JAKARTA, Jakartaweekly.com — Analysts have welcomed the government’s plan to introduce new incentives for battery electric vehicles (BEVs). However, they stressed that the policy should serve as a catalyst for the development of Indonesia’s domestic electric vehicle industry. Tri Yuswidjajanto, a professor at the Bandung Institute of Technology (ITB), said the upcoming incentive package should […]
PT Surya Semesta Internusa (SSIA) has secured two new data center investors and an electric motorcycle manufacturer at its Suryacipta City of Industry in Karawang during the first half of 2026, as demand for industrial estates from data center, EV, and high-tech manufacturing sectors continues to grow despite global economic uncertainty. The company is accelerating smart infrastructure development and ESG initiatives while expanding tenant occupancy across both Karawang and Subang Smartpolitan.
JAKARTA, Jakartaweekly.com — The debate over a potential fare increase for the Transjabodetabek, has resurfaced in recent weeks. Jakarta’s provincial government has explained that the main considerations behind the proposal are the continuous expansion of the network over the past few years and the growing subsidy burden, which has now exceeded Rp9,000 per passenger. For […]
JAKARTA, Jakartaweekly.com—Two Jakarta-owned regional enterprises (BUMDs) operating in the food and property sectors reported losses throughout 2025. The companies are PT Food Station Tjipinang Jaya and PT Jakarta Propertindo (Jakpro). Stagnant economic growth, climate-related challenges, and rising geopolitical tensions emerged as key headwinds affecting the performance of both companies. Climate-related distruptions, for instance, drove rice […]
PT Plaza Indonesia Realty Tbk (PLIN) and its parent entity have fully converted their remaining USD debt liabilities into a new Rp4.7 trillion Rupiah-denominated syndicated loan with local banks,
JAKARTA, Jakartaweekly.com — Private fuel station operators BP-AKR and Vivo have also raised the prices of their RON 92 and RON 95 gasoline products following Pertamina’s adjustment of Pertamax and Pertamax Green fuel prices. Effective June 10, 2026, Pertamina increased the price of Pertamax (RON 92) from Rp12,300 per liter to Rp16,250 per liter, a […]
JAKARTA, Jakartaweekly.com — The government has officially raised the prices of non-subsidized fuels, Pertamax and Pertamax Green, effective June 10, 2026. Despite the increase, Pertamax remains the cheapest RON 92 gasoline among Asean countries. According to the official website of PT Pertamina Patra Niaga, the price of Pertamax (RON 92) has risen from Rp12,300 per […]
JAKARTA, Jakartaweekly.com—The industrial land market in Greater Jakarta (Jakarta, Bogor, Depok, Tangerang, and Bekasi) showed a more moderate growth trend at the beginning of 2026. Amid relatively stable market activity, investors have become more cautious. However, Colliers believes that the data center, manufacturing, chemical, and electric vehicle (EV) industries remain attractive sectors. Research conducted by […]
JAKARTA, Jakartaweekly.com—An economist warned that Bank Indonesia’s (BI) interest rate hikes will only have a temporary impact unless they are accompanied by credible and firm fiscal disciplines. BI raised its BI rate by 25 basis points (bps) to 5,5% during a weekly Board of Governors Meeting (RDG) on Tuesday, June 9, 2026. The central bank […]
JAKARTA, Jakartaweekly.com — Despite a challenging economic environment throughout 2025, several regional state-owned enterprises (BUMDs) under the Jakarta Provincial Government managed to deliver positive financial results. Business diversification, operational efficiency measures, and the development of new revenue streams were among the key factors supporting profit growth across the city-owned companies. According to the latest financial […]
