The limited supply of subsidized gas priced at US$7 per MMBTU has forced many manufacturers to source additional gas at prices ranging from $11.5 to $15 per MMBTU.

China and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.

The dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.

The impact of the regulation on the banking industry would be uneven, as private banks may lose up to half of their export forex funds.

The finance minister has hailed "real improvement" across the board in tax collection, which the government said was the result of stronger economic activity and improved implementation of the Coretax platform.

Foreign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.

The OJK expressed optimism on Friday that "strong banking capital resilience" would help serve as a buffer against the impacts of a weakening rupiah, after unveiling the industry's loan growth figures in April.

The Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.

Bank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record ​lows in the past few weeks.

Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.

Developers are marketing investment yields of as much as 17 percent, betting that strong tourism demand, remote work and an influx of wealthy foreigners could sustain returns despite a broader slowdown in the country’s overall property market.

The newly appointed National Nutrition Agency (BGN) head has pledged sweeping efficiency measures and a moratorium on new kitchens, signaling a major reset of President Prabowo Subianto’s flagship free nutritious meal program following a corruption scandal.

Jadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.

The organization urged Indonesia to improve the efficiency of public spending by better targeting energy subsidies toward vulnerable households rather than relying on broad-based price controls.

Tsingshan Group is considering a major development in Madagascar, the country's mines ministry said, while Lygend Resources, opens new tab is looking at a project in Tanzania as well ‌as restarting the Koniambo operation in New Caledonia, according to industry sources.

Artificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.

The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.

The central bank said it would intensify intervention to stabilize the rupiah and ensure orderly markets while maintaining attractive yields on monetary instruments to support capital inflows.

Economists believe the new mandate might open the door for political intervention and declining independence of the monetary authority.

Indonesia’s government bond markets have remained resilient, supported by policy credibility and a stable domestic investor base amid global volatility, a deputy finance minister said.

Jakarta has strengthened its safeguards against forced-labor imports through Trade Minister Regulation No. 9/2026, issued earlier this year, which seeks to ensure imported goods are not produced using forced labor.

The government has been pushing for the integration of both firms since 2016 in a bid to address challenges faced by KAI in procuring railways, while also expecting the merger to improve delivery reliability and quality of railway equipment.  

As the rupiah plummeted to a historic low against the dollar, the House gave the green light for a legislative amendment that has raised alarm bells over central bank independence.

The ride-hailing service provider has reaffirmed its commitment to investment in the country despite concerns over a commission cap

The rupiah slid to a new record low of Rp 18,000 per United States dollar on Thursday, extending its losses this year to more than 7 percent and making it Asia’s worst-performing currency as rising oil prices and deteriorating trade dynamics rattled investors.

The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention alert.

The EU on Wednesday eased its spending rules to help member states confront the energy shock sparked by the Middle East war, as back-to-back crises leave countries in a fiscal squeeze.