Non-discretionary (necessity) goods are considered inelastic, meaning that even if the household's income falls or the price ...

The demonstrations put heavy pressure on Indonesian President Prabowo Subianto, who acted swiftly by changing the composition ...

While the electric vehicle (EV) is not a new invention but has a history that stretches back much further than most people realize (in fact even predating the gasoline car), this type of car ...

After the Indonesian government had stopped its IDR 7 million (approx. USD $425) discount program for electric motorcycles at the start of 2025, stakeholders in this industry are now waiting for new ...

This was confirmed by Airlangga Hartarto, Indonesian Coordinating Minister for Economic Affairs, who stated that the implementation of the government's flagship programs will continue to be ...

After the Indonesian government had stopped its IDR 7 million (approx. USD $425) discount program for electric motorcycles at the start of 2025, stakeholders in this industry are now waiting for new ...

Adis Dimension Footwear, the local Indonesian unit of American multinational footwear and sportswear manufacturer Nike Inc, announced it is preparing a new USD $60 million factory in Majalengka (West ...

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 ...

In Indonesian media it was reported that Sandiaga Uno, who is Indonesian Minister of Tourism and Creative Economy, stated that the country managed to collect a total of USD $10.46 billion in foreign ...

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 ...

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 ...

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.