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View all search resultsTourism and Creative Economy Minister Sandiaga Uno said the price reduction would help regions where airline tickets were more costly than average, particularly destinations in eastern Indonesia and Sumatra.
11 months agoFebruary marks the 34th month in a row where Indonesian exports exceeded imports, but both figures are on a declining trend in a reflection of the global economic slowdown.
2 years agoWorker pay has been one casualty of the years of sputtering growth in the world's third-largest economy since the late 1990s, leaving Japanese salaries well behind the OECD average.
2 years agoThe collapse of Silicon Valley Bank (SVB) and Signature Bank has caused a certain degree of paranoia, reminding many of the horrors of the global financial crisis in 2008.
2 years agoThe logistics industry is a driving force for the national economy. Logistics transportation is one of the supports for the rise of the Indonesian economy, which is currently in a slump due to the COVID-19 pandemic.
2 years agoKey metrics like bookings, cancellations and room rates suggest that small accommodation businesses have found their way back into pre-pandemic shape.
2 years agoThe head of the European Commission Ursula von der Leyen said Monday she wants to avoid economic dependence on Beijing, but not fully "decouple" the EU's economy from China.
2 years agoThe AEER think tank says Indonesian SOE lenders are too slow in raising their financing of renewable energy projects, hampering the country's drive for renewable energy.
2 years agoM&A transactions typically flourish when the capital market is stable, according to a top banker of JP Morgan in Indonesia.
2 years agoFormer Finance Minister Bambang Brodjonegoro said that Indonesian economic growth is stuck at 5 percent because of no real breakthrough in manufacturing industry.
2 years agoBank Indonesia’s latest data point to higher retail sales in February when compared to last year, but the month-to-month numbers reveal a consecutive decline, which experts attribute to seasonal factors.
2 years agoChina's consumer price inflation last month fell to its lowest level in a year, official data showed Thursday, as the country emerged from strict pandemic controls and a Lunar New Year spending binge.
2 years agoThe global fertilizer shortage has prompted the government to develop a new fertilizer production facility in West Papua that will start operating in 2027, with a dual aim to reinvigorate the agriculture industry in the country’s eastern regions.
2 years agoWork on a dam and clean water processing, essential facilities for what is to become the new capital city, are close to completion.
2 years agoMalaysia is the world's second biggest producer of palm oil and fall in its production could lift palm oil futures FCPOc3 already trading near their highest level in four months.
2 years agoIn 2022, Indonesia succeeded in increasing its production of strategic mineral and energy commodities, such as coal and nickel. The increased production has been a windfall for Indonesia, as 2022 has been a year of commodity price surges. However, the "business as usual" approach to mineral and energy mining often overlooks the concept of intertemporal optimization, which is of utmost importance for the sustainability of the mining industry itself.
2 years agoPresident Xi Jinping vowed to boost the country's manufacturing capacity and not rely on overseas markets, state media reported Monday.
2 years agoThis year, the government will continue the National Movement for Food Inflation Control (GNPIP) to reduce food-related inflation.
2 years agoThe Chinese government on Sunday set a slightly lower annual economic growth target compared with last year's goal, as the world's second-biggest economy began to emerge from three years of severe COVID-19 restrictions.
2 years agoRetail centers in Jakarta saw their occupancy rates increase slightly over the course of last year to an average of 77.4 percent.
2 years agoHeadline inflation came in higher than some analysts had forecast, while heavy rainfall and the upcoming Ramadan season will put upward pressure on consumer prices. On a monthly basis inflation eased slightly.
2 years agoElectric vehicles traverse the skies above Jakarta on critical journeys that bypass the challenges of rush-hour jams. This might seem like a scene from the Hollywood blockbuster The Fifth Element, but it could soon be a natural evolution of Indonesia’s transportation ecosystem.
2 years agoAirlangga said that Indonesia had gone through so many election cycle before that political tension was no longer an issue and that the country's economy had proven to be insulated from politics.
2 years agoIndonesia, being one of the world's largest producers and exporters of natural resource commodities, has been positively impacted by the global commodity windfall in the past two years.
2 years agoWhile signaling the chance of tweaking the BOJ's bond yield curve control (YCC) in the future, Ueda said the bank needed to work out the right timing and means to do so, a sign the new chief will be in no rush to overhaul the controversial policy.
2 years agoThe mood among corporate leaders in the Asia-Pacific region has darkened abruptly in a global economy fraught with risks from geopolitical confrontation and runaway inflation to rising social tension, a new study has found.
2 years agoChairman of House budget committee Said Abdullah said President Jokowi has sent Perry's name to the House as his sole candidate for the post.
2 years agoThe government's targeted budget deficit for next year is between 2.16 to 2.64 percent of GDP, shaving off up to 0.68 percentage points from this year's deficit target of 2.84 percent.
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