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During a meeting with the House of Representatives on Feb. 10, Public Housing and Settlements Minister Maruarar Sirait revealed that the Meikarta land has been granted for free by Lippo Group to the government.
8 hours agoThe court's ruling invalidated a number of tariffs that the Trump administration had imposed on Asian export powerhouses from China and South Korea to Japan and Taiwan, the world's largest chip maker and a key player in tech supply chains. ...
1 day agoTrump's talks with Chinese President Xi Jinping on an extended visit to Beijing had been expected to revolve around extending a trade truce that kept both countries from further hiking tariffs. ...
1 day 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.
2 weeks 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.
2 weeks 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.
2 weeks 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.
2 weeks 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.
2 weeks agoEconomic growth improved slightly last year but failed to meet the government’s target set out in the state budget.
2 weeks 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.
2 weeks agoStatistics Indonesia (BPS) reported that annual inflation reached 3.55 percent year-on-year (yoy) in January, citing a low base effect after the figure fell below its normal trend in January last year because of electricity tariff discounts.
2 weeks agoSuccessfully reforming the WTO is a matter of life and death for the organization, warns the facilitator of talks on revamping the global trade body.
2 weeks agoThe imports, tracked by Kpler and Vortexa, came as the prospect of declining demand from India, one of the main buyers of Russian crude, has depressed prices of the western-sanctioned oil, sales of which are vital in helping fund the war in Ukraine.
2 weeks agoThe government has logged another annual increase in layoffs, continuing a four-year trend that points toward a growing informal sector.
2 weeks agoCoordinating Economy Minister Airlangga Hartarto says all negotiation points on a tariff deal with the United States have been agreed between the two sides, and all that is left is signing by the respective presidents, pending scheduling.
2 weeks agoStrong household consumption, fiscal acceleration and transmission from government capital spending to investment may be sufficient to grow economic growth faster in Q4 2025.
2 weeks agoThe Association of Indonesian Automotive Manufacturers (Gaikindo) recorded exports of 518,000 completely built-up (CBU) vehicles in 2025, marking an “all-time high”.
2 weeks agoDespite strong international commitments and ambitious national targets, Indonesia’s energy transition remains a work in progress. The challenge lies not in vision, but in translating ambition into coherent institutional leadership and equitable financing mechanisms as the country gradually shifts away from its fossil fuel–dominated energy mix.
2 weeks agoTrump said he was cutting levies on Indian goods to 18 percent. He had previously imposed 25 percent "reciprocal" tariffs on many products, plus an additional 25 percent for New Delhi's purchases of Moscow's oil.
2 weeks agoInvestors have been avoiding Indonesia and worry Prabowo's spending and cozy governance are slowly undoing hard-won progress made since the Asian Financial Crisis, when the rupiah collapsed and Prabowo's former father-in-law, Soeharto, was forced from office.
2 weeks agoIndonesia posted a 68th consecutive monthly trade surplus in December, thanks to rising exports and despite a global shift toward economic and strategic protectionism.
2 weeks agoIndonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December.
2 weeks agoUnlicensed gold mining operations are fueled by a financial network of colossal scale, with suspected funds circulating within the business field estimated at Rp 992 trillion (US$59.09 billion), according to the Financial Transaction Reports and Analysis Center (PPATK).
2 weeks agoThe centerpiece of a free meals program covering 83 million children and expectant mothers, the plan calls for imports of a million dairy cows over five years to boost numbers from 220,000 now.
2 weeks agoBrightening prospects for global demand have helped factory activity expand across Asia. Taiwan's PMI rose to 51.7 in January from 50.9 in December, while that of Indonesia rose to 52.6 from 51.2.
2 weeks agoThe government has announced plans to spend Rp 13 trillion (US$773 million) on stimulus measures aimed at boosting travel and consumption during the upcoming festive period.
3 weeks agoThe US government entered what is expected to be a brief shutdown on Saturday after Congress failed to approve a deal to keep a wide swath of operations funded ahead of a midnight deadline.
3 weeks agoTransportation and logistics are among the sectors hit hardest by severe congestion and delays that overwhelm the city every year anew.
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