Layoffs have continued to rise across the country, especially in labor-intensive sectors such as textiles and footwear.  

In May, BI revised down its projection for loan growth this year, from 11–13 percent to 8–11 percent.

China is accelerating its record-breaking renewable energy drive, installing 1.5 times more wind and solar this year than last -- three-quarters of global capacity under construction, a report said Wednesday.

US Comex copper futures jumped more than 12 percent to a record high after President Donald Trump announced the planned tariffs.

Indonesia has yet to secure lower tariffs from the United States despite a range of concessions it put on the table. Experts caution that striking a trade deal may be “too complex” a task.

PT HM Sampoerna Tbk (Sampoerna) has made significant progress in advancing smoke-free products in Indonesia, as science- and technology-driven alternatives continue to gain public trust. These innovations are delivering positive impacts for adult consumers, business partners, and public health.

As smoke-free alternatives developed by PT HM Sampoerna Tbk. (Sampoerna) and its parent company, Philip Morris International (PMI), continue to gain popularity, a key question arises: How do Sampoerna and PMI meet both domestic and export demand while maintaining high-quality standards?

The government and House of Representatives  Commission XI, which oversees financial affairs, approved the basic macroeconomic assumptions for the 2026 state budget.

In a letter dated Monday and posted on Donald Trump’s Truth Social account, the United States president said the measure was needed to correct “very persistent” trade imbalances that he blamed on Indonesian tariff and nontariff trade barriers.

The 14 countries sent letters so far, which included smaller US exporters like Serbia, Thailand and Tunisia, hinted at opportunities for additional negotiations while at the same time warning that any reprisal steps would be met with a like-for-like response.

A government plan to revert from a triennial to an annual basis for mining work plan approvals (RKAB) has drawn mixed reactions from industry players, with some warning of increased uncertainty and red tape but others seeing a chance to boost flexibility and revenue.

The Malaysia-based airline plans to expand its network with routes connecting Indonesia with Northern Asia, Australia and the Middle East.

Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric vehicles and Beijing slapping duties on imported brandy from the bloc.

The divestment comes as KFC Indonesia faces headwinds from slowing consumer demand amid boycott movements linked to the Middle East crisis.

Jakarta has also pledged to step up its energy and merchandise imports to close the trade gap.

Conceived two decades ago as a forum for fast-growing economies, BRICS has come to be seen as a Chinese-driven counterbalance to US and western European power.

Coordinating economic minister Airlangga Hartarto, the country's main negotiator in tariff talks with the United States, is scheduled to go to the US on Monday, an official told Reuters.

With forums such as the G7 and G20 groups of major economies hamstrung by divisions and the disruptive "America First" approach of the US president, BRICS is presenting itself as a haven for multilateral diplomacy amid violent conflicts and trade wars.

To get there, bolder reforms are needed, said Prime Minister Lawrence Wong in a video message posted on YouTube on July 5, adding that the association’s 10 nations may be limited in scale individually but together have considerable weight.

The rates will "boomerang back" to the sometimes very high levels that President Donald Trump had announced on April 2 -- before he suspended the levies to allow for trade talks and set a July 9 deadline for agreements, Bessent told CNN.

With very few actual trade deals done, analysts had suspected Donald Trump's tariff deadline would be pushed out, though it was still not clear if the new date applied to all trading partners or just some.

The House Budget Commit has green-lit the Finance Ministry's recommended SAL drawdown to shore up shortfalls as a result of earlier-than-expected fiscal pressures due to stuttering disbursement for the government's big-ticket flagship programs.

The Digital x Real Sector Launchpad has been implemented at dairy cow cooperative in Malang, East Java, providing various services to support digital transformation.

Telkom's new CEO is starting her tenure with a bang, kicking off an initiative to strengthen the state-owned telco's bottom line by streamlining underperforming subsidiaries through internal consolidation and possibly external mergers.

The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above US$80 a barrel.

The joint statement by the group's finance ministers marks the first time the BRICS countries haveagreed on a unified position on the proposed reforms. They agreed to back the shared proposal at an IMF review meeting coming up in December, which will discuss changes to a quota system that defines contributions and voting rights.

The draft summit declaration does not mention the United States or its president by name. But it is a clear political shot directed at Washington from 11 emerging nations, including Brazil, Russia, India, China and South Africa.