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News Index

Indonesian Stocks Crash 10.76% by Midday as MSCI Downgrade Fears Mount

Indonesian stocks plunged 10.76% by midday Friday after MSCI proposed reclassifying the market from Emerging to Standalone status.
Business Oct 16, 2026 | 11:42 am

Explainer: What Is MSCI Market Classification and Why Does It Matter for Indonesia?

MSCI classifies stock markets as developed, emerging, frontier or standalone. Here’s how the system works and why Indonesia’s status matters
Business Oct 16, 2026 | 11:38 am

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

United Tractors Hosts Journalist Workshop on AI Use

United Tractors recently held a journalist workshop to equip reporters in facing the rising popularity of artificial intelligence (AI).
Special Updates Oct 16, 2026 | 10:44 am

Danantara, INA Invest in Chandra Asri Chemical Plant Targeting 2027 Launch

Danantara and INA have invested in Chandra Asri’s chemical plant, which targets 2027 operations to boost domestic supply and cut imports.
Special Updates Oct 16, 2026 | 10:24 am

Saudi Organisers Say 2027 Asian Cup 'on Schedule' after Attacks

The 2027 Asian Cup is supposed to kick off on January 7 in the Saudi cities of Jeddah, Riyadh and Al Khobar.
News Oct 16, 2026 | 10:08 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

Prabowo Steps Up Leadership Shake-Up Amid Scandals and Mounting Pressure

Prabowo has carried out at least eight government reshuffles since taking office in October 2024.
News Oct 16, 2026 | 8:02 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 Eximbank Backs 10 Local Businesses at Trade Expo Indonesia

Indonesia Eximbank facilitates 10 local exporters' participation in TEI 2026 to expand global market access and business partnerships.
Special Updates Oct 15, 2026 | 6:26 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