The Indonesia Stock Exchange (IDX) has conducted investigations over the fraud allegation and held a meeting with the company’s management on April 8.   

Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations of an imminent US rate hike, although faltering talks to end the war in the Middle East are likely to keep risk sentiment in check.

Indonesia’s textile exports are expected to grow by up to 4 percent in 2027, but weak supply-chain integration and outdated machinery are keeping the the industry from reaching its full potential.

MSCI’s move to remove and downgrade Indonesian stocks from its indexes may trigger outflows of Rp 500 billion to Rp 1 trillion, mainly affecting stocks directly impacted by the rebalancing.

The government is providing eased credit access to back local electric two-wheelers and push for the use of nickel-based batteries in an industry increasingly dominated by lithium alternatives.  

The government’s debt had reached a record high of Rp 10.3 quadrillion, or 41.26 percent of gross domestic product, as of June 30, up Rp 1.8 quadrillion since Prabowo took office in October 2024.

In a bid to offset the processing gap, PTFI is accelerating preparations to restart its new smelter, which has been shut down since a fire in 2024.

In little more than a decade, Indonesia has grown into Southeast Asia's largest economy, with its factories and resource base feeding supply chains that stretch to every major market.

Economists stress that creating a credible plan is more important than painting a bold aspiration, as the government continues to propose ambitious economic growth targets, while seeking to uphold fiscal prudence.

Retailers have criticized the government’s decision to delay the implementation of marketplace tax collection for online sellers, saying it prolongs an uneven playing field disadvantaging bricks-and-mortar businesses already contending with softer consumer spending and rising costs.   

Iran remains under sweeping US and international sanctions, and it has yet to reach a peace deal to end the current conflict with the US and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.

The government has pledged to keep Pertalite prices unchanged despite continued volatility in global crude prices, while exploring other ways to rein in the rising cost of subsidies.  

The push comes as growing logistics and manufacturing activity drives demand for modern warehouse space in Indonesia.

The dollar nudged a little higher in Asian trade on Wednesday, receiving limited additional strength after renewed attacks on shipping in critical waterways in the Middle East, as currency markets anxiously awaited the release of inflation data later in the global day.

There have been no new initial public offerings (IPOs) by state-owned firms on the Indonesia Stock Exchange over the past three years.  

Bank Indonesia’s retail sales index also dropped sharply in June, but the central bank sees improvements next month.

Under the proposed scheme, cooperatives would register carbon units from forests or mangroves with the Carbon Unit Registration System (SRUK), enabling communities to directly benefit from sales. 

More than 500 running events are taking place in Indonesia and more than 200 cities in 2026, roughly five times the number recorded in 2022.

Indonesia holds the world's sixth-largest gold reserves, estimated at around 2,600 tonnes.  

Indonesia also sought a preferential trade agreement (PTA) with South America’s Mercosur bloc as negotiations for a broader Indonesia-Mercosur Comprehensive Economic Partnership Agreement (IEU-CEPA) made little progress. 

President Prabowo Subianto has nominated interim Bank Indonesia governor Destry Damayanti as the sole candidate for the central bank’s vacant governor seat.

Continued layoffs and a shift of work to the informal sector raises questions about the quality of jobs being created as official data shows that the unemployment rate edged down in May.

The figure marks a sharp increase over the 2025 data-matching exercise, which identified approximately 600,000 beneficiary families with transactions linked to online gambling.

Blue-chip technology leaders join forces to build one of Southeast Asia's largest AI infrastructure platforms, targeting 1 gigawatt of NVIDIA DSX AI factory capacity.

The US dollar hovered near a two-month low against major currencies on Monday as investors awaited this week's inflation data for clues on the Federal Reserve's rate path.

Agentic trading is a technology for investing through an artificial intelligence assistant that can analyze, research and execute buy/sell actions in an active account, where every transaction requires final user confirmation.

Anonymous sources said last week Prabowo had his eyes on Destry to win the race and her nomination would be made formal, according to reports from Bloomberg and Reuters.