Economy & Finance

Pertamina Cuts Prices of Non-Subsidized Fuel Starting July 1

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.

SW Sustainability Center: Sustainability Is a Business Performance Driver

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.

Indonesia, a Paradise for Muslim-Friendly Travel: 10 Must-Visit Destinations

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 […]

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, […]

OJK Appoints Indonesia Stock Exchange Board of Directors for 2026-2030

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.

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, […]

Economist: Fiscal Discipline Needed to Reinforce BI Rate Increase

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 […]

Jakarta Offers Rp271.3 Trillion in Investment Opportunities Through Jakarta Investment Festival 2026

JAKARTA, Jakartaweekly.com — The Jakarta Provincial Government is offering investment opportunities worth Rp271.3 trillion through the 2026 Jakarta Investment Festival (JIF), aiming to attract both domestic and international investors. The figure comprises dozens of strategic projects and area development initiatives designed to drive long-term investment into the capital. The investment pipeline was unveiled by Fransisca […]

After Surpassing Rp18,000, Rupiah Could Reach Rp25,000 per U.S. Dollar

JAKARTA, Jakartaweekly.com—After breaking through the Rp18,000 per U.S. dollar level, the Indonesian rupiah could weaken further to Rp19,000 and may even reach Rp25,000 by the end of the year if the government fails to exercise caution. Economist, Currency, and Commodities Analyst Ibrahim Assuaibi said the rupiah’s depreciation against the U.S. dollar is the result of […]

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