A drone view shows houses damaged following flashfloods in Rua village, Ternate, North Maluku province, Indonesia on Aug. 25. (Antara Foto/Andri Saputra/via Reuters)
Natural disasters

Floods in Indonesia's North Maluku kill 13, two injured

Disaster management agency warns heavy rain may continue in next few days

25 August 2024
Indonesian President Joko "Jokowi" Widodo attends the country's official Independence Day ceremony on Aug. 17 in Nusantara, the future capital. (Photo by Dimas Ardian)
Politics

Indonesia holds first Independence Day event in new capital

1,400 guests attend scaled-back event in Nusantara

17 August 2024
Outgoing Indonesian President Joko 'Jokowi' Widodo speaking to parliament on Friday, a day before the nation's Independence Day celebrations.
Economy

Indonesia forecasts smaller budget deficit of 2.53% of GDP in 2025

Contraction despite 9% rise in expenditure to fund Prabowo's policies

17 August 2024
Workers construct a pedestrian walkway near the State Palace and the eagle-shaped Garuda Palace in Indonesia's new capital Nusantara on Borneo.
Business trends

Indonesia's new capital Nusantara attracts increased investor interest

Prabowo asserts support for project amid private sector doubts

14 August 2024
Household consumption makes up half the Indonesian economy. (Photo by Ken Kobayashi)
Economy

Indonesia's economy grew 5.05% in Q2

Southeast Asian nation's GDP expands as holiday demand, foreign tourists spur growth

5 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
Indonesian President Joko "Jokowi" Widodo hands a "golden visa" certificate to Shin Tae-yong, a South Korean who coaches Indonesia's national soccer team. (Photo by Ismi Damayanti)
Politics

Indonesia launches 'golden visa' program to attract business investment

Pricey permits might also reduce the number of digital nomads living in Bali

25 July 2024
Staff from housekeeping services provider Bears. While a severe labor shortage in Japan means many companies are keen to hire from overseas, comparatively low wages and the historically weak yen are blunting the country's appeal. (Photos by Yuji Murakami and Ryosuke Matsui)
Asia Insight

Japan's new enemy in fight to lure immigrant workers: The tumbling yen

Visa rules eased, but currency weakness tarnishes Japan's appeal for overseas hires

16 July 2024
Indonesian and U.S. flags flying alongside in Jakarta. Indonesia is rich in nickel, copper and bauxite, and keen to promote itself as a production hub for batteries and electric vehicles.
International relations

U.S. approaches Indonesia to join Mineral Security Partnership

EU and 14 countries already collaborating on critical mineral supply chains

15 July 2024
Toyota's electric vehicle bZ4X was on display last August at the Gaikindo Indonesia International Auto Show. Japanese carmakers have long dominated the Indonesian market.
Your Week in Asia

China 'third plenum' meeting, ADB economic outlook, Indonesia Auto Show

Your weekly lineup of Asia's biggest business and political events

14 July 2024
A textile market in Jakarta: The Indonesian government plans to impose new import tariffs on clothing, textiles and other products to protect local industries.
Economy

Indonesia business lobby says tariffs 'not solution' for industry

Head of chamber of commerce calls for fair competition to grow SMEs

6 July 2024
A worker takes a reading at a power transmission and distribution center near Jakarta.
Energy

Japan commits to ASEAN power grid project to counter China

PM Kishida to reveal details of 10-year plan as utilities seek slice of market

2 July 2024
Workers shift containers at a port in Indonesia. The country mainly imports apparel and clothing accessories from China, Vietnam and Bangladesh, data from the statistics bureau shows.
Trade

Indonesia to levy 100-200% duties on clothing, ceramics, minister says

Tariffs could also soon affect imports of footwear, textiles and cosmetics

29 June 2024
Indonesian Finance Minister Sri Mulyani Indrawati says President-elect Prabowo Subianto's free school lunch program will not affect the country's budgetary deficit target next year.
Economy

Indonesia looks to curb cost concerns over Prabowo's free meal program

Finance minister says budgetary deficit will stay under 3% of GDP in 2025

24 June 2024
Indonesian rupiah recently fell to 16,415 against the dollar, the lowest in four years and two months. (Photo by Ken Kobayashi)
Economy

Indonesia maintains key interest rate at 6.25% as rupiah slumps

Lack of change comes as inflation stays within central bank's target range

20 June 2024
Indonesian President Joko Widodo speaks about Indonesia's planned new capital, Nusantara, in Singapore, in June 2023.
Politics

Indonesian officials' departure reveals turmoil in capital relocation

Outgoing President Jokowi's legacy project hits snag two months before move

17 June 2024
A general photo of street in New Delhi. India is set to remain the world's fastest growing large economy. (Photo by Suzu Takahashi)
Economy

India to remain fastest growing big economy in 2024, World Bank says

Global expansion to hold steady at 2.6%; U.S. presidential election a risk for Asia

11 June 2024
Some 50 years after the first modern-day Japanese convenience store opened in Tokyo, players like 7-Eleven need expansion in countries such as Thailand, pictured above, as their domestic market is set to shrink.
Business Spotlight

Japan's convenience store chains chase elixir of growth across Asia

Indonesia, Thailand, China in focus as retailers face aging, shrinking home market

7 June 2024
Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto speaks at the Future of Asia forum in Tokyo on May 24. (Photo by Yuki Kohara)
The Future of Asia 2024

Indonesia to apply for CPTPP membership this year: minister

Multinational trade pact is 'low-hanging fruit' compared with traditional FTAs, Hartarto says

24 May 2024
An oil refinery in Tomakomai, Japan is the site of a key carbon dioxide storage demonstration project: The country's initial CO2 storage plan comprises five domestic and two overseas sites.
Opinion

Japan cannot make CO2 disappear just by exporting it

Plans for overseas storage must involve taking permanent responsibility

14 May 2024
People wait to break their fast during the holy month of Ramadan in Jakarta on March 13: Household spending lifted Indonesia's economy in the first quarter, the central bank said.
Economy

Indonesia's GDP growth accelerates to 5.11%, beats economist forecasts

Consumption climbs 4.91%, buoyed by spending during mammoth elections

6 May 2024
A clerk prepares Indonesian rupiah bank notes at a money-changer in Jakarta.
Economy

Indonesia hikes key interest rate to 6.25% as rupiah slumps

Central bank to continue interventions to maintain currency stability

24 April 2024
Finance Minister Sri Mulyani Indrawati's drive against corruption and her measures to improve state finances have had positive effects across Indonesia. (Pool via Reuters)
Opinion

Indonesia's next finance minister will have big shoes to fill

Prabowo's spending plans would put fiscal targets at risk

19 April 2024
Sojitz has signed a $290 million contract with Jakarta Mass Rapid Transit to extend the Indonesian capital's subway system. (Photo by Ken Kobayashi)
Transportation

Indonesia awards Jakarta MRT extension project to Japan's Sojitz

Trading house to work with India's L&T on the $290m construction

18 April 2024