#Economy
Bank Mandiri welcomes BI rate cut, strengthens focus on healthy, inclusive credit growth
State-owned Bank Mandiri has welcomed the Indonesian Central Bank’s (BI) decision to lower the benchmark BI Rate by 25 basis points to 5.00 percent, calling it an accommodative step to maintain economic stability amid global uncertainties.
Biodiversity seen as pillar of sustainable Economy: Development Planning Minister
Minister of National Development Planning (PPN)/Head of the National Development Planning Agency (Bappenas), Rachmat Pambudi, emphasize that biodiversity is not merely a matter of conservation but a critical foundation for sustainable economic development.
Indonesia projected to gain US$300 billion in GDP boost from AI by 2030
Indonesia is expected to benefit the most from artificial intelligence (AI) among Southeast Asian countries, with a potential boost of up to US$300 billion to its GDP by 2030, according to industry estimates.
Indonesia’s Q2 2025 economic growth hits 5.12 percent, but impact remains elusive
A market analyst has challenged the accuracy of the 5.12 percent year-on-year (yoy) growth of Indonesia’s economy in the second quarter (Q2) of 2025 as reported by Statistics Indonesia (BPS), asking whether this growth is truly reflected in the daily lives of ordinary citizens.
Sri Mulyani defends BPS’s Q2 2025 GDP growth data
Finance Minister Sri Mulyani Indrawati has come to the defense of Statistics Indonesia (BPS) against growing skepticism from economists over BPS’s report on Indonesia’s second-quarter economic growth figure of 5.12 percent year-on-year, released earlier this week.
Indonesia’s Q2 2025 economic growth hits 5.12%, rupiah moves in optimism
Statistics Indonesia (BPS) has revealed that Indonesia’s economy grew 5.12 percent year-on-year in the second quarter (Q2) of 2025, a stronger-than-expected performance that has sparked mixed reactions in the financial markets regarding the future movement of the rupiah.
Economy grows 5.12 percent in Q2 2025, driven by household spending, investment
Statistics Indonesia (BPS) has reported that Indonesia's economy grew by 5.12 percent year-on-year (YoY) in the second quarter of 2025, mainly supported by household consumption and gross fixed capital formation (GFCF).
President Prabowo leads strategic economic briefing amid global uncertainty
President Prabowo Subianto chaired a closed-door meeting with the National Economic Council (DEN) at his private residence in Hambalang, Bogor Regency, on Thursday, July 31, 2025, focusing on evaluating the national economic landscape and setting the government’s strategic policy direction for the future.
ADB President urges SE Asia to seize global uncertainty as catalyst for domestic reform
Asian Development Bank (ADB) President Masato Kanda has called on Southeast Asian nations, including Indonesia, to turn rising global economic uncertainty and trade tensions intensified by U.S. President Donald Trump’s tariff policies into opportunities for deep domestic reform and economic modernization.
President Prabowo slams greedy business practices, coining term “Serakahnomics”
President Prabowo Subianto has issued a scathing rebuke of unethical business practices in Indonesia, accusing certain business groups of exploiting the suffering of the people for profit, coining the term “Serakahnomics” to describe a blended behavior of the Indonesian word serakah (greedy) and economics.
Prabowo launches village and urban cooperatives focusing on key sectors
President Prabowo Subianto launched the Red-and-White Cooperatives (Kopdes and Kopkel) program in Klaten, Central Java, on Monday, July 21, 2025, with a simultaneous rollout in 108 locations and aims to gradually establish 80,081 cooperatives in villages and urban neighborhoods across Indonesia.
Trump reinstates reciprocal tariffs on 14 nations, including Indonesia, starting August
U.S. President Donald Trump has announced the reimposition of reciprocal import tariffs on 14 countries, including Indonesia, effective Friday, August 1, 2025.