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Economy 3 months ago
China's economy loses steam at start of Q2
Better-than-expected exports and China's domestic fuel-pricing controls have helped weather the energy shock, but higher input costs threaten to squeeze already weak factory margins and further dampen consumer spending if the conflict drags on.
Opinion 4 months ago
PREMIUM
Analysis: Growth masks rising risks from fiscal, monetary expansion
The recent announcement on 5.6 percent economic growth came as little surprise after Finance Minister Purbaya Yudhi Sadewa made a similar projection in February. At first glance, the figure appears to validate President Prabowo Subianto’s economic agenda, particularly the free nutritious meal program. Yet behind the stable headline growth, macroeconomic indicators suggest the economy is becoming increasingly dependent on government spending and monetary expansion rather than healthy private sector activity.
Academia 4 months ago
PREMIUM
Growth without gain: Why Indonesians don't feel the economy
While Indonesia's headline GDP suggests an economic triumph, a deeper look at GNP reveals a hollow growth, where wealth flows outward rather than into households. The country’s impressive statistics are failing to move the needle for the middle class and the informal workers who anchor the economy.
Academia 4 months ago
PREMIUM
Purbaya’s aggressive fiscal shift: Growth at what cost?
Finance Minister Purbaya has pivoted toward an aggressive, pro-growth fiscal strategy that breaks from years of cautious discipline. However, using reserve cash and central bank surpluses to fund this vision may jeopardize Indonesia’s long-term institutional stability and debt credibility.
Economy 4 months ago
Batam investment surges 103% in Q1 2026, reinforcing role as Indonesia’s key growth hub
Badan Pengusahaan Batam (BP Batam) has reported an investment realization of Rp 17.4 trillion in the first quarter of 2026, marking a 102.85 percent increase year-on-year (YoY) and 68.92 percent growth quarter-on-quarter. The performance signals a strong start to the year and reinforces Batam’s position as one of Indonesia’s most dynamic investment centers.
Opinion 4 months ago
PREMIUM
Analysis: Can Indonesia transform creativity into growth?
Indonesian popular culture is gaining global traction, with Joko Anwar’s Ghost in the Cell (2026) set to screen in 86 countries and music artists like NIKI, Anggun, Rossa and Voice of Baceprot touring internationally. Yet these successes remain largely driven by individual efforts, leaving the country’s creative industries with a fragmented and under-institutionalized global presence, highlighting the need to position the sector as a strategic industry.
Economy 5 months ago
PREMIUM
Govt insists on growth target as World Bank lowers forecast
Though the World Bank has downgraded its growth projection for Indonesia due to the economic fallout from the Iran war, a move preceded by a similar revision by the OECD last month, the government insists on the achievability of the state budget target.
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