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01 April 2019
Based on the latest data from Statistics Indonesia (BPS), consumer prices in Indonesia grew 2.57 percent year-on-year (y/y) in February 2019, a near-decade low, and below our forecast of 2.75 percent (y/y). The last time we saw this low level of... read more
29 March 2019
The Federal Reserve’s pause in interest rate hikes is a relief for many emerging economies, and represents an opportunity for Indonesia to accelerate growth, the Asian country’s finance minister told CNBC on Monday. “For us... read more
27 March 2019
The central bank of Indonesia (Bank Indonesia) announced on Friday (08.03.2019) that the country's foreign exchange reserves grew USD $3.2 billion to reach the level of USD $123.3 billion at the end of February 2019 (the highest level since... read more
25 March 2019
The Indonesian Government has welcomed cooperation between Oman's Overseas Oil and Gas (OOG) and Indonesian state oil and gas company PT Pertamina to build a new oil refinery in Bontang, East Kalimantan, with an investment worth US$10... read more
22 March 2019
A recent AlphaBeta report, commissioned by the Hinrich Foundation and the Center for Strategic and International Studies, estimate the digital trade sector could grow by an eye-watering 768 percent, which could create USD 172 billion worth of... read more
20 March 2019
The impact of embracing technology could have profound effects on Indonesia's economy and the traditional way people do business. The big question for the real estate industry is not when things will change, but by how much. Indonesia is... read more
18 March 2019
In an effort to attract more foreign and domestic investment, the Indonesia Investment Coordinating Board (BKPM) will organize the 2019 Regional Investment Forum on March 11 in the ICE – BSD, Tangerang, Banten, creating a platform for... read more
15 March 2019
Last year, the Indonesian film industry celebrated a new record of over 50 million viewers for a total of 132 local films. And the country isn’t just doing well domestically, it is also becoming a bigger player in the global film... read more
13 March 2019
The Indonesian government will open a new office in Singapore to attract even more investment from its neighbour and top source of foreign investment, a senior official said. Singapore accounted for US$9.19 billion (S$12.5 billion) or 34.4 per... read more
11 March 2019
The construction of three national strategic projects - worth a combined IDR 70 trillion (approx. USD $5 billion) - is targeted to be completed before the end of 2019. These three projects are: (1) the first phase of Jakarta's mass rapid... read more