Saudi Arabia's GDP is expected to shrink by 3.3 percent, the International Monetary Fund said in its latest World Economic Outlook report, predicting a regional drop over Iran's blockading of the Strait of Hormuz.

Though still ranking third among Indonesia's export commodities by value, iron and steel products declined nearly 5 percent yoy in January-August 2026 due to both external and internal pressures.

Crude oil prices rose on Monday as attacks on Saudi Arabia heightened supply concerns, offsetting the prospect of more Russian energy reaching global markets after the US eased sanctions on its diesel exports.

Woodford and Hall are frequently name-checked by the world's top central banks which, after a 2022 inflation surge in the aftermath of the COVID-19 pandemic, are currently grappling with the energy shock triggered by the Iran war.

Indonesian consumers remain broadly optimistic about future economic conditions despite dipping 0.4 points in September, BI has said in a note accompanying its latest survey.

China and the European Union can avoid "escalation" in various contentious disputes, Beijing said on Saturday, as worries of a damaging trade war simmer.

Daggers have been drawn over the European Union's next seven-year budget, with Germany and France at loggerheads over whether Brussels should make deep cuts in a battle increasingly expected to overshoot the end of the year.

In the circular letter, Suahasil ​Nazara ordered civil servants to prioritize online meetings and to halt any procurement of new ​vehicles, as well as the construction or renovation of official residences and buildings.

From toll roads and data centers to geothermal energy, healthcare and battery materials, INA is putting long-term capital behind Indonesia’s future.

Indonesia needs to carefully plan where data centers can be located and avoid excessive concentration, as more than 60 percent of the country’s data centers are concentrated in just two locations, Greater Jakarta and Batam.

Indonesia’s foreign exchange reserves have declined slightly as Bank Indonesia (BI) battles fresh bouts of rupiah volatility.

The global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday.

The President's climate and energy envoy told a sustainability forum on Monday that the country had achieved rice self-sufficiency three years earlier than planned, so no additional forests would be cleared to make way for paddies.

Indonesia's nickel processing boom is outpacing its reserves, with experts warning of depletion within a decade and urging the government to shift from price support to policies that sustain ore longevity.

For Indonesia, a pause in US tightening could improve sentiment, but a sustained recovery would require confidence that inflation pressures and US interest rates are moving toward a more favorable path.

ASEAN imports more than half of the crude for its refineries from the Middle East at a time when global benchmark prices are around US$100 a barrel.

Danantara would retain its SOE dividends and use them to invest for projects and as “leverage” to attract private capital rather than simply transferred to the state budget, the Finance Ministry noted.

The disruptions from tariffs and Trump's reversals of US policies favoring electric vehicles have weighed on the US auto supplier sector, which provides parts and technology and employs some 930,000 people in the United States.

Simmering trade tensions between Beijing and Brussels have threatened to become a full-blown trade war as the 27-nation bloc scrambles to defend its industries against a flood of Chinese exports critics argue are supported by vast subsidies.

A "handful" of Group of 20 trade ministers rejected calls by the United States to curb excess industrial capacity and "non-market" policies, the US Trade Representative's office said on Friday, exposing divisions within the group of major economies.

President Prabowo’s appointment of Bahlil Lahadalia as coordinating downstreaming and energy transition minister as well as Muhammad Sarmuji as the industry minister sparks calls for regulatory reform, policy continuity and an end to fragmented policymaking.

The food price squeeze could persist into next year as El Nino conditions linger into early 2027, raising the risk of weaker agricultural output and further price increases.

Indonesia has seen an uninterrupted streak of monthly trade surpluses from early 2020 until May, when a dramatic surge in oil and gas prices due to conflict in the Middle East caused a $1.6 billion deficit in Indonesia’s trade with the rest of the world.  

The stronger PMI reading, however, contrasts with the latest Industry Confidence Index (IKI) from the Industry Ministry, which showed a slowdown in manufacturing activity expansion in September.

The government aims to revive the textile industry by facilitating financing from local banks for machinery upgrades, while considering tax incentives and establishing a special zone to integrate upstream and downstream production.

The global bank has forecast that Indonesia's GDP growth will be sustained at a pace of 5.4 percent in 2026 before slowing slightly to 5.2 percent next year.

Indonesia’s large domestic market could justify to set up a local production, while import restrictions and quotas had further prompted some Thai businesses to consider investing locally rather than exporting directly from Thailand.