Grace Sihombing and Faris Mokhtar – Indonesia's President-elect Prabowo Subianto is setting his sights on becoming the world's fastest-growing economy early in his term, with more aggre
Economy & Investment
Displaying 351 - 400 of 3519 Documents
May 15, 2024
Deni Ghifari, Jakarta – Preliminary data from Bank Indonesia (BI) point to just a slight rise in retail sales last month even as consumer confidence jumped by a respectable margin.
May 14, 2024
Jakarta – Once again, our economic momentum has been saved by private consumption, as the country's latest GDP report shows.
Hariz Baharudin, Jakarta – More Singapore companies are seeking help to enter and grow their business in Indonesia, attracted by the large market size and up-and-coming sectors in South
May 8, 2024
Vinnilya, Jakarta – Despite Indonesia's robust economic growth, Chief Economist at Mirae Asset Sekuritas, Rully Arya Wisnubroto, cautioned the government about the declining trend in co
Faris Mokhtar – In mid-April, executives from foreign business chambers descended upon the home of an Indonesian minister to call for the removal of a new imports rule, a sign of the pr
May 7, 2024
Jakarta – The recent visits of the CEOs of Apple and Microsoft to Indonesia are highly encouraging for the country's business climate and have strengthened its reputation as a thriving
Deni Ghifari, Jakarta – Buoyed by elevated domestic consumption during the Islamic festive season and the presidential election, Indonesia's economy again exceeded market expectations a
Annisa Febiola, Riri Rahayu, Majalah Tempo, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan disclosed the latest updates on
May 6, 2024
Arnoldus Kristianus, Jakarta – Based on the latest data from the Central Statistics Agency (BPS) via the National Labor Force Survey (Sakernas), Indonesia's unemployment number decrease
May 3, 2024
Anisa Fauziah, Jakarta – Despite major implications from the continued strengthening of the US dollar, Finance Minister Sri Mulyani Indrawati said on Friday that the Indonesian economy
Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) has reported that inflation in April remained well within the central bank's target range, indicating the success of consistent mone
May 2, 2024
Jakarta – Coordinating Minister for Economic Affairs, Airlangga Hartarto, promotes Indonesia's Special Economic Zones to British investors, assuring them of certainty in doing business
Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) recorded a monthly inflation rate of 0.25 percent in April 2024, driven by rising transportation costs as millions of
Jakarta – The International Monetary Fund (IMF) has given some comments on Indonesia's economy as the country is undergoing a government transition from President Joko Widodo to Preside
April 30, 2024
Ahmad Syamsudin, Dili, Timor-Leste – Jose do Santos was once a construction foreman in Dili who oversaw the rise of buildings symbolizing Timor-Leste's progress after its triumphant vot
Jakarta – Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia – the single largest investment in Microsoft's
April 29, 2024
Jayanty Nada Shofa, Jakarta – Indonesia has recorded foreign direct investments (FDI) worth Rp 204.4 trillion, approximately $12.5 billion, in the first quarter of 2024, the government
April 26, 2024
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati predicts Indonesia's economic growth in the first quarter of 2024 will reach 5.17 percent, driven by strong househo
April 25, 2024
Jakarta – The Job Creation Law is expected to create a more inclusive economy for Indonesia, according to the task force that is in charge of promoting the policy.
April 19, 2024
Annisa Febiola, Jakarta – Indonesian Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, revealed tech giant Apple's plans for a substantial investment i
April 18, 2024
Arnoldus Kristianus, Jakarta – Indonesia will need a total investment of at least Rp 7,130 trillion ($440.8 billion) to attain economic growth of up to 5.6 percent next year, a governme
April 16, 2024
Trissia Wijaya – Indonesia's president-elect, Prabowo Subianto, committed to deepening relations with China in a meeting with President Xi Jinping on Monday, 1 April.
Deni Ghifari, Jakarta – Further escalation in the Middle East conflict could pose multi-layered economic risks to Indonesia, ranging from further capital outflows to weaker gross domest
April 15, 2024
Yudono Yanuar, Jakarta – Indonesia has secured the third spot among the top 20 most competitive countries in Asia to attract investors, based on research conducted by the financial and
Jayanty Nada Shofa, Jakarta – The Indonesian economy will likely slow down if the Middle East conflict worsens following Iran's retaliatory strike on Israel, according to experts.
