Indonesia’s location in the ring of fire makes it vulnerable to natural disasters. A global risk analysis conducted by the World Bank ranks Indonesia 12th out of 35 countries facing a relatively high mortality risk from multiple hazards.

“The adaptation of Sustainable Development Goals [SDGs] in regions across Indonesia has evidently accelerated […] an exemplary practice that should be adopted by other countries.

Mall rents are projected to rise this year but retailers say they will maintain their prices as long as the increase is not too extreme.

The Finance Ministry has warned that a slowing global economy could hurt Indonesia’s budget, as weaker commodity exports take a toll on customs and excise as well as on non-tax revenue.

In recent years, awareness about the United Nations Sustainable Development Goals (SDGs) has increased, as the world tries to grapple with the effects of climate change.

Though problems with drinking water supply have been acknowledged for some time, solutions have remained elusive. Now, with the new capital city’s promise to build a potable water system, could it be rolled out elsewhere in the country?

US Treasury Secretary Janet Yellen on Saturday urged closer communication between China and the United States to improve economic decision-making, and challenged China to join global initiatives to help poorer nations address climate change.

While the majority of Indonesians support a departure from coal-fired electricity, most are not aware of the Just Energy Transition Partnership (JETP) funding scheme.

The blue economy, a new engine of economic growth, bodes well for the countries of the Association of Southeast Asian Nations (ASEAN) that are eager to achieve prosperity despite lingering challenges.

The Department of Industry forecast shipments of thermal coal -- used in electricity production -- would be worth US$20 billion, down from US$43 billion this year.

The Finance Ministry shared on Monday that Indonesia had regained its status as an upper-middle-income country following the pandemic. 

The 2023-25 Action Plan aims to deliver near-term economic benefits for Indonesia and Western Australia by building value-added, resilient and sustainable battery and mineral industries in both countries.

President Joko "Jokowi" Widodo, who will meet Australian Prime Minister Anthony Albanese in Sydney, has set the stage by suggesting the two countries build a regional hub for electric vehicle manufacturing -- a move that could loosen China's grip on the booming industry.

Indonesia’s manufacturing purchasing managers’ index (PMI) rebounded last month on the back of strong domestic demand, even while activity slumped in other countries in the region amid weak global demand.

The cut which first took effect for July will continue in August and "can be extended", the official Saudi Press Agency (SPA) reported, citing an energy ministry source. 

Maintaining a trend that began in March, inflation dropped to 3.5 percent last month, which is lower than market estimates, yet experts do not expect Bank Indonesia to cut its benchmark interest rates this year, as imported inflation remains a risk.

Asia's factory activity slumped in June, business surveys showed on Monday, as sluggish demand in China and advanced nations clouded the outlook for the region's exporters.

The government has not decided whether the extension would use elevated rails, that are implemented on the existing lines, or on-the-ground rails (at grade).

US economic growth came in at 2 percent in the first quarter this year, the Commerce Department said Thursday, making a significant upward revision to earlier estimates partly on stronger-than-expected consumer spending.

The are heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan, Russia's war in Ukraine, growing US export bans on advanced technologies and China's state-led industrial policies.

Italian Prime Minister Giorgia Meloni on Wednesday criticised the European Central Bank's hiking of interest rates to fight inflation, warning "the cure risks proving more damaging than the disease".

Commemorating International MSMEs day, Navin Jain, President Director of PT Mastercard Indonesia, spoke to The Jakarta Post on Mastercard’s insights regarding MSMEs in Indonesia, the challenges they face and how Mastercard plans to empower these local businesses.

On a visit to Jakarta, UK Deputy Prime Minister Oliver Dowden said he wanted to demonstrate that his country was open for business and trade.

The Indonesia's Best Professional Program kicked off on June 26 and includes work placement opportunities and competence building.

Lower world commodity prices will impact state revenue this year, the Finance Ministry has said, as the sector accounts for a significant portion of the government’s tax and nontax income.

In its latest projection for Indonesia's economy, the World Bank forecast a slowdown in gross domestic product (GDP) growth to 4.9 percent this year.

On his many visits to semiconductor factories and electric car plants, Germany's Chancellor Olaf Scholz bangs the drum for an economy at the forefront of an industrial transformation.

Indonesian businesses have lauded the government’s recent decision to end the national COVID-19 state of emergency, saying the move will expedite the economic recovery from the pandemic, but some experts predict little change, noting that most of the economically significant restrictions were relaxed months ago.

The textile industry continues to face pressure from prolonged falling exports with several firms prompted to take further cost-cutting measures, especially on workers. 

The year 2023 continues to be full of uncertainty, particularly concerning the trajectory of global inflation and monetary policy rates. The global economy remains in a state of ambiguity amid the forceful tightening of monetary measures, prompted by the significant rise in inflation following the reopening of economies after the COVID-19 pandemic.