A Fitch statement released on Wednesday forecast Indonesia's GDP growth would likely hover around 4.9 percent in 2027 and 2028, nowhere near the President’s ambitious 8 percent target despite an upward revision from an initial projection of 4.7 percent.

The Indonesian National Air Carriers Association (INACA) said airlines had limited flexibility to cut costs during the disruptions, as safety remained paramount and some operating expenses continued even when flights were grounded.

Pertamina also recently increased Biosolar distribution by 20 percent in Padang, West Sumatra, to address long queues at gas stations that the company attributed to surging demand for subsidized fuel.  

In a reversal from last year’s tend, foreign direct investment (FDI) accounts for the lion’s share of realized investment in Indonesia so far this year, as domestic investors hold back.

For many regions, ferries are not merely a transport option; they provide essential access to jobs, education, health care and markets. Ferry tariff policies must therefore do more than keep travel affordable. They must also ensure that operators can deliver reliable and safe services.

Two years into Prabowo Subianto’s presidency, the economy is showing respectable growth and contained inflation despite global pressure, but many Indonesians say they struggle to secure higher incomes or better jobs.

Procurement and shipping of raw sugar from supplier countries such as Brazil, Australia and Thailand typically take one to two months from the time an order is placed until the vessel arrives.

For several weeks, local palm oil mills have cut their fresh fruit bunch purchases because storage tanks are filled with processed oil they cannot ship out as a prolonged drought driven by "super El Niño" conditions has dried out the area's main transportation artery, the Kapuas River.

Danantara claimed that it has submitted consolidated financial statements for 2025 to the Supreme Audit Agency (BPK) in July but had yet to publish them, despite pledging to do so this month

The coordinating downstream minister says the government is aiming to restore the supply of subsidized Pertalite fuel so it would cover 20 days of demand, up from 16-18 days at present, which he noted was "still adequate".

The artificial intelligence boom has been a key driver of global growth, but also poses economic risks should investment in the technology falter, experts and policymakers said this week at the IMF-World Bank Annual Meetings in Bangkok.

Indonesia is currently capturing only Rp 39.5 trillion, or 0.4 percent, of the estimated Rp 9.5 quadrillion in global sports tourism potential.

The initiative is part of Indonesia Eximbank’s broader effort to support capacity building and market access for national businesses, particularly through the promotion of high-quality Indonesian products with export potential.

The Industry Ministry has pointed to a potentially diverging trend between industrial growth and job creation as expansion leans heavily toward the technology sector.

Speaking at TEI 2026, the trade minister unveiled an integrated plan for MSMEs to become the backbone of Indonesian exports as the country sought to expand into nontraditional markets across the globe.

The higher-than-expected inflation reading has raised the odds of a second straight interest rate hike at the US central bank's Oct. 27-28 policy meeting, although many expect the Federal Reserve to proceed cautiously.

Nadia Chiarina details her career journey, driven by her passion for lifelong learning and her courage to pursue new things, culminating in her discovery of her true calling. She is now leading an important work in investing and embedding climate considerations on an international level

The International Monetary Fund on Wednesday called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates.

Nobel laureate James Robinson says President Prabowo Subianto’s goal of 8 percent gross domestic product growth is a tough ask but not impossible, if the right institutions are in the right place and head in the right direction.

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.