Trump said he was cutting levies on Indian goods to 18 percent. He had previously imposed 25 percent "reciprocal" tariffs on many products, plus an additional 25 percent for New Delhi's purchases of Moscow's oil.

Investors have been avoiding Indonesia and worry Prabowo's spending and cozy governance are slowly undoing hard-won progress made since the Asian Financial Crisis, when the rupiah collapsed and Prabowo's former father-in-law, Soeharto, was forced from office.

Indonesia posted a 68th consecutive monthly trade surplus in December, thanks to rising exports and despite a global shift toward economic and strategic protectionism.

Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December.

Unlicensed gold mining operations are fueled by a financial network of colossal scale, with suspected funds circulating within the business field estimated at Rp 992 trillion (US$59.09 billion), according to the Financial Transaction Reports and Analysis Center (PPATK).

The centerpiece of a free meals program covering 83 million children and expectant mothers, the plan calls for imports of a million dairy cows over five years to boost numbers from 220,000 now.

Brightening prospects for global demand have helped factory activity expand across Asia. Taiwan's PMI rose to 51.7 in January from 50.9 in December, while that of Indonesia rose to 52.6 from 51.2.

The government has announced plans to spend Rp 13 trillion (US$773 million) on stimulus measures aimed at boosting travel and consumption during the upcoming festive period.

The US government entered what is expected to be a brief shutdown on Saturday after Congress failed to approve a deal to keep a wide swath of operations funded ahead of a midnight deadline.

Transportation and logistics are among the sectors hit hardest by severe congestion and delays that overwhelm the city every year anew.

More details have been announced on the plan to use the Meikarta project for the public housing program, with the government looking to build 141,000 subsidized homes on three plots of land totaling 30 hectares.

Noting broad internal support for the decision, Powell said the Fed remains "well-positioned" to assess when or whether another rate cut may be needed.

President Donald Trump on Tuesday said the United States and South Korea will work out a solution when asked about his surprise Monday announcement that he would increase tariffs on imports from the Asian ally to 25 percent.

Incoming Bank Indonesia (BI) deputy governor Thomas “Tommy” Djiwandono has suggested ending the so-called burden-sharing scheme between the government and the central bank but wants to harmonize fiscal and monetary policies in other ways to push economic growth.

German companies' investments in China hit a four-year high in 2025, according to data compiled for Reuters, underscoring how US President Donald Trump's trade war is pushing industries and governments to boost business ties elsewhere.

President Prabowo Subianto nominated Thomas, his nephew, on Jan. 19 to replace former deputy BI governor Juda Agung, who resigned with immediate effect on Jan. 13, according to BI.

In the first such large commitment for months, the IKN Authority has secured a commitment of nearly US$240 million from the Emirati real estate giant to build a mixed-use development in the future capital.

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.

In his keynote speech at WEF 2026, the President painted the country as a "land of opportunity" while vowing to crack down on noncompliant businesses that continued to prop up the detrimental practice of "greednomics".

Half of Danantara's investments this year will go to public markets, largely in Indonesia, while it also evaluates opportunities in China, India, Japan, South Korea and Europe.

EU leaders heaved a sigh of relief over Donald Trump’s U-turn on Greenland as they met for an emergency summit in Brussels late on Thursday.

President Donald Trump warned Thursday of major reprisals if European countries dumped key holdings of US Treasury bonds to pressure Washington, as temperatures fluctuated over the future of Greenland.

Bank Indonesia, meanwhile, has projected Indonesia’s GDP to grow by around 5.3 percent year on year in 2026, supported by rising consumption and investment.

The agency revealed that Jakarta and Tangerang, despite facing the country’s most severe waste problems, were left out of the initial pilots as local administrations have yet to indicate their readiness.

The President secured 4 billion pounds in investment commitments during his state visit to the UK, which included a meeting with the king on conservation initiatives, before departing to deliver his keynote at Davos.

South Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest slump in three years on weaker investment and exports, but the global AI boom is set to improve the outlook and allow the central bank to retain its steady rates stance.

Foreign investors sold a net roughly $6.4 billion worth of Indonesian government bonds in 2025, adding to the pressure on the currency.

The increasing costs of electricity purchased from IPPs, along with grid operation expenses, may lead to inflated state subsidies and compensation in the long run.

The rupiah slid to Rp 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week, where analysts expect the BI to stand pat on rates. The currency is down nearly 2 percent in January after dropping 3.5 percent in 2025.