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Indonesia economy

Why Indonesia Reduced Petrol Subsidies
September 06, 2022

Why Indonesia Reduced Petrol Subsidies

By James Guild
The move will be unpopular, but could well generate considerable economic benefits over the long run.

Pain at the Pump as Indonesia Dials Back Fuel Subsidies
September 05, 2022

Pain at the Pump as Indonesia Dials Back Fuel Subsidies

By Sebastian Strangio
The move came after the state budget allocation for fuel subsidies jumped from $10 billion to nearly $34 billion.
Indonesian Parliament Ratifies RCEP Free Trade Mega-Pact
August 31, 2022

Indonesian Parliament Ratifies RCEP Free Trade Mega-Pact

By Sebastian Strangio
Indonesia’s accession to the 15-nation agreement is a reminder of the extent to which economics is a priority for many Asia-Pacific nations.

What’s in Indonesia’s Proposed 2023 Budget?
August 23, 2022

What’s in Indonesia’s Proposed 2023 Budget?

By James Guild
Coming after two years of pandemic-induced deficit spending, the budget assumes a strong return to growth and revenue potential in the years to come.

Why Does Indonesia’s Bank Jago Have Such a High Valuation?
August 09, 2022

Why Does Indonesia’s Bank Jago Have Such a High Valuation?

By James Guild
The strong track record of the bank's leadership, and the broader optimism about the future of digital banking in Indonesia, have combined to raise investors' expectations.

The Rise of Indonesia on the Global Stage: Reflections on an Economic Ascent
July 29, 2022

The Rise of Indonesia on the Global Stage: Reflections on an Economic Ascent

By Edward Parker
With its presidency of the G-20 this year, the country is finally beginning to fulfill its potential as a regional and global leader.

Indonesia’s G-20 Chairmanship Couldn’t Have Come at a Better Time
July 14, 2022

Indonesia’s G-20 Chairmanship Couldn’t Have Come at a Better Time

By Noel Clehane
Despite the shadow of the war in Ukraine, Indonesia intends to use its chairmanship of the grouping to boost the recoveries of the world's less advanced economies.
Garuda Indonesia Strikes Debt Restructuring Deal
June 28, 2022

Garuda Indonesia Strikes Debt Restructuring Deal

By James Guild
The arrangement will help keep the partly state-owned airline airborne for the foreseeable future.

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster
May 24, 2022

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster

By James Guild
As Indonesian box office sales continue to rise, so too is the demand for locally produced films.

Indonesian Farmers Protest Falling Palm Oil Prices Amid Export Ban
May 19, 2022

Indonesian Farmers Protest Falling Palm Oil Prices Amid Export Ban

By Sebastian Strangio
Intended to control soaring domestic cooking oil prices, the Indonesian government's ban has had a series of unintended consequences.

Why Indonesia Banned Palm Oil Exports
May 03, 2022

Why Indonesia Banned Palm Oil Exports

By James Guild
Palm oil firms chasing export profits were driving up costs for consumers, creating a potential political headache for the government.
A Snapshot of Post-Pandemic Trade in ASEAN
April 26, 2022

A Snapshot of Post-Pandemic Trade in ASEAN

By James Guild
Inflation and rising commodity prices have assisted some countries' recovery, while holding back others.

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