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Indonesian and US companies on Wednesday signed trade and investment deals valued at more than US$7 billion a day ahead of Indonesian President Prabowo Subianto's meeting with US President Donald Trump to sign a final trade deal, the US-ASEAN Business Council said.
9 hours agoCritics say the order could instead be filled through the domestic automotive industry, which is struggling with weak consumer demand. ...
23 hours agoInbound visitors totalled 3,597,500, the Japan National Tourism Organization (JNTO) said, falling for the first time since January 2022. ...
1 day agoUnited States President Donald Trump's administration on Tuesday announced three projects valued at US$36 billion to be financed by Japan, including an oil export facility in Texas, an industrial diamonds plant in Georgia and a natural gas power plant in Ohio.
1 day agoThe government has issued a loosely-worded statement days ahead of the expected signing of a tariff agreement with the United States, following a weekend meeting at President Prabowo Subianto’s Hambalang estate in Bogor, West Java.
1 day agoAs an archipelagic country, Indonesia is endowed with diverse economic potential across regions, reflected in regional economic structures and export profiles.
2 days agoJapan's economy limped back to meager growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic demand.
3 days agoSellers of nian gao or kue keranjang in Glodok’s Chinatown area as well as parts of West and Central Java reporting softer sales compared to previous years.
5 days agoPresident Prabowo Subianto has emphasized the need to be realistic in a speech on the Indonesian economy, where he promoted key initiatives of his administration to drive gross domestic product growth.
5 days agoCumulative sales in high-rise condos stood at just 56 percent last year in a continuation of a decade-long downward trend, while new launches remained subdued in a lackluster market.
6 days agoEuropean Union leaders agreed on Thursday on a wide-ranging set of commitments to improve how the bloc's border-free internal market works so Europe's businesses can be competitive and survive aggressive economic rivalry from the US and China.
6 days agoAccording to "State of Global Islamic Economy Report 2024-2025", Indonesia is ranked third in the global Islamic economy, after Malaysia and Saudi Arabia.
1 week agoPresident Prabowo Subianto held meetings with Indonesian business leaders at his private Hambalang estate, during which he stated his commitment to improving the ease of doing business.
1 week agoJust under a week since he was sworn in last Thursday, the ex-Bank Indonesia deputy governor is setting his sights accelerated state spending this quarter to reach up to 5.6 percent growth from an initial 5.5 percent target.
1 week agoThe European Union has proposed unprecedented sanctions against Indonesia’s Karimun Port for handling Russian oil.
1 week agoThe retail sales index dipped slightly in January when compared with the holiday month of December but is up a strong 7 percent year-on-year.
1 week agoAlthough formal job creation has improved, job quality, reflected in income stability, benefits and productivity, remains unequal.
1 week agoState Secretary Prasetyo Hadi said on Monday that the government continued to adhere to fiscal rules and had not breached statutory deficit limits, stressing that budget management remained on a prudent footing.
1 week agoBulog’s planned warehouse in the Haj Village will also be used to store other food commodities from Indonesia, such as meat and fish, to meet the consumption needs of the haj pilgrims.
1 week agoThe poverty rate rests at a historic low of 8.25 percent of the total population, continuing its declining trend from September 2022.
1 week agoThe former deputy finance minister, who also President Prabowo Subianto's nephew, replaced Juda Agung, who resigned as BI deputy governor on Jan. 13 and was inaugurated as deputy finance minister on Thursday.
1 week agoJapanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.
1 week agoData from the Manpower Ministry in January showed a 13 percent layoff increase in 2025 compared with the preceding year.
1 week agoEconomists interpret the rating agency’s latest assessment as a serious corrective signal, noting that a downgrade in Indonesia’s credit rating could sharply raise borrowing costs and pile pressure on the rupiah.
1 week agoIn what appears to be a coordinated role swap, the President has appointed a former BI deputy governor to fill the deputy finance minister post left vacant by his nephew Tommy Djiwandono, who is set to take up his new job as BI deputy governor.
1 week agoThe government has announced a temporary waiver on value-added tax (VAT) for airline tickets for the upcoming Idul Fitri holiday period, when travel demand spikes across the country.
1 week agoIndonesian stocks and currency traded weaker in early trade on Friday after Moody's lowered the country's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.
1 week agoEconomic growth improved slightly last year but failed to meet the government’s target set out in the state budget.
1 week agoThe figures come days after the country's stock market suffered its worst crash in decades after index compiler MSCI threatened a downgrade over the transparency of the free-float stocks.
2 weeks agoThe finance minister stated that the 2025 deficit was deliberately pushed close to the 3 percent limit to ensure that the economic downturn did not spiral into a recession.
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