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President Jokowi threatened to remove the ambassadors if Indonesia's exports in the countries where they served not occupy the target.
Indef said the Indonesian economy was relatively stable amid the potential for global recession.
Minister Erick Thohir said he expected Sarinah department store to be the center of small and medium enterprises (SMEs).
President Jokowi stated that the contribution to the country's export was still dominated by large businesses with a total ratio of up to 85.6 percent
Sandiaga Uno asked entrepreneurs to constantly innovate in 2020 to maintain and further develop the country's economy.
President Jokowi expected the new capital city to be designed as a transformation towards a smart economy country.
BKPM chief Bahlil said the investment of South Korean-based Hyundai Motor Company in Indonesia (RI) amounting to US$1.55 billion.
Finance Minister Sri Mulyani Indrawati said the government focuses on strategies to create a supportive investment climate.
Coordinating Minister Airlangga Hartarto has introduced Omnibus Law to United State's officials and businesses today, Nov. 21.
President Jokowi was optimistic that the current account deficit and trade balance sustained by Indonesia for decades could be settled within 3 years.
Right now, Indonesia has a GDP of just US$1 trillion.
At a time when the economy is sluggish, the collection of taxation revenues is poor. There is a need for a proper budgeting policy.
Bank Indonesia Governor Perry Warjiyo projected that the halal food industry will be worth US$1.8 trillion by the end of 2023.
U.S. Commerce Secretary Wilbur Ross said on Wednesday Washington's review of a trade preference facility for Indonesia would conclude soon.
President Jokowi said that in the wake of economic slowdown, the country's current account deficit or CAD should be narrowed down.
Coordinating Minister Airlangga Hartarto said Indonesia still had a strong economic condition, so it would not be affected by a recession.
Finance Minister Sri Mulyani said that Indonesia was dealing with two blows throughout 2019 due to the declining growth of the global economy.
The Indonesian manufacturing industry's Purchasing Managers Index (PMI) showed a dropping trend according to an IHS Markit report.
President Jokowi held a brief meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva.
The central statistics agency noted slowing production growths in large and medium manufacturing industries over the last two years.
