The group including Russia, India, China and South Africa, has been hailed by some as a counterweight to traditional diplomatic forums like the G7.

The newly appointed Indonesian Employers Association (Apindo) national leadership council says it will focus on boosting investment in Indonesia, among other priorities, to address the country’s economic growth challenges.

The Nusantara Capital City (IKN) Authority has revealed its vision for ecotourism in the new city, embracing a sustainable urban forest concept.

Maintaining the ongoing trend, Indonesia managed to bring headline inflation down again in July, getting closer to the below-3 percent target every month since this year’s peak in February.

Property 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.

Indonesian lenders remain cautious in managing their balance sheets, as external factors could significantly rattle the banking system.

Britain 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.

President 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.

They 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.

Authorities 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.

While 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.

At US$527 million, renewable energy investment in Indonesia in the first half of 2023 was not even one third of the full-year target.

China'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.

Cuba'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.

Indonesia can secure its position as a major global player by harnessing the technology revolution to sustain its economic transformation.

The 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.

The 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.

Indonesia’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).

China 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.

Villages, 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.

Amid 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.

The 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.

Exports 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.

From 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.

Most Indonesian workers are employed in the informal sector, and their number is growing, due primarily to labor informalization, experts warn.

As 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.

A 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.

Jakartans 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.

The 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.

Indonesia, 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.