News | Business-Indonesia

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.

06 May 2026
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

06 May 2026
BPS Records Indonesia’s Q1 2026 Economic Growth at 5.61%, Surpassing Forecast

Statistics Indonesia (BPS) reported that the country’s economy grew by 5.61% year-on-year in the first quarter of 2026. The figure slightly exceeded the earlier projection by Finance Minister Purbaya

05 May 2026
Prabowo Launches IDR 116 Trillion Downstreaming Push with 13 New Projects

President Prabowo Subianto has launched the second phase of Indonesia’s downstreaming agenda, breaking ground on 13 projects valued at IDR 116 trillion (around USD 7.5 billion) in a move aimed at

29 Apr 2026
Government Removes Import Duties on LPG and Plastic Raw Materials to Curb Price Surge

The government is preparing a fiscal incentive package, including the elimination of import duties on LPG and plastic raw materials. Coordinating Minister for Economic Affairs Airlangga Hartarto said

28 Apr 2026
This Week's Headlines (April 18-24, 2026)

This Week: Indonesia to Import 150 Million Barrels of Crude Oil from Russia This Year, BI Holds Rate Steady to Rein in Rupiah's Weakening, Indonesia Will Not Impose Tariffs in Malacca Strait

24 Apr 2026
This Week's Headlines (April 11-17, 2026)

This Week: RI Draws Investors Fleeing Middle East, Minister Claims, Eyes Russian Oil While Balancing US Partnership, and Eyes Fertilizer Exports to India on 1.5 Million-Ton Surplus.

17 Apr 2026

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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.

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

BPS Records Indonesia’s Q1 2026 Economic Growth at 5.61%, Surpassing Forecast

Statistics Indonesia (BPS) reported that the country’s economy grew by 5.61% year-on-year in the first quarter of 2026. The figure slightly exceeded the earlier projection by Finance Minister Purbaya

UAE Exits OPEC, Indonesia Hopes for Stability and Global Energy Supply Security

The Ministry of Foreign Affairs (Kemenlu) hopes that the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) will support market stability and global

International Cooperation

Prabowo Launches IDR 116 Trillion Downstreaming Push with 13 New Projects

President Prabowo Subianto has launched the second phase of Indonesia’s downstreaming agenda, breaking ground on 13 projects valued at IDR 116 trillion (around USD 7.5 billion) in a move aimed at

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