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Economy 6 months ago
Apical reaffirms commitment to economic growth, ecosystem conservation with SLV program
Leading vegetable oil processor Apical Group has reinforced its commitment to balancing economic growth, community welfare and ecosystem conservation through its Sustainable Living Village (SLV) program.
Opinion 6 months ago
PREMIUM
Analysis: BI cuts rate as loan growth slows, boosting Prabowo’s growth agenda
Bank Indonesia’s second consecutive rate cut in August, and its third this year, reflected both domestic headwinds and shifting global dynamics. The central bank lowered its benchmark rate by 25 basis points to 5 percent, just a week before the U.S. Federal Reserve signaled a dovish turn. That shift further expanded the policy space for emerging markets like Indonesia to ease monetary conditions. For the Prabowo administration, the decision offers timely support for its ambitious growth agenda.
Opinion 6 months ago
PREMIUM
Analysis: Prabowo bets on 5.4 percent growth in 2026, testing fiscal discipline
President Prabowo Subianto has set an ambitious growth target of 5.4 percent year-on-year (yoy) for 2026, as announced during the presentation of the 2026 state budget draft (RAPBN). The proposed budget seeks to narrow the fiscal deficit to 2.48 percent of gross domestic product, while increasing total spending by 7.3 percent to Rp 3.79 quadrillion (US$231.81 billion). However, the heavy price tag of the government’s flagship priority programs, combined with the emphasis on central government spending, austerity imposed on regional budgets and heavier reliance on tax revenue, could complicate the realization of these growth aspirations.
Opinion 6 months ago
PREMIUM
Analysis: Indonesia’s 5.12% Q2 growth defies forecasts, fuels skepticism
The economy expanded 5.12 percent year-on-year (yoy) in the second quarter, defying expectations of a slowdown and igniting debate over where the growth is coming from and why many Indonesians say they cannot feel it. In a climate of public skepticism, every decimal point carries weight.
