JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia has launched a scathing diplomatic protest and demanded a full United Nations investigation after Israeli artillery fire struck a peacekeeping position in Southern Lebanon, killing one Indonesian soldier and wounding three others. Foreign Minister Sugiono, speaking from Tokyo on Monday, confirmed the death of Praka Farizal Rhomadhon, a member of […]
JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s state-owned energy giant, Pertamina, has moved to quell growing public anxiety following a wave of viral social media posts predicting a massive spike in fuel prices effective April 1. The rumors, which have been circulating rapidly across platforms, suggested that the price of Pertamax (RON 92) would jump by over […]
JAKARTA, Indonesia (JakartaWeekly.com) – Once a fading relic of 1980s retail, the Blok M district in South Jakarta has completed a radical metamorphosis. No longer just a shopping destination, the neighborhood has emerged as the definitive heartbeat of Indonesia’s creative economy, drawing high-level government praise for its role in the nation’s post-pandemic recovery. Teuku Riefky […]
JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia is cementing its status as a premier global gastronomic destination, with two of its flagship dining establishments securing prestigious spots on the Asia’s 50 Best Restaurants 2026 list. At a high-profile ceremony held in Hong Kong on March 25, the Jakarta-based August and Ubud’s Locavore NXT were recognized for their […]
JAKARTA, Indonesia (JakartaWeekly.com) – As global economic volatility persists, PT Bank Mandiri (Persero) Tbk is doubling down on domestic resilience, deploying Rp7.35 trillion (US$462 million) in People’s Business Credit (KUR) through February 2026. The state-owned lender has already reached 59,327 small and medium enterprises in just two months, hitting nearly 18% of its annual Rp41 […]
JAKARTA, Indonesia (JakartaWeekly.com) – As the conflict involving the United States, Israel, and Iran threatens to paralyze global energy arteries, Indonesia and Japan have reached a high-stakes agreement to accelerate the development of the Abadi Field in the Masela Block. The deal, struck during President Prabowo Subianto’s state visit to Tokyo, aims to fast-track the […]
JAKARTA, Indonesia (JakartaWeekly.com) – The Indonesian rupiah is hovering at a perilous psychological crossroads, inching closer to the Rp17,000 per US dollar mark as a perfect storm of soaring energy costs and a hawkish Federal Reserve batters emerging market sentiment. On Monday morning, the currency slipped further to Rp16,981, a move that analysts say is […]
JAKARTA, Indonesia (JakartaWeekly.com) – While global dollar-denominated bond markets remain largely shuttered by geopolitical tremors, United Overseas Bank (UOB) has successfully navigated the calm waters of China’s domestic debt market, pricing a massive RMB 5 billion (US$690 million) “Panda bond.” The three-year offering did more than just raise capital; it secured one of the lowest […]
JAKARTA, Indonesia (JakartaWeekly.com) – Despite a brutal sell-off that has wiped out nearly 20 percent of the Jakarta Composite Index (IHSG) this year, Finance Minister Purbaya Yudhi Sadewa remains defiantly bullish on Indonesia’s market outlook. On Monday, as the index slumped by 1.61 percent to close at 7,022.29, Purbaya brushed off investor fears surrounding the […]
JAKARTA, Indonesia (JakartaWeekly.com) – Facing a deepening energy crunch fueled by geopolitical turmoil in the Middle East, the Indonesian government is dusting off its pandemic-era playbook. President Prabowo Subianto has signaled that a widespread return to “work-from-home” (WFH) policies for civil servants may be on the table as part of a national austerity drive to […]
