Indonesia

A geothermal power plant in Indonesia. Japan will provide loans to help the country accelerate its transition to clean energy. (Photo obtained by Nikkei)
Climate Change

Indonesia's PLN to receive $200m Japanese loan for renewable energy

Deal to be signed Friday under Asia Zero Emission Community initiative

3 March 2023
Among the presidential candidates who criticize the policies of Indonesian President Joko "Jokowi" Widodo (right), former Jakarta Gov. Anies Baswedan currently leads in opinion polls.
Asia Insight

Indonesia pre-election jostling threatens Jokowi's economic agenda

From Nusantara to EV batteries, president faces uphill battle to secure legacy

28 February 2023
The Tim Hortons coffeeshop chain, based in Canada, has over 5,600 locations worldwide.
Food & Beverage

Tim Hortons coffee chain expands to Singapore, Malaysia in Marubeni pact

Japan trading house to open hundreds of shops in Southeast Asia, including Indonesia

28 February 2023
Pertamina Geothermal Energy is the first unit of the state-owned oil and gas giant to go public in many years. 
IPO

Indonesia's Pertamina Geothermal shares end first trading day flat

Nation's wealth fund, Abu Dhabi's Masdar among investors in oil giant's subsidiary

24 February 2023
Indonesian President Joko Widodo, right, meets with China's Foreign Minister Qin Gang in Jakarta on Feb. 22. (Photo courtesy of Presidential Secretariat)
International relations

Jokowi seeks support from China for Indonesia's new capital

Beijing's new foreign minister vows Belt and Road projects to finish 'on schedule'

22 February 2023
The NYSE already has a presence across key Asian cities, which it hopes to expand as it targets India, Indonesia and Vietnam.
DealStreetAsia

New York Stock Exchange sets sights on Southeast Asia, India

U.S. bourse looking to encourage more share offers from Asia

22 February 2023
Indonesian President Joko "Jokowi" Widodo talks during an interview with Reuters in Jakarta on Feb. 1. 
Myanmar Crisis

Can Jokowi build a legacy out of Myanmar crisis?

Hopes high for Indonesia's role in restoring order in embattled country

19 February 2023
South Korea's Hyundai is one of the automakers with high hopes for Indonesia's market participating in the Indonesia International Motor Show, here displaying its Ioniq 5 electric vehicle. (Photo by Erwida Maulia)
Automobiles

Hyundai, Wuling among manufacturers eyeing EV jump in Indonesia

China's DFSK announces local production as more brands debut in growing market

17 February 2023
The challenge for startups in the recycling sector is raising money at a time when investors are being held back by global macroeconomic uncertainties, rising interest rates and inflationary pressures. (Photo courtesy of The Incubation Network)
Business Spotlight

ASEAN's garbage economy: Startups turn plastic waste into consumer goods

Trash is transformed into chairs in Indonesia, floor tiles in Vietnam

17 February 2023
Sirclo offers companies an online store dashboard and other services. (Screenshot from Sirclo YouTube page) 
16 February 2023
Onions are displayed at a public market in Manila in January, when inflation hit a 14-year high of 8.7%.
Economy

Philippines raises key interest rate to 6%, Indonesia holds steady

Manila's hike of 50 basis points follows fastest price rises in 14 years

16 February 2023
Fumio Kishida, left, shakes hands with Joko Widodo in Nusa Dua, Bali, in November 2022: Japan must make an extra effort to be chosen as a viable economic partner.
Opinion

Japan must show why it should stay Indonesia's partner of choice

Two nations have much room to take advantage of commonality and complementarity

16 February 2023
Indonesia wants to form closer ties with India, Finance Minister Sri Mulyani Indrawati tells Nikkei Asia. (Photo by Kosuke Imamura) 
Interview

Indonesia seeks closer India ties to strengthen Global South role

Developing countries 'source of solution' for world problems: Finance Minister

14 February 2023
Combined profits at Indonesian state-owned companies, which include Garuda Indonesia and Bank Rakyat Indonesia, jumped last year. (Source photos by Reuters and AP) 
Companies

Indonesian state companies' profit jumps in 2022, led by banks

But builders, national airline face debt problems amid bleaker 2023 prospects

14 February 2023
Ferdy Sambo, a former Indonesian police general accused of murder, during his trial at South Jakarta District Court in Jakarta. 
Politics

Former Indonesian police general gets death for killing subordinate

Latest law enforcement scandal as national anti-graft ranking plummets

13 February 2023
East Timor's Prime Minister Taur Matan Ruak, who is also a former East Timor independence fighter, and Indonesian President Joko Widodo wave to photographers as they meet at the Presidential Palace in Bogor, Indonesia, Feb. 13.
International relations

Indonesia, East Timor to expand economic ties at two border islands

Jokowi pledges to help East Timor develop human capital to enter ASEAN

13 February 2023
Indonesian Foreign Minister Retno Marsudi, right, welcomes here East Timorese counterpart, Adaljiza Magno, during the 32nd ASEAN Coordinating Council meeting in Jakarta on Feb. 3.
International relations

East Timor faces economic challenges ahead of joining ASEAN

Talent, financial deficits weigh on tiny state also caught up in China-U.S. tussle

12 February 2023
Trials of Indonesia's high-speed railway, which can operate at speeds of up to 360 kph, are scheduled to begin at the end of May.
Transportation

Indonesia high-speed railway still beset by problems

Safety, profitability and accessibility issues haunt $6bn China-led project

11 February 2023
Young families in Indonesia are opting for premium-priced diaper products. (Photo obtained by Nikkei)
Consumer

Japan, U.S. diaper makers vie for growing Indonesian market

Unicharm, Kimberly-Clark Softex carve out niches as China slows

10 February 2023
A man carries a fishing net after collecting clams near an abandoned mosque that has been claimed by the sea in Jakarta's Muara Baru district in August 2021. Indonesia's capital is one of the world's fastest-sinking cities, afflicted by out-of-control development and rising sea levels caused by global warming. (All photos by Garry Lotulung)
Life

The drowning land: Indonesia's climate crisis

Parts of the country's coastline are disappearing as sea levels rise

10 February 2023
Singapore had just three public listings on the bourse's main board last year, raising $389 million in funds, according to Deloitte.
Markets

SGX eyes lift from China's reopening as listings lag ASEAN peers

Singapore Exchange logs $178.6 million net profit amid flagging IPO stream

9 February 2023
A worker collects fresh fruit bunches during harvest at a palm oil plantation in Indonesia.
Commodities

Indonesia shakes palm oil market again, eyeing biodiesel over exports

Jakarta pushes to boost domestic use as EU steps up deforestation battle

8 February 2023
Indonesian health tech startup Klinik Pintar has big expansion plans. (Photo courtesy of Klinik Pintar) 
Health Care

Indonesia's Klinik Pintar aims to add 100 digital-driven clinics

Ambitious startup seeks higher productivity in analog-heavy health industry

7 February 2023
eFishery controls feeding routines via smartphone at the company's lab in Bandung, Indonesia. (File photo by Shinya Sawai)
DealStreetAsia

Indonesia's eFishery to increase focus on U.S. in exports push

Startup seeks to expand operation to overseas as Vietnam, Thailand and India

6 February 2023
Containers at the Tanjung Priok port in Jakarta on Aug. 3, 2022. Indonesia's economy last year grew at the fastest pace since 2013.
Economy

Indonesia's GDP grew 5.31% in 2022, hitting 9-year high

Economic growth back to pre-COVID level but global slowdown weighs on 2023 outlook

6 February 2023