News
Cooking Oil Prices Threatened to Rise, Plastic Costs as the Culprit
11+ hour, 9+ min ago (282+ words) JAKARTA - The price of cooking oil in the domestic market has the potential to continue to creep up. One of the triggers comes from the surge in plastic packaging costs at the upstream level. The Executive Director of the Institute…...
Purbaya Projects the Economy in the Second Quarter of 2026 to Grow 5. 7 Percent
2+ day, 4+ hour ago (346+ words) JAKARTA - Minister of Finance Purbaya Yudhi Sadewa projects that the national economic growth in the second quarter of 2026 will be able to reach 5. 7 percent. According to Purbaya, the government still has room to encourage economic activity in the second quarter,…...
South Korea's Economy Grows 1. 7 Percent, Conglomerates Asked to Find New Engines
3+ day, 1+ hour ago (244+ words) JAKARTA - South Korea's economy has grown rapidly in five and a half years. However, the government reminds large conglomerates not to stop at one quarter's achievements. Yonhap News Agency, Friday, April 24, Finance Minister Koo Yun-cheol delivered the message during a…...
In the midst of global turmoil, Airlangga is the Indonesian economic head in the first quarter of 2026 growing above 5 percent.
4+ day, 6+ hour ago (489+ words) JAKARTA - The ongoing tension in the Strait of Hormuz has also triggered instability in world oil prices and has the potential to put pressure on the economy, including Indonesia. Coordinating Minister for the Economy Airlangga Hartarto, emphasized that even though…...
Geopolitical Tensions Are the Main Factor Behind Crypto Weakness
4+ day, 10+ hour ago (673+ words) JAKARTA - Currency and digital asset market observer, Ibrahim Assuaibi, assessed that the current weakening of the crypto market is influenced by increasing global uncertainty, especially due to the heating of the geopolitical situation in the Middle East region. He explained…...
BI Policy is Considered Effective but Not Able to Reverse External Pressure
5+ day, 5+ hour ago (405+ words) JAKARTA - Bank Permata Chief Economist Josua Pardede assessed Bank Indonesia's (BI) policies such as maintaining interest rates, purchasing SBN, and increasing SRBI auctions were quite effective in mitigating external pressures, although the impact has not completely eliminated the pressure. He…...
BI-FAST Upgrade: Bank Indonesia Promotes Global Efficiency and Payments
5+ day, 1+ hour ago (338+ words) Bank Indonesia (BI) has revealed that it is developing a new generation of BI-FAST services as part of the Roadmap Blueprint for the Indonesian Payment System 2030. The update is aimed at making transactions easier, including transferring funds abroad. Deputy Governor…...
Kevin Warsh Promises to Guard Fed's Independence, Rejects Being Trump's Puppet
5+ day, 7+ hour ago (419+ words) JAKARTA - Kevin Warsh is trying to answer one of the biggest suspicions since his name was proposed to lead the Federal Reserve, namely whether he will bow to Donald Trump or keep his distance. In a confirmation hearing in the…...
Facing an Energy Crisis, the Netherlands Disbursed Rp20 Trillion in Aid
5+ day, 18+ hour ago (316+ words) JAKARTA - The Dutch government announced a package of assistance worth nearly 1 billion euros (around Rp20. 2 trillion) to mitigate the impact of rising energy costs for households and businesses due to the conflict in the Middle East. As part of the policy,…...
Middle East conflict makes plastic prices rise, retail goods follow
1+ week, 4+ day ago (624+ words) JAKARTA - The high price of plastic, which is the result of the conflict in the Middle East, has begun to have an impact on the selling price of various types of domestic retail products. Starting from household appliances, packaged food…...