JAKARTA, Jakartaweekly.com— Minister of Creative Economy/Head of the Creative Economy Agency Teuku Riefky Harsya is encouraging the potential of the creative economy in regions across Indonesia to be developed into a new economic force to support the national economic growth target of 6 percent in 2027. “Rindekraf provides clear direction for developing the creative economy […]
JAKARTA, Jakartaweekly.com—President Prabowo Subianto said the government is targeting economic growth of 6% in 2027, higher than the 5.4% target set in the 2026 State Budget (APBN). Meanwhile, inflation is expected to be maintained at 2.5%. To support the economic growth target, the government is planning state expenditure of Rp4,097.2 trillion under the 2027 Draft […]
LONDON, Jakartaweekly.com – European Central Bank Executive Board member Philip R. Lane warned that global energy supply shocks could put greater pressure on euro area economic growth while triggering broader and more persistent inflation compared with regional shocks. Speaking at the Centre for European Reform in London on May 13, 2026, Lane said the current […]
JAKARTA, Jakartaweekly.com — The rupiah closed weaker against the U.S. dollar in Wednesday (April 29, 2026) trading, pressured by a stronger dollar index, rising global uncertainty, and domestic policy factors. Money market analyst Ibrahim Assuaibi said the rupiah fell 83 points to Rp17,326 per U.S. dollar, from the previous close of Rp17,243. “During the trading […]
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 […]
JAKARTA, Indonesia (JakartaWeekly.com) – The global economic center of gravity is shifting rapidly toward Southeast Asia, with Indonesia projected to leapfrog traditional industrial powerhouses Japan and South Korea to become the world’s fifth-largest economy by 2050. Speaking at the Tokyo Conference 2026, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, laid out a bold vision […]
JAKARTA, Indonesia (JakartaWeekly.com) – As the specter of a closed Strait of Hormuz looms over global commodity chains, Indonesia is doubling down on a high-stakes internal strategy: spending its way to safety. Despite the escalating conflict involving the United States, Israel, and Iran, Jakarta’s Ministry of Finance remains bullish, projecting a 5.4% growth rate for […]
