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Fed Holds Interest Rates at 3.75%-4% as Inflation Remains Above Target

JAKARTA, JakartaWeekly.com–The Federal Reserve (Fed) decided to hold its benchmark interest rate at 3.75%-4%, citing inflation that remains above its 2% target and continued strength in the US economy. In its latest statement, the Fed noted that annual inflation stood at 3.7% in September 2026. The central bank also said economic activity was expanding at […]

Logistics Occupancy Reaches 97% in Greater Jakarta

JAKARTA, JakartaWeekly.com—The logistics and industrial markets remained among Greater Jakarta’s strongest-performing property sectors in the third quarter of 2026, with logistics occupancy reaching approximately 97.0% and industrial land absorption totaling around 59 hectares. Ivana Susilo, Head of Capital Markets & Industrial Logistics at CBRE, said strong logistics occupancy was supported by continued demand from e-commerce, […]

With New Product, PT Jakarana Tama Looks to Drive Business Growth

BOGOR, JakartaWeekly.com — PT Jakarana Tama, the maker of Gaga instant noodles, expects its new instant chicken noodle product to help expand its market reach and drive business growth. The product is part of Gaga’s strategy to reach consumers beyond the spicy instant noodle segment, which has long been one of its signature offerings. PT […]

Bank Mandiri Explains Loan facility Secured by JARR and PGUN Shares

JAKARTA, Jakartaweekly.com—Bank Mandiri has confirmed that it provided a loan facility to PT Johnlin Baratama, secured by fixed and non-fixed assets, including shares in JARR and PGUN. PT Johnlin Agro Raya Tbk (JARR) and PT Pradiksi Gunatama Tbk (PGUN) are affiliated of PT Johnlin Baratama.  Bank Mandiri Senior Vice President Adhika Vista explained in a […]

Refined Sugar Supply Secure Through Year-End, 2027 Imports to Be Fast-Tracked

JAKARTA, JakartaWeekly.com—Refined sugar supplies for industrial use are expected to remain sufficient through December 2026, including during the Christmas and New Year (Nataru) holiday period. However, availability is expected to be limited in January 2027, prompting the government to seek faster completion of industrial demand plans and import approvals. The Minister of Industry Muhammad Samurji […]

Astra Otoparts Posts Rp1.80 Trillion in Net Profit in First Nine Months of 2026

JAKARTA, JakartaWeekly.com—PT Astra Otoparts Tbk recorded a net profit of Rp1.80 trillion in the first nine months of 2026, up 14.7% from the same period a year earlier. The company’s net revenue also rose 15% to Rp17.02 trillion. Astra Otoparts President Director Yusak Kristian Solaeman said the company’s performance growth was supported by positive contributions […]

Indonesia Cuts Gas Exports to Singapore While Importing Pertalite

JAKARTA, Jakartaweekly.com—Indonesia’s decision to cuts gas exports to Singapore has highlighted the interconnected nature of energy trade between the two neighbours, as the government seeks to prioritise domestic demand while continuing to rely on Singapore for some fuel imports. The natural gas reduction, which took effect on October 24, involves 31 million standard cubic feet […]

NLP Expo and INDOGRITECH Expo to Be Held on November 4–7, 2026

JAKARTA, JakartaWeekly.com—The Nusantara Livestock & Poultry (NLP) Expo 2026 and INDOGRITECH Expo 2026 will be held on November 4–7, 2026, at Hall 5 of the Indonesia Convention Exhibition (ICE) BSD City. The exhibitions aim to bring together stakeholders from Indonesia’s livestock, poultry, and agricultural industries. PT Debindo Global Expo Director Rafidi Iqra Muhamad said the […]

Indonesia Urged to Expand Toyota Double-Cab Exports to Australia

JAKARTA, JakartaWeekly.com—The Ministry of Industry has urged PT Toyota Motor Manufacturing Indonesia (TMMIN) to tap into the Australian automotive market, citing its significant potential. Industry Minister Muhammad Sarmuji said the government had asked TMMIN to increase car exports from Indonesia by expanding its model lineup and destination markets. “For example, Australia still sources many of […]

IDX Says FTSE Russell Maintains Indonesia’s Secondary Emerging Market Status

JAKARTA, JakartaWeekly.com—Indonesia Stock Exchange (IDX) President Director Jeffrey Hendrik said international index provider FTSE Russell has maintained Indonesia’s stock market classification as a Secondary Emerging Market. FTSE Russell has also excluded Indonesia from its watch list for a potential downgrade. Jeffrey made the statement at a joint press conference with the Financial Services Authority (OJK) […]

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