Press Release & Statement
More Tourist, Less Profit: Indonesia's Tourism Paradox
“Travel activity in Indonesia continues to increase, a data from Statistics Indonesia (BPS) recorded 12.01 million international tourist arrivals between…”
Read Full Press Release →Beyond Inflation, Rising Food Prices Put Further Strain on Indonesia’s Economy
Food prices remain Indonesians' foremost economic concern. Poltracking's August survey found 44.3% of respondents identifying expensive basic necessities as…
IES 2027 Highlights the Challenge of Turning Economic Growth into Public Prosperity
Jakarta, 13 October 2026 — The Indonesian Business Council (IBC) , an independent, non-profit association with members from the Indonesian business leaders in…
Indonesia's Data Center Growth Needs More Than Investment
Indonesia's growing artificial intelligence (AI) economy is driving demand for data centers, creating new investment opportunities across the country's digital…
Rice Supply Under Pressure: When Price Controls Meet Rising Costs
Tensions around the Strait of Hormuz are adding a new layer of pressure to Indonesia’s rice market, already strained by El Niño. The recent disappearance of…
Higher Fed Rates, Narrower Policy Space
The U.S. Federal Reserve’s latest rate hike could leave Indonesia facing a difficult policy trade-off: defending the rupiah while trying to deliver the…
What Does Indonesia’s Finance Minister's Change Mean for Business?
Indonesia’s latest change at the Ministry of Finance puts fiscal policy back under scrutiny. President Prabowo Subianto appointed Suahasil Nazara as Finance…
The Real Test of Indonesia’s Growth
Indonesia aims to create between 2.57 million and 3.49 million new jobs in 2027. At the same time, around 60 percent of the country’s workers remain in…
Indonesia’s Next Digital Trade Challenge Is Interoperability
ASEAN’s conclusion of negotiations on the Digital Economy Framework Agreement (DEFA) in May 2026 marks a shift from rule-making to implementation. With the…
