After Hotel Sultan Controversy, Prabowo Orders GBK Revamp into Global Icon

JAKARTA, Jakartaweekly.com—Following recent controversy related to Hotel Sultan, President Prabowo Subianto summoned Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) as well as Head of the Danantara Investment Authority Rosan Roeslani, along with several ministers of the Merah Putih Cabinet, to the Merdeka Palace in Jakarta on Monday, June 22, 2026. The […]

TCO Becomes Key Consideration for Consumers When Purchasing Vehicles

JAKARTA, Jakartaweekly.com — Changan, a China-based automotive brand under the Indomobil Group, says the electric vehicle (EV) trend in Indonesia continues to show positive growth, driven by increasing consumer attention to vehicle ownership cost efficiency. Changan Indonesia CEO Setiawan Surya said consumers are no longer only considering the initial purchase price when deciding to buy […]

OCIMF Appoints Don Davis as New Managing Director Starting 1 July 2026

LONDON, Jakartaweekly.com — The Oil Companies International Marine Forum (OCIMF) has appointed Don Davis as its new Managing Director, effective 1 July 2026, succeeding Karen Davis. OCIMF Chair Lambros Klaudatos said Don Davis brings operational experience, strategic leadership capabilities, and a deep understanding of the maritime industry required to lead the organization into its next […]

USDEC Claims Milk Imports Do Not Threaten Indonesia’s Local Industry

JAKARTA, Jakartaweekly.com—The U.S. Dairy Export Council (USDEC) views milk trade, including imports, as not necessarily having a negative impact on domestic industries, as long as it is conducted fairly and in a mutually beneficial manner. USDEC President and CEO Krysta Harden said trade can benefit both exporters and importers. She noted that trade should not […]

Indonesia Climbs to Second Place as World’s Best Muslim-Friendly Travel Destination

SINGAPORE, Jakartaweekly.com —Indonesia has achieved a new milestone in its tourism sector, securing second place as Muslim-Friendly Destination of The Year in the Global Muslim Travel Index (GMTI) Awards 2026. This marks a significant jump of three positions compared to last year, when Indonesia ranked fifth. The award was received directly by the Secretary of […]

PLN Reshuffles Board of Directors, Adds Deputy President Director Post

JAKARTA, Jakartaweekly.com — PT PLN (Persero) approved changes to its Board of Directors during the 2026 Annual General Meeting of Shareholders (AGMS), held at the Ministry of State-Owned Enterprises (SOEs) office in Jakarta on Thursday, June 18, 2026. In addition to refreshing the composition of the Board of Directors, the AGMS also approved the creation […]

Bank Indonesia Tightens Monetary Policy, Lifts BI-Rate to 5.75%

JAKARTA, Jakartaweekly.com — Bank Indonesia has tightened monetary policy once again by raising its benchmark interest rate, known as the BI-Rate, by 25 basis points (bps) to 5.75%. The central bank also increased the Deposit Facility rate by 25 bps to 4.75% and the Lending Facility rate by 25 bps to 6.50%. Ramdan Denny Prakoso, […]

Indonesia’s External Debt Stood at US$439.8 Billion as of April 2026

JAKARTA, Jakartaweekly.com —Indonesia’s external debt (ED) stood at US$439.8 billion as of April 2026, according to Bank Indonesia. The figure grew by 1.9% year-on-year (yoy), accelerating from the 1.0% annual growth recorded in March 2026. Bank Indonesia Executive Director Ramdan Denny Prakoso said the increase in Indonesia’s external debt was driven by higher public-sector borrowing, […]

Cikal Expands into the Higher Education Market

JAKARTA, Jakartaweekly.com—Cikal School is expanding its education ecosystem into higher education. The institution is currently establishing a university that will adopt an impact-driven and experiential learning approach. Siti Winanti Kartika Putri, Head of Marketing at Cikal, said the move is part of the school’s effort to provide educational continuity for its students, from early childhood […]

Back-to-School Preparations Drive Fourfold Increase in Electronics Sales on Lazada

JAKARTA, Jakartaweekly.com — Demand for digital devices ahead of the new academic year has become one of the main drivers of higher transactions during the Lazada 6.6 Super WOW Sale campaign. The electronics category recorded sales growth of up to four times compared with regular days during the promotional period from June 5 to 8, […]

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