Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsIndonesia's economy expanded by a modest 5.04 percent in the third quarter of 2025, adding 1.9 million new jobs over the past year. The government quickly celebrated the achievement, hailing it as proof that economic growth is reaching the people. Yet behind the upbeat headlines lies a deeper question: is this growth truly generating quality employment, or merely fueling the quiet expansion of the informal economy?
Finance Minister Purbaya Yudhi Sadewa credited the result to effective fiscal management, pointing to a 5.49 percent increase in government consumption and a 3.02 percent rise in investment, backed by national strategic projects and social initiatives like the free nutritious meal program and public housing programs. But some analysts say these state-led injections may be propping up growth temporarily rather than signaling a private sector revival.
PT Indosat Tbk, operating as Indosat Ooredoo Hutchison, delivered a promising financial result in its third quarter of 2025, signaling steady growth across key financial indicators, despite a challenging macro environment. The success is attributed to its strong business fundamentals, disciplined execution and customer-centric strategy.
The government must zero in on strengthening manufacturing, cutting logistics costs, ensuring legal certainty and preserving fiscal credibility if it wants to turn the President's 8 percent growth dream into reality, experts say, and perhaps kill the free meals program..
While investments in human capital are essential for long-term growth, they do not address Indonesia’s pressing short-term challenges: Low productivity, a weak job market and the lack of formal employment.
The House of Representatives is seeking to expand Bank Indonesia’s (BI) mandate to include economic growth and job creation, which analysts warn could conflict with monetary policy goals and motivate political interference.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.