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View all search resultsAfter the August unrest, the government has projected higher spending next year that aims to accelerate economic growth. Doubts remain on whether it can generate enough revenue to finance the plan.
1 day agoFollowing deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion. ...
1 day agoAuthorities have yet to trace the root cause of the radioactive contamination that prompted FDA action against Indonesian shrimp last month. ...
2 days agoProperty consultants report strong demand for housing within transit-oriented development (TOD) areas, but such apartments will only find buyers if they are affordable and if public infrastructure is completed.
2 years agoIndonesian lenders remain cautious in managing their balance sheets, as external factors could significantly rattle the banking system.
2 years agoBritain joined the Comprehensive Progressive Trans-Pacific Partnership (CPTPP) at a meeting in Auckland this month just over two years after its application, clearing the way for members to consider others from China, Taiwan, Ukraine, Costa Rica, Uruguay and Ecuador.
2 years agoPresident Joko “Jokowi” Widodo’s two-day visit to China has resulted in billions of dollars in investment pledges, the government has said, with the single biggest commitment a US$11.5 billion project to develop the domestic glass industry.
2 years agoThey will set targets for the level of dependence for minerals whose export is dominated by particular countries, especially China, and increase imports from other countries to eventually meet their goals.
2 years agoAuthorities and experts assure that the Indonesian rice reserve will last until the end of the year despite potential global inflation resulting from India’s export bans and El Niño, the latter of which will affect next year’s stock.
2 years agoWhile the JETP scheme could help jump-start growth in Indonesia’s geothermal power, but experts say the industry is still mired in high development costs, price uncertainty and unfavorable regulations.
2 years agoAt US$527 million, renewable energy investment in Indonesia in the first half of 2023 was not even one third of the full-year target.
2 years agoChina's state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen financing support for private projects.
2 years agoCuba's economic growth is less than 2 percent this year and remains 8 percentage points below pre-pandemic levels, while production in sectors such as agriculture, mining and manufacturing was further behind, Economy Minister Alejandro Gil said on Saturday.
2 years agoIndonesia can secure its position as a major global player by harnessing the technology revolution to sustain its economic transformation.
2 years agoThe Investment Coordinating Board (BKPM) has announced that two quarters into the year, the country is nearly halfway to its 2023 realized investment target and has noted that activity usually rises later in the year.
2 years agoThe government’s ban on the export of certain raw minerals has fueled demand for domestic shipping between mines and processing facilities, creating new opportunities for local companies, industry players say.
2 years agoIndonesia’s oil and gas investment in the first half of the year amounted to US$5.7 billion, just 36.67 percent of this year’s $15.54 billion target, according to the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
2 years agoChina on Wednesday pledged to make the private economy "bigger, better and stronger" with a series of policy measures designed to help private business and bolster the flagging post-pandemic recovery.
2 years agoVillages, Disadvantaged Regions and Transmigration Minister A Halim Iskandar has showcased Indonesia’s localization of sustainable development goals (SDGs) at the village level at the United Nations headquarters in New York.
2 years agoAmid various crises, such as the residual effects of the COVID-19, the decline in the global economy, as well as the continuation of the Russian invasion of Ukraine, sustainable development goals (SDGs) have taken a back seat in many countries.
2 years agoThe Indonesia Retail and Tenant Association (Hippindo) has urged the government to tackle the illegal import of goods by entrustment services, because it is detrimental to domestic retailers.
2 years agoExports and imports both nosedived last month in a reflection of a slowing global economy, but Indonesia maintained its trade surplus for a 38th month in a row.
2 years agoFrom airlines like IndiGo and Thai Airways to hospitality chains offering thousands of rooms, companies are tapping into India's burgeoning middle-class and growing spending power, executives and analysts said.
2 years agoMost Indonesian workers are employed in the informal sector, and their number is growing, due primarily to labor informalization, experts warn.
2 years agoAs the COVID-19 pandemic subsides, Indonesia has seen stronger participation and cooperation between stakeholders, including state actors, NGOs, the private sector and various other parties, as they become united in their efforts toward recovery.
2 years agoA flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that Beijing needs to unveil more stimulus measures soon to shore up activity and shaky consumer confidence.
2 years agoJakartans have long been predicting the demise of many of the city’s aging shopping malls, but a select few are working to defy their bleak prognoses and take out a new lease on life, despite today’s harsh brick-and-mortar retail realities.
2 years agoThe United States inflation rate has fallen to its lowest level in more than two years, meaning emerging market economies like Indonesia’s may see greater inflows amid more favorable exchange rates.
2 years agoIndonesia, as a developing country, has started to gain more recognition around the world. The country is always interested in building international ties to ensure peace and prosperity for all. Indonesia has long agreed to pay special attention to African countries, underdeveloped countries and landlocked developing countries.
2 years agoCurrently, Indonesia’s efforts of localizing the Sustainable Development Goals (SDGs), at the national, provincial, district/city and village levels are being showcased at the United Nations Headquarters in New York, the United States, during the High-Level Political Forum on Sustainable 2023 event taking place from July 10-20, 2023.
2 years agoA variety of factors are behind the decline in the rubber industry in Indonesia, which might be left playing catch-up as the global demand for the commodity drives downstream expansion.
2 years agoThe government has unveiled a plan to import 50,000 cattle and 300,000 tonnes of soy from South Africa to expand bilateral trade in the agricultural sector.
2 years agoThe tourism minister expressed confidence that Indonesia would meet this year’s target of 8.5 foreign arrivals after reaching 50 percent of that figure as of May.
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