Indonesia Investment Hits Rp498.8 Trillion in Q1 2026, Growth Momentum Begins to Moderate

JAKARTA, Jakartaweekly.com — Indonesia’s investment realization reached Rp498.8 trillion in the first quarter of 2026, extending a multi-year upward trend. However, despite the higher nominal figure, investment growth is beginning to show signs of moderation. Data from the Ministry of Investment and Downstreaming/Indonesia Investment Coordinating Board (BKPM), as reviewed by Jakartaweekly.com, show that first-quarter investment […]

Coordinating Minister for Economic Affairs Airlangga Hartarto Confident Economy Grew 5.5% in Q1 2026

JAKARTA, Jakartaweekly.com — Despite ongoing global uncertainty, the Indonesian government remains confident that the country’s economy grew by around 5.5% in the first quarter of 2026, with household consumption serving as the main driver. The projection was conveyed by Coordinating Minister for Economic Affairs Airlangga Hartarto during a press conference on the realization of first-quarter […]

Garuda Indonesia Launches Hajj 2026 Flights, Records 100% OTP on First Day

JAKARTA, Jakartaweekly.com – Indonesia’s flag carrier Garuda Indonesia has officially commenced the outbound flight phase of the 1447 Hijri/2026 Hajj pilgrimage, transporting 2,255 pilgrims on the first day from six embarkation points across the country. Garuda Indonesia President Director Glenny Kairupan said the inaugural flight departed from the Yogyakarta embarkation on Tuesday, April 21, 2026, […]

Rupiah Breaches Rp17,300 per Dollar, Seen Weakening to Rp17,400 by End-April

JAKARTA, Jakartaweekly.com – Indonesia’s rupiah came under renewed pressure, breaching the Rp17,300 per U.S. dollar level in Thursday morning trading, as mounting external and domestic headwinds weighed on the currency, with further weakness expected by end-April. Currency analyst Ibrahim Assuaibi said the rupiah could weaken to Rp17,400 by the end of April, earlier than his […]

Procureship Expands Global Reach, Onboards Asian and Middle Eastern Shipowners

JAKARTA, Jakartaweekly.com – Procureship, an e-procurement platform provider for the maritime industry, is expanding its global footprint by onboarding more than a dozen major shipowners from Asia and the Middle East, as it deepens its penetration into key shipping hubs beyond Europe. Procureship’s Head of Sales APAC, Gary Yeow, said the shipowners originate from several […]

Rupiah Weakens Amid “Debt Wall” and Global Sentiment, Closes at Rp17.181

JAKARTA, Jakartaweekly.com – The rupiah closed weaker on Wednesday (April 22, 2026), as the U.S. dollar strengthened amid rising geopolitical tensions and shifts in global monetary policy. Market data showed the rupiah fell 38 points to Rp17.181 per U.S. dollar, from a previous close of Rp17.142. During the session, the Indonesian currency at one point […]

Kia’s Strong Q1 Global Performance Reflected in Indonesia Market

JAKARTA, Jakartaweekly.com – Kia said growing global demand for sport utility vehicles (SUVs) and electric vehicles (EVs) is increasingly reflected in the Indonesian market, as consumer expectations rise for technology, design and exclusive experiences that are relevant to everyday life. Head of Marketing at Kia Sales Indonesia, Rendy Pratama, said consumers are no longer focused […]

Amartha Study Shows Financing Key to MSME Growth in Indonesia

JAKARTA, Jakartaweekly.com – A recent study by Amartha has found that access to financing is a key factor enabling micro, small, and medium enterprises (MSMEs) to grow, underscoring the increasing importance of inclusive funding for small businesses. Andi Taufan Garuda Putra, Founder and CEO of Amartha, said the company’s 2025 Sustainability Report showed that 89% […]

TMMIN Calls for Stronger Collaboration to Bolster Auto Industry Competitiveness

JAKARTA, Jakartaweekly.com – Toyota Motor Manufacturing Indonesia (TMMIN) has underscored the importance of collaboration and supply chain transformation to sustain the competitiveness of Indonesia’s automotive industry amid increasingly complex global challenges. TMMIN President Director Nandi Julyanto said the company continues to strengthen an adaptive and competitive supply chain through synergy with the government, the development […]

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