The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic reserves amid declining output.

Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of US consumer inflation cemented bets for a Federal Reserve interest-rate cut next week.

The government is planning to impose further curbs on domestic nickel production in a bid to improve global prices and local miners, but has not provided a potential time frame.

The IDX Composite closed up 0.21 percent on Tuesday despite foreign outflows and global economic concerns.

Next year's import quotas for key industrial commodities, including salt and sugar, are to be significantly reduced as part of the Prabowo administration's overarching aim to achieve food self-sufficiency.

China stocks surged and commodities found support on Tuesday on Beijing's new promises of rate cuts and a boost to consumption, while the Australian dollar slid and global stocks were wobbly ahead of a crucial US inflation reading.

The IDX Composite index rose by 0.74 percent on Monday, driven by sectoral gains, strong consumer confidence and the start of window dressing.

Indonesia’s financial market faces a net foreign capital outflow of Rp 5.13 trillion (US$323.4 million) as of early December 2024, the latest report from BI has said.

South Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week.

Federal Reserve officials appear on track to cut interest rates this month after data showed the US labor market remained strong but continued to cool in November, even as debate emerged over a possible pause to rate cuts in the new year.

The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.

The IDX Composite rose by 0.95 percent to 7,382.785 on Friday, with strong gains in technology and property stocks.

The domestic industry is projected to produce 16.4 gigawatt-peaks (GWp) worth of solar panels per year as well as 31.4 gigawatt-hours (GWh) per year worth of battery storage systems.

The IDX Composite index closed 0.18 percent lower on Thursday. Still, analysts remain optimistic about a potential year-end rebound despite the pullback.

The President may not be a fan of stock trading, but his words certainly carry weight, as evidenced when the IDX Composite dipped 0.4 percent the day after he likened it to gambling at a Muhammadiyah meeting on Wednesday.

The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin galloped past US$100,000 for the first time.

South Korea's finance ministry said on Wednesday it was ready to deploy "unlimited" liquidity into financial markets after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.

The IDX Composite (IHSG) dropped by 0.95 percent on Monday. Investors remained cautious because of US trade threats and local concerns over the VAT increase.

Indonesia’s rice output is estimated to reach 32 million tonnes in 2025, according to Coordinating Food Minister Zulkifli Hasan.

The loonie and peso remained weak following sharp drops to multi-year lows on Tuesday, while the yuan edged back towards the previous session's four-month trough.

Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.

The economic potential from foreign tourists during the Christmas and New Year holidays is estimated to reach Rp 29 trillion (US$1.83 billion), highlighting the anticipated impact of tourist activities on Indonesia's economy during the festive season.

The Indonesia Stock Exchange (IDX) Composite index began the week strong, adding 1.65 percent or 118.54 points to sit at 7,314.11 by the end of the closing bell on Monday.

The victory of Donald Trump in the United States presidential election earlier this month, which is seen to usher in a pro-crypto administration in the US, has reignited the global crypto market and boosted optimism among Indonesian investors as well.

The IDX Composite rose 0.77 percent on Friday to close at 7,195.56, supported by positive domestic data and global market trends.

The Indonesia Stock Exchange (IDX) Composite index ended in the red on Thursday, posting a 0.55 percent decline to 7,140.91, despite positive movement earlier in the day.

Bitcoin's march toward US$100,000 made further ground on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under president-elect Donald Trump will unleash a boom era for the asset class.

The central bank has decided to maintain the BI-Rate at 6 percent in anticipation of the potential adverse impacts on Indonesia's economy and currency from the policies of the incoming administration of US president-elect Donald Trump.

The IDX Composite index rebounded 0.86 percent on Tuesday, fueled by a boost in tech stocks and China's stimulus package.