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Indonesian consumers remain broadly optimistic about future economic conditions despite dipping 0.4 points in September, BI has said in a note accompanying its latest survey.
5 hours agoChina and the European Union can avoid "escalation" in various contentious disputes, Beijing said on Saturday, as worries of a damaging trade war simmer. ...
8 hours agoDaggers have been drawn over the European Union's next seven-year budget, with Germany and France at loggerheads over whether Brussels should make deep cuts in a battle increasingly expected to overshoot the end of the year. ...
1 day agoIn the circular letter, Suahasil Nazara ordered civil servants to prioritize online meetings and to halt any procurement of new vehicles, as well as the construction or renovation of official residences and buildings.
2 days agoFrom toll roads and data centers to geothermal energy, healthcare and battery materials, INA is putting long-term capital behind Indonesia’s future.
2 days agoIndonesia needs to carefully plan where data centers can be located and avoid excessive concentration, as more than 60 percent of the country’s data centers are concentrated in just two locations, Greater Jakarta and Batam.
3 days agoIndonesia’s foreign exchange reserves have declined slightly as Bank Indonesia (BI) battles fresh bouts of rupiah volatility.
3 days agoThe global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday.
4 days agoThe President's climate and energy envoy told a sustainability forum on Monday that the country had achieved rice self-sufficiency three years earlier than planned, so no additional forests would be cleared to make way for paddies.
4 days agoIndonesia's nickel processing boom is outpacing its reserves, with experts warning of depletion within a decade and urging the government to shift from price support to policies that sustain ore longevity.
4 days agoFor Indonesia, a pause in US tightening could improve sentiment, but a sustained recovery would require confidence that inflation pressures and US interest rates are moving toward a more favorable path.
5 days agoASEAN imports more than half of the crude for its refineries from the Middle East at a time when global benchmark prices are around US$100 a barrel.
5 days agoDanantara would retain its SOE dividends and use them to invest for projects and as “leverage” to attract private capital rather than simply transferred to the state budget, the Finance Ministry noted.
6 days agoThe disruptions from tariffs and Trump's reversals of US policies favoring electric vehicles have weighed on the US auto supplier sector, which provides parts and technology and employs some 930,000 people in the United States.
1 week agoSimmering trade tensions between Beijing and Brussels have threatened to become a full-blown trade war as the 27-nation bloc scrambles to defend its industries against a flood of Chinese exports critics argue are supported by vast subsidies.
1 week agoA "handful" of Group of 20 trade ministers rejected calls by the United States to curb excess industrial capacity and "non-market" policies, the US Trade Representative's office said on Friday, exposing divisions within the group of major economies.
1 week agoPresident Prabowo’s appointment of Bahlil Lahadalia as coordinating downstreaming and energy transition minister as well as Muhammad Sarmuji as the industry minister sparks calls for regulatory reform, policy continuity and an end to fragmented policymaking.
1 week agoThe food price squeeze could persist into next year as El Nino conditions linger into early 2027, raising the risk of weaker agricultural output and further price increases.
1 week agoIndonesia has seen an uninterrupted streak of monthly trade surpluses from early 2020 until May, when a dramatic surge in oil and gas prices due to conflict in the Middle East caused a $1.6 billion deficit in Indonesia’s trade with the rest of the world.
1 week agoThe stronger PMI reading, however, contrasts with the latest Industry Confidence Index (IKI) from the Industry Ministry, which showed a slowdown in manufacturing activity expansion in September.
1 week agoThe government aims to revive the textile industry by facilitating financing from local banks for machinery upgrades, while considering tax incentives and establishing a special zone to integrate upstream and downstream production.
1 week agoThe global bank has forecast that Indonesia's GDP growth will be sustained at a pace of 5.4 percent in 2026 before slowing slightly to 5.2 percent next year.
1 week agoIndonesia’s large domestic market could justify to set up a local production, while import restrictions and quotas had further prompted some Thai businesses to consider investing locally rather than exporting directly from Thailand.
1 week agoIndonesians are not steadily abandoning small treats, nor are they rapidly increasing the share of their food budgets devoted to them, but the products competing for that pool are changing faster.
1 week agoSpending and revenue next year were approved at Rp 4.1 quadrillion and 3.4 quadrillion, respectively, representing increases of about 4 percent and 7 percent from the latest estimates for this year's budget.
1 week agoThe Agriculture Ministry has earmarked around Rp 17 trillion to develop an integrated livestock industry across Indonesia, with five initial sites targeted for completion next year as the government seeks to strengthen domestic supplies of chicken, eggs and milk.
1 week agoThe tariff reductions would apply to US exports such as agricultural goods, wood and cosmetics, as well as US imports including small appliances, toys and decorations.
2 weeks agoMany Indonesians are making do without old-age saving plans as they grapple with unstable incomes and employment.
2 weeks agoThe Confederation of All Indonesian Trade Unions (KSBSI) called for labor rules that balance business sustainability with worker protection while adapting to changes in the workforce.
2 weeks agoThe EU has confirmed that Indonesia will leave the GSP from Jan. 1, 2027, after being classified as an upper-middle-income country for three consecutive years.
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