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SBY suggested the government of President Joko "Jokowi" Widodo take two major steps to maintain economic growth.
National Development Planning Minister Suharso Monoarfa proposed three regions to be named as the international fish market in a bid to boost growth.
Bank Indonesia stated that one of the strategies to boost the country's economic growth is through the availability of adequate infrastructures.
Finance Minister Sri Mulyani Indrawati said the government focuses on strategies to create a supportive investment climate.
Right now, Indonesia has a GDP of just US$1 trillion.
Finance Deputy Minister Suahasil Nazara considered the national economic growth at 5.02 percent a form of national resilience amid global uncertainty.
Bank Indonesia (BI) recorded some Rp12.03 trillion in foreign capital has flown into Indonesian markets within the past week.
Manpower Minister Hanif Dhakiri has inked a circular letter on the minimum wage of provinces (UMP) and regencies/cities (UMK) in 2020.
The Indonesian government is encouraging the development of creative industry particularly fashion to support the national economy.
Bappenas says that the new capital city project could boost Kalimantan's economic growth.
Industry Minister Airlangga Hartarto positively welcomed the inauguration of Esemka car assembly plant in Boyolali, Central Java.
On Wednesday, September 4, President Joko Widodo or Jokowi held a limited meeting for talks of steps to face global economic recession.
DPR deputy speaker Fadli Zon said President Jokowi set an unrealistic target that the relocation of the capital city will meet for completion in 2024.
Bank Indonesia decided to lower the benchmark 7-day reverse repo (7DRR) rate by 25 bps to 5.5 percent.
Bappenas' deputy for economic affairs, Bambang Prijambodo, criticized the effectiveness of the State Budget (APBN) realization every year.
Bank Indonesia (BI) Governor Perry Warjiyo is upbeat that Indonesia's economic growth will continue to climb.
Bank Mandiri director Hery Gunardi outlined that Indonesia has many investment products: government debt papers (SBN), state retail bond (ORI), etc.
According to Sri Mulyani, the present problem is not about the direction of the development, but rather its speed.
The government predicts that this year's economic growth would only reach 5.2 percent.
HSBC survey found that 98 percent of corporations in Indonesia predicting short-term business growth for the next year or two.
