President Prabowo Subianto (left) speaks to United States President Donald Trump (right) on Feb. 19, 2026, during the signing of the US-Indonesia Agreement on Reciprocal Tariffs (ART) in Washington, DC. The trade deal locks in tariff rates and nontariff barriers to commerce between Indonesia and the US.

Indonesia prepares defense to US forced labor tariff threat

Jakarta has strengthened its safeguards against forced-labor imports through Trade Minister Regulation No. 9/2026, issued earlier this year, which seeks to ensure imported goods are not produced using forced labor.

1 month ago

Companies premium

KAI to acquire state-owned train maker INKA in November

The government has been pushing for the integration of both firms since 2016 in a bid to address challenges faced by KAI in procuring railways, while also expecting the merger to improve delivery reliability and quality of railway equipment. ...

1 month ago

Regulations

Indonesia passes bill allowing lawmakers to evaluate central bank performance

As the rupiah plummeted to a historic low against the dollar, the House gave the green light for a legislative amendment that has raised alarm bells over central bank independence. ...

1 month ago

The Latest

An 'ojol' (online motorcycle transportation) driver wearing a Gojek helmet transports a passenger donning a Grab helmet on Nov. 12, 2025, in Jakarta.

Companies premium

Grab denies rumors of Indonesia exit

The ride-hailing service provider has reaffirmed its commitment to investment in the country despite concerns over a commission cap

1 month ago

A teller counts Rp 100,000 banknotes on Oct. 27, 2025, at a BNI Pasar Baru branch in Jakarta.

Markets premium

Rupiah slides to record 18,000 low, 2026 losses deepen

The rupiah slid to a new record low of Rp 18,000 per United States dollar on Thursday, extending its losses this year to more than 7 percent and making it Asia’s worst-performing currency as rising oil prices and deteriorating trade dynamics rattled investors.

1 month ago

US dollar and euro banknotes are seen in this illustration photo taken July 17, 2022.

Markets

Dollar clings to 2-month high as Gulf hostilities flare

The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention alert.

1 month ago

France's Prime Minister Sebastien Lecornu looks on during a session of questions to the government at the National Assembly, French Parliament lower house, in Paris on June 3, 2026.

Economy

EU eases spending rules to tackle energy shock

The EU on Wednesday eased its spending rules to help member states confront the energy shock sparked by the Middle East war, as back-to-back crises leave countries in a fiscal squeeze.

1 month ago

An electronic display board inside the main hall of the Indonesia Stock Exchange (IDX) in South Jakarta shows an overall downward movement across most stocks during the lunch break on Jan. 29, 2026.

Markets premium

IDX plunges 4 percent, piling pressure on rupiah

Indonesian stocks suffered a rout on Wednesday with the benchmark index closing at its lowest level in five years.

1 month ago

A pedestrian walks by a sign at Google headquarters on Feb. 4, 2026, in Mountain View, California, United States. Google parent company Alphabet reported better-than-expected fourth-quarter results, with revenue rising 18 percent from a year earlier Getty Images/AFP (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Tech

UK allows websites to opt out of Google AI search

Website publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.

1 month ago

A woman and her child walk out of a subsidized house for media industry workers at the Gran Harmoni Cibitung Residential Complex in Bekasi, West Java, on June 5, 2025.

Economy premium

Developers raise alarm as margins shrink for subsidized housing

Building homes for low-income families is becoming financially untenable, developers are warning, arguing that profit margins have been eroded by surging construction costs and a weakening rupiah.

1 month ago

Residents watch hot air balloons take flight on March 29, 2026, at the motocross circuit in Ponorogo, East Java. The Ponorogo regency administration held the Reog Balon Carnival, involving 44 participating groups flying tethered balloons as part of efforts to promote tourism and culture in the area, as well as to regulate balloon use and prevent illegal launches that could disrupt air traffic.

Economy premium

Foreign arrivals lift tourism as domestic travel weakens

Data released by Statistics Indonesia (BPS) on Tuesday showed international tourist arrivals reached 1.25 million visits in April, up 7.22 percent year-on-year (yoy) and 14.75 percent from the previous month.

1 month ago

This illustration photo shows a shopping cart at a store in Annapolis, Maryland, US, on April 4, 2025.

Regulations

US proposes tariffs of 10% or 12.5% on goods from 60 economies over forced labor failures

The trade agency said it would impose additional duties of 12.5 percent on the remaining 45 countries that it investigated.

1 month ago

Tech

EU to unveil plan to wean itself off US, Asia tech

The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.

1 month ago

US Navy Admiral Brad Cooper, commander of US Central Command (CENTCOM), speaks with crew members of the Arleigh Burke-class guided-missile destroyer USS Milius (DDG 69), deployed to the US 5th Fleet area of operations to support maritime security and stability in the Middle East, in this handout photo released May 3, 2026.

