News
Navigating oil shock: Fiscal challenges, policy choices for Indonesia - Economy
2+ week, 11+ hour ago (697+ words) While Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience. lobal uncertainty has intensified once again amid the ongoing United…...
Jet fuel spike, weak rupiah to blow haj budget by Rp 1 trillion - Regulations
6+ day, 6+ hour ago (237+ words) Meanwhile the umrah sector, which is fully operated by private players, continues to see relatively resilient demand even as operators and consumers absorb higher costs. "If there is an increase in the total budget for the 2026 haj cost, which is…...
Oil prices jump, stocks drop on Mideast ceasefire doubts - Markets
5+ day, 4+ hour ago (433+ words) il prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic. Equity markets across the globe had soared and crude futures…...
Govt vows to wrap up all SOE mergers this year - Regulations
6+ day, 12+ hour ago (185+ words) he government has pledged to fast-track the'restructuring of state-owned enterprises (SOEs), with the process expected to be completed this year. "We hope everything can be finalized on time. Not just meeting the deadline, but completing the restructuring in a fundamental…...
Ceasefire provides temporary relief for bleeding rupiah - Economy
6+ day, 7+ hour ago (268+ words) de-escalation in the United States-Israeli war on Iran has helped the rupiah bounce back somewhat after approaching its historic low, but economists say the Indonesian currency remains subject to a range of risks. Readings from Investing. com showed the rupiah…...
US registers strong job growth in boost to Trump - Economy
1+ week, 3+ day ago (695+ words) he US economy posted unexpectedly strong job gains in March, data showed Friday, in a development hailed by US President Donald Trump " but seen with caution by analysts. The world's largest economy gained 178, 000 jobs in March, after losing 133, 000 in February,…...
Indonesia estimates up to $5. 9b needed for extra energy subsidies due to Iran war - Economy
1+ week, 5+ day ago (240+ words) Initially, the government'budgeted Rp 381. 3 trillion (US$22. 5 billion) "to pay for energy subsidies and also compensate state energy firm Pertamina and utility "company PLN'for their efforts to keep some fuel prices and electricity tariffs at an affordable level. ndonesia estimated that…...
At the mercy of the market - Editorial
1+ week, 6+ day ago (186+ words) Let us not deceive ourselves. We are paying the price of expensive energy one way or another, just like everybody else. Indonesia appeared quite calm over the past month while the world has been fretting over rising global oil and…...
Why manufacturing remains Indonesia's key growth driver, accelerating downstreaming - Academia
1+ week, 6+ day ago (245+ words) s Southeast Asia's largest economy, Indonesia has big goals ahead. The government's plan, from 2025 to 2029, focuses on three outcomes: slashing the poverty rate to between 4. 5 and 5 percent, raising the Human Capital Index (IMM) to 0. 59 percent and pushing annual economic growth toward…...
RI posts $1. 27b trade surplus despite surge in capital goods imports - Economy
1+ week, 6+ day ago (250+ words) ndonesia's trade surplus slightly increased to US$1. 27 billion in February, compared to $954 million in the previous month, despite a rise in capital goods imports. The figure was lower than in the May-December period last year, when the country's trade surplus…...