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BUSINESSAug 5Somalia , Indonesia Discuss Expanding Cooperation On Blue EconomySomalia and Indonesia are engaging in discussions to broaden their cooperation in the blue economy sector. This indicates ongoing diplomatic efforts aimed at economic development.allafrica.com · Nigeria
BUSINESSAug 5Indonesia has strong foundation for RWA tokenization : MinisterA minister states Indonesia possesses a strong foundation for Real World Asset (RWA) tokenization. This indicates potential for financial innovation and economic growth in the country.en.antaranews.com · Indonesia
BUSINESSAug 5Indonesia Q2 GDP slows to 5 . 29 % y / y , but beats forecastIndonesia's Gross Domestic Product slowed to 5.29% year-on-year in the second quarter, yet this figure still exceeded forecasts. This indicates a mixed performance in the nation's economic growth.finance.yahoo.com · United States
BUSINESSAug 4CoreWeave expands into Indonesia, announces first data center in Asia-PacificCoreWeave is expanding its operations into Indonesia, marking its announcement of the first data center in the Asia-Pacific region. This move signifies the company's growth in a new geographical market.Yahoo Finance
BUSINESSAug 4Huawei Cloud Appoints Redington as Indonesia Distributor to Accelerate Cloud and AI AdoptionHuawei Cloud has appointed Redington as its distributor in Indonesia to boost cloud and AI adoption. This is a business development aimed at expanding technology services in the region.philippinetimes.com · Philippines
BUSINESSAug 3Indonesia , Thailand target US$20 billion bilateral trade by 2030Indonesia and Thailand are aiming to achieve a bilateral trade volume of US$20 billion by the year 2030. This initiative signifies a joint effort to strengthen economic ties and expand trade between the two countries.en.antaranews.com · Indonesia
BUSINESSJul 29India's SAIL and Indonesia's Krakatau Steel eye $350M stainless steel investment - reportIndia's SAIL and Indonesia's Krakatau Steel are reportedly considering a $350 million investment in stainless steel.Seeking Alpha Tech
BUSINESSJul 28Can China and Indonesia’s strong financial ties withstand ‘resource nationalism’?Back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made a quiet bet on uncharted territory: Indonesia. The company was on a quest: to secure nickel, a vital industrial metal used in stainless steel production and, increasingly, to power advanced batteries. That bet proved lucrative. By leveraging Indonesia’s vast nickel reserves – the world’s largest – and securing greater control over upstream supplies, Tsingshan Group has grown into a...South China Morning Post
BUSINESSJul 28Indonesian central banker’s exit signals dilemma over rate policy, growth targetThe sudden resignation of Bank Indonesia’s governor highlights a dilemma that he and his central bank peers in the region have faced in calibrating interest rates – either tighten policy to defend weakening currencies and contain inflation, or loosen it to support pro-growth mandates – according to analysts. Perry Warjiyo’s exit has fuelled speculation that he was under pressure to do more to support President Prabowo Subianto’s economic growth agenda. Warjiyo, who led the Indonesian central...South China Morning Post
BUSINESSJul 27Indonesia Central Bank Chief Perry Warjiyo ResignsPresident Prabowo Subianto has accepted the resignation of Perry Warjiyo, who had served as Bank Indonesia's governor since 2018, State Secretary Prasetyo Hadi told reporters in Jakarta. The post Indonesia Central Bank Chief Perry Warjiyo Resigns appeared first on Channels Television.Channels TV
BUSINESSJul 27Why Indonesia needs legal trust, not tax cuts, to build a finance hubTax breaks used to be enough. Not any more. Analysts say a new generation of investors is prioritising legal certainty and regulatory stability over incentives – and Asia’s most successful international financial centres will be those that successfully secure trust. All of which carries repercussions for Indonesia’s plans to build its first international finance centre, after lawmakers passed a law on Tuesday giving the project the green light. Enforceable contracts, predictable regulation and...South China Morning Post
BUSINESSJul 26Indonesia eyes wellness tourism to boost global competitivenessIndonesia is focusing on wellness tourism as a strategy to enhance its global competitiveness. This initiative aims to boost the country's economic standing through a specific sector.en.antaranews.com · Indonesia
BUSINESSJul 26Indonesia’s plan for a Singapore rival starts to take shapeIndonesia wants to build a financial centre to rival Singapore, Hong Kong or Dubai, but analysts say the real work of persuading global investors has barely begun. Parliament’s passage of the enabling legislation on Tuesday laid the legal foundation for the hub, marking a milestone in President Prabowo Subianto’s push to attract more foreign capital into Southeast Asia’s largest economy and lift growth towards 8 per cent by the end of his term in 2029. Yet observers caution that the centre,...South China Morning Post
