State Secretary Prasetyo Hadi said on Monday that the government continued to adhere to fiscal rules and had not breached statutory deficit limits, stressing that budget management remained on a prudent footing.

Meta and Google-owned YouTube were accused Monday of pushing highly addictive apps on children as a landmark social media trial began in earnest in a California court.

Bulog’s planned warehouse in the Haj Village will also be used to store other food commodities from Indonesia, such as meat and fish, to meet the consumption needs of the haj pilgrims. 

The proposal would bar EU companies and individuals from conducting transactions with Karimun Port in Indonesia and Kulevi Port in Georgia.

About US$120 billion has been wiped from the benchmark Jakarta Composite after larger rival MSCI warned last month the country risked a downgrade to frontier status.

The poverty rate rests at a historic low of 8.25 percent of the total population, continuing its declining trend from September 2022.

As part of their eight-point plan, Indonesian authorities have come up with three proposed measures to meet MSCI's transparency demands and avoid potential downgrading to emerging market status.

The former deputy finance minister, who also President Prabowo Subianto's nephew, replaced Juda Agung, who resigned as BI deputy governor on Jan. 13 and was inaugurated as deputy finance minister on Thursday.

The projects, launched simultaneously across 13 regions on Friday, are fully funded from Danantara’s internal resources and are expected to create about 6,000 direct jobs, the fund said in a statement.

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.

Nikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.

A potential lawsuit over halted mining operations could expose the state to fiscal risks reaching tens of trillions of rupiah, extending far beyond legal fees to include lost revenue and compensation claims.

Danantara has stepped up to fill the funding gap for a new Krakatau Steel facility at KIEC, which previously attracted interest from Chinese investors.

The EU said Friday that TikTok needs to change its "addictive design" or risk heavy fines under the bloc's digital content rules, drawing a sharp pushback from the Chinese-owned platform.

According to local reports, Bithumb was meant to send about 2,000 won (US$1.37) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.

Data from the Manpower Ministry in January showed a 13 percent layoff increase in 2025 compared with the preceding year.

Economists interpret the rating agency’s latest assessment as a serious corrective signal, noting that a downgrade in Indonesia’s credit rating could sharply raise borrowing costs and pile pressure on the rupiah.

In what appears to be a coordinated role swap, the President has appointed a former BI deputy governor to fill the deputy finance minister post left vacant by his nephew Tommy Djiwandono, who is set to take up his new job as BI deputy governor.

The benchmark Jakarta Composite Index lost 2.5 percent while the rupiah dropped as much as 0.37 percent to 16,888 per dollar, its lowest since January 22 and down 1 percent for the year.

The government has announced a temporary waiver on value-added tax (VAT) for airline tickets for the upcoming Idul Fitri holiday period, when travel demand spikes across the country.

Global stocks extended losses into a third day on Friday as a selloff on Wall Street intensified, leaving investors dazed as wrenching volatility gripped precious metals and cryptocurrencies.

Indonesian stocks and currency traded weaker in early trade on Friday after Moody's lowered the country's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.

Rio Tinto has walked away from takeover talks with Glencore, ending months of negotiations over a tie-up that would have reshaped the global mining industry.

Economic growth improved slightly last year but failed to meet the government’s target set out in the state budget.

Plans to merge Pertamina’s downstream subsidiaries have been in the works since early last year, after a corruption scandal over the alleged sale of lower-grade imported fuel as higher-octane products.

The region, which has trailed other parts of the world in recovering from the Covid-19 pandemic's impact on aviation, is now catching up fast as travel rebounds and new opportunities emerge, said the firm's vice president of commercial marketing Darren Hulst.

The figures come days after the country's stock market suffered its worst crash in decades after index compiler MSCI threatened a downgrade over the transparency of the free-float stocks.