News


The latest news and information about business in Indonesia.

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
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
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
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.
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
13 May 2026
Business News
Economy
Financial