Kadin advisory board chairman Hashim Djojohadikusumo, who is also President Prabowo Subianto's younger brother, said Indonesia's state revenue amounted to just 12 percent of GDP, compared with 18 percent in Cambodia and 23 percent in Vietnam.

The Bank of Japan said Friday inflation had hit its two percent target, more than 13 years after it adopted the goal in a bid to pull the economy out of deflation.

A research from Indef revealed that around 80 percent of MSMEs had yet to identify new business opportunities from the free meal program.

Following a working visit to Seoul, BP Batam deputy for investment Fary Djemy Francis celebrated Batam’s achievements and pondered on the constant work to improve the island for its residents.

Previously, Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia claimed that Indonesia no longer bought crude oil from the Middle East and was diversifying its sources to other countries, including India and China.

As prices climb, families are switching to cheaper food, personal care products and health services, while cutting back on savings and leisure.

Higher-than-expected demand for subsidized gasoline is expected to add tens of trillions of rupiah to the state budget as the government looks to increase imports at a time of high global oil prices.

The world is changing and the EU, with 450 million consumers, has become more active in seeking and building on partnerships to expand free trade with open competition, reliability and a rules-based order, Merz said during a visit to Singapore. 

South Korean investment in Batam surged to Rp1.175 trillion (US$65.1 million) in the first half of 2026, making the country the island’s third-largest foreign investor. BP Batam is now seeking to build on this momentum by promoting opportunities in aviation, logistics, electronics and other strategic industries.

To navigate these headwinds, the city-state is strengthening the diversity of its energy sources, and taking steps to ensure it has the infrastructure required to support them, he said at the opening of the Singapore International Energy Week conference at Marina Bay Sands.

Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia said that the government would evaluate contracts with countries that did not “show respect” to Indonesia.

Bank Indonesia has revealed that MSCI’s warning sparked immediate capital outflows from the bond market but had only a limited effect on the rupiah exchange rate.

Indonesia cut exports of natural gas to Singapore on Saturday to prioritize domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago.

Natural gas production from East Kalimantan's offshore region is targeted to increase to about 750 million standard cubic feet per day (mmscfd) starting Nov. 1, driven by an additional supply of about 290 mmscfd from JNE#6 and the development of the Maha-South Hub field.

According to the business chamber, only around one-third of businesses planned to invest in the near future, while others are taking a wait-and-see approach.

As one of Indonesia Eximbank’s flagship programs, the Coaching Program for New Exporters (CPNE) initiative is aimed at Indonesian businesses that have never directly exported before, with an expected output of new exporters, new products, or new markets.

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.