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News
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,…...
Bank Accounts for 200 Million Indonesian People
4+ day, 11+ hour ago (922+ words) September 10, 2026 | 06:29 am TEMPO.CO, Jakarta - Earlier this week, a proposed new policy suddenly captured the public's attention. Amidst the flurry of news regarding natural disasters, the latest announcement from the Palace—a plan to ensure every Indonesian citizen aged 17 and…...
Report: Indonesia Far from Exiting Middle Income Trap - News En.tempo.co
4+ day, 18+ hour ago (807+ words) September 9, 2026 | 11:06 pm TEMPO.CO, Jakarta - A new study by the Asian Development Bank Institute (ADBI) reveals that Indonesia is still relatively far from escaping the middle income trap, with a probability score of 0.44 compared to the threshold of 0.6, according to…...
Why Is Indonesia Preparing to Open over 200 Million New Bank Accounts?
4+ day, 20+ hour ago (664+ words) September 9, 2026 | 09:00 pm This plan is part of President Prabowo Subianto's bid to strengthen financial inclusion and financial literacy levels in the country by ensuring each citizen has a bank account. The funds will come from the State Budget, with each…...
Indonesia Boosts 2027 Budget Target by Rp9.1 Trillion
5+ day, 22+ hour ago (484+ words) TEMPO.CO, Jakarta - A joint meeting between the House of Representatives (DPR) Budget Committee (Banggar) and the government has agreed on a revised posture for the draft 2027 State Revenue and Expenditure Budget (RAPBN). Both state expenditure and revenue targets have…...
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…...
Why Indonesia's Industrial Confidence Index Slowed in August
2+ week, 1+ hour ago (568+ words) August 31, 2026 | 04:47 pm TEMPO.CO, Jakarta - The Ministry of Industry reported that the Industrial Confidence Index stood at 52.30 in August 2026. The figure saw a decline from July 2026, when the index reached 53.10. "[The index] remains above 50, still in an expansion level, even…...
Will Indonesia Review Its Income Decile Data Amid Concerns?
2+ week, 2+ hour ago (873+ words) August 31, 2026 | 03:13 pm TEMPO.CO, Jakarta - The Indonesian government will form an interagency team to evaluate how residents are classified into income deciles, following concerns over inaccuracies in data used to determine access to social and education assistance. Deputy State Secretary…...
Indonesia Eyes US$521 Billion Sports Industry to Drive Economic Growth
2+ week, 1+ day ago (711+ words) August 30, 2026 | 12:48 pm TEMPO.CO, Jakarta - Indonesia's Investment and Downstreaming Minister Rosan Perkasa Roeslani says the development of the sports industry has significant potential to drive national economic growth. "The sports industry has enormous potential and can bring this economic sector…...
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…...