Home Minister Tito Karnavian has criticized regional decision-makers for not doing enough to spend funds they have received to speed up investment and economic development.

The EU agreed the price after holdout Poland gave its support, paving the way for formal approval over the weekend.

Bank Indonesia has announced that its roadmap for the country’s own central bank digital currency (CBDC) named the “digital rupiah” will start with a wholesale design, in a move that may bring the country closer to finally implement the long-awaited digital currency.

The United Nations food agency's world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia's invasion of Ukraine.

According to data collected by Statistics Indonesia (BPS), the cosmetics industry has grown by 9.61 percent since last year.

German exports fell more than forecast in October, official data showed on Friday, as high inflation and supply chain snags hit demand in key trading partners, further raising the specter of recession for Europe's largest economy.

Banks in Indonesia and other countries of the region stand to gain from a stronger macroeconomic outlook, while European lenders face much bleaker prospects, according to McKinsey & Company, but emerging markets as a whole are no longer what they used to be.

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.

As the Abadi liquefied natural gas (LNG) project in the Masela Block remains in limbo, pressure is mounting for the government to create a more favorable investment climate for upstream development.

East Ventures led another Series A funding round to the amount of US$13 million for TipTip, an Indonesia-based platform allowing content creators to monetize their works.

Indonesia’s purchasing managers’ index (PMI) contracted for two-month straight to 50.3 points in November, the slowest in five months, and just slightly above the expansion threshold of 50.

PT Bank Tabungan Negara (Persero) Tbk (BTN) has collaborated with IBM Consulting to modernize its banking system through the IBM Cloud Governance methodology to ensure security and compliance in the use of cloud computing in the banking industry.

International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world's largest sovereign creditor for quicker progress on debt restructurings for countries in need.

The $490 million port at Tibar Bay near the capital Dili is expected to expand trade for Timor Leste, one of the poorest countries in the region.

Asian equities jumped on Thursday, while the dollar slid as investors poured into risky assets after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening.

In a keynote address at the National Investment Meeting held on Wednesday, President Joko “Jokowi” Widodo explained that Indonesia and many other countries were facing economic woes that will be prolonged into 2023, and he expects a global recession to start “early next year”.

Despite reports of JD Global's plans to pull the plug on its Southeast Asian operations have swirled for some time, JD.ID, its Indonesian counterpart, has denied the rumors

Bank Indonesia (BI) Governor Perry Warjiyo emphasized on Wednesday the need to adjust interest rates early to control inflation, which is near its highest rate in seven years.

Ajaib has become the latest fintech firm to be swept by the wave of layoffs in the local industry, announcing it is reducing its workforce by 67 employees.

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

China's factory activity shrank for a second straight month in November, official data showed Wednesday, as large swathes of the country were hit by COVID-19 lockdowns and transport disruptions.

Financial literacy with regard to capital markets among Indonesians fell in 2022, according to the latest triennial survey from the Financial Services Authority (OJK), leading to concerns that the rapid increase in the number of investors is not commensurate with a rise in the understanding of the associated risks.

The minimum wage hikes recently declared in several major provinces are far from what labor unions had demanded, but it is business associations that are seeking legal recourse.

A few weeks ago, Indonesia and Egypt were again in the global spotlight. They hosted global meetings that could hopefully reverberate for years to come and transform climate commitments into real action.

Yoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory. 

Industry leaders in the food commodities sector have raised prevailing issues with the SNNK, including product categories in the HS Code and the requirement to submit a whole-year import plan.

As part of its commitment to support environmental preservation and protection in Indonesia, Astra held its annual 2022 Workshop Lingkungan (Environmental Workshop) by visiting the Kampung Berseri Astra (KBA) Suntenjaya.