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New Finance Minister Purbaya Vows Fiscal Stability Amid Market Jitters Post Reshuffle

September 9, 2025September 25, 2025

Indonesia’s financial markets reacted sharply to the appointment of Purbaya Yudhi Sadewa as Finance Minister, with the stock index falling…

Industry

Indonesia to Enforce Local EV Production in 2026 as Import Incentives Expire

September 9, 2025September 10, 2025

Indonesia is entering a new phase in its electric vehicle (EV) strategy, shifting from market testing to industrial localization. Automakers…

Monetary

Forex Reserves Fall to USD 150.7B in August 2025 on Debt and Rupiah Support

September 9, 2025September 10, 2025

Indonesia’s foreign exchange reserves declined by USD 1.3 billion in August 2025, reflecting strategic interventions by Bank Indonesia to stabilize…

Business

Gudang Garam’s Profit Plunges 87% in H1 2025 Amid Rising Costs

September 8, 2025September 7, 2025

PT Gudang Garam Tbk, one of Indonesia’s largest tobacco manufacturers, reported a staggering 87% drop in net profit for the…

Finance

Indonesia’s Crypto Transactions Surge to Rp276 Trillion in Jan-Jul 2025

September 8, 2025September 7, 2025

Indonesia’s crypto market is gaining momentum, with July 2025 alone recording Rp52.46 trillion in transactions—a 62% jump from the previous…

Infrastructure

Indonesia Seeks Global Investment for Rp1,750 Trillion Giant Sea Wall

September 8, 2025September 7, 2025

Indonesia is ramping up efforts to secure international investment for its Giant Sea Wall project, a massive infrastructure initiative aimed…

Infrastructure

The Government Expands 2026 Housing Budget for Public Flats and Slum Renewal

September 5, 2025September 6, 2025

Indonesia’s Ministry of Housing and Settlement Areas (PKP) has unveiled a strategic Rp10.89 trillion budget for 2026, signaling a major…

Finance

Indonesia’s Banking Credit Growth Slows to 7.03% in July 2025

September 5, 2025September 4, 2025

Indonesia’s banking sector posted a 7.03% year-on-year credit growth in July 2025, signaling a mild deceleration from the previous month’s…

Business

Indonesia to End EV Import Incentives by 2025

September 5, 2025September 4, 2025

Indonesia’s electric vehicle (EV) import incentives are set to expire by December 2025, signaling a shift in government strategy toward…

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