Indonesia's central bank governor on Wednesday said he saw no need for aggressive monetary tightening, while cutting the 2022 inflation outlook, in comments a day ahead of the conclusion of a monthly monetary policy review.
Indonesia's central bank is expected to keep its benchmark interest rate unchanged on Tuesday and continue to focus on supporting Southeast Asia's largest economy via quantitative easing, according to analysts in a Reuters poll on Monday.
Indonesia on Wednesday handed over nearly 400,000 hectares (988,000 acres) of seized palm oil plantations to Agrinas Palma Nusantara, giving the new state company a sizeable land bank that could make it one of the world's biggest oil palm growers.
Indonesia's President Prabowo Subianto has suggested scrapping one of the country's two nationwide elections to cut costs, advocating a return to a model similar to that used during its three-decade era of authoritarian rule.
Indonesia needs 100 trillion rupiah ($6.11 billion) in additional budget to expand its free nutritious meals programme to reach more than a quarter of its population by year-end, the head of the agency overseeing the programme said on Friday.
Indonesia's President Joko Widodo signed an emergency regulation on Friday to replace a controversial job creation law that a court had ruled was flawed, arguing global economic uncertainty next year gives him a legal basis for such a move.
Indonesia's finance minister on Monday presented a government proposal for overhauling tax regulations that would introduce a carbon tax, a higher VAT rate and a programme to report undisclosed assets.
Indonesia's central bank kept its policy rates unchanged on Tuesday, and signalled it would leave them at a record low until at least the end of the year to support the economic recovery.
Airline PT Garuda Indonesia posted a net loss of $1.07 billion for the January-September period this year, a company filing to the stock exchange showed, as the coronavirus outbreak battered the global travel industry.
Indonesia is proud of its religious diversity and its reputation for tolerance, but minorities, including Catholics, still face discrimination. By Sui-Lee Wee and Emma Bubola Sui-Lee Wee traveled to ...
Indonesia’s president-elect has expressed his hopes for continued good relations with Russia, describing the nation as a “great friend” after meeting President Vladimir Putin in Moscow earlier this ...
On Friday, a senior Indonesian official announced that the country would impose an import tariff of up to 200 percent on a range of Chinese goods, in order to protect the country’s micro, small, and ...
When the government effectively forced TikTok to shut down its Shop feature, the company quickly struck an unusual deal with a local company to bring it back. Agata Pinastika Kenastuti’s children’s ...
Hundreds of people have been killed and millions displaced as extreme weather has ravaged Southeast Asia this month. Indonesia’s heavy rain was linked to two tropical cyclones. By Jin Yu Young and ...
ACHIEVING RECIPROCAL TRADE: Today, the Trump Administration finalized a landmark trade agreement with Indonesia that will provide Americans with unprecedented market access and unlock major ...
British Foreign Secretary Liz Truss will cut short her trip to a G20 meeting in Indonesia and return to London, the BBC reported on Thursday, ahead of Prime Minister Boris Johnson's expected resignation.
Major tin exporter Indonesia is planning to raise the level of a royalty tariff imposed on the production of tin and bring in a progressive structure tied to international prices, a senior government official said on Tuesday.
Two Chinese polyester fibre makers are seeking Beijing's approval to build a $10 billion refinery and petrochemical complex in Indonesia, sources with direct knowledge of the matter told Reuters.
Indonesia's defence minister met Pakistan's air force chief in Islamabad to discuss a potential deal that includes the sale of combat jets and killer drones to Jakarta, three security officials with knowledge of the meeting on Monday said.
The Indonesian government hopes discussions with state energy company Pertamina over its acquisition of Shell's stake in the Abadi liquefied natural gas (LNG) project will be finalised in the first half of this year, a senior energy official said on Friday.
Construction on an Indonesian tourism project dubbed "Jurassic Park" on social media will continue, the Southeast Asian country's environment ministry said on Thursday, despite UNESCO warnings the plans could have a negative environmental impact.
Indonesia plans to invest 371 trillion rupiah ($22 billion) in agricultural processing for several commodities in a bid to create eight million jobs, agriculture minister Amran Sulaiman said on Friday.
Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt instruments, its financial regulator said on Monday, well below the amount raised in 2022.
Indonesia has confirmed its first monkeypox infection, detected in a person who had returned from an unidentified country with documented cases, a health ministry spokesman said on Saturday.
Indonesia is preparing about 8 trillion rupiah ($487.21 million) of capital injection for the new state firm Agrinas Palma Nusantara, senior finance ministry official Rionald Silaban said on Tuesday.
Hong Kong fintech WeLab said on Tuesday it will buy a controlling stake in Indonesian commercial lender PT Bank Jasa Jakarta and launch a digital bank in the country - one of Asia's fastest-growing digital economies.