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President Prabowo Subianto previously announced a plan to build 100 GW of solar power in the coming years, saying it could save the state up to Rp 73.9 trillion (US$4.14 billion) annually in electricity production.
10 hours agoSouth Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation. ...
15 hours agoThe Nusantara Capital City (IKN) Authority will direct most of its 2027 budget toward completing legislative and judicial complexes, as private investment also expands across the future capital. ...
1 day agoUS President Donald Trump paused the planned rollout of new tariffs on Canadian goods late Tuesday, after negotiations between both countries that went down to the wire.
1 day agoUS, Japanese, German and French borrowing costs are at their highest levels in years or decades as debt levels in developed countries look increasingly unsustainable.
1 day agoFrom displacement to success, Maluku-born Richard Waery details how education and a scholarship opportunity opened numerous doors for him. His is a story of resilience and proof that one opportunity can change the course of a lifetime.
2 days agoGovernment programs, like the free nutritious meal initiative and Red and White Cooperatives, have helped drive commercial vehicle demand, but the boost may prove difficult to sustain.
2 days agoEconomists say the government’s macroeconomic assumptions for next year cast doubt on a 2027 budget plan that comes with relatively cautious goals for state revenue and expenditure.
3 days agoThe Japanese economy eked out modest growth in the second quarter despite the impact of the Iran war, official data showed Monday, but the reading fell short of market expectations.
3 days agoPresident Prabowo Subianto has proposed a low fiscal deficit for the 2027 state budget bill though more efficient spending and higher revenue, even while holding onto an ambitious economic growth target.
6 days agoFor the first time, Statistics Indonesia (BPS) released a housing statistics figure, which compiles data from the National Socioeconomic Survey (Susenas) and administrative data from ministries, government agencies and local administrations.
6 days agoPresident Prabowo Subianto plans to eliminate more than 750 state-owned enterprises and open legal
6 days agoIndonesia’s textile exports are expected to grow by up to 4 percent in 2027, but weak supply-chain integration and outdated machinery are keeping the the industry from reaching its full potential.
6 days agoThe government is providing eased credit access to back local electric two-wheelers and push for the use of nickel-based batteries in an industry increasingly dominated by lithium alternatives.
1 week agoIn little more than a decade, Indonesia has grown into Southeast Asia's largest economy, with its factories and resource base feeding supply chains that stretch to every major market.
1 week agoEconomists stress that creating a credible plan is more important than painting a bold aspiration, as the government continues to propose ambitious economic growth targets, while seeking to uphold fiscal prudence.
1 week agoIran remains under sweeping US and international sanctions, and it has yet to reach a peace deal to end the current conflict with the US and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.
1 week agoBank Indonesia’s retail sales index also dropped sharply in June, but the central bank sees improvements next month.
1 week agoMore than 500 running events are taking place in Indonesia and more than 200 cities in 2026, roughly five times the number recorded in 2022.
1 week agoIndonesia holds the world's sixth-largest gold reserves, estimated at around 2,600 tonnes.
1 week agoIndonesia also sought a preferential trade agreement (PTA) with South America’s Mercosur bloc as negotiations for a broader Indonesia-Mercosur Comprehensive Economic Partnership Agreement (IEU-CEPA) made little progress.
1 week agoContinued layoffs and a shift of work to the informal sector raises questions about the quality of jobs being created as official data shows that the unemployment rate edged down in May.
1 week agoAnonymous sources said last week Prabowo had his eyes on Destry to win the race and her nomination would be made formal, according to reports from Bloomberg and Reuters.
1 week agoThe White House needs critical minerals to replenish weapons stockpiles depleted during the Iran conflict and reduce US dependence on Chinese supply chains.
1 week agoEconomists say the country's poverty line no longer reflects actual living costs and are urging the government to revise it as soon as possible.
1 week agoAs Indonesia enters a new chapter in biodiversity financing, experts caution against repeating the errors of the carbon market.
1 week agoThe World Bank announced on Thursday that it was providing US$750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses.
1 week agoRising spending among the wealthy while middle-class consumption loses steam suggests overall purchasing power is failing to keep pace with GDP growth.
2 weeks agoThe World Bank Group (WBG) has appointed Indonesia’s former finance minister Sri Mulyani Indrawati as a co-chair tasked with addressing extreme poverty in low-income countries.
2 weeks agoApindo noted that every unresolved business obstacle weakens the multiplier effect needed to attract investment, expand production and create employment.
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