JAKARTA, JakartaWeekly.com—Finance Minister Suahasil Nazara explained that spending on the Free Nutritious Meals (Makan Bergizi Gratis/MBG) program had reached Rp153.2 trillion, covering 57 million beneficiaries. The funds were distributed through approximately 27,485 Nutrition Fulfillment Service Units (SPPGs). According to data from the September 2026 APBN KiTa report, MBG spending accounted for 70.03% of the Rp218.77 […]
JAKARTA, JakartaWeekly.com—Indonesian Finance Minister Suahasil Nazara said Indonesia economic growth in 2026 is projected to exceed 5.4% year-on-year (yoy), taking into account the lates developments. The revised projection is lower than the previous forecast of 5.6-6%. Speaking at a press conference following the Financial System Stability Committee (KKSK) meeting, Suahasil said the downward revision was […]
JAKARTA, JakartaWeekly.com—The logistics and industrial markets remained among Greater Jakarta’s strongest-performing property sectors in the third quarter of 2026, with logistics occupancy reaching approximately 97.0% and industrial land absorption totaling around 59 hectares. Ivana Susilo, Head of Capital Markets & Industrial Logistics at CBRE, said strong logistics occupancy was supported by continued demand from e-commerce, […]
JAKARTA, Jakartaweekly.com—Indonesia’s decision to cuts gas exports to Singapore has highlighted the interconnected nature of energy trade between the two neighbours, as the government seeks to prioritise domestic demand while continuing to rely on Singapore for some fuel imports. The natural gas reduction, which took effect on October 24, involves 31 million standard cubic feet […]
JAKARTA, JakartaWeekly.com — The Jakarta Composite Index (JCI) rebounds, but MSCI concerns keep market risk elevated. JCI gained 4.9% over the past week, rising from the previous week’s closing level of 5,185.10 to 5,439.26. However, earlier in the week, on October 19, 2026, the JCI had closed in negative territory at 4,996.61. Mirae Asset Sekuritas […]
JAKARTA, JakartaWeekly.com—The Financial Services Authority (OJK) has imposed sanctions on parties that violated capital market regulations in cases involving three issuers listed on the Indonesian stock market: PT Dian Swastatika Sentosa Tbk (DSSA), PT Barito Renewables Energy Tbk (BREN), and PT Petrindo Jaya Kreasi Tbk (CUAN). OJK handed the sanction letters directly to the parties […]
JAKARTA, JakartaWeekly.com–Jakarta’s hotel occupancy rate remained relatively weak in the third quarter of 2026 (Q3 2026), staying 2–3% below the level recorded in Q3 2025, according to commercial property services and investment management firm Colliers. However, occupancy improved by around 3–4% quarter-on-quarter (QoQ), indicating a gradual recovery. According to Colliers, Jakarta’s hotel market is still […]
JAKARTA, JakartaWeekly.com—Bank Indonesia (BI) has decided to keep its benchmark BI Rate unchanged at 5.75%. At its Board of Governors Meeting (RDG BI) held on October 20–21, 2026, BI also decided to maintain the lending facility rate at 6.5%, while raising the deposit facility rate to 5%. Bank Indonesia Governor Destry Damayanti explained that the […]
JAKARTA, JakartaWeekly.com — Reza Rahadian, Eva Celia, Christine Hakim, Dian Sastrowardoyo, and Arswendy Bening Swara are among the acclaimed actors starring in Laut Bercerita. Their involvement raised my expectations, and perhaps those of other Indonesian filmgoers, for this production by Pal8 Pictures. And for good reason. The cast’s acting abilities are well established, with numerous […]
JAKARTA, Jakartaweekly.com — Bank of America (BofA) expects Indonesia’s economic growth to improve gradually as fiscal policy begins to have a greater impact on consumption and investment. However, growth is expected to remain moderate, without a sharp acceleration. Bank of America Head of India & ASEAN Economics Rahul Bajoria said Indonesia’s macroeconomic conditions were continuing […]
