Economy

A car departs for a road test with 40% palm-based biodiesel in Jakarta: Biodiesel is already the largest source of renewable energy in Indonesia.
Opinion

Indonesia's green-energy transition is serious business

Agribusinesses are replacing fossil fuels with waste byproducts

24 November 2022
People wade through a flooded street following heavy rain in the Philippines in October. The Asia-Pacific region has been hit hard by extreme weather this year.
COP27

AI weather forecaster sets sights on battered Asia-Pacific

CEO: Machine learning quickly adapts to extreme weather from climate change

20 November 2022
Indonesian President Joko Widodo gave an exclusive interview to Nikkei Asia on Thursday after his successful chairing of the G-20 summit in Bali this week. 
Interview

Indonesia bags pledges for $71bn from G-20 presidency: Jokowi

President plans 2036 Olympic bid to 'showcase' new capital Nusantara

18 November 2022
The central banks of Indonesia and the Philippines both raised rates on Thursday. (Source photos by Reuters) 
Economy

Indonesia, Philippines hike key rates in bid to tame inflation

Prices rising faster than central bank targets in both Southeast Asian nations

17 November 2022
Indonesian President Joko Widodo speaks during a news conference after the Group of 20 leaders summit in Bali, Indonesia, on Nov. 16.
G20 Summit

G-20 ends with missile in Poland aggravating war concerns

'Tough' debate over language on Ukraine in leaders' declaration, Jokowi says

16 November 2022
The Tanjung Priok port in Jakarta on Aug. 3. Indonesia's exports between January and September reached $219 billion, up 33% from the first three quarters of last year.
Economy

Indonesia's GDP grew 5.72% in July-September quarter

Economic growth accelerated from Q2, buoyed by exports of coal, palm oil

7 November 2022
Indonesian Investment Minister Bahlil Lahadalia says his country can offer value-added tax exemptions and swifter licensing for investors in the proposed new capital on the island of Borneo. (Photo by Rhyannon Bartlett-Imadegawa)
Interview

Indonesia to extend land permits up to '100 years' in Nusantara

Investment minister '100% certain' of finding investor funding for new capital

29 October 2022
Indonesian President Joko "Jokowi" Widodo visits construction sites in Nusantara on Oct. 25, citing "good progress." (Photo courtesy of presidential office)
Politics

Jokowi tries reassuring investors on Nusantara

Indonesia president offers tax holiday, stresses 'good progress' on new capital

26 October 2022
Indonesia's surging inflation in September forced the country's central bank to continue tightening monetary policy.
Economy

Indonesia hikes key interest rate to 4.75%, highest in over 2 years

Central bank keeps hawkish stance as inflation leaps to near 7-year high

20 October 2022
Indonesian ride-hailing and delivery company Gojek says offering more choice on meal sizes can help consumers and businesses better deal with inflation. (Photo courtesy of Gojek) 
Inflation

Indonesia's Gojek urges more food size choice to fight inflation

Segment head says smaller portions can save consumers money, avoid waste

11 October 2022
A worker at a state-owned Pertamina gas station in Bekasi, on the outskirts of Jakarta, updates the price display on Sept. 3 following the announcement of a fuel price hike.
Inflation

Indonesia inflation rate hit 7-year high of 5.95% in September

Increase exceeded central bank's target of 2% to 4% as oil prices surge

3 October 2022
The central banks of Indonesia and the Philippines have both been tightening to rein in inflation. (Source photos by Reuters) 
Economy

Philippines, Indonesia lift interest rates again to curb inflation

Taiwan and others also hike as Asian central banks follow U.S. tightening

22 September 2022
Vegetable vendors at a roadside market in Jakarta on Sept. 12. Indonesia is one emerging Asian economy that is forecast to grow faster than expected this year.
Economy

Emerging Asia growing faster than China for 1st time in 30 years

Indonesia, Philippines are bright spots but India, Pakistan faltering, says ADB

21 September 2022
Indonesian President Joko "Jokowi" Widodo decided to slash fuel subsidies starting Sept. 3, causing price hikes that sparked massive protests. (Source photos by AP and Reuters) 
Inflation

Jokowi's hard choice: 'Extreme' subsidies or 'political suicide'

Fuel bill may hit 25% in 2022 budget, forcing Indonesia to cut for fiscal health

18 September 2022
Indonesian President Joko "Jokowi" Widodo delivers his State of the Nation address ahead of Independence Day in Jakarta on Aug. 16.
Comment

Can Jokowi make capital relocation his legacy?

Fate of historic project hangs on results of 2024 presidential election

17 September 2022
President Joko Widodo is under pressure to help Indonesians cope with surging prices of fuel and other staples. (Nikkei montage/Reuters/AP)
Inflation

Indonesians' discontent over rising food and fuel prices grows

Widodo under increasing pressure to act to ease inflation pain

12 September 2022
A large crack is seen in a highway near the town of Kainantu, following a 7.6-magnitude earthquake in northeastern Papua New Guinea on Sept. 11.
11 September 2022
Philippine President Ferdinand Marcos Jr., left, chats with his Indonesian counterpart, Joko Widodo, in Bogor on Sept. 5. (Screenshot from Indonesian Presidential Palace's YouTube channel)
International relations

Philippines' Marcos meets Indonesia's Jokowi in 1st state visit

Southeast Asian leaders discuss regional security and economic cooperation

5 September 2022
U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi participate in the Indo-Pacific Economic Framework for Prosperity launch event in Tokyo on May 23. 
Indo-Pacific

Indo-Pacific nations to agree on better supply chain communication

IPEF draft statement for Sept. 8-9 meeting also includes push for clean energy

4 September 2022
Indonesian President Joko "Jokowi" Widodo is under pressure to tame domestic prices in the face of rising global energy and food costs.
Economy

Indonesian inflation eased to 4.69% in August, still above target

Jokowi urges home minister to act on high prices at regional level for social stability

1 September 2022
Some potential Nusantara investors are holding onto their money until Indonesian President Joko Widodo paints a "big picture" of what he envisions.
Asia Insight

Jokowi struggles to drum up investors for new Indonesia capital

As SoftBank withdraws, Japan Inc. takes wait-and-see approach to $30bn project

30 August 2022
Indonesia wants to capitalize on its huge nickel reserves as the world moves toward electric vehicles.
Commodities

Indonesia's high-carbon nickel key challenge in global EV uptake

Coal still powers China-led battery grade projects amid renewables plan

26 August 2022
The hike comes as the Indonesian economy has yet to fully recover from the effects of COVID-19. (Photo by Ken Kobayashi)
Economy

Indonesia raises policy rate to 3.75% as inflation speeds up

Central bank's first hike since 2018 follows tightening by U.S., ASEAN neighbors

23 August 2022
Indonesian President Joko Widodo, dressed in traditional attire from the Bangka Belitung Islands, gestures as he delivers his state of the nation address on Aug. 16.
Economy

Indonesia eyes 5.3% growth, cuts to fiscal deficit in 2023

Elections, capital move are priorities in next year's budget plans

16 August 2022
Growing interest in investing among Indonesians has made them more vulnerable to online scams, experts say. (Source photos by Reuters and Takaki Kashiwabara)
Market Spotlight

Indonesia's rising appetite for online investment attracts scams

Growing middle class in ASEAN's biggest economy seen prone to being cheated

15 August 2022