News
Indonesia Inflation Under Control Ahead of Eid, Minister Says
3+ day, 15+ hour ago (769+ words) March 11, 2026 | 09:30 pm TEMPO.CO, Jakarta- Indonesian Minister of Finance Purbaya Yudhi Sadewa stated that inflation remains relatively controlled before the Eid period. The inflation rate in February 2026 is considered more temporary due to the low base rate in 2025. "The inflation…...
Is a US Recession Coming in 2026? Here's What Analysts Say
3+ day, 23+ min ago (1062+ words) March 12, 2026 | 12:30 pm TEMPO.CO, Jakarta -U.S. recession concerns are beginning to surface as a series of unsettling economic indicators challenge the narrative that the U.S. economy remains on a steady growth path. Rising geopolitical tensions across the Middle East, particularly as the…...
10 Countries Seeing the Highest Petrol Price Increases After the Iran War
2+ day, 22+ hour ago (1042+ words) March 12, 2026 | 02:19 pm TEMPO.CO, Jakarta-Since the U.S.-Israel air strike on Iran in late February, fuel prices have surged across the globe. At least 85 countries have reported significant increases at the pump, with some recording the highest petrol price hikes within…...
Middle East Tensions Expected to Lift Gold Prices
4+ day, 19+ hour ago (1111+ words) March 10, 2026 | 05:52 pm TEMPO.CO, Jakarta-World gold prices are expected to continue strengthening in trading on Tuesday, March 10, 2026. This increase is driven by escalating geopolitical tensions in the Middle East and a surge in energy prices that has triggered concerns across…...
3 Steps to Shield Banks from Geopolitical Risks
5+ day, 13+ hour ago (593+ words) TEMPO.CO, Jakarta - The Chair of the National Bank Association (Perbanas), Hery Gunardi, stated that the banking industry is also facing challenges due to ongoing geopolitical conflicts in the Middle East and global uncertainties. Therefore, he emphasized the need for…...
Indonesia's Consumer Confidence Declines in February
5+ day, 19+ hour ago (792+ words) March 9, 2026 | 05:21 pm TEMPO.CO, Jakarta- Bank Indonesia's survey of the Consumer Confidence Index (CCI) in February 2026 was 125.2, a decline from January."Lower than the previous month's CCI, which was recorded at 127.0," said Head of Communication Department of Bank Indonesia, Ramdan Denny…...
China Sets Lower Growth Target as Domestic Consumption Lags
1+ week, 3+ day ago (832+ words) March 5, 2026 | 11:04 am TEMPO.CO, Jakarta-Chinaon Thursday set its economic growth target for 2026 at 4.5% to 5%, which is the country's lowest annual growth target in decades. Last year's target was around 5%. The lowered growth target comes as the government tries to address…...
Indonesia's Foreign Exchange Reserves Dip to $151.9B
1+ week, 1+ day ago (742+ words) March 6, 2026 | 03:48 pm TEMPO.CO, Jakarta - Bank Indonesia (BI) reported that Indonesia's foreign exchange reserves stood at US$ 151.9 billion at the end of February 2026, down from US$ 154.6 billion at the end of January, according to a statement released on Friday, March…...
Trade Minister: Modern Retail Expansion Won't Eradicate Local Corner Shops
1+ week, 2+ day ago (289+ words) TEMPO.CO, Jakarta - Modern retail expansion will not replace local grocery stores, said Indonesian Minister of Trade Budi Santoso. "There's been no problem thus far with the partnership model," he said on Thursday, March 5, 2026. Budi explained that modern retailers such…...
Analyst Projects Rupiah to Weaken Following US-Israel War on Iran
1+ week, 5+ day ago (812+ words) March 2, 2026 | 02:55 pm TEMPO.CO, Jakarta-Currency analyst at Doo Financial Futures, Lukman Leong, projects the weakening of rupiah today, affected by the war between Iran and the United States. Lukman predicts that the rupiah will weaken in the range of Rp16,750 - Rp16,900 per…...