A minister had defended I Gusti Ngurah Rai International Airport but an expert says the government must ensure smooth access to Bali after the airport was ranked among the worst in the world for on-time performance.

Jokowi had pledged to stop food imports and make Indonesia self-sufficient in rice and other staple foods such as sugar, corn and soybeans, since he took office in 2014.

Textile-producing hubs in Java as well as mining hubs in Kalimantan and Sulawesi suffer from weakening global demand and deluge of cheap imports. 

In addition to government efforts to maintain domestic prices, declining inflation in 2023 was partly influenced by easing global commodity prices and milder El Niño impacts.

Beijing failed to shift the economy from construction-led development to consumption-driven growth a decade ago, when it should have done so. Since then, debt has outpaced the economy, reaching levels that local governments and real estate firms now struggle to service.

When the time comes for them to return home, LPDP scholarship recipients often encounter a lack of job opportunities or are lured by more lucrative prospects overseas.

Economists have cautioned the government to address the growing FDI imbalance between food producing sectors and the manufacturing and mining sectors, particularly as harvest disruptions due to El Niño were expected to continue into 2024.

Indonesia takes over from United Arab Emirates to rank third in the 2023 State of the Global Islamic Economy (SGIE), behind Malaysia and Saudi Arabia. 

With Christmas 2023 and New Year 2024 (Nataru) around the corner, ASTRA Infra is dedicated to providing an exceptional service for users of toll roads. This commitment was underscored during the Hybrid Media Gathering and Kick-Off of ASTRA Infra Group's Nataru Initiative held at the Ciujung Banten management office on the Tangerang-Merak toll road.

While API expects the global economic slowdown to continue next year to weaken export demand for locally made textiles, Kadin's Sarman expressed optimism about investor confidence and the government's proven record in surpassing its investment targets.

The halal sector featured prominently last Friday in the live-streamed vice presidential debate on economic affairs.

The country's energy transition began with high hopes, but the course of the year has revealed some serious challenges to achieving its emissions reduction targets, including electricity generation costs and lack of funding, especially the makeup of the long fabled JETP.

World Bank said Indonesia's 5 percent growth shows resilience, despite the global environment and that this progress was a result of rebounding domestic demand.

El Nino is a phenomenon of higher sea surface temperatures (SST) in the central to eastern Pacific Ocean.

The government's commitment to developing the new capital Nusantara is an effort to shift development orientation to become Indonesia-centric and accelerate the national economic transformation.

Responding to the various challenges faced by the Indonesian economy, Coordinating Economic Minister Airlangga Hartarto remains optimistic about the resilience of the national economy, hoping that all stakeholders can continue to maximize their contributions to increase growth.

Responding to various challenges faced by the Indonesian economy, Coordinating Minister for Economic Affairs  Airlangga Hartarto continues to echo optimism in regard to the strength of the national economy.

With strong fundamentals, Indonesia’s economic performance shows optimistic potential and resilience amid various global challenges.

Indonesia holds the world’s largest nickel reserves, but it lacks lithium, a material deemed equally important to produce EV batteries.

Angola's Oil Minister Diamantino Azevedo said the Organization of the Petroleum Exporting Countries no longer served the country's interests. It joins other mid-sized producers Ecuador and Qatar that have left OPEC in the last decade.

Political uncertainty both within and outside of the country is casting a long shadow over Indonesia’s business and investment climate, employers say.

There are differences in how each presidential candidate views President Jokowi's aggressive approach to infrastructure development.

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has announced the discovery of additional gas reserves in the South Andaman Sea that it claims could be among the biggest in the world.

As a public body, the Coordinating Economic Ministry (Kemenko Perekonomian) continues to be strongly committed to transparency in public information.

The government said further borrowing was necessary to finance essential infrastructure projects and social programs.

Indonesian President Joko “Jokowi” Widodo, along with Japanese Prime Minister Fumio Kishida, led discussions on the "Agenda Partners for Co-creation of Economy and Society of the Future" on Dec. 17th, during the ASEAN-Japan Partnership Commemorative Summit at the Hotel Okura in Tokyo, Japan, celebrating the 50th anniversary of the partnership.

The Finance Ministry has introduced some regulatory changes in its property tax reduction cut law.

President Joko “Jokowi” Widodo and Japanese Prime Minister Fumio Kishida met in the latter’s office in Tokyo on Dec. 16 to discuss three priority projects pertaining to energy transition under the Asia Zero Emission Community (AZEC) framework, namely the construction of a geothermal power plant in Muara Laboh, West Sumatra, a waste-to-energy power plant (PLTSa) in Legok Nangka, West Java and a peatland management for food project in Central Kalimantan.

Newly released data from Statistics Indonesia (BPS) reveal a deep discrepancy between the haves and the have-nots in Jakarta, given that the townspeople’s spending average sits far above national per-capita expenditure.

President Joko Widodo attended a bilateral meeting with Prime Minister (PM) of Japan, Fumio Kishida at the PM’s office in Tokyo, Japan, on Saturday (16/12).