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Indonesian economy

Indonesian Parliament passes Bill to spur setting up of international financial centres

Following the enactment of the legislation, Jakarta will establish a supervisory board and a dedicated governmental body for the financial centres.
Following the enactment of the legislation, Jakarta will establish a supervisory board and a dedicated governmental body for the financial centres.

Second China Shock? Wait till you see Version 3.0

Many countries are struggling to cope with China’s prowess in manufacturing. Now, it is poised to become a significant player in the services sector.
Many countries are struggling to cope with China’s prowess in manufacturing. Now, it is poised to become a significant player in the services sector.

Prabowo touts Batam as Indonesia’s next global maritime, investment gateway

Indonesian President Prabowo Subianto (centre) emphasised that Batam should serve as a national model for downstream industrialisation, investment acceleration, regulatory reform and logistics efficiency.
Indonesian President Prabowo Subianto (centre) emphasised that Batam should serve as a national model for downstream industrialisation, investment acceleration, regulatory reform and logistics efficiency.

Indonesia mulls over 0% income tax to draw money to new financial hub

Lawmakers and the government are deliberating the proposal and aim to pass it into law in the coming weeks. 
Lawmakers and the government are deliberating the proposal and aim to pass it into law in the coming weeks. 

‘Strategically aligned’: Singapore, Indonesia want Strait of Malacca open and free for all, say leaders

Prime Minister Lawrence Wong and Indonesian President Prabowo Subianto at the annual Singapore-Indonesia Leaders’ Retreat in Jakarta on July 6.
Prime Minister Lawrence Wong and Indonesian President Prabowo Subianto at the annual Singapore-Indonesia Leaders’ Retreat in Jakarta on July 6.

Singapore, Indonesia sign carbon credits pact to deepen green cooperation

Prime Minister Lawrence Wong (second from left) and Indonesian President Prabowo Subianto (second from right) witnessing the signing of a memorandum of understanding by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong (left) and Indonesia’s Minister of Environment and Head of the Environmental Control Agency, Mohammad Jumhur Hidayat.
Prime Minister Lawrence Wong (second from left) and Indonesian President Prabowo Subianto (second from right) witnessing the signing of a memorandum of understanding by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong (left) and Indonesia’s Minister of Environment and Head of the Environmental Control Agency, Mohammad Jumhur Hidayat.

Indonesia posts first trade deficit in 6 years

The last time Indonesia’s monthly imports exceeded exports was in April 2020.
The last time Indonesia’s monthly imports exceeded exports was in April 2020.

Indonesia police charge four after anti-government protest in Surabaya

Riot police put out a fire during following clashes during protest against a rise in non-subsidised fuel prices, inefficient government spending and military involvement in civilian affairs.
Riot police put out a fire during following clashes during protest against a rise in non-subsidised fuel prices, inefficient government spending and military involvement in civilian affairs.

Indonesia to cut spending further on free-meals scheme: Minister

The flagged lower spending comes as Jakarta seeks to reduce pressure on its budget position
The flagged lower spending comes as Jakarta seeks to reduce pressure on its budget position

House leaders in Indonesia meet student protesters in rally against fuel prices, free meals

Protesters with posters of Indonesian President Prabowo Subianto and Vice-President Gibran Rakabuming Raka outside the provincial parliament building in Surabaya on June 19.
Protesters with posters of Indonesian President Prabowo Subianto and Vice-President Gibran Rakabuming Raka outside the provincial parliament building in Surabaya on June 19.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.