Economy & Finance

Rupiah Edges Higher as Dollar Weakens Amid Middle East Tensions

JAKARTA, Jakartaweekly.com — The U.S. dollar weakened at the close of trading on Friday, April 24, 2026, amid global pressures and escalating geopolitical tensions in the Middle East, lending modest support to the rupiah. The rupiah closed 57 points higher at Rp17,229 per U.S. dollar in evening trade, after weakening earlier in the session. Market […]

Indonesia Shifts Tourism Focus from Europe and the US to Asia as Global Uncertainty Weighs on Travel

JAKARTA, Jakartaweekly.com — The government, through the Ministry of Tourism (Kemenpar), is shifting its tourism promotion focus toward Asian markets in response to global uncertainties weighing on the travel sector, particularly due to geopolitical dynamics and disruptions to international flight routes. Deputy for Marketing at Ministry of Tourism, Ni Made Ayu Marthini, said the tourism […]

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 […]

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 […]

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 […]

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% […]

US-Iran Ceasefire Eases Oil Prices, Lifts Rupiah, Boosts Gold Outlook

JAKARTA, Jakartaweekly.com – A temporary ceasefire between the United States and Iran over the next two weeks is expected to have a significant impact on global markets, ranging from oil prices and currency exchange rates to gold price prospects. Market analyst Ibrahim Assuaibi said the agreement, which was mediated by Pakistan, came as a surprise […]

Gold May Hit Rp3 Million Price Amid Global Volatility

JAKARTA, Jakartaweekly.com – Global gold prices are expected to trade in a volatile range over the coming week amid rising geopolitical tensions and a stronger U.S. dollar. Commodity analyst Ibrahim Assuaibi said gold, which previously closed at around $4,671 per troy ounce, may face both downward correction and upward movement in the short term. In […]

GMFI Reports 2025 Revenue of US$491,9 Million

JAKARTA, Jakartaweekly.com – PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) reported revenue of US$491,9 million as of December 31, 2025, up 16,8% year-on-year from its full-year 2024 performance. GMF President Director Andi Fahrurrozi said the achievement reflects the company’s consistency in maintaining operational and financial discipline, while reinforcing its role as a strategic enabler […]

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