Pertamina has been tasked with major refinery projects while shouldering a growing subsidy burden despite rising crude prices.
Companies

Indonesia creates oil and gas holding company to expand production

Government transfers $2.77bn stake in gas distributor to Pertamina

12 April 2018
Manufacturers concerned about a China-U.S. trade war.
Nikkei PMI

Asian manufacturers less optimistic about output amid trade tensions

March PMI shows rising material costs is another concern

11 April 2018
Shipping containers stand at a port in Bangkok. While painting bright pictures, economists also identified emergent concerns for economy in southeast Asia.
Economy

'Trump risks' cast shadow over bright Asian outlooks

Protectionism ranked as biggest concern for first time in a year, JCER says

10 April 2018
Proton cars in Kuala Lumpur: The trade battle may spur Chinese companies to invest more in Southeast Asia, as Geely did with Malaysia's national automaker.
Trade war

US-China trade row spells pain and gains for ASEAN

Spread of 'China plus one' production expected to boost investment in bloc

8 April 2018
Singapore Minister for Finance Heng Swee Keat, who chaired the ASEAN ministerial meeting, said the region is committed to free trade.
Economy

Singapore warns on China-US tariff tensions

ASEAN finance ministers reaffirm commitment to open trade

6 April 2018
Perry Warjiyo, next governor of Indonesia's central bank, will take over an economy faced with risks of both slowdown and inflation.
Opinion

Indonesia's new central bank chief faces pre-election pressures

Warjiyo must control inflation without hitting growth before 2019 presidential poll

5 April 2018
Indonesian President Joko Widodo's government believes its plan will create anywhere from 7 million to 19 million jobs.
Economy

Indonesia seeks industry upgrades to join world's top 10 economies

Widodo's manufacturing road map targets five sectors, from food to cars

4 April 2018
A passenger rides an Uber bike next to Grab drivers in Jakarta. (Photo by Shinya Sawai)
Business deals

Grab-Uber deal puts antitrust regulators in uncharted waters

Southeast Asian authorities review proposed tie-up of ride-hailing groups

4 April 2018
Perry Warjiyo, Indonesia's new central bank governor.
Economy

Indonesia's new central bank chief faces stability challenge

Parliament approves Warjiyo to keep lid on inflation and boost growth

3 April 2018
Indonesia has not raised retail prices for fuel despite rising costs, hurting state-owned oil company Pertamina.
Politics

Indonesia's Widodo backtracks on fuel aid as elections near

President looks to raise subsidies he had cut to fund infrastructure building

3 April 2018
Indonesia hopes to woo investors with an expansion of its tax holiday for growth industries.
Economy

Indonesia expands tax holiday to woo capital for growth

Bigger tax cut and simpler approval process seek to support manufacturing

3 April 2018
This is the beach made famous by the Leonardo DiCaprio movie "The Beach." Now officials are talking of annual months-long closures.
Economy

Boracay and Phi Phi islands to tell tourists not to come

Thai, Philippine and Indonesian resorts deal with environmental issues

1 April 2018
Indonesian President Joko Widodo revs up for a buggy drive at the Bogor Presidential Palace (Photo by Paulius Staniunas).
Interview

Indonesia's president confident of winning fight against extremism

Widodo shows calm determination ahead of elections

29 March 2018
A Chinese construction worker at the site of a Chinese-backed hotel complex in Colombo in October 2015
The Big Story

Is China's Belt and Road working? A progress report from eight countries

Beijing's infrastructure push clouded by project delays and mounting debt

28 March 2018
Massive traffic jams like this are a daily occurrence in Jakarta. (Photo by Ken Kobayashi)
Economy

Only bigger public investment can ease Asia's infrastructure shortages

Private funding is too small to close the gap in transport, energy and telecoms

27 March 2018
The Indonesian government's decision to restrict freedom of shipping threatens to make the country's coal exports less competitive.
Economy

Indonesia's protectionist shipping rule worries coal importers

Japanese charge violation of trade pacts and warn move will backfire

26 March 2018
Steel pipes waiting to be loaded and transferred to the port are seen at a steel mill in Hebei province, China.
Business trends

Asia braces for US tariffs causing flood of Chinese steel

India, Thailand and Indonesia prepare to aid own players against price drop

23 March 2018
The Kertajati airport in West Java, slated to open in mid-June, was "90% done" as of late February. (Photo by Takaki Kashiwabara)
Economy

Can a new airport put rural Indonesia on the map?

Government aims to build an economic hub in West Java but hurdles remain

22 March 2018
Workers at online retailer Lazada's warehouse in Indonesia.
Business trends

Alibaba counters Amazon's expansion in Southeast Asia

Injection of $2bn into Lazada will boost logistics network

19 March 2018
Apparel imports from ASEAN are growing, spurred by low labor costs in such countries as Vietnam.
Economy

Japan's import prices for daily goods sink further

Production shifts to Southeast Asia as wages rise in China

18 March 2018
Australian Prime Minister Malcolm Turnbull takes a selfie with a delegate in Sydney on March 16.
International relations

Australia courts Southeast Asia with unprecedented summit

Leaders to talk trade and security amid doubts about US, concerns about China

16 March 2018