Rupiah Weakens as US Threatens Prolonged Naval Blockade Against Iran
The Rupiah fell to Rp17,346 per US Dollar following news of President Trump's planned naval blockade on Iran and supply chain concerns in the Strait of Hormuz.
Category 'Economy'
Economy
Economy
President Prabowo Targets National Energy Self-Sufficiency by 2029
President Prabowo Subianto aims for energy self-sufficiency by 2029, emphasizing the optimal management of Indonesia's resources. Read the full report.
Economy
Danantara Liquidates 167 State-Owned Enterprises to Boost Efficiency
Danantara has liquidated 167 BUMN entities as part of a massive restructuring to streamline 1,077 companies down to 300 by 2026. Read more here.
Economy
Energy Ministry Explores CNG Development to Reduce LPG Imports
Energy Minister Bahlil Lahadalia discusses using Compressed Natural Gas (CNG) to reduce Indonesia’s reliance on LPG imports and bolster energy security. Read more.
Economy
National Command Center for Free Nutritious Meal Program to Launch in May 2026
The Coordinating Ministry for Food Affairs targets May 17, 2026, for the launch of the National Command Center to monitor the Free Nutritious Meal (MBG) program.
Economy
Indonesia Achieves Food Self-Sufficiency Under President Prabowo: Bapanas
Indonesian National Food Agency (Bapanas) Head Andi Amran Sulaiman announces Indonesia has reached food self-sufficiency with imports dropping to 5% of total consumption. Read the details.
Economy
Finance Minister Purbaya Defines Indonesia’s Economic "Survival Mode"
Finance Minister Purbaya Yudhi Sadewa explains Indonesia's "survival mode" strategy to tackle global uncertainty and eliminate economic inefficiencies. Read more.
Economy
Finance Minister Clarifies No Plans to Tax Malacca Strait Shipping
Finance Minister Purbaya Yudhi Sadewa denies plans to tax ships in the Malacca Strait, reaffirming Indonesia's commitment to UNCLOS. Read the clarification here.
Economy
IHSG Plummets 3.38 Percent Amid Global Energy Supply and Inflation Fears
The Indonesia Composite Index (IHSG) dropped to 7,129.49 due to rising oil prices and credit outlook downgrades. Read the full market analysis here.
Economy
Indonesia Secures 150 Million Barrels of Discounted Russian Oil: Hasyim Djojohadikusumo
Indonesia secures a 150-million-barrel oil deal with Russia at special prices to bolster energy security amid global tensions. Read the full report here.
Economy
Indonesian Rupiah Drops to Rp17,304 as US-Iran Diplomacy Fails
The Rupiah fell to Rp 17,304 per US Dollar following failed US-Iran negotiations and rising oil prices. Read about the impact on Indonesia’s national budget.
Economy
Minister Agus Harimurti Targets 14,000 Km of New Railway with Rp 1,200 T Investment
Minister Agus Harimurti Yudhoyono outlines a long-term plan to build 14,000 km of railway by 2045, requiring Rp1,200 trillion to expand regional connectivity.
