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In 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.
8 hours agoFrom toll roads and data centers to geothermal energy, healthcare and battery materials, INA is putting long-term capital behind Indonesia’s future. ...
8 hours 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. ...
1 day agoThe multi-finance industry is entering a phase of more limited growth this year, with Bank Mandiri projecting receivables expansion will remain relatively flat at around Rp 500 trillion in the remaining months of the year.
1 year agoAmid ongoing geopolitical turbulence and rising uncertainty in the global economy, the Association of Southeast Asian Nations (ASEAN) continues to demonstrate remarkable resilience and sustained growth.
1 year agoThe share of the state budget controlled by Jakarta is expected to climb from 72 percent in 2021 to 83 percent in 2026, leaving most programs to be designed and implemented by the central government.
1 year agoBCG sees modern warehousing, cold chain and third-party logistics as hot bets in Indonesia’s booming logistics sector.
1 year agoSingapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.
1 year agoPresident Prabowo Subianto has increased the allocation for his flagship free meals program by nearly threefold from this year’s budget, reaching Rp 335 trillion in 2026.
1 year agoIndustrial 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
1 year agoJapan 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.
1 year agoDespite having a similar tariff to other Southeast Asian countries, Indonesia has an edge of its vast consumer market potential.
1 year agoThe 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.
1 year agoAnalysts suggested that Indonesia scale up production to attract more manufacturers seeking new destinations, which could spur corporate investment and growth in the country.
1 year agoThe 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."
1 year agoThe 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.
1 year agoExcluding 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.
1 year agoThey agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.
1 year agoBank 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.
1 year agoMichelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."
1 year agoThe Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.
1 year agoEconomists 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.
1 year agoExperts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.
1 year agoDespite 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.
1 year agoChina'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.
1 year agoHigher 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.
1 year agoIndonesia 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.
1 year agoAs 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.
1 year agoCountries will focus on domestic production and encourage companies to shift overseas production back home, widely known as reshoring.
1 year agoIndonesia’s economic growth has far outstripped forecasts thanks to infrastructure projects getting pushed ahead and state-sponsored consumption incentives.
1 year agoUS 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.
1 year agoAuto 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.
1 year agoIndonesian 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.
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