Latest News on Business, Economy, and Investment: Today's Updates

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Jakarta Post
Economy premium

Suahasil seen to prioritize fiscal discipline, continuity

The new finance minister is expected to favor predictable policy and tighter governance even as Prabowo pushes for growth.  

8 hours ago
Companies premium

Agrinas chief lambasts delay in installing cooperatives managers

The head of the state-owned agribusiness has expressed frustration at the delay in installing managers at individual Red and White Cooperative units, describing it as “a form of structural sabotage”. ...

14 hours ago
Economy

Purbaya says he was 'upset', but half expected removal

Known for his candor, Purbaya Yudhi Sadewa's tenure was marked by the fastest economic growth in three years, but also the widest budget deficit in over twenty years outside of the pandemic, and credit rating outlook downgrades by ratings agencies Fitch and Moody's. ...

14 hours ago

The Latest

Economy

Long-term sectoral growth patterns: What should we focus on?

The manufacturing sector’s contribution to GDP remains substantial, 19.1 percent in 2025, but its growth has lagged behind national growth, causing its share of GDP to decline over the past 15 years.

15 hours ago
Markets premium

IDX launches short selling scheme after long delay

The Indonesia Stock Exchange (IDX) plans to issue the list of short-selling securities on Sept. 28, which is slated to take effect in October.  

16 hours ago
Tech

Indonesia's second digital leap must be about capability

Indonesia's next digital leap, rather than helping democratize access, must lead toward democratizing capability: using AI to generate value.

17 hours ago
Regulations premium

Social aid exclusion errors spur call for bigger data registry budget

Statistics Indonesia (BPS) acknowledged a 23 percent error rate in its mathematical model for estimating household expenditure in the Single National Socioeconomic Data (DTSEN).

18 hours ago
Markets

Dollar near two-week high as oil surge lifts yields, Fed hike bets

The dollar inched up to trade near a two-week high on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will raise interest rates this week.

18 hours ago
Markets premium

Stricter caps, trusted supply key for RI to hit $40 carbon price

The Energy and Mineral Resources Ministry is targeting a carbon price of $40 per tonne, up sharply from the current level of $4-5 per tonne.

23 hours ago
Economy

Prabowo sacks Purbaya, turns to familiar hand at Finance Ministry

Suahasil Nazara, former deputy finance minister, pledged after his inauguration to maintain a “healthy and credible” state budget.

1 day ago
Regulations premium

Pertamina seeks excise exemption for ethanol import to boost biofuel rollout

Existing bioethanol supplies can cover only about 3 percent of national demand for biofuel applications, according to the Investment and Downstream Ministry data.

1 day ago
Economy premium

Makassar fuel queues trigger WFH, rotating purchase policy

Truck refueling has also been shifted to the evening to ease congestion at gas stations.

1 day ago
Markets

AI-linked Asian stocks slump after top lab CEOs call for development slowdown

Anthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said that they agree with Amodei.

1 day ago
Markets

Oil prices jump more than 2 percent after new strikes on Saudi, Strait of Hormuz

Oil prices had been expected to rise on Monday amid growing concerns about risks to supply from Saudi ​Arabia, the world's largest oil exporter, whose East-West oil pipeline was shut on Friday by a drone strike that originated in ‌Iraq.

1 day ago
Companies premium

SOE dividend grab tests Danantara’s mandate

Despite objections from Danantara, the finance minister insists the dividends be transferred this year in line with President Prabowo’s instruction.

2 days ago
Economy premium

Indonesia, China eye cooperation to boost 3 million homes program

The cooperation has formed a working group that includes representatives from BP Tapera and is set to report its survey findings for potential development sites by the end of September.

2 days ago
Economy

India's Modi and China's Xi push business links, border peace as ties revive

India and China's leaders pledged on Saturday to build up business and transport links, New Delhi said, as both rebuild ties badly damaged by a 2020 military clash on their disputed Himalayan border.

2 days ago
Markets

Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping

Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher.

3 days ago
Economy

Trump says he would be OK with China building cars in US

A regulation imposed by former President Joe ​Biden's administration in early 2025 effectively bans all Chinese automakers from selling or building passenger vehicles in the US.

3 days ago
Markets premium

Growing domestic investor dominance double-edged sword for IDX

The stock market has seen a gradual recovery despite remaining vulnerable to foreign sell-offs amid global headwinds and lingering concerns over index provider MSCI’s upcoming review, with domestic investors increasingly in the driver’s seat.  

3 days ago
Companies

GIFA Indonesia and METEC Indonesia return to strengthen downstream industry development

As Indonesia expands its metal and aluminum capacity, GIFA and METEC Indonesia are positioning themselves as platforms to accelerate downstream processing, improve efficiency and strengthen the country’s industrial value chain.

4 days ago
Companies

Govt: SPP-TDLN complements digital VAT collection, not new or double taxation

Under the mechanism, the government seeks to expand the existing tax base, potentially doubling the current figure of Rp 8 trillion (US$454 million) to 12 trillion.

4 days ago
Economy premium

Budget can weather $100 crude amid renewed Iran tensions, govt says

Brent crude, the global oil benchmark, slipped to $104.77 a barrel on Friday after hitting $108 on Thursday, its highest level since May 19 and its biggest one-day jump in six weeks. 

4 days ago
Companies

Micron promises Taiwan workers up to 68 months' pay after strike threat

US memory chip giant Micron Technology said Friday that its workers in Taiwan will receive the equivalent of up to five years and eight months of pay, as labor unions threaten to strike unless the company overhauls its bonus system.

4 days ago
Companies premium

Mining operations at Weda Bay Nickel restart after four-month halt

French mining group Eramet has announced that mining operations at PT Weda Bay Nickel (PT WBN) have resumed following authorization from Indonesian authorities, ending a four-month period of care and maintenance.

4 days ago
Companies premium

Local companies making bulk of 14,000 govt cars, not Pindad: Ministry official

A senior Industry Ministry official told a House commission meeting on Wednesday that aside from Pindad, other local manufacturers were producing the bulk of 14,000 vehicles ordered for government use.

4 days ago
Economy

India to push BRICS digital currency link

India is chairing BRICS this year, with leaders of the bloc set to meet in New Delhi on September 12 to 13. The Reserve Bank of India (RBI) proposed linking the countries' official digital currencies to facilitate cross-border trade, Reuters reported in January. 

4 days ago
Markets

Stocks tumble as oil and inflation fan rate hike bets

Asian stocks tumbled Friday as oil prices extended gains and bond yields held at multi-year highs as the Middle East crisis stoked supply concerns and a forecast-topping US inflation report ramped up rate hike bets.

4 days ago
Regulations premium

Unions, employers divided over key employment bill provisions

Labor groups are gearing up for nationwide protests, demanding stronger worker protections from changes to the minimum wage formula and tighter limits on contract work to a government-funded severance reserve.

4 days ago
Companies

IEE Series Engineering Week 2026 aims to drive Indonesia’s industrial transformation

The four-day series brings eight strategic industrial sectors under one roof, highlighting how collaboration, technology and sustainability can accelerate Indonesia’s industrial transformation

5 days ago

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