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 ...
Indonesia's highest Muslim clerical council aims to issue a ruling on whether a COVID-19 vaccine is halal, or permissible under Islam, before the country is due to start a mass inoculation programme using a Chinese vaccine next week.
Large parts of Indonesia, Malaysia and Thailand have been stricken by cyclone-fueled torrential rain for a week, with a rare tropical storm forming in the Malacca Strait.
Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a $32 billion project to build a new capital city in the country called Nusantara, an official said late on Tuesday.
Indonesian tycoon Hary Tanoesoedibjo, a business partner of former U.S. president Donald Trump, launched on Monday construction on a movie studio as part of a tourism complex on Java island that is set to receive tax breaks.
Iran's oil ministry said the oil cargo of an Iranian-flagged supertanker seized by Indonesia last week does not belong to Tehran, Iranian state media reported on Friday.
Several economists said on Thursday that they expected more aggressive easing by Indonesia's central bank after this week's surprise rate cut, with many noting the governor's determination to boost growth in Southeast Asia's biggest economy.
The next two weeks are critical for the success of Indonesia's efforts to rein in the coronavirus, as infections could rise until Saturday's tougher curbs, affecting more than 100 million people, begin to show results, a minister said.
Hundreds of thousands of supporters of presidential contenders packed final rallies ahead of the world's biggest single-day election.
Indonesian President Joko Widodo said on Monday in his annual state of the nation speech that there was a need to strike a balance between health and economic interests amid a surge in COVID-19 cases in Southeast Asia's biggest country.
Indonesian President Joko Widodo on Wednesday made a renewed pitch for his country's new $32-billion capital city to investors in Singapore, the latest attempt to lure funds into a project that has so far failed to attract big-ticket investment.
Indonesia's government will sell 157 trillion rupiah ($10.94 billion) of bonds to the central bank before the end of 2021 to utilise a fiscal deficit financing deal agreed in August, according to a presentation from the finance minister.
Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global uncertainties, but said further easing to prop up economic growth is only a matter of timing.
Inside Indonesian President Prabowo Subianto's administration, officials are doubling down on his contentious growth and spending policies, despite recent moves from global financial agencies that shook markets and prompted outlook downgrades.
Indonesia recorded a budget deficit of 4.65% of gross domestic product for last year, sharply lower than initial estimates, as revenues surpassed their target, the finance minister said on Monday.
Indonesia may cut back next year's bond issuance target if it has carry-over cash from this year, assuming it continues to see strong tax revenues until the end of 2023, Finance Minister Sri Mulyani Indrawati said on Thursday.
Indonesia expects its $6 billion high-speed railway project connecting its capital Jakarta to the city of Bandung to be completed about two years later than initially scheduled, a deputy minister said on Wednesday.
Indonesia is preparing budget cuts for some government programmes if the global oil price remains high and would issue the plan soon, its finance minister said on Monday, playing down concerns about an imminent plan to overshoot the fiscal deficit limit.
The Indonesia Stock Exchange plans to implement in stages an upcoming requirement for companies to double their minimum freely tradable stocks to 15% based on their readiness, its interim chief executive told Reuters on Friday.
Indonesia is expecting a longer dry season, lasting until October, due to the El Niño weather pattern, threatening clean water supply and increasing the risk of forest fires, the country's disaster agency said on Monday.
Indonesia will review minimum wage and other labour rules, the president's office said on Tuesday, after trade unions staged nation-wide protests against a recent hike in petrol prices that they say has come even as incomes stagnate.