Indonesia's efforts to become one of the world's largest economies are increasingly paying off. This is demonstrated by the rise of Indonesia's competitiveness ranking by seven places in 2024, the highest in the past six years.

The employers' association has flagged the rupiah, which reached an all-time low in two years on Friday, cautioning that its weakening rate would adversely impact businesses across a variety of operational aspects.

Indonesia is seeing a surge in impact investing thanks to growing awareness of ESG issues, with investors deliberately seeking to effect positive change alongside financial returns.

The majority of the investors looking into the KIPP are local businesses and members of the Real Estate Indonesia (REI) association. 

Malaysia and China are expected to sign several deals, including renewing a five-year trade and economic cooperation agreement.

Premier Li Qiang toured a Chinese-controlled lithium refiner in Perth on Tuesday, a sign of his country's vast appetite for Australian "critical minerals" required for clean energy technologies.

China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up growth.

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia.

President-elect Prabowo Subianto has no plans to boost the country's public debt to 50 percent of gross domestic product (GDP), a senior aide said on Saturday, denying a report that had hit the rupiah and bond markets.

Indonesia faces the risk of becoming a net natural gas importer despite its rich gas reserves and position as a net LNG exporter and one of the top exporters in the world.

The planned transportation system would allow trucks to board a train to connect the port and industrial areas in South Sulawesi.

To enhance the efficiency and effectiveness of the release of imported goods by rush handling and overcome several hurdles in previous rules, the government has harmonized the regulations as part of a commitment to providing legal certainty.

The Finance Ministry secretary-general has proposed a Rp 33.18 trillion budget ceiling for 2025, including Rp 3.9 trillion for the LPDP.

PLN's hydropower in South Sulawesi lost about 75 percent of its electricity generation capacity last year due to the extended dry season.

New Zealand Prime Minister Christopher Luxon is seeking to balance rights and security concerns with the lucrative trade opportunities offered by Beijing, the country's largest export partner. 

The Land Bank Authority hopes investors will take an interest in the eco-city project, which is set to become commercial hub supporting the new capital city project.

The Bandung urban railway would connect Indonesia’s first high-speed rail link Whoosh with metropolitan economic hubs in the West Java capital.

On June 11, the second day of his working visit, Coordinating Minister for Economic Affairs Airlangga Hartarto attended a special meeting with Dmitry Medvedev, Deputy Chairman of the Security Council of Russia and Chairman of the United Russia party, who also served as Russia’s president (2008-2012) and prime minister (2012-2020).

During his working visit to Russia from June 10 to 12, in addition to being presented with an international cooperation award from the Russian government, Coordinating Minister for Economic Affairs Airlangga Hartarto held a series of special meetings on Tuesday with Dmitry Medvedev, a former president and former prime minister of Russia, as well as First Deputy Prime Minister Denis Manturov and Economic Development Minister Maxim Reshetnikov.

In line with the government’s various efforts to enhance economic cooperation with several countries and to promote its exports to maintain the trade surplus, Coordinating Minister for Economic Affairs Airlangga Hartarto held various bilateral meetings in Moscow during a working visit from June 10-12.

In the first four months of this year, used car financing was the fastest-growing segment in auto loans, ahead of financing for new motorcycles, new cars and commercial vehicles.

Malaysia's palm oil stocks rose 0.5 percent from the previous month to 1.75 million metric tons, the highest since February, the Malaysian Palm Oil Board (MPOB) said.

The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.

As an international bank with broad and deep global networks, HSBC always strives to provide innovative solutions to any challenge that may be hindering companies and their customers progress toward achieving business success in this fast-paced, technology-driven world.

The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic data. 

A lack of opportunities for Generation Z Indonesians, or those born in the late 90s and first decade of this century, may result in income loss and higher crime rates, experts warn.

The Indo-Pacific Economic Framework for Prosperity has been seen as a forum to counterbalance the Regional Comprehensive Economic Partnership and the most significant US economic engagement in Asia and the Pacific region after its withdrawal from the Trans-Pacific Partnership.

After the 2024 IPEF Ministerial Meeting and IPEF Clean Economy Investor Forum concluded on Thursday, Coordinating Economic Minister Airlangga Hartarto swiftly utilized the momentum to conduct a series of meetings to promote economic cooperation.

Indonesia’s potential to become a major player among the world’s biggest economies has become apparent in recent years, with the government also implementing various incentives to encourage foreign direct investment for economic growth and prosperity.

China's exports grew more quickly and for a second month in May, suggesting factory owners are managing to find buyers overseas and providing some relief to the economy as it battles to mount a durable recovery.