Indonesia’s Move Towards De-dollarization Through Local Currency Settlement

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Indonesia has been discussing the issue of de-dollarization, but it turns out that since 2017, the country has been working with trading and investment partners to carry out the 'dollar dump' initiative. At the...

Government Collects Rp224.8 Trillion in New Debt in First Quarter of 2023

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The government has been raising new debt in the first three months of this year, with a total of Rp224.8 trillion ($15.3 billion) collected, representing 32.3% of the target and an increase of 49.8%...

Health Ministry: Arcturus Subvariant Still Under Monitoring

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The Ministry of Health of Indonesia (Kemenkes) has classified the Omicron XBB.1.16 subvariant, also known as Arcturus, as a variant under monitoring (VUM). According to Mohammad Syahril, a spokesman for Kemenkes, this classification indicates...

Jokowi Affirms Indonesia’s Focus on Industrialization and Green Economy at Hannover Messe

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President Joko Widodo has highlighted Indonesia's current focus on the development of the downstream industry and green economy. The President made this statement during his attendance at the Hannover Messe industrial exhibition 2023 in...

Indonesia Achieves 35 Consecutive Months of Trade Balance Surplus

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Indonesia has once again achieved a noteworthy accomplishment in its trade industry. According to the latest release, Indonesia's trade balance has recorded a surplus for 35 consecutive months until March 2023. The surplus of...

Jakarta: Growing Population and Uninhabitable Living Conditions

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The capital city of Indonesia, DKI Jakarta, has always been an attraction for people to seek career opportunities and try their luck. As the main economic center of the country, Jakarta has become increasingly...

Finance Minister Ensures Indonesia’s Economy Remains Strong Amidst Global Challenges

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The Indonesian Finance Minister, Sri Mulyani Indrawati, has assured that Indonesia's economy is still in good shape amidst the ongoing global economic uncertainty. In a press conference on Monday, April 17, 2023, she stated,...

Indonesia to Join G7 International Climate Club, Chancellor Scholz Says

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The Chancellor of Germany, Olaf Scholz, has announced that Indonesia will be joining an international climate club formed by G7 countries. The club, established last year, focuses on tackling global warming worldwide. As quoted...

Indonesia’s Import Value Increases by 29.33% in March 2023

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According to the latest release from the Central Statistics Agency (BPS), Indonesia's import value in March 2023 reached $20.59 billion, an increase of 29.33 percent compared to February 2023. The Deputy of Methodology and...

Jokowi Secures Investment Commitment from European Companies

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Indonesia's President Joko Widodo, popularly known as Jokowi, has secured investment commitments for the processing of nickel ore into electric batteries from three major European companies. These companies are BASF, Eramet, and Volkswagen through...