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05 August 2019
Indonesia Investment Coordinating Board (BKPM) head Thomas Lembong has identified e-commerce, tourism and lifestyle as Indonesia’s three main “engines for new economic growth” in the years to come. “[These sectors] will... read more
17 June 2019
Taiwan’s Pegatron has signed a letter of intent stating it intends to invest 10-15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to assemble “chips for Apple smartphones”, Indonesia’s deputy... read more
14 June 2019
Indonesia won a sovereign rating upgrade from S&P Global Ratings for its “strong economic growth prospects” and prudent fiscal policy, brightened by the re-election of President Joko Widodo. The nation’s currency, stocks... read more
12 June 2019
Indonesia will put in place new incentives to attract foreign investment in a bid to turn the country into ASEAN's manufacturing hub, industry minister Airlangga Hartarto said at Nikkei's Future of Asia conference here on... read more
03 June 2019
Joko Widodo, re-elected as Indonesia's president, must prioritise reforms including increased investment in education, health and competitiveness, says CEO of Asia Group Advisors, Adam Schwarz. His most impressive achievement since taking... read more
31 May 2019
While Jokowi won’t be inaugurated until October, he’s already set about drafting plans to spend more than $400 billion on infrastructure, such as building new power plants and airports. As much as 40% of the total is expected to be... read more
29 May 2019
Planning officials estimated Indonesia required some US$350 billion in infrastructure financing from 2015 to 2019 and will likely need as much for the coming five-year period, with more than half expected to be financed from private... read more
27 May 2019
Indonesia is quietly talking to the United States about the purchase of 32 new Lockheed Martin F-16 Viper jets and six C-130J cargo aircraft in what may partly be an effort to remove the country from any possible sanctions as the US-China trade... read more
24 May 2019
Indonesia recorded its biggest ever monthly trade deficit in April, complicating the Southeast Asian country’s battle with a broader economic slowdown and the effects of global trade tensions. The value of goods shipped from the country... read more
22 May 2019
Infrastructure development — a hallmark of Mr Widodo’s presidency — is likely to continue shaping his second term after official results from Indonesia’s election last month were released on Tuesday that confirmed he won... read more