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Indonesia 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.
7 hours agoIndonesia’s foreign exchange reserves have declined slightly as Bank Indonesia (BI) battles fresh bouts of rupiah volatility. ...
13 hours agoThe global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday. ...
1 day agoMore than 500 running events are taking place in Indonesia and more than 200 cities in 2026, roughly five times the number recorded in 2022.
1 month agoIndonesia holds the world's sixth-largest gold reserves, estimated at around 2,600 tonnes.
1 month agoIndonesia also sought a preferential trade agreement (PTA) with South America’s Mercosur bloc as negotiations for a broader Indonesia-Mercosur Comprehensive Economic Partnership Agreement (IEU-CEPA) made little progress.
1 month agoContinued layoffs and a shift of work to the informal sector raises questions about the quality of jobs being created as official data shows that the unemployment rate edged down in May.
1 month agoAnonymous sources said last week Prabowo had his eyes on Destry to win the race and her nomination would be made formal, according to reports from Bloomberg and Reuters.
1 month agoThe White House needs critical minerals to replenish weapons stockpiles depleted during the Iran conflict and reduce US dependence on Chinese supply chains.
2 months agoEconomists say the country's poverty line no longer reflects actual living costs and are urging the government to revise it as soon as possible.
2 months agoAs Indonesia enters a new chapter in biodiversity financing, experts caution against repeating the errors of the carbon market.
2 months agoThe World Bank announced on Thursday that it was providing US$750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses.
2 months agoRising spending among the wealthy while middle-class consumption loses steam suggests overall purchasing power is failing to keep pace with GDP growth.
2 months agoThe World Bank Group (WBG) has appointed Indonesia’s former finance minister Sri Mulyani Indrawati as a co-chair tasked with addressing extreme poverty in low-income countries.
2 months agoApindo noted that every unresolved business obstacle weakens the multiplier effect needed to attract investment, expand production and create employment.
2 months agoIndonesia’s gross domestic product growth has decelerated in the second quarter, making the government’s target for the full year – a milestone toward reaching President Prabowo Subianto’s goal of 8 percent growth in his tenure – a tall order.
2 months agoRising interest rates are driving up funding costs and squeezing net interest margins (NIM) of banks, with analysts saying lenders will need to step up operational efficiency to sustain profitability.
2 months agoThe finance minister said the full year GDP growth this year was projected to hover between 5.6 and 6 percent despite the likelihood of a slowdown in the second quarter.
2 months agoThe purchasing managers’ index (PMI) climbed back above 50 last month as output edged higher and business confidence hit a six-month high, but weak exports and high input costs are keeping manufacturers wary.
2 months agoData from Statistics Indonesia (BPS), released on Monday, showed that the June shortfall narrowed from the $1.61 billion deficit recorded in May.
2 months agoConsumer price index growth cooled to 2.88 percent year-on-year in July despite ongoing pressure from high global oil prices, according to the latest report from Statistics Indonesia (BPS).
2 months agoBali is seen as a possible location for the planned Indonesia International Financial Center (PFII), but can the resort island benefit from the development without becoming overburdened?
2 months agoIn 2024, Singapore secured an exclusive deal with Taylor Swift to make the country her only stop in Southeast Asia, despite her massive fan base in neighboring markets, including Indonesia.
2 months agoThe President has announced plans to step up railway development across the country, beginning with a cross-island network on Sumatra, as a cost-efficient “instrument of economic democratization” that would improve public transport connectivity, particularly for lower-income communities and people in smaller towns.
2 months agoChina's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's second-largest economy struggle to reignite domestic demand.
2 months agoBusiness spending on equipment increased at a 15.2 percent pace, notching a second straight quarter of double-digit growth.
2 months agoBeijing condemned the duties imposed on China and 59 other countries over alleged forced labor concerns, and warned Washington against waging a trade war.
2 months agoThe Rokan zone alone drills nearly 500 wells annually, the highest tally of any single operating area in Indonesia.
2 months agoThe financing package comprises a concessional loan of approximately 230 million euros and a 6-million-euro technical assistance grant from KfW, alongside counterpart funding from the Indonesian government.
2 months agoThe Fed held rates at 3.50-3.75 percent for the fifth straight meeting, with Kevin Warsh denying that he was reticent to take action against high prices.
2 months agoIndonesian products may lose their US markets to other countries with lower tariffs and better cost of doing business, according to the Indonesian Employers Association (Apindo).
2 months agoThe real challenge facing policymakers in the second half of the year is not simply between stability and growth, but whether they can maintain the former toward the latter so as to nurture confidence in Indonesia's economy.
2 months agoThe inclusion of state asset fund Danantara in the Financial System Stability Committee (KSSK) on the same day Perry Warjiyo's exit was announced further fueled concern over political intervention.
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