FinanceMonetary BI Limits Cash Dollar Purchases to USD 50,000 March 18, 2026 Starting April 2026, Bank Indonesia (BI) will reduce the maximum limit for cash purchases of U.S. dollars from USD 100,000…
Finance Financial Markets Snapshot March 18, 2026March 18, 2026 On March 17, 2026, Indonesia’s financial markets saw the rupiah close flat at Rp16,997/USD, the Jakarta Composite Index (IHSG) rebound…
Fiscal Indonesia Keeps APBN Deficit Cap at 3% March 17, 2026March 24, 2026 President Prabowo Subianto has confirmed that Indonesia’s state budget deficit will remain capped at a maximum of 3% of GDP…
Economy Survey: 55% of Economists Say Indonesia’s Economy Is Worsening March 17, 2026March 24, 2026 A survey of 85 economists and practitioners by LPEM FEB UI, conducted between February 24 and March 9, 2026, found…
Finance Financial Markets Snapshot March 17, 2026March 16, 2026 Today (March 16, 2026), Indonesia’s financial markets saw the rupiah weaken to nearly Rp17,000/USD, the Jakarta Composite Index (IHSG) close…
Economy Indonesia Secures 4 million Tons of Rice Stocks March 16, 2026March 15, 2026 Agriculture Minister Andi Amran Sulaiman announced that Indonesia’s rice reserves are stable at 4 million tons. The stockpile is expected…
Industry 58% of KEK Production Goes to Global Markets March 16, 2026March 15, 2026 Indonesia’s Special Economic Zones (KEK) are increasingly export-oriented, with 58% of production directed to global markets and 42% serving domestic…
Business BYD EV Sales Triple as Indonesia’s Market Expands March 16, 2026March 19, 2026 BYD Indonesia announced that its EV sales have risen three times higher compared to last year. The company highlighted that…
Industry Thousands of Cigarette Factories Close in Indonesia March 13, 2026March 12, 2026 Indonesia’s tobacco industry has seen a sharp contraction over the past decade. The number of cigarette factories has dropped from…