 80,000 new cooperatives using loans from state-run lenders is problematic and could pose a serious financial risk.

Vedro Imanuel Girsang, Jakarta – Economist Awalil Rizky from Bright Institute assessed that the Finance Ministry is refusing to acknowledge the weakening dynamics of the national econom

Jakarta – The government has established a special team to identify and evaluate regulations that hinder investment growth, a senior official announced on Wednesday.

Jayanty Nada Shofa, Jakarta – A survey by the central bank shows that Indonesians are losing confidence in the country's overall economic conditions.

Hendrik Khoirul Muhid, Jakarta – Indonesian President Prabowo Subianto has drawn attention for inviting a number of domestic tycoons to the State Palace in Jakarta on Thursday, March 6,

Jakarta – Indonesia is rightfully concerned about the domestic textile industry.

Jakarta – Indonesia approved local certificates for more than a dozen Apple products on Friday, the Industry Ministry said, moving the tech giant a step closer to having a ban lifted on

Jauhari Mahardhika, Jakarta – SEG Solar is set to begin photovoltaic (PV) panel production at its new facility in the Batang Integrated Industrial Zone (KITB), Central Java, this April,

Keun Lee and Marco Kamiya Seoul/Jakarta – Industrial policy has come back into vogue in recent years.

Arnoldus Kristianus, Jakarta – The Indonesian government will distribute Rp 50 trillion ($3 billion) in holiday bonuses, known as THR, to civil servants ahead of Eid al-Fitr.

Jayanty Nada Shofa, Jakarta – The government's massive cuts to the beef import quota for private enterprises has sparked layoff concerns in the Indonesian meat industry.

Arnoldus Kristianus, Erfan Maruf, Jakarta – Indonesia's economy is grappling with weakening consumer demand, as two consecutive months of deflation point to declining purchasing power a

Jayanty Nada Shofa, Jakarta – Indonesia posted a 0.48 percent month-to-month deflation in February which the Central Statistics Agency or BPS attributed to the electricity bill discount

Han Revanda, Jakarta – Chairperson of the National Economic Council (DEN) Luhut Binsar Pandjaitan announced a promising prediction that 100,000 jobs are expected to be created in the te

Aditya Hadi, Jakarta – Despite little chance of lowering benchmark interest rates amid a strengthening United States dollar and highs cost of bond issuance, the Indonesian government is

Antara, Jakarta – A number of Chinese investors are eyeing to relocate their factories to the Kendal Special Economic Zone (SEZ) in Central Java, according to Deputy Industry Minister F

Jakarta – The protracted bankruptcy proceedings of Sri Rejeki Isman, or Sritex, a company with 50,000 employees, are the result of government interference.

Jakarta – The government has agreed to terms with Apple to lift a ban on sales of the iPhone 16 model, a government source familiar with the matter told AFP on Tuesday, ending mo

Jayanty Nada Shofa, Jakarta – Indonesia is on track to crack into the top 4 of the world's largest economies in 2050, according to President Prabowo Subianto as he slammed the "Indonesi