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News
Ringgit at a 10-Month Low Against Singdollar: What's Behind the Drop?
3+ day, 8+ hour ago (806+ words) September 11, 2026 | 09:39 am TEMPO.CO, Jakarta - The Malaysian ringgit fell to a 10-month low against the Singapore dollar on September 9, reaching 3.22 per Singapore dollar. Some Singaporeans welcome the decline, saying the favourable exchange rate could encourage more trips and spending across…...
How El Nino Rings Food Inflation Alarms Across ASEAN
3+ day, 21+ hour ago (849+ words) September 10, 2026 | 08:45 pm TEMPO.CO, Jakarta - ASEAN countries are bracing for inflation as El Nino forces rising prices of rice, wheat, corn, and vegetable oil, according to OCBC Group Research on Wednesday, September 9, as quoted from Antara, citing Xinhua. Lavanya Venkateswaran,…...
Whoosh Debt Repayment: Rp1 Trillion a Year Over an 80-Year Term
5+ day, 23+ hour ago (977+ words) September 8, 2026 | 06:02 pm TEMPO.CO, Jakarta - Indonesia has restructured the debt from its Jakarta-Bandung high-speed rail project, known as Whoosh, with annual repayments of around Rp1 trillion (US$60 million) over a term of up to 80 years, Finance Minister Purbaya Yudhi Sadewa said…...
Trump Threatens Trade Halt Unless Fed Cuts Interest Rates
1+ week, 2+ day ago (796+ words) September 5, 2026 | 05:32 pm TEMPO.CO, Jakarta - United States President Donald Trump threatened to stop trading with countries that could cause the U.S. to run a deficit unless the U.S. central bank, the Federal Reserve (the Fed), lowers interest rates. "LOWER THE RATE OR…...
What Drove Indonesia's August Inflation to 3.19%?
1+ week, 6+ day ago (529+ words) TEMPO.CO, Jakarta – Indonesia recorded annual inflation of 3.19 percent in August 2026, up from 2.88 percent a month earlier, driven mainly by higher prices for food, gold jewelry, and transportation. The Central Statistics Agency (BPS) reported the figure at a press conference…...
Rupiah Weakens Ahead of Fed's Warsh Speech at Jackson Hole
2+ week, 5+ day ago (671+ words) August 26, 2026 | 04:54 pm TEMPO.CO, Jakarta - The rupiah exchange rate against the US dollar by 2 points or 0.01 percent to Rp17,725 per US dollar at the close of trading on Wednesday, down from the previous close at Rp17,723 per US dollar. Currency analyst and…...
BI Sees 'Higher for Longer' Era Ahead: What Does It Mean for Markets?
3+ week, 5+ day ago (920+ words) August 19, 2026 | 05:19 pm TEMPO.CO, Jakarta – Bank Indonesia (BI) expects an era of high US interest rates, or a “higher for longer” environment, to continue weighing on global financial markets amid persistent economic uncertainty. “For the global economy, we will face…...
Today's Top 3 News: Behind Rupiah's Latest Bounce Against US Dollar
1+ mon, 3+ day ago (516+ words) August 11, 2026 | 05:08 pm TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Tuesday, August 11, 2026. Here are the highlights: What Behind Rupiah's Latest Bounce Against US Dollar; Indonesia's July Consumer Confidence Index Stays Optimistic; and A Complete Guide to See Solar…...
What Could Drive Gold Prices Higher Next Week?
1+ mon, 5+ day ago (972+ words) August 9, 2026 | 04:00 pm TEMPO.CO, Jakarta - Global gold prices are expected to strengthen in trading next week. Ibrahim Assuaibi, Director of PT Traze Andalan Futures, predicts the global gold price will be around US$4,493 per troy ounce next week. "For Monday,…...
Indonesia Records US$450 Million Trade Deficit in June 2026
1+ mon, 1+ week ago (798+ words) August 3, 2026 | 02:28 pm TEMPO.CO, Jakarta – Indonesia recorded a trade deficit of US$450 million in June 2026, according to the Central Statistics Agency (BPS). The shortfall narrowed significantly from the US$1.61 billion deficit recorded in May 2026. BPS Deputy for Distribution and Services…...