Investor confidence has been shaken by mounting risks from China and Hong Kong to Thailand. While some economists are cautiously optimistic, others are more wary.

Indonesia bets for a consistent 5-percent GDP growth amidst massive external uncertainties.

Indonesia’s top official threatened to cancel the partnership.

Between the yuan, local currencies, and BRICS, possible new currency.

The global economy seems to slide from one crisis to another. Recovering from the COVID-19 scare, economies around the world are now facing possible recession next year.

The government has set regional minimum wages in 2023 through the Manpower Ministerial Regulation No. 18/2022 on 2023 minimum wages, allowing local administrations to increase the minimum wage limit by up to ten percent.

Many loopholes and constraints exist in Indonesia's JETP deal so that Indonesia or donor countries can backslide from commitments, and funding deals may be revised.

Mass layoffs are starting in Indonesia. As digital startup companies went bankrupt and cut employees some time ago, now the threat spilled over to other labor-intensive sectors.

Countries worldwide face economic shocks and high inflation due to rising energy costs and the expected global food crisis in 2023. Indonesia plans to raise awareness about these issues in the upcoming G20 summit.

Where will the next financial crisis begin?