While revenue has weakened, investment in the upstream sector posted strong growth.

Indonesia, despite being ASEAN's largest economy, faces a complex web of obstacles hindering its financial deepening and leaving its capital markets shallow when compared to those of regional peers.

Apple and General Electric were also mentioned in the presentation as US firms that will benefit from relaxed local content requirements.

Experts highlighted a disconnect between the government’s push for cooperatives and the public’s understanding on the ground.

In their first communique since last October, a month before US President Donald Trump's election victory paved the way for his subsequent tariff war, the ministers and central bankers highlighted the uncertainty in the global economy caused by conflict, trade tensions and frequent extreme weather events.

Industry players have stated that people are moving away from traditional gyms in search of professional coaching, structured programming and a sense of community.

Indonesia has asked the United States to exempt its exports of cocoa, rubber, crude palm oil, coffee and nickel from the levy.

Citing the results of a macroeconomic analysis on Indonesia's reduced tariff rate of 19 percent, the DEN chief says Jakarta's new trade deal with Washington will help boost employment, welfare and labor-intensive industries to encourage more foreign investment and boost the overall economy.

PM Shigeru Ishiba is under additional pressure to reach a trade deal with the United States before new tariffs of 25 percent take effect on August 1.

The central bank is urging banks to boost lending to spur the economy amid a downward trend in credit growth to May, including NPLs and LARs.

Germany said it was "unable to accept" the $2.3-trillion budget for 2028-2034, which EU chief Ursula von der Leyen  called "the most ambitious ever proposed".

Some economists have flagged potential risks, particularly for foreign investors and manufacturers operating in the country, with the influx of duty-free products from the US.

The central bank views the deal Jakarta made with Washington as bringing “a positive result” overall, be it in terms of economic growth, trade balance or its impact to the financial market.

The BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.

The Finance Ministry projects state revenue will fall short of the target set in the 2025 state budget, citing weak tax receipts, declining commodity prices and recent policy changes.

Indonesia is the third-largest footwear exporter to the US behind China and Vietnam, according to the Observatory of Economic Complexity.

Trump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports to Indonesia.

High yields, stable macro conditions, pro-market policy support and solid institutional demand keep the domestic bond market relevant.

Indonesia faces a major dilemma between regulating illegal mining to protect the environment and safeguarding the livelihoods of people who depend on this activity.

Goods that have been transshipped to avoid higher duties will face steeper levies.

Indonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

Both sides looking for more reliable partners to offset ‘unpredictable’ US policy.

Data from the General Administration of Customs said exports rose 5.8 percent year-on-year, topping the five percent forecast in a Bloomberg survey of economists. 

The tender will prioritize Japanese firms, as the project is being financed by the Japan International Cooperation Agency (JICA) with cofinancing from the Asian Development Bank (ADB).

President Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically raising the stakes in already tense negotiations with two of the largest US trading partners.

The National Nutrition Agency (BGN) has requested an additional Rp 118 trillion (US$7.27 billion) to finance the free nutritious meals (MBG) program through the end of 2026, citing a projected shortfall in the initial budget allocation.

In 2023, Indonesia exported US$1.5 billion worth of goods to Mercosur countries, ranging from coconut and crude palm oil to vehicle parts, while imports from the bloc reached $6.2 billion, dominated by oil cake, sugarcane and wheat.

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

The Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.