Indonesia needs to keep stimulus in place longer to underpin a recovery in its pandemic-hit economy, a former finance minister and analysts said, ahead of what some expect to be the central bank's last interest rate cut of the current cycle.
Indonesian President Joko Widodo launched construction of a $2.3 billion coal gasification plant on Monday, in a bid to slash the country's liquefied petroleum gas (LPG) imports while optimising its coal resources.
Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.
Indonesia posted a slightly bigger-than-expected trade surplus in April of $3.56 billion, as the country saw smaller-than-estimated imports, statistics bureau data showed on Wednesday.
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
The Indonesian government has delayed a plan to purchase 12 Mirage 2000-5 fighter jets previously used by Qatar, due to limited fiscal capacity, a spokesperson for the defence minister said.
Indonesia's investment minister and miners Freeport-McMoran and its Indonesia unit Freeport Indonesia have signed a memorandum of understanding to extend Freeport Indonesia's mining permit beyond 2041, Freeport-McMoran chairman Richard Adkerson said.
A group of Indonesian state-owned companies will form a venture to make batteries to power electric vehicles, the Mining Industry Indonesia (MIND ID) chief executive said on Tuesday.
Indonesia will ban the entry of travellers who have been in eight African countries and extend quarantine times for all arrivals to curb the spread of the new Omicron coronavirus variant, officials said on Sunday.
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 ...
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 ...
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 ...
The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support, and $600 million toward a project to improve childhood nutrition.
The United Arab Emirates' Mubadala Energy has signed an initial agreement to supply gas to state fertiliser maker Pupuk Indonesia, a spokesperson for Mubadala said on Tuesday.
Four members of a Spanish family are missing after a boat carrying eleven people sank off the coast of Indonesia in extreme weather, Spanish and Indonesian authorities said on Saturday.
The World Bank has approved two investments involving a total blended finance package of $2.13 billion to boost economic growth and improve clean energy access across Indonesia, the multinational lender said in a statement on Monday.
A powerful earthquake killed more than 160 people in Indonesia's West Java province on Monday, with rescuers searching for survivors trapped under the rubble amid a series of aftershocks.
Indonesia's central bank has bought 33.53 trillion rupiah ($2.39 billion) worth of government bonds through auctions and greenshoe options this year as of Jan. 27, governor Perry Warjiyo told a business forum on Wednesday.
For more than 1,200 people gathered at a hotel in Indonesia's resort island of Bali this week the message was clear: coal is here to stay.
China's Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country's communications minister.
The World Health Organization has urged Indonesia to take action to stem transmission of the coronavirus, following new data showing that mobility for retail and recreation has reached pre-pandemic levels in some key regions.
Indonesia is considering cutting its palm oil export levy to encourage more shipments, a cabinet minister said on Thursday, another move to spur exports after a ban designed to protect domestic cooking oil supplies saw palm oil inventories swell.
South Korea and Indonesia signed an agreement cutting down Indonesia's contribution in a South Korea-developed fighter jet project to about 600 billion won ($439 million), South Korea's defence procurement agency said on Friday.