Industrial output grew 5.7 percent year-on-year in July, National Bureau of Statistics (NBS) data showed on Friday, the lowest reading since November 2024, and compared with a 6.8 percent rise in June

Japan eked out modest growth in the second quarter despite painful United States tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

Despite having a similar tariff to other Southeast Asian countries, Indonesia has an edge of its vast consumer market potential.

The government plans to make the Red and White Village Cooperatives (KDMP) the main option for people to buy medication by selling some at lower prices than those offered by modern retailers.

Analysts suggested that Indonesia scale up production to attract more manufacturers seeking new destinations, which could spur corporate investment and growth in the country.  

The White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an extraordinary threat to the national security and economy." 

The government has tasked Danantara with financing a range of projects, from overhauling underperforming fish farms along Java’s northern coast to reviving long-stalled waste-to-energy (WtE) projects.

Excluding the March data, when consumption typically spikes during Idul Fitri, boosting retail sales, annual retail sales index growth has remained weak since October of last year.

They agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.

Bank Indonesia's monthly CCI improved slightly in July to indicate a more positive outlook among consumers, indicating that household spending could drive growth in the second half, though at least one economist has advised keeping an eye on the jobs figure and savings ratio for the medium term.

Michelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."

The Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.

Economists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.

Experts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.

Despite earlier hopes that the 19 percent US tariff deal would tip the scales in Indonesia’s favor, it was later revealed that regional peers such as Malaysia, Thailand, the Philippines and Cambodia also received the same rate.

China's exports to the US fell 21.67 percent last month from a year earlier, the data showed, while shipments to ASEAN rose 16.59 percent over the same period.

Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape global trade.

Indonesia seeks to import lithium from Australia to fill a key gap in its electric vehicle (EV) battery supply chain, as part of its broader push to become a global EV manufacturing hub.

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

Countries will focus on domestic production and encourage companies to shift overseas production back home, widely known as reshoring.

Indonesia’s economic growth has far outstripped forecasts thanks to infrastructure projects getting pushed ahead and state-sponsored consumption incentives.

US import tariffs vary for goods shipped in from different Southeast Asian countries, with the 19 percent duty faced by Indonesian exporters falling between the extremes.

Auto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.

Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.

India will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter.

CPO emerged as the standout performer, with exports reaching $11.4 billion in the first half, a 24.8 percent increase from the same period last year.

The government previously stated that until the deal is formalized, Indonesian exports would remain subject to a 10 percent baseline tariff.

The CPI grew 2.37 percent on an annual basis last month, primarily due to volatile foods component, which rose by a steep 3.82 percent, along with a monthly uptick of 0.82 percent in education costs to coincide with the start of the 2025-2026 school year.

Indonesia’s manufacturing activity has improved but remains in negative territory due to weak output and demand, while producers’ confidence is at a low due to US tariff jitters.

Launched by the IBC on July 24, the Indonesian Carbon Market Academy (ICMA) aims to equip players in the local carbon market with the capacity they need to be globally competitive and contribute to the country's 2050 net-zero goal.