The retirement business remains underdeveloped in Indonesia, but experts say the aging population at home and abroad means the time to invest is now.

The early retirement project for the Cirebon-1 has overshot its initial target to close the coal power plant by the year-end, but the ADB has brushed off the delay as part of the bumps expected in managing the pioneering project under the ETM.

The government will develop downstream industries, the digital economy and the semiconductor industry as the additional key drivers of growth.

The government plans to prioritize nuclear power plant development to meet demand outside ofJava, particularly for industrial parks and smelters.

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China.

China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.

The consumer confidence index (CCI) increased to 125.9 points in November from 121.1 in the previous month, according to a BI survey released on Monday.

Prabowo told his ministers and government officials that such tensions are expected to slow the growth of the world's major economies, without mentioning any country although citing a "military emergency" as an example.

The public’s increasing interest in online shopping is fully supported by the government through economic policies that favor small and medium enterprises (SMEs) and the community. For the past 12 years, the government has supported National Online Shopping Day (HARBOLNAS), initiated by the Indonesian E-Commerce Association (idEA), which is celebrated every Dec. 12. This initiative has proven to drive the growth of Indonesia's digital economy year after year.

In late October, Public Housing and Settlements Minister Maruarar Sirait estimated the ministry would need over Rp 23 trillion (US$1.44 billion) to meet the needs of the housing program annually, but for next year the Finance Ministry has only earmarked Rp 5 trillion.

The former US president unleashed a grueling trade war with China during his first term in office, lambasting alleged intellectual property theft and other "unfair" practices.

Chinese developers have spare capacity but face constraints in expanding abroad due to financial challenges following the property bust in their own country.

A minister said the President had pitched the giant seawall project to Japanese business leaders through flexible cooperation schemes, in a bid to woo potential investors to the mega infrastructure project aiming to mitigate coastal erosion and subsidence.  

Vietnam is vulnerable to becoming the Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

Switzerland's biggest bank, which is among the world's largest wealth managers, said the number of dollar billionaires increased from 1,757 to 2,682 over the past 10 years, peaking in 2021 with 2,686.

Renting has become an alternative option for those who prefer to avoid long commuting times from the outskirts of Jakarta, given that homeownership in the city center is unaffordable.  

Analysts say the agreement lacks the ambition needed for an equitable energy transition in Indonesia and have expressed concern over high costs and complex negotiations stalling progress.

Bank Indonesia (BI) Governor Perry Warjiyo has signaled that the central bank will have less room for continued monetary policy easing next year as pressure mounts on the rupiah as a result of the more inward-looking policy expected from the administration of US president-elect Donald Trump.

President Prabowo Subianto has stated that Indonesia must not only pursue self-sufficiency in rice, he also wants the same for every other foodstuff in the future.

Ahead of a second presidential term for president-elect Donald Trump in the United States, Luhut Pandjaitan’s National Economic Council (DEN) has advised the government to “play smart” in its dealings with the world’s largest economy to prevent a strong reaction.

Southeast Asia’s biggest economy expects the agreement to pave the way for greater access to the region, including to the United States.

Local firms remain cautious when considering employment numbers despite improvements in manufacturing activity.

Laying off workers would only increase the number of people without income, further worsening the economic situation, Kadin chairman Anindya Bakrie said. 

The BPS revealed on Monday that Indonesia's inflation rate dropped to 1.55 percent in November, just 0.05 percentage point above the lowest end of BI's target range, marking the slowest annual rise since July 2021.

Asia's largest manufacturing economies stepped up activity in November, with China's factories extending their recovery driven in part by Beijing's stimulus and a rush to export, though weak patches in other parts of the region pointed to some challenges.

The railway, which will stretch more than 1,500 kilometres (930 miles) from the capital in the north to the country's business hub in the south, will reduce the current journey time by rail from 30 hours to around five.

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.

Southeast Asia's biggest economy is looking at operating nuclear power plants as early as 2036 to cut its dependence on fossil fuels.

The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.

In an effort to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.