The US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.

The Fed's Federal Open Market Committee voted unanimously to raise rates by 25 basis points to between 3.75 and 4.00 percent.

The government’s plan to assume direct ownership of the Indonesian stake in the Jakarta-Bandung high-speed railway project is up in the air following the sudden removal of Purbaya Yudhi Sadewa as finance minister.  

The LRT City projects, launched in 2016, have been hit by weak property sales, squeezing the cash flow of state-owned construction firm Adhi Karya, which manages the project.

The disclosure comes amid circulating rumors that tycoon Haji Isam will acquire a 62 percent majority stake in Bayan.

AirAsia owes state-linked airport operator Malaysia Airports Holdings Berhad (MAHB) at least 500 million ringgit (US$123.6 million) for services including landing and parking fees.

History has been made. Representing Indonesia on the world stage, Sinarmas World Academy (SWA) has broken into the top five International Baccalaureate (IB) schools in the world, according to the newly released 2026 results from  IB-Schools.com*. 

Stocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day.

Citing data from the Shanghai Metals Market (SMM), Indonesia's coal exports totaled 36.10 million tonnes in August, down 23.34 percent year-on-year and 6.54 percent month-on-month, the lowest August level in five years.

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

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”.

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.

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.

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.  

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

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

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.

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.

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

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

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

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.

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.

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

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.

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.

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.