Indonesia invites US investment while ‘not taking sides’
Amid an intensifying rivalry, Deputy Investment Minister Nurul Ichwan said she saw the strength of Indonesia’s strategy in accepting cooperation from all parties.
Fadhil Haidar Sulaeman
Indonesia’s GDP growth reaches decade high
Household spending, long the backbone of the domestic economy, remains the main source of growth, contributing 2.61 percentage points to the overall GDP growth rate.
Global banks see merger and acquisition openings in post-crisis Indonesia
This Russia-Ukraine conflict has made Southeast Asia’s largest economy a lighthouse for global investors seeking solid returns on their portfolios.
No country can expect investment ‘red carpet’
The Investment Minister said the ministry would “never” offer preferential treatment to any foreign firm if no law or regulation compelled it to do so.
Indonesia’s 2022 investment exceeds target as mining sector roars
“Many people were pessimistic back then […] but now, this is the largest full-year investment ever recorded,” Investment Minister Bahlil Lahadalia said.
Despite reforms, red tape still ‘main problem’ for Indonesia’s regional projects
New licenses had caused a backlog of investment projects but the “snap remedy” was in the hands of regional leaders, President “Jokowi” said.
Bank of Indonesia signals end to rate hikes, optimism on inflation target
The central bank's latest rate action was in line with estimates published beforehand by state-owned Bank Mandiri and publicly listed private-lender Bank Danamon.
US main contributor to Indonesia’s biggest-ever trade surplus
They accounted for the largest chunk of the trade surplus in 2022, as it imported $16.59 billion more from Indonesia than it exported to the archipelago.
Indonesia eyes new markets for coal, palm oil as global recession looms
Global economic recovery and the Russia-Ukraine war resulted in strong demands for the key commodities, bringing the country trade surplus and strong economic growth throughout…
Indonesia finance chief warns of ‘cold war’, climate impact on economy
The minister claimed expert analysis had shown that a Cold War-like situation was returning, with a Western bloc against Russia and China.