JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s finance ministry has begun identifying potential budget cuts across government agencies, a preemptive strike aimed at protecting the nation’s fiscal deficit as soaring global oil prices put the state treasury under immense pressure. Finance Minister Purbaya Yudhi Sadewa confirmed on Monday that his office is drafting an efficiency plan to […]
JAKARTA, Indonesia (JakartaWeekly.com) – As tens of millions of Indonesians prepare for the annual Mudik—the world’s largest seasonal migration—the logistics of traveling and celebrating without household help are driving a surge in specific e-commerce trends. Lazada Indonesia has identified a significant peak in demand for automotive, home appliance, and electronic categories as the country approaches […]
JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s benchmark stock index is treading water as a perfect storm of soaring energy costs and geopolitical brinkmanship in the Middle East sends ripples through global markets. The Jakarta Composite Index (IHSG) opened with a cautious gain of 0.13 percent to 7,398.85 on Thursday, but analysts warn the uptick is fragile. […]
JAKARTA, Indonesia (JakartaWeekly.com) – The global economic center of gravity is shifting rapidly toward Southeast Asia, with Indonesia projected to leapfrog traditional industrial powerhouses Japan and South Korea to become the world’s fifth-largest economy by 2050. Speaking at the Tokyo Conference 2026, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, laid out a bold vision […]
JAKARTA, Indonesia (JakartaWeekly.com) – As the specter of a closed Strait of Hormuz looms over global commodity chains, Indonesia is doubling down on a high-stakes internal strategy: spending its way to safety. Despite the escalating conflict involving the United States, Israel, and Iran, Jakarta’s Ministry of Finance remains bullish, projecting a 5.4% growth rate for […]
JAKARTA, Indonesia (JakartaWeekly.com) – Prices for Indonesia’s benchmark gold bars saw a marginal retreat on Thursday morning, as the state-owned miner PT Aneka Tambang (Antam) adjusted its rates downward amid shifting market conditions. As of 9:20 AM WIB, the price for one gram of Antam gold was quoted at Rp3,042,000, according to the official Logam […]
JAKARTA, Indonesia (JakartaWeekly.com) – As market volatility returns to haunt digital asset portfolios, a high-stakes partnership between Bybit and Tether is betting that the oldest hedge in human history—gold—is the answer to crypto’s modern-day anxiety. With the “Crypto Fear & Greed Index” hitting extreme levels and Bitcoin prices remaining stagnant below their previous peaks, the […]
JAKARTA, Indonesia (JakartaWeekly.com) – In an industry often characterized by volatile cycles and shifting loyalties, two of Indonesia’s energy titans have decided to double down on a partnership that has already outlasted most marriages. PT Bukit Makmur Mandiri Utama, the operational powerhouse known as BUMA, has officially inked a long-term extension with PT Adaro Indonesia […]
JAKARTA, Indonesia (JakartaWeekly.com) – In what is being described as one of the most complex “live” digital overhauls in the telecommunications industry, Telkomsel’s digital brand, by.U, has successfully migrated to a new cloud-native platform without interrupting service for its millions of users. The move, executed in partnership with global telco tech firm Circles, marks a […]
JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s food and beverage sector is set for a functional boost following the regulatory approval of Kerry’s BC30 probiotic, a move that allows manufacturers to officially utilize “Live Culture” claims on product packaging across the archipelago. The decision, handed down by the National Agency of Drug and Food Control (BPOM), follows […]
