JAKARTA, Jakartaweekly.com—KAI’s net profit slumped 74% year-on-year (yoy), with net profit attributable to the parent entity declining from Rp1.18 trillion to Rp305.37 billion. The decline was mainly caused by significant losses from associates and joint ventures, which surged by more than 200% on an annual basis. The company recorded net losses from associates and joint […]
JAKARTA, Jakartaweekly.com — At least five foreign manufacturers companies have decided to stopped production in Indonesia. The reasons behind their departures vary, ranging from global business restructuring to financial distress that ultimately resulted in bankruptcy. Jakarta Weekly notes that most of these factory closures took place in 2025. The shutdowns affected thousands of workers, leading […]
JAKARTA, Jakartaweekly.com—WTI and Brent crude oil prices plunged on Monday, August 3, 2026, according to Investing.com data as of 10:44 a.m. WIB. WTI crude fell 5.48% to US$80.12 per barrel after briefly touching US$79.67 per barrel. Meanwhile, Brent crude declined 4.99% to US$83.54 per barrel. The sharp decline came after President Donald Trump announced that […]
JAKARTA, Jakartaweekly.com—Antam gold prices today, Sunday, August 2, 2026, were set at Rp2,603,000 per gram, based on the latest data from Antam Precious Metals’ official website, which is updated daily at 8:30 a.m. WIB. Today’s Antam gold price showed a slight decline compared with the previous Sunday. Last Sunday, Antam gold was priced at Rp2,612,000 […]
JAKARTA, Jakartaweekly.com—Economists say the recent leadership changes at Indonesia’s Ministry of Finance, Bank Indonesia (BI), the Financial Services Authority (OJK), the Indonesia Deposit Insurance Corporation (LPS), and the Indonesia Stock Exchange (IDX) within a relatively short period reflect simultaneous pressures facing the country’s financial institutions. At the same time, they emphasize that despite leadership or […]
JAKARTA, Jakartaweekly.com—A wave of leadership changes at Indonesia’s top financial institutions has drawn significant public attention during President Prabowo Subianto’s administration. Within the past 12 months, five key financial institutions, the Ministry of Finance, the Indonesia Stock Exchange (IDX), the Financial Services Authority (OJK), the Indonesia Deposit Insurance Corporation (LPS), and Bank Indonesia (BI) have […]
JAKARTA, Jakartaweekly.com— Perry Warjiyo officially resigned two years before the end of his second term as Governor of Bank Indonesia (BI). His decision came as a surprise to many, particularly given his extensive track record in leading Indonesia’s central bank. According to various sources, Perry Warjiyo is widely recognized for steering Indonesia’s economy through the […]
JAKARTA, Jakartaweekly.com—The government has accepted the resignation of Perry Warjiyo as Governor of Bank Indonesia (BI). Despite the leadership transition, economists believe the central bank’s policy direction will remain unchanged, as Senior Deputy Governor Destry Damayanti is set to serve as Acting Governor in accordance with prevailing regulations. Permata Bank Chief Economist Josua Pardede said […]
JAKARTA, Jakartaweekly.com—Indonesia’s Antam gold prices are forecast to trade between Rp2.44 million and Rp2.74 million per gram, driven by geopolitical tensions, global trade disputes, and expectations surrounding the U.S. Federal Reserve’s interest-rate policy. According to Ibrahim Assuabi, Director of PT Traze Andalan Futures, global gold prices could rise when trading resumes on Monday, potentially lifting […]
JAKARTA, Jakartaweekly.com—Global gold prices and domestic gold bullion are expected to remain volatile with a downward bias. For domestic gold bullion, prices are expected to trade within a range of Rp2,430,000 to Rp2,720,000 per gram this week. The main drivers are escalating geopolitical tensions in the Middle East, particularly threats of blockades in the Red […]
