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News Index


Bank Indonesia Defends Rupiah as MSCI Review Fuels Selling Pressure

Bank Indonesia pledges continued market intervention as the rupiah breaches Rp 18,000 per dollar amid MSCI-related selling pressure.
Business Oct 16, 2026 | 10:49 am

OJK Says Indonesian Market Still Attractive After MSCI Threat

OJK says the domestic market will remain "attractive" following MSCI's threat to downgrade Indonesia to a "standalone" status.
Business Oct 16, 2026 | 10:00 am

Rupiah Breaks Rp 18,000 as MSCI Review Triggers Market Turmoil

Rupiah breached Rp 18,000 per USD as MSCI's proposed market reclassification rattled investor sentiment and intensified market pressure.
Business Oct 16, 2026 | 9:44 am

Indonesian Stocks Plunge 8% as MSCI Weighs Standalone Market Downgrade

Indonesian stocks plunge 8% after MSCI weighs a shift to standalone market status, raising fears of US$ 3 billion in foreign fund outflows.
Business Oct 16, 2026 | 9:21 am

PLN Urged to Prevent Blackouts to Protect Investor Confidence

Recurring blackouts can deter investment in Indonesia, experts say as Suroso leads state utility firm PLN.
Business Oct 16, 2026 | 8:00 am

Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat

Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.
Business Oct 16, 2026 | 7:56 am

MSCI Mulls Downgrading Indonesia to Standalone Market

MSCI is now weighing launching a consultation on the standalone market downgrade unless Jakarta shows meaningful progress by November.
Business Oct 16, 2026 | 7:40 am

Nestlé Indonesia Begins Coffee Drink Exports to Australia, Pledges Rp 10 Trillion in Shipments

Nestlé Indonesia launches coffee drink exports to Australia and pledges at least Rp 10 trillion in shipments over three years.
Business Oct 15, 2026 | 10:53 pm

Indonesia Opens New LPG Plant in West Java to Reduce Import Dependence

Bahlil said the plant was expected to supply around 15% of LPG demand in Jakarta and West Java.
Business Oct 15, 2026 | 10:43 pm

Indonesia’s External Debt Rises to $459.3 Billion in August

Indonesia’s external debt rose 5.6% year-on-year to $459.3 billion in August, as public borrowing offset a decline in private debt.
Business Oct 15, 2026 | 6:01 pm

Jakarta Stocks Fall as Asian Markets Slide on US Inflation Fears

Jakarta stocks fell 0.44% as US inflation fears weighed on sentiment, while Asian markets slid, led by South Korea’s Kospi.
Business Oct 15, 2026 | 9:24 am

Indonesia Waives Import Duties on Plastic Raw Materials for Six Months

Indonesia cuts import duties on selected plastic raw materials to 0% for six months as global prices surge.
Business Oct 15, 2026 | 6:05 am

Indonesia's Tourism Industry Calls for Bigger Promotion Budget

Indonesia's tourism industry urges bigger government promotion spending as foreign arrivals rise and structural barriers persist.
Business Oct 14, 2026 | 11:38 pm

Foreign Tourist Arrivals Expected to Surpass Pre-Pandemic Levels This Year

Indonesia expects 16.22 million foreign tourist arrivals in 2026, surpassing 2019 levels, while domestic airlines face mounting costs.
Business Oct 14, 2026 | 11:37 pm

PLN Replaces CEO Hours After Prabowo Orders Utility Transformation

The leadership change was approved during an online shareholders' meeting at 6:30 p.m. Wednesday.
Business Oct 14, 2026 | 9:51 pm

Indonesia Aims $45 Billion Nickel Exports in 2026

Indonesia's nickel exports neared $34 billion in 2024, government data showed.
Business Oct 14, 2026 | 8:04 pm

Prabowo Orders PLN Overhaul, Acceleration of 100 GW Solar Power Plan

Prabowo orders Danantara to review PLN's business model and accelerate a 100 GW solar power plan to improve efficiency and reliability.
Business Oct 14, 2026 | 6:11 pm

Jakarta Stocks Gain as IMF Raises Indonesia’s Growth Forecast

Jakarta stocks rose 0.29% as the IMF upgraded Indonesia’s growth outlook and Fed signals lifted sentiment.
Business Oct 14, 2026 | 4:22 pm

Trade Expo Indonesia Aims $17.5 Billion in Deals

The government, however, is confident that the transactions will top 2025 levels of $22.83 billion.
Business Oct 14, 2026 | 4:00 pm

Indonesia to Build $15 Million Cassava Processing in Cameroon

Starch-processing contractor Asindo Tech has inked a $15 million deal with Cameroonian beverage distribution firm Nego Titans.
Business Oct 14, 2026 | 1:14 pm

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Opinion

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The Blind Spot in Indonesia's Clean Energy Story


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