Markets

Oil jumps on Mideast missiles while AI bulls carry stocks higher

Oil prices rose for a third day running on Wednesday and the dollar was on the brink of breaking above 160 yen as fresh hostilities flared in the Gulf after US-Iran peace talks stalled.

1 month ago

A woman walks past the Wisma Danantara Indonesia building on Jl. Jend. Gatot Subroto in South Jakarta on May 6, 2026.

Economy premium

Industry braces for on-the-ground reality as new coal, CPO export scheme goes live

During the transition period, exporting companies are only required to complete an approval checklist in the CEISA 4.0 dialog box as a form of reporting to DSI.

1 month ago

Workers load and unload containers at Tanjung Priok International Export-Import Port in Jakarta on Feb. 4, 2026.

Economy premium

Costly oil and gas imports wipe out trade surplus

Indonesia only narrowly avoided a trade deficit in April as the cost of imported oil and gas products skyrocketed in April.

1 month ago

Beauty on display: A store worker arranges beauty products on shelves on Jan. 9, 2026, at a health, beauty and personal care retail store inside a shopping mall on Jl. Basuki Rachmat in East Jakarta.

Economy premium

Inflation creeps up amid rising fuel, food prices

Statistics Indonesia (BPS) reported that the consumer price index (CPI) surged by 3.08 percent year-on-year (yoy) in May, though it remained below Bank Indonesia’s (BI) inflation target of 1.5 to 3.5 percent.

1 month ago

A group of visitors takes a picture on Jan. 29, 2026, in front of an electronic information board at the Indonesia Stock Exchange (IDX) in South Jakarta.

Markets premium

FTSE Russell to drop four more Indonesian stocks in June

Technology giant GoTo and nickel miner Harita Nickel are among the stocks to be axed from the indexer's GEIS this month effective June 22, following in the wake of four small- and large-cap stocks dropped in May.

1 month ago

Economy

Marriott Bonvoy maps out customer behavior and loyalty in Indonesia

To increase understanding of how loyalty programs drive customer retention, the APEC Loyalty Trends Report 2026 by Marriott Bonvoy writes a new playbook for travelers in Indonesia and the surrounding region.

1 month ago

A cattle trader prepares feed for his livestock on July 10, 2019, as he awaits buyers for Idul Adha (Day of Sacrifice) at a makeshift pen in Jakarta.

Economy

Bigger 'kurban', thinner wallets

National data on sales of sacrificial animals for Idul Adha show that while the kurban market might appear healthy, changes in consumer behavior over the past few years indicate growing caution in spending.

1 month ago

President Prabowo Subianto (right) greets House of Representatives Speaker Puan Maharani (left) on May 20, 2026, before delivering a speech on the macroeconomic framework to lawmakers at the Senayan legislative complex in Jakarta.

Regulations premium

Govt begins transition to centralized exports for coal, palm oil

Coordinating Economy Minister Airlangga Hartarto announced in a press conference on Sunday that a seven-month transition phase will run from June 1 to Dec. 31, while exporting companies will continue to execute their regular shipping activities.

1 month ago

A technician from state electricity company PLN stands atop a transmission tower during regular maintenance work on Dec. 27, 2023, in Palu, Central Sulawesi.

Economy

Southeast Asia power market at a turning point, now more than ever

Even before the shock from the Iran war, regional electricity consumption surged by 24 percent between 2021 and 2025, but 70 to 80 percent of that new demand was met by coal and gas.

1 month ago

Regulations premium

BI expected to get job creation mandate soon

The government and the House of Representatives are scrambling to pass a bill that will give Bank Indonesia (BI) a new mandate on job creation, which economists say could weaken the central bank’s independence.

1 month ago

An image shows a Transjakarta bus stopping at the Senayan Bank Jakarta bus stop in the Senayan area of South Jakarta, on April 16, 2026.

Regulations premium

Ministry pushes mass transit to curb fuel subsidy costs

Transportation expenses consume up to 40 percent of household income.

1 month ago

A woman walks past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on June 1, 2026.

Markets

Asian equities ahead, oil rises as uncertainty surrounds US-Iran talks

Oil rose while Asian equities firmed Monday as a surge in artificial intelligence-linked stocks helped offset uncertainty over US-Iran talks.

1 month ago

A sign is pictured in front of Nvidia headquarters on Aug. 27, 2025 in Santa Clara, California, US.

Regulations

US to halt Nvidia AI chip shipments to Chinese firms outside China

The unexpected guidance suggests the United States' best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia.

1 month ago

A man walks past Japan's SoftBank Group headquarters building in Tokyo on Feb. 12, 2026.

Companies

SoftBank vows to spend $87.5 billion on AI centers in France

Japanese tech investor SoftBank will spend 75 billion euros (US$87.5 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in an interview released Saturday.

1 month ago

China's official app for digital yuan is seen on a mobile phone placed in front of an image of the Chinese flag, in this illustration picture taken on Oct. 16, 2020.

Tech

From lottery draws to fiscal spending, China broadens digital yuan footprint

China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.

1 month ago