Minyakita Cooking Oil No Longer Part of Government Food Aid: Trade Minister
Trade Minister Budi Santoso confirms Minyakita cooking oil will be distributed only through public markets, not food aid. Read the government’s latest policy update here.
Category 'Economy'
Economy
Economy
Trade Ministry Removes 2,639 Illegal Online Ads
Indonesia’s Trade Ministry takes down 2,639 online ads violating e-commerce rules, including alcohol and hazardous goods. Read the full report here.
Economy
Finance Minister Purbaya Assures State Budget Safe Despite Rupiah Drop
Finance Minister Purbaya confirms Indonesia’s state budget remains secure despite rupiah weakening to Rp 17,800 per US dollar. Read the full report here.
Economy
Indonesia Offers Tin Downstreaming and Giant Sea Wall Projects to Japan
At IJIF 2026, Indonesia proposed tin downstreaming in Gresik, Giant Sea Wall, Batang Industropolis SEZ, and biomass energy projects to Japanese investors. Read more.
Economy
President Prabowo Consults Yudhoyono Era Economic Chiefs in 2008 Crisis Lessons
President Prabowo Subianto consults former economic officials from President Susilo Bambang Yudhoyono era to learn from the 2008 financial crisis and strengthen Indonesia’s economy. Read more.
Economy
Finance Minister Reports Export Value Manipulation to President
Finance Minister Purbaya Yudhi Sadewa discovered widespread trade misinvoicing among palm oil exporters, causing massive state revenue leakage. Learn more.
Economy
Bank Indonesia Raises Benchmark Interest Rate by 50 Bps to 5.25 Percent
Bank Indonesia has raised its benchmark BI-Rate by 50 basis points to 5.25 percent to stabilize the rupiah amid global shocks. Read the full details here.
Economy
Indonesia Maintains Subsidized Fuel Prices Despite Weakening Rupiah and High ICP
The Indonesian government confirms subsidized fuel prices will remain unchanged despite a weakening rupiah and rising global oil prices. Read more here.
Economy
Bank Indonesia Governor Expresses Confidence in Rupiah Stabilization Amid Market Pressures
Bank Indonesia Governor Perry Warjiyo and Finance Minister Purbaya Yudhi Sadewa reaffirmed Indonesia's strong economic fundamentals as the government intervenes to stabilize the rupiah.
Economy
Indonesia Emerges as Strategic Supplier with Fertilizer Export to Australia: Agriculture Minister
Agriculture Minister Andi Amran Sulaiman announced Indonesia’s strategic fertilizer exports to Australia, reinforcing regional food supply chain stability. Learn more.
Economy
Indonesia and Belarus Sign Rp7 Trillion Business Deals at Joint Meeting
Indonesia and Belarus secured Rp7 trillion in business commitments through five MoUs at the 8th Joint Commission Meeting. Read the full trade update here.
Economy
Russia's Zarubezhneft to Resume Tuna Block Project in June: Energy Ministry
Russia’s Zarubezhneft commits to resuming the Tuna Block oil and gas project in June 2026 after delays. Read more about the Indonesia-Russia energy partnership.
