Moody’s Affirms Indonesia’s Credit Rating at Baa2, Outlook Revised to Negative
Indonesia’s sovereign credit rating has been reaffirmed. Moody’s kept the country at Baa2 but shifted the outlook to negative, citing…
Jasa Marga to Add 700 Contactless Toll Gates Across Indonesia
Indonesia’s toll road system is entering a new era. Jasa Marga announced plans to expand contactless toll payment technology with…
Indonesia’s Export of China-Made Cars Surges 148% in 2025
Indonesia’s automotive industry is gaining momentum in global markets. Exports of China-branded cars manufactured in Indonesia jumped sharply last year,…
Indonesia’s Textile Industry Set for Revival
Indonesia’s textile sector is preparing for a new chapter. Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the industry…
Krakatau Steel Shuts Down KOS Amid Pressure from Cheap Imported Steel
Indonesia’s steel industry is facing a harsh reality. Krakatau Steel has officially closed its subsidiary, Krakatau Osaka Steel (KOS), citing…
Pertamina Merges Three Subsidiaries to Strengthen Downstream Operations
Indonesia’s energy giant Pertamina is reshaping its business structure. By merging three subsidiaries in the downstream sector, the company aims…
Indonesia’s Spending Inequality Declines
Indonesia’s inequality levels are showing signs of improvement. The Central Statistics Agency (BPS) reported a decline in the Gini Ratio,…
Over Half of Indonesia’s Poor Live in Java
Indonesia’s poverty map reveals a striking concentration. More than half of the nation’s poor population resides on Java, the country’s…
Poverty Line Rises: Spending for the Poor Reaches Rp3.05 million per Month
Indonesia’s poverty measurement has taken a new turn. The Central Statistics Agency (BPS) announced a higher poverty line, reflecting changes…