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Indonesia's competitiveness was ranked 27th globally in 2024 then nosedived to 48th this year thanks to worsening business and government efficiency.
2 months agoStock market volatility continued after a broad selloff of technology and semiconductor sectors dragged global shares lower, sparking safe-haven demand for the dollar and bonds. ...
2 months agoWhile acknowledging transparency reforms, the global index provider still flags concerns about consistency in policy implementation and impact. ...
2 months agoAsian stocks were wobbly on Wednesday, a day after a global selloff in technology and semiconductor shares, with analysts cautioning about the risk of renewed volatility.
2 months agoIndonesia and China are looking to become less reliant on the United States dollar by pushing ahead with the local currency transaction (LCT) scheme to conduct cross-border trade and investment using their own currencies.
2 months agoStrapped for more revenue to finance development but constrained from further tapping the state budget, the government is effectively offering legal immunity in a bid to attract investor appetite for its new debt instruments.
2 months agoThe government plans to increase the Housing Credit Program to Rp 50 trillion in 2026 from Rp 36 trillion after disbursement of the subsidized loans surpassed half of the government’s target, benefiting more than 91,000 borrowers nationwide.
2 months agoThe share of food-insecure Indonesians rose from 8.7 percent in 2024 to 10.4 percent in 2025, or roughly 29 million people.
2 months agoMost of the stimulus were to be spent on food assistance namely 10 kilogram rice handouts for 33.24 million beneficiaries for the entire third quarter.
2 months agoThe presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs."
2 months agoJapan's finance minister said Tuesday that Tokyo was ready to take "resolute measures" as the yen came within a whisker of its 40-year low against the dollar.
2 months agoAl Hikmah Attains IBDP, A First For An International Islamic Boarding School in Indonesia
2 months agoAs the dry season approaches, communities are becoming increasingly vital in the fight against land and forest fires.
2 months agoIndustry players cautioned that the policy must be clearly communicated to avoid misinterpretation that could undermine business confidence.
2 months agoA coal power plant has been restored to the Java grid, but state-owned electricity firm PLN's deeper issues persist: a $70 price cap that bars it from competing for supply, regulatory ambiguity over where domestic coal flows and a compensation fund that remains in limbo.
2 months agoThe deputy manpower minister has confirmed that the government is working on a revision of Manpower Ministerial Regulation No. 7/2026 that would reduce the number of service categories eligible for outsourcing from six to four.
2 months agoTraders remain in buoyant mood after news that the two foes had paused their conflict, which had sent energy costs soaring and stoking inflation, sending shivers through the global economy.
2 months agoSaid 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.
2 months agoThe dollar was firm on Monday as uncertainty clouded a tentative US-Iran peace deal following threats from President Donald Trump to restart the war in the Middle East and Tehran's announcement it had closed the Strait of Hormuz.
2 months agoRyan Angouw, founder of MagnaMinds, continues to advocate for neurodivergent students across Indonesia as he advances his mission to create a safe space and inclusive education for all.
2 months agoRolling 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.
2 months agoIndustry representatives stated that fiscal pressures have narrowed spending capacity among regional governments, particularly for healthcare services and medical equipment procurement.
2 months agoNegotiators from the United States and Iran were set to start peace talks in Switzerland on Sunday.
2 months agoTen 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.
2 months agoThe 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.
2 months agoGlobal index provider MSCI has downgraded Indonesia’s information flow criterion to negative in its latest review, raising concerns over the “investability” of the country’s stock market due to limited transparency in shareholding structures and signs of coordinated trading behavior.
2 months agoPrabowo 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.
2 months agoBank 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.
2 months agoTax Director General Bimo Wijayanto said there was an ambiguity in the issuance of a National Nutrition Agency (BGN) head circular which classifies the funds used by the programs’ kitchens as grants that are not subject to tax.
2 months agoThe yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a US-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.
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