Indonesian rupiah slides to record 18,000 low, 2026 losses deepen
Weaker confidence is compounding the currency’s woes and has pushed foreign investors to demand higher yields or cut exposure to rupiah assets, says Bank Permata chief economist…
Weaker confidence is compounding the currency’s woes and has pushed foreign investors to demand higher yields or cut exposure to rupiah assets, says Bank Permata chief economist…
President Prabowo Subianto is expected to outline the broader stabilisation strategy before lawmakers in the coming days, according to the finance minister.
Visitors from the Middle East, Europe and the US typically spend more and stay longer in Indonesia compared with tourists from other regions, Tourism Minister said.
Compressed natural gas (CNG) feedstock, mainly methane and ethane, is more readily available domestically, potentially reducing reliance on costly imported fuels.
Gas utilisation in the first quarter stood at 70-72 percent, below its 80 percent target and slightly lower than the 73 percent recorded in 2025, industry players said.
Analysts noted that some of Danantara’s investments over the past 12 months have potential, but others are less promising, with many still at the planning stage.
Indonesia has turned into a net importer of crude oil and fuels since early 2000s as output declined while demand kept rising, leaving Southeast Asia’s largest economy…
The business deals, which form part of a planned bilateral trade agreement, would help narrow Indonesia’s trade surplus with the United States, President Prabowo said.
Two-wheeler sales, meanwhile, reached 6.4 million units last year, marking a 1.3 percent rise from the year before.
From the unravelling of eFishery saga to corruption probes ensnaring venture capital executives tied to state-backed funding at TaniHub, the year stripped the gloss from Southeast…