April 14, 2024
Muhammad Ghafur Fadillah, Jakarta – Astra International (ASII), a leading business conglomerate, intends to propose a dividend payout amounting to Rp 21 trillion ($1.3 billion), represe
April 8, 2024
Jayanty Nada Shofa, Jakarta – Indonesia's economy is expected to continue to grow by over 5 percent in 2024 and 2025, according to a report by ASEAN+3 Macroeconomic Research Office (AMR
April 2, 2024
Yohana Belinda, Jakarta – Inflation rose to 3.05 percent year-on-year (yoy) in March, following continued increases in key food prices across the country amid the Ramadan festive period
April 1, 2024
Linda Yulisman, Jakarta – Years of work at a factory enabled Ms Sari Sartika Dewi to enrol to study law at a private university in Karawang, West Java, in 2018.
Arnoldus Kristianus, Jakarta – The Central Statistics Agency (BPS) revealed that the monthly inflation rate reached 0.52 percent in March.
March 28, 2024
Antara, Jakarta – Indonesia remains attractive for foreign investors to invest in government projects amid the government's leadership transition, Antara news agency cited a Gran
March 20, 2024
Jayanty Nada Shofa, Jakarta – Indonesia is now closer to booking another deal with China related to a photovoltaic (PV) glass project in North Kalimantan.
Jakarta – Micro, small and medium enterprises (MSMEs) play a bigger role in the overall economy in Indonesia than they do in any other ASEAN country, according to the International Mone
March 19, 2024
Arif Perkasa, Jakarta – Indonesia ranks 109th out of 181 countries in DHL's latest global connectivity report.
Jayanty Nada Shofa, Jakarta – Indonesia wants to keep foreign investors to be its top source of investments again this year.
March 14, 2024
Jakarta – In a bid to bolster innovation-driven economic growth in Indonesia, Surakarta Mayor Gibran Rakabuming Raka has expressed his interest in adopting the United Kingdom's downstre
Arnoldus Kristianus, Jakarta – The Institute for Development of Economics and Finance (Indef) predicts that economic growth in 2024 will only reach 4.8 percent, falling below the govern
March 10, 2024
Resty Woro Yuniar – Presumptive president-elect Prabowo Subianto's plan to accelerate Indonesia's economic growth to 8 per cent in the next five years is "delusional", economists have s
March 7, 2024
Arnoldus Kristianus, Jakarta – Indonesia is setting its sights on an annual economic growth rate of at least 6 percent to elevate itself to the status of a high-income nation, a senior
March 6, 2024
Antara, Jakarta – Presidential candidate Prabowo Subianto said that Indonesia, as a member of the G20, a gathering of many of the world's largest economies, must not let its people live
March 5, 2024
Arnoldus Kristianus, Jakarta.
Arnoldus Kristianus, Jakarta – Bank Indonesia Governor Perry Warjiyo expressed confidence on Tuesday that the economy would grow by over 5 percent this year, assuming the presidential e
March 1, 2024
Jayanty Nada Shofa, Jakarta – French automobile brand Citroen is planning to start assembling its electric cars in Indonesia this July, a senior government official said on Friday.
Manggi Habir – The next president of Indonesia will have his work cut out for him on the economic and competitiveness front, even if he continues with many of the existing policies his
Alfi Dinilhaq, Jakarta – The Central Statistics Agency (BPS) reported a 0.37 percent monthly inflation in February.
February 28, 2024
Jayanty Nada Shofa, Jakarta – Unlike Germany and the US, it is very unlikely for Indonesia to slip into a recession, President Joko "Jokowi" Widodo said on Wednesday.
Whisnu Bagus Prasetyo, Jakarta – Economists are urging the government to pay more attention to the middle class, not just the poor, to prevent social unrest.
Muawwan Daelami, Jakarta – Electric vehicle manufacturer VKTR Teknologi Mobilitas (VKTR) officially started the construction of Indonesia's first completely knock-down (CKD) electric co
February 22, 2024
Jayanty Nada Shofa, Jakarta – Chief Investment Minister Luhut Binsar Pandjaitan is confident that Indonesia will not miss its investment target this year although some of the major inve