Said Iqbal, special presidential advisor for employment and workers’ welfare, stated those companies located in Pasuruan and Mojokerto, East Java, referred to them only by the initials PT J and PT S.

Rolling power outages across parts of Java and Bali over the weekend have disrupted household and business activities, reigniting concerns over the reliability of Indonesia’s electricity system, with experts warning that the situation could persist for up to two more weeks.

Industry representatives stated that fiscal pressures have narrowed spending capacity among regional governments, particularly for healthcare services and medical equipment procurement.

Negotiators from the United States and Iran were set to start peace talks in Switzerland on Sunday.

Ten years on from a referendum that triggered Britain's exit from the European Union, the nation's small- and medium-sized businesses (SMEs) find themselves caught between mountains of paperwork, rising costs and dashed expectations.

The European Commission will propose a new law requiring EU companies to diversify their sources of key supplies, its president Ursula von der Leyen has said, while China urged the G7 nations to respect market economy principles and international trading rules.

Prabowo rattled global markets last month by announcing Indonesia will centralize exports of strategic commodities, starting with coal, palm oil and ferroalloys, under the management of a unit under sovereign wealth fund Danantara.

Bank Indonesia (BI) on Thursday raised its benchmark rate by another 25 basis points to 5.75 percent, extending a rapid tightening cycle intended to attract capital inflows and prop up the rupiah.  

The platform, known as Perlinsos Digital, is currently being tested in 42 cities and regencies before expanding to all 541 districts and municipalities nationwide.

The news boosted optimism for a lasting peace between the two nations after more than three months of war that has rattled energy markets and fuelled a fresh spike in inflation.

The central bank lifted its key interest rate by 25 basis points to 5.75 percent, bringing the total increase to 1 percentage point over the past month. 

Finance Minister Purbaya Yudhi Sadewa has departed for a five-day work visit to China to increase cooperation on bond issuances and local currency transactions.

In 2025, the subsidized three‑kilogram green cylinder retail price was Rp 16,000, against an estimated market price of around Rp 48,000, with the state covering the full gap.

After attracting US$4.6 billion in orders, Danantara increased the size of its bond issuance from US$1 billion to US$1.5 billion, split evenly between five-year and 10-year tenors.

The U.S. president said he had asked French President Emmanuel Macron “not to charge American companies” after France imposed a 3 percent tax on the revenues earned by technology firms in 2019.

Due to elevated funding costs, sustained NIM pressure and higher provisions, Samuel Sekuritas has lowered its 2026 earnings growth forecast for banks from 4.6 percent in its previous report to 1.8 percent.  

At a time when Indonesia desperately needs foreign currency, authorities spooked investors with tighter export controls lambasted as "resource nationalism", while a move by parliament to tighten oversight of the central bank raised fears for its independence.

The agreements include a Japanese five-year investment pipeline of more than 9 billion pounds in infrastructure and financial services, alongside plans to unlock up to 9 billion pounds for UK offshore wind projects.

The summit in France will bring the US face-to-face with France, Germany, Canada, Italy, Japan and the United Kingdom.

The most recent fuel price hike puts further strain on middle class consumers by driving up commuting costs and adding to overall inflation at a time when many workers are struggling with dim employment prospects.

The Institute for Essential Services Reform (IESR) said the disruptions at a single power plant or transmission component not supposedly trigger widespread blackouts given PLN's 30 percent reserve margin, protection systems and network redundancies.

Newly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.

Avoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note.

'Oversold' markets expect concrete improvement in policies, not rhetoric. 

Prices for subsidized Pertalite and Biosolar, however, remain unchanged.

Amid rumors that he might be restored to his former post as finance minister, Chatib has pointed to investor confidence in the government's fiscal management as the key issue at present.

One year into a government internship program placing fresh graduates in subsidized roles across the country, many of its participants are struggling to secure permanent jobs, citing intense competition in a tightening market.