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The inauguration of BYD’s Subang plant comes as Indonesia raises the bar for local EV manufacturing, from 40 percent this year to 60 percent in 2027-2029 and 80 percent in 2030.
10 hours agoThe UAE, a critical economic lifeline for Iran, had suspended all financial and economic transactions with the Islamic Republic in August, citing military escalation by Tehran and missile threats. ...
13 hours agoThis summer, leading Indonesian gold producer PT Merdeka Gold Resources chose the floor of the Hong Kong Stock Exchange to list and raise capital, drawn by Hong Kong’s standing as a premier capital-raising hub and a fast-rising international gold-trading center. ...
16 hours agoCommodity price intelligence provider Argus in August revealed that parts of the upper reaches of the Barito River have become completely unnavigable, with some mining companies in the area already declaring force majeure on shipments.
16 hours agoFresh economic data brought United States President Donald Trump's Republican Party good and bad news ahead of midterm elections, with the labor market showing strong growth but record-high diesel prices likely to further fuel inflation.
1 day agoInvestment and Downstreaming Minister Rosan Roeslani confirmed that state-owned PT Pupuk Indonesia is exploring a significant investment in a urea fertilizer plant in Vladivostok.
3 days agoDestry was inaugurated on Sept. 2, alongside newly appointed senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, with all three appointed for five-year terms.
4 days agoNational energy subsidy and compensation expenditures could skyrocket by Rp 300 trillion in the 2026 fiscal year unless the country accelerates its transition to new and renewable energy, the Energy and Mineral Resources Ministry has warned.
4 days agoIndonesia’s manufacturing sector has slipped back into contraction territory as weaker output and employment offset a modest recovery in new orders, according to S&P Global.
5 days agoThe US and Iran found themselves back on a war footing on Wednesday after the most significant exchange of fire in weeks.
5 days agoBased on its investment activity report (LKPM), Batam’s investment realization in H1 2026 reached Rp 29.89 trillion (US$1.8 billion), equivalent to 45.3 percent of its full-year target.
5 days agoTax revenue in 2027 is projected at around 9.3 percent of GDP. Adding customs and excise raises the ratio to roughly 10.4 percent, slightly above 10.2 percent of GDP in the 2026 outlook.
5 days agoIndonesia has restored its trade balance to a small surplus in July thanks to surging outbound shipments of crude palm oil and coal.
6 days agoThe consumer price index (CPI) growth rose to 3.19 year-on-year (yoy) in August, Statistics Indonesia (BPS) official Ateng Hartono revealed in a press conference on Tuesday, well within the government’s and Bank Indonesia’s (BI) target range of 2.5 plus/minus 1 percent.
6 days agoFinance Minister Purbaya Yudhi Sadewa expects Danantara to remit Rp 120 trillion ($6.76 billion) in dividends from state-owned enterprises (SOEs) to the state budget this year, marking a change from the initial plan for running the state asset fund.
6 days agoThe government aims to boost bank lending to micro, small and medium enterprises (MSMEs) by raising the credit target from Rp 1.5 quadrillion (US$84.6 billion) to Rp 2 quadrillion in 2027, but doubts remain over whether the move will effectively address structural issues that have hindered lending to the sector.
1 week agoThe Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program.
1 week agoBessent said in an interview ahead of a G20 finance leaders meeting that the current flood of exports from China was unsustainable, even though the US direct trade position with China was "rapidly improving."
1 week agoFive years after its establishment, the Indonesia Investment Authority (INA) has demonstrated how strong governance, commercial discipline and global partnerships can mobilize long-term capital while supporting Indonesia's sustainable economic development.
1 week agoIndonesia's current account deficit reached a historic high in the second quarter that, if sustained, would put new pressure on the rupiah’s exchange value.
1 week agoPresident Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.
1 week agoThe event offers prospective homebuyers a range of financing options, including down payments starting at 1 percent, mortgage rates from 2.75 percent per year and loan tenors of up to 30 years.
1 week agoA race between member countries to attract factories undermines ASEAN ambitions to become a unified economic powerhouse, analysts say.
1 week agoIndonesia’s shipbuilding industry is facing mounting pressure from a lack of domestic orders for ship construction that has persisted since the coronavirus pandemic.
1 week agoThe alert comes amid concerns over the country's upstream production performance, with average oil production from January to July 2026 standing at 578,156 barrels per day, only 95 percent of the 610,000 bpd target set in the state budget.
1 week agoGeorgieva said that there was a "tug of war" between the negative Gulf energy supply shock and growth tailwinds from the artificial intelligence investment boom that was starting to spread beyond US borders.
1 week agoGAPKI chairman Eddy Martono said that the significant impact of a severe El Niño on palm oil production could be felt as early as next year.
1 week agoAt the event on Tuesday, President Prabowo Subianto broke ground on solar power plants in Banyuwangi and Pasuruan in East Java, as well as at Gajah Mungkur Reservoir in Central Java, with a combined capacity of 396.4 MWp.
1 week agoThe outgoing EU ambassador to Indonesia, Denis Chaibi, whose term ends this month, told The Jakarta Post that stable regulations and fewer trade barriers would be key to attracting European investment in view of the signing of the Indonesia-EU CEPA in October.
1 week agoAfter incurring a loss of nearly $290 million in the first six months of 2026, the government is finally stepping up to take over the operation and maintenance of the Jakarta-Bandung HSR, according to the finance minister.
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