Indonesia and Kazakhstan have signed a Memorandum of Understanding (MoU) on industrial cooperation during INNOPROM 2026, paving the way for deeper collaboration in manufacturing, investment, technology transfer, and supply chain development as Indonesia strengthens its economic engagement with the Eurasian region.
Indonesia's manufacturing sector contracted further in June as the PMI fell to 46.9, while the country posted its first trade deficit in six years. Industry leaders and economists warn that weakening demand, rising production costs, and layoffs could weigh on the country's economic outlook.
JAKARTA, Jakartaweekly.com — Since early morning, flower sellers have been arranging their offerings around the Gunung Kawi complex in Malang Regency. The scent of incense mingles with the fragrance of fresh flowers as pilgrims arrive one after another. Nearby, food stalls begin serving customers, guesthouses prepare to welcome tour groups, and small business owners hope […]
Pertamina Patra Niaga has reduced the prices of several non-subsidized fuel products, including Pertamax Turbo, Dexlite, and Pertamina Dex, effective July 1, 2026. The adjustment follows a regular price evaluation based on global oil market trends and government regulations.
Speaking at the Asia-Pacific Sustainable Business Summit 2026, SW Sustainability Center Managing Partner Febryanti Simon highlighted how sustainability can enhance operational efficiency, strengthen resilience, attract investment, and create long-term business value. She emphasized that companies integrating sustainability into capital allocation and business strategy will gain a stronger competitive advantage in the years ahead.
JAKARTA, Jakartaweekly.com — As the country with the world’s largest Muslim population, Indonesia stands at a pivotal moment in shaping the future of global Muslim-friendly tourism. Across its vast archipelago, destinations continue to evolve to meet the expectations of Muslim travelers seeking comfort, convenience, and peace of mind in practicing their faith while traveling. These […]
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, […]
The Financial Services Authority (OJK) has officially named seven new board members of the Indonesia Stock Exchange (IDX) for the 2026-2030 term. Capital market observer Fendi Susiyanto welcomed the new lineup, stating that the structure is well-equipped to navigate a highly volatile global market and boost the exchange's competitiveness.
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, […]
JAKARTA, Jakartaweekly.com—An economist warned that Bank Indonesia’s (BI) interest rate hikes will only have a temporary impact unless they are accompanied by credible and firm fiscal disciplines. BI raised its BI rate by 25 basis points (bps) to 5,5% during a weekly Board of Governors Meeting (RDG) on Tuesday, June 9, 2026. The central bank […]
