The micro, small, and medium enterprises (MSMEs) of Indonesia are an interesting phenomenon. Why? Well, let’s take a look at three remarkable statistics: Indonesian MSMEs contribute slightly over 61 ...

Last month we started our inflation update stating that “the global threat of inflation has not reached Indonesia yet”. One month later, it now seems that a high inflation cycle has arrived in ...

One characteristic of the Indonesian economy is that the state-owned enterprises (SOEs) play an important role in this USD $1.0 trillion economy. They not only play an important role because some of ...

The textile and textile products industry (which includes garments or clothes) is a very important one for the Indonesian economy because this industry ranks among the country’s biggest foreign ...

In last month’s report we saw that Indonesia’s official economic growth rate was (in line with expectations) quite strong at 5.11 percent year-on-year (y/y) in Q1-2024. Moreover, last month we also ...

Indonesia is a country of over 276 million people and is one of the fastest-growing eCommerce markets in Southeast Asia. As a business, it's hard not to notice the immense potential of this market.

Moody's Investors Service, a global bond credit rating agency, assigned a definitive rating of Baa3 (stable outlook) to Indonesian government notes maturing in 2025 and 2045 (these notes are issued ...

Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia confirmed in Indonesian media that, per 1 January 2025, the mandatory B40 biodiesel program was imposed across Indonesia. Earlier, ...

On March 31, 2015, Bank Indonesia issued regulation number 17/3/PBI/2015 concerning Mandatory Use of Rupiah in the Territory of Indonesia (BI Regulation). In the much discussed Law number 7 of 2011 ...

Indonesia’s inflation rate was unusually mild in May 2020. According to the latest data from Statistics Indonesia (BPS), the country’s consumer price index (CPI) stood at 0.07 percent month-on-month ...

It is time to turn our attention to tax, again, as we detected a number of interesting developments in Indonesia (related to tax) over the past couple of months. First of all, something that is quite ...

In April 2025 Indonesia experienced another month of steep inflation as the effects of the central government’s generous 50 percent electricity rate discount program in January-February 2025 was ...