The uncertainty weighed on investor sentiment, with the Indonesia Stock Exchange (IDX) Composite Index slipping 0.46 percent on Tuesday, even as major Asian markets advanced on optimism that the Iran conflict may be nearing an end.

State-owned energy firm Pertamina previously increased prices for three non-subsidized products, Pertamax Turbo, Dexlite and Pertamina Dex, by between 48 and 66 percent.

With Pertalite access tightening and Pertamax prices moving at the same time, households need a predictable schedule to plan around when making decisions about vehicle choices, mobility patterns and monthly budgets.

Batam is rapidly transforming into a regional digital infrastructure hub, anchored by a landmark hyperscale data center expansion that underscores the island’s growing strategic relevance in Southeast Asia’s data economy.

Iran's military declared the Strait of Hormuz closed again on Saturday, prompting ships to abandon attempts to transit the waterway and President Donald Trump to warn Tehran against trying to "blackmail" the United States.

The move is part of the administration's effort to control global energy prices that have shot higher during the US-Israeli war on Iran.

However, some prospective buyers said they may hold off on purchasing an EV if incentives are reduced.

The government has announced that Indonesia will soon begin importing crude oil from Russia as part of a broader strategy to diversify energy supplies.

Finance Minister Purbaya Yudhi Sadewa said that S&P would come to Indonesia in June to reassess the country’s economy and budget “thoroughly”.

The government projects excess domestic supply of around 1.5 million tonnes in 2026, which could be allocated for exports.

The oil and gas shortage caused by the United States-Israeli war on Iran should drive demand for renewables, but Indonesia’s inadequate grid infrastructure means a long waiting list remains for rooftop solar installation.  

The International Monetary Fund and foreign investors see Indonesia as one of the world’s “bright spots” with strong economic fundamentals and resilience, despite the country’s vulnerability to global economic turmoil, according to Bank Indonesia.  

The tourism industry is beginning to feel the impacts of the Iran war, prompting the government to shift its strategy toward boosting regional and domestic travel.

China's economic growth topped expectations in the first quarter of the year, official data showed Thursday, even as the global economy reels from the fallout of war in the Middle East.

Foreign investors are selling Thai assets as an energy shock from the US-Israeli war on Iran threatens to snuff out hopes for an economic revival under Prime Minister Anutin Charnvirakul and exposes the policy paralysis that is gripping Bangkok.

Tourism Minister Widiyanti Putri Wardhana sat down with The Jakarta Post’s Ni Made Tasyarani and Chloe Djalal to explain how the ministry aims to meet its targets in the tourism industry, including tourist arrivals.

Indonesia’s state-owned oil and gas company has confirmed that its refineries are capable of processing Russian crude, as the government eyes direct imports.

The city could target high-value spenders who might attend a morning conference in Sudirman but demand a world-class culinary adventure in South Jakarta at night.

The Finance Minister said in March that the waning international perception of the country might be his fault on account of global investors not knowing who he is.

US Treasury Secretary Scott Bessent said on Tuesday China had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports of some goods, mirroring its actions with medical goods during the COVID-19 pandemic.

Investment realization is estimated at around Rp 497 trillion ($29 billion) in the first quarter of 2026, up about 7 percent year-on-year.

Due to the reemergence of oil prices as a key determinant amid the Iran war, monetary authorities facing renewed inflation risks are becoming less likely to cut interest rates, keeping global borrowing costs elevated and tightening financial conditions across both advanced and emerging economies.

Retail sales have grown thanks to the consumption boost from the Idul Fitri holiday period, but consumers are feeling less optimistic about the coming months as they anticipate the economic fallout of the Iran war.

Following the legislature's earlier passage of a law authorizing him to adjust fuel excise taxes, Marcos said the cost of liquefied petroleum gas, the country's fuel of choice for cooking, would be trimmed by 3.36 pesos (5.6 US cents) per kilogram from Tuesday.

On average, across the archipelago, the number of tourists staying at hotels only peaked during March 22-23, before dropping sharply by 62-65 percent on the following day, according to PHRI.  

Carmakers warned that prolonged disruptions could affect deliveries to dealers and customers.

Though the World Bank has downgraded its growth projection for Indonesia due to the economic fallout from the Iran war, a move preceded by a similar revision by the OECD last month, the government insists on the achievability of the state budget target.