The US central bank's rate decision should help ease the costs of mortgages and other loans -- welcome news for consumers, who had widely cited the cost of living as a top concern ahead of Tuesday's vote. 

The HSBC Quality of Life 2024 study found that affluent customers in Indonesia considered funds of Rp 5.37 billion (US$340,000) to be the ideal amount to enter retirement.

Pilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.

The regulation also scraps import taxes on train part imports and imported components for machinery used by the Defense Ministry. 

The President has called on top government officials to cut travel and ceremonial expenditures to channel more funds to his administration's housing initiative and food security aims, including his signature free meals program.

President Prabowo Subianto has added two new directorate generals to the Finance Ministry – the Economic and Fiscal Strategy Directorate General and the Financial Sector Stability and Development Directorate General.

Vietnam has one of the largest trade surpluses with the US.

Australia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a range of measures that include some of the toughest controls imposed by any country to date.

China's outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war looms.

Coordinating Infrastructure and Regional Development Minister Agus Harimurti Yudhoyono has tasked the Spatial Planning Ministry/National Land Agency with forming a land acquisition committee to support infrastructure programs.  

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

The Bank Indonesia governor said Trump’s presidency could have broad implications for emerging markets like Indonesia, impacting exchange rates and capital flows.

Deputy Industry Minister Faisol Riza said on Wednesday that the ministry hoped Apple would commit to putting the plan in place.

Statistics Indonesia (BPS) reported a decrease in unemployment to 4.91 percent or 7.47 million, with significant implications for the labor market.

Fed will have to keep rates high, hitting emerging markets

The newly established National Economic Council (DEN) is tasked with providing recommendations to the President on strategic economic issues.

President Prabowo Subianto has inked a regulation on debt relief for individuals and micro, small and medium enterprises (MSMEs) engaged in farming, fishing and plantation sectors.

The world's biggest cryptocurrency BTC rose 7 percent to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line on cryptocurrency regulation.

US stock futures and the dollar pushed higher in Asia on Wednesday as early results from the US presidential election suggested the race remained too close to call, leaving investors jumping at shadows.

State-Owned Enterprises (SOEs) Minister Erick Thohir has put forward the idea in support of President Prabowo Subianto’s plan to achieve self-sufficiency in food production.

Going forward, the prospect of interest rate cuts and the new government’s policies are expected to further support potential loan acceleration.

Indonesia’s gross domestic product (GDP) growth has slowed down every quarter this year on the back of a slowdown in household spending, which economists attribute to weakening purchasing power.

The minister aims to cut the number of SOEs from 47 currently to 30 companies through a consolidation plan by sector to improve efficiency toward achieving self-sufficiency.

The IDX Composite index closed 0.17 percent higher at 7,491.93 on Tuesday, driven by gains in energy and consumer sectors, despite early losses and signs of slowing economic growth.

State-Owned Enterprises (SOEs) Minister Erick Thohir said the ministry, after conducting a review of the project, had concluded it was unnecessary to build the new terminal. The government’s new plan to expand the airport's three existing terminals, Erick said, would cost only Rp 1 trillion.

The KSPI has released a statement announcing nationwide strikes on Nov. 19 and Dec. 24 over the government's failure to comply with the Constitutional Court's 2021 ruling to amend the highly contentious jobs law, as well as its failure to meet workers' minimum wage demands conveyed last month.

Striking workers at Boeing approved the company's latest contract proposal Monday, ending a more than seven-week stoppage that underscored discontent within the workforce of the beleaguered aviation giant.