BUSINESSJul 25Indonesia’s Bali financial hub ‘a matter of survival’: economic tsarBali has “aura” and political titan Luhut Pandjaitan wants to channel it to transform Indonesia’s famed resort island into an international financial centre. But President Prabowo Subianto’s special adviser and economic tsar is not relying on subtle nods to Gen Z slang to sell paradise. Instead, he conjures up a striking image to make his case. A friend recently sent him a photograph of kamikaze drones lighting up the skies over Abu Dhabi, accompanied by a plea: help us get out. Indonesia,...South China Morning Post
BUSINESSJul 23Philippines plugs into Indonesian power link to shockproof energy supplyThe Philippines’ push to establish a cross-border grid with Indonesia highlights the growing urgency of securing energy supplies amid soaring electricity costs, marking another step towards a long-delayed regional power network. Analysts hail the move as crucial for addressing domestic energy woes and unlocking mutual interests between neighbours, though they also point to geographical and supply-chain challenges. Manila’s Department of Energy said last month that efforts were under way to...South China Morning Post
BUSINESSJul 22Indonesia steps up market reforms to avert MSCI downgradeWhen global index provider MSCI warned in January that Indonesia risked being demoted from emerging to frontier market status, it unleashed a wave of volatility, sell-offs and wild trading swings. Six months on, Jakarta’s investment chief argues the real story is not about whether the country can earn investors’ trust. “For Indonesia, this is not about short-term market status,” Investment Minister Rosan Roeslani told This Week in Asia in written replies to questions. “It is about building a...South China Morning Post
BUSINESSJul 21Yasuda Logistics Starts Bekasi MM2100 Warehouse Project in IndonesiaYasuda Logistics has commenced a new warehouse project in Bekasi MM2100, Indonesia. This signifies an expansion of logistics infrastructure and business operations in the region.jp.ibtimes.com · United States
BUSINESSJul 21How Indonesia Electric Motorcycle Project Could Shape the EconomyThis article explores how Indonesia's electric motorcycle project could significantly influence the nation's economy.en.tempo.co
BUSINESSJul 19Think tank urges Indonesia to accelerate downstream pushA think tank is advising Indonesia to expedite its efforts in downstream industrial development. This highlights a strategic economic recommendation aimed at boosting the nation's industrial capacity.en.antaranews.com · Indonesia
BUSINESSJul 19Ministry pushes Indonesia as hub for global creative collaborationA ministry is promoting Indonesia as a central location for international creative collaboration. This initiative aims to boost the country's creative industries and global partnerships.en.antaranews.com · Indonesia
BUSINESSJul 19Indonesia’s Danantara must ‘outlast’ presidencies to prove worth: investment chiefIndonesia’s Danantara must outlive political administrations to prove its worth to investors and most importantly to the people, according to the sovereign wealth fund’s chief investment officer. Pandu Sjahrir said the fund was focused on the demutualisation of Jakarta’s stock market and to support the establishment of the first financial centre in Bali to boost investor confidence. “Investment is almost everything for us. Confidence is the name of the game, and we have to create long-term...South China Morning Post
BUSINESSJul 18BI strengthens Indonesia presence in global coffee market via JCFFBI is strengthening Indonesia's presence in the global coffee market through the JCFF initiative. This indicates a strategic business move to expand market share.en.antaranews.com · Indonesia
BUSINESSJul 18A strategic case for the Indonesia - Canada trade pact - AcademiaThis article presents a strategic analysis supporting a potential trade agreement between Indonesia and Canada. It highlights the economic and geopolitical benefits of such an alliance.thejakartapost.com · Indonesia
BUSINESSJul 14Indonesia’s free meals scheme cut leaves kitchen operators in limboThousands of Indonesian free meals kitchens complained on Tuesday they had ⁠been left in the lurch ⁠by the government’s move to scale ⁠down President Prabowo Subianto’s flagship free meals programme to save money. Jakarta is considering a potential budget cut of more than US$2 billion with reductions in the number of beneficiaries and kitchen operators. There are currently nearly 28,000 kitchens ‌and the National Nutrition Agency (NNA) plans to temporarily halt the addition of 13,000 new...South China Morning Post
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