Indonesia economy

The Indonesian leader has surrounded himself with a circle of Western-educated economic advisors resembling the "Berkeley Mafia" that guided Suharto's New Order regime.

Comments from President Trump and members of his inner circle have raised doubts about whether Washington is open to dialogue on the tariffs.

A perfect storm of domestic and international uncertainties has pushed the currency toward the all-time low set in mid-1998.

The Jakarta Stock Exchange Composite Index plunged more than 7 percent, forcing it to suspend trading for the first time since 2020.

Across the region, international markets are responding to the growing level of uncertainty and risk in the global economy.

Five oil executives have been arrested for importing fuel at inflated prices. What explains the timing?

Jakarta banned the sale of the firm's latest smartphone in October for failing to comply with rules requiring the use of locally made components.

The agritech firm's troubles reflect some of the broader challenges facing Indonesia's nascent tech sector.

The move could be part of the U.S. tech giant's strategy to lift a government-imposed sales ban on its latest model.

The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the president's office.

Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.

Since taking office in October, the Indonesian president's popularity has been boosted by his tax cuts and free meal program.

Jakarta seems determined to use the leverage it enjoys as the world's fourth-largest smartphone market to extract maximum benefits from the U.S. tech giant.

To a large extent, fears about uncontrolled government spending have been overblown.

The last-minute shift by President Prabowo Subianto came in response to strong criticisms from business associations and labor unions.

Amid both financial and geopolitical pressures, there has been a trend toward increased consolidation in Southeast Asia’s telecom industry.

The investment, which has not yet been made official, would help Apple fulfill local content rules that have prevented it from selling its latest iPhone in the country.

The state-owned utility has allowed private companies to expand the country's generating capacity, but it may take a different approach with solar.

The garment manufacturer is struggling with a heavy debt burden, a slump in demand, and a flood of inexpensive imports.

The announcement comes not long after the government imposed similar restrictions on the sale of Apple's latest iPhone model.

Jakarta has made efforts maximize the benefits that it derives from its natural resources, but there is a lot more that could be done.

Jakarta has a long track record of leveraging market access in order to gain concessions from foreign companies.

The inauguration ceremony marked a triumphant apotheosis for the former general, who was elected in a landslide in February.

Incoming administrations in Brussels and Jakarta offer hope for progress in the long-running negotiations.