Latest Updates

BI Raises Interest Rate by 50 bps to 5.25% Amid Rupiah Downtrend
Bank Indonesia raised its benchmark interest rate by 50 bps to 5.25% during its Board of Governors Meeting on 19–20 May 2026. The decision was made as the rupiah continued to weaken, breaching the  ... Read More
21 May 2026
Business News
Economy
Financial
Indonesia to Centralize Key Commodity Exports Under State-Linked Entity
President Prabowo Subianto has announced a policy to centralize exports of several strategic natural resource commodities through a government-appointed state entity, in a move aimed at strengthening  ... Read More
20 May 2026
Business News
Commodities
Economy
+1
Indonesia’s Crude Oil Price Rises 14% to USD 117.31 per Barrel
The Ministry of Energy and Mineral Resources (ESDM) has set the average Indonesian Crude Price (ICP) for April 2026 at USD 117.31 per barrel. This figure increased by USD 15.05, or 14.72%, compared  ... Read More
19 May 2026
Business News
Economy
Energy
This Week's Headlines (May 9-15, 2026)
This week: Chinese firms warn Indonesia's nickel quotas, tax hikes threaten investment, government postpones mining royalty hike, and Indonesia paves way for global financial hub in bali.  ... Read More
15 May 2026
Economy
Financial
Investment
+3
Jakarta Moves to Shore Up Market Reforms After MSCI Stock Removals
Indonesian authorities are pressing ahead with stock market reforms after MSCI removed several major local companies from its indexes, a move that added pressure to the Jakarta Composite Index and  ... Read More
13 May 2026
Business News
Economy
Financial
Bond Stabilization Fund Ready as Rupiah Reaches IDR 17,500, Finance Minister Says
Finance Minister Purbaya Yudhi Sadewa is preparing intervention measures in the bond market through the Bond Stabilization Fund (BSF) instrument in response to the rupiah’s sharp depreciation.  ... Read More
12 May 2026
Business News
Economy
Financial
This Week's Headlines (May 2-8, 2026)
This Week: ASEAN convenes under shadow of global oil shock, South Korea’s Simone Invests USD 24.7 Million in Batang SEZ Factory, and Indonesia to keep subsidies in LPG-to-CNG transition  ... Read More
08 May 2026
Business News
Economy
Energy
+1
Indonesia to Increase Electric Vehicle Incentive Quota
Finance Minister Purbaya Yudhi Sadewa stated that the government will accelerate the provision of subsidies for electric vehicles. The state treasurer said President Prabowo Subianto had instructed  ... Read More
07 May 2026
Automotive
Business News
Economy
+3
Indonesia Tightens Dollar Purchase Rules as Rupiah Hits Record Low
Bank Indonesia (BI) is preparing to tighten rules on United States dollar purchases after the rupiah weakened to a record low of around IDR 17,443–IDR 17,446 per USD 1 on Tuesday, 5 May 2026.  ... Read More
06 May 2026
Business News
Economy
Financial
Indonesia’s Automotive Industry Eyes Gradual Rebound as Competition Intensifies
The Indonesian automotive industry is moving into a more competitive phase where recovery does not benefit all players. Sales may be stabilizing after a weaker year, but underlying shifts in  ... Read More
06 May 2026
Automotive
Insights