Indonesian President Joko Widodo is rebooting. The president, known as Jokowi, revamped his economic team in a cabinet reshuffle on Wednesday as China's currency devaluation spurred further declines in the rupiah.

Welcoming President Joko Widodos move to reshuffle his working cabinet, the parliament said that it gave new hope amid the country's slowing economic growth. "It gives us new hope. The president must have evaluated the work of his ministers," House Speaker Setya Novanto said in response to the...

The Indonesian government is making great strides to embrace more evidence-based policy making. Yet these policies, however forward-thinking, will have little uptake unless three key mechanisms are put in place.

Indonesia's finance minister said he would coordinate with the central bank to "guard" bonds amid economic turmoil that saw the rupiah tumble yesterday to its lowest level since 1998. The rupiah slid 1.4 per cent, the most since Dec 15, to close at 13,788 a US dollar, prices from local banks show.

The country is on the verge of an Indonesia oil and gas crisis, according to industry players and observers. The Indonesian Petroleum Association (IPA) revealed that Indonesia oil and gas production has been continuously declining, which, coupled with the ever-increasing oil demand, could lead to...