Ministers are set to discuss the economic fallout from the conflict and volatility on global bond markets, which are of particular concern to Japan, as they also seek common ground on tackling economic tensions and global imbalances.

Better-than-expected exports and China's domestic fuel-pricing controls have helped weather the energy shock, but higher input costs threaten to squeeze already weak factory margins and further dampen consumer spending if the conflict drags on.

Signs of a flight to safer assets also emerge in the first quarter as rupiah weakness and heightened uncertainty prompt people to diversify wealth and seek protection from depreciation.

President Prabowo Subianto has downplayed the depreciation of the rupiah with statements economists say may send a dangerous signal to the market, potentially dealing a further blow to the currency.

Danang Girindrawardana, executive director of the Indonesian Textile Association (API), said that local business community had also conveyed similar complaints to the government but did not receive an adequate response.

Trump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited detail on concrete outcomes across trade and investment.

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

Retailers struggle to stay afloat as orders from government institutions evaporate, while workers with advanced degrees are not getting the jobs to match.  

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

Biak was selected for its proximity to the equator and its direct access to the Pacific Ocean, allowing first-stage rocket boosters to safely fall into open waters after launch.

United States President Donald Trump said he had made "fantastic trade deals" with China's Xi Jinping, as the pair met on Friday at final talks of a superpower summit, but the news gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and over the US war with Iran.

President Donald Trump and an entourage that included Nvidia's Jensen Huang and Elon Musk were greeted with a lavish welcome in Beijing on Wednesday as he prepared to ask China's Xi Jinping to "open up" to US business at the start of their two-day summit.

The Indonesian currency hit a new historic low two weeks ago and is trading near 17,557 per US dollar as global uncertainty mounts.

Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.

Indonesians effectively pay more to fly from Jakarta to Surabaya than from Denpasar to Sydney, a signal that something in the structure of the domestic market is not working as it should.

Visitors from the Middle East, Europe and the US typically spend more and stay longer in Indonesia compared with tourists from other regions, Tourism Minister said.

President Prabowo Subianto has called on ASEAN member states to accelerate the development of renewable energy and make progress on the long-proposed Trans-Borneo Power Grid, warning that energy security is an “urgent” necessity amid instability in the Middle East.

China's export growth gathered pace in April as factories raced to meet a wave of orders from AI-related industries and other buyers seeking to stockpile components amid fears the Iran war could push global input costs even higher.

The share of the elderly population continues to climb and exceed10 percent for the first time in 2025.

US employment rose more than expected in April, alleviating some concerns about the health of the world's largest economy even as one measure of consumer confidence came in at its lowest-ever level.

The ruling blocks the tariffs from being implemented against just two companies and the state of Washington for now, but it could open doors to further such outcomes.

The share of formal employment in Indonesia has been shrinking in recent years even as the official employment rate has come down, which points to deteriorating job quality in the country’s labor market.  

Singaporean airline Scoot launched twice-weekly flights between Belitung and Singapore on Sunday, marking the route’s inaugural service.

The bad loan rate began to spike in November 2025 and now hovers above 4 percent, while the fintech sector has come under pressure recently following the KPPU's ruling on monopolistic practices related to interest rates.

In a push to reduce the burden of fuel subsidies on the state budget and boost growth in the latter two quarters, the government is planning to roll out a new incentive for purchases of electric two- and four-wheelers in June.

Every dollar increase in the global oil price adds a burden of about Rp 6.8 billion (around $400 million) to the state budget.

The Indonesian economy exceeded expectations in the first quarter as the country posted the strongest gross domestic product growth in years, thanks to a seasonal boost to consumer spending.