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ADB Offers Indonesia Financial Support to Lessen Iran War Impact

... continuous flows of critical imports, be it energy or ... to a halt after the US-Israeli coordinated attack on Tehran ... temporarily reactivated support for oil imports on an exceptional basis. ... that Indonesia was still far from a national energy emergency, although ...
Business Mar 25, 2026 | 3:40 pm

From Trade Deal to Probes: Indonesia Avoids Suing US at WTO

... the latter’s failure to block imports of goods made with forced ... threatened to withdraw his country from the WTO. Washington also blocked ... deal, the US trimmed its tariffs on Indonesian goods from the originally ...
Business Mar 24, 2026 | 9:14 am

Prabowo Eyes Coal Windfall Levy to Keep Budget Deficit Below 3%

... additional revenue streams, particularly from the coal sector. Read ... escalating tensions due to US-Israeli strikes on Iran have ... under consideration is a work-from-home scheme for both civil ... and ease pressure on energy imports. These measures form part ...
Business Mar 19, 2026 | 11:13 pm

BI to Cut FX Purchase Limits in April to Support Rupiah

... Non-Deliverable Forward (DNDF) transactions from $5 million to $10 million ... supporting documents on overseas transfers from $100,000 to $50 ... per US dollar on March 16, weakening about 1.29% from the ... more than six months of imports and external debt servicing, ...
Business Mar 17, 2026 | 10:46 pm

US Probe: Indonesia to Tighten Curbs on Imports Made by Child Labor

... tries to respond to a US investigation over unfair trade ... labor, something that the US claimed had granted foreign ... non-oil and gas imports mainly came from China, nearing $7.9 billion ... to the US unfree-labor investigations. The US Trade Representative ...
Business Mar 17, 2026 | 4:43 pm

'We Are Not A Colonialist': Indonesia on US Forced Labor Probe

... taken to bar such goods from entering the market. Airlangga ... shortly before the tide-turning US Supreme Court ruling — ... specifically asks Indonesia to prohibit imports of goods “mined, produced, ... on the economic aspects. US Trade Representative Jamieson Greer ...
Business Mar 17, 2026 | 9:00 am

Indonesia to Share Data Needed for Trump's Unfair Trade Probes

... federal register notice saw the US naming Indonesia’s persistent, ... the latest probe, the US launched investigations into 60 economies ... of having failed to curb imports produced with forced labor. ... produced with forced labor from entering their markets,” Greer ...
Business Mar 14, 2026 | 8:09 am

Indonesia Sees Fertilizer Export Opportunity Amid Hormuz Tension

... to import it from Indonesia and are asking us to export large ... ’s New Fertilizer Plant to Cut Imports by $60m
Business Mar 13, 2026 | 9:07 pm

US Hits Indonesia with Another Probe, This Time on Forced Labor 

... alleged failure to curb imports of goods associated with forced ... goods produced with forced labor from entering their markets”. “For ... advantage gained from the scourge of forced labor,” US Trade Representative ... ’s non-oil and gas imports totaled $18.04 billion ...
Business Mar 13, 2026 | 12:00 pm

Government’s Playbook for Expensive Oil: Biofuels, Strategic Reserves, and Budget Discipline

... surged in recent weeks as US-Israeli strikes on Iran ... disruptions. “The president has directed us to immediately build the storage ... Surging Oil Prices Are Affecting US Consumers at Gas Pump and ... about 25% of Indonesia’s crude imports from the Middle East to the ...
Business Mar 13, 2026 | 8:02 am

Explainer: US to Release 172 Million Barrels from Strategic Petroleum Reserve

... release 172 million barrels from the Strategic Petroleum Reserve ... Suezmax, carrying crude oil from Saudi Arabia, that arrived ... , the US exports more petroleum than it imports. But the ... amid supply disruptions spanning from geopolitical conflicts, adding more ...
Business Mar 13, 2026 | 2:17 am

Indonesia Says Iran War Hurts National Economy in Three Ways

... still relies heavily on energy imports, particularly crude oil, Purbaya ... of oil and gas imports and put pressure on ... such as the US dollar and US government bonds. Read ... could trigger significant capital outflows from emerging markets, including Indonesia. ...
Business Mar 11, 2026 | 11:38 pm

How Iran War and Surging Oil Prices Are Affecting US Consumers at Gas Pump and Beyond

... about 20% since the US and Israel attacked Iran. ... relies on imports of gasoline and other refined products from Asia. ... . With US oil prices increasing by roughly 42% from their prewar ... , particularly lower-income shoppers. US households pay on average $2,500 ...
Business Mar 11, 2026 | 11:24 pm

Indonesia Stocks Slide as Oil Rebounds, Global Tensions Pressure Risk Appetite

... from China also helped sustain sentiment, with exports and imports ... conflicting messages from the administration of US President Donald ... global oil shipping route. US Energy Secretary Chris Wright briefly ... 11 per barrel, while US benchmark crude climbed 3.2% to ...
Business Mar 11, 2026 | 4:17 pm

Jakarta Stocks Jump 1.41% as Trump Signals Iran War Nearing End, Oil Drops Below $100

... markets strengthened after comments from US President Donald Trump ... Pilarmas added. Meanwhile, imports jumped 19.8% to $442 ... , obviously positive comments from President Trump overnight, ... dramatic turnaround. The S&P 500 swung from a 1.5% loss to a 0.8% gain ...
Business Mar 10, 2026 | 4:20 pm

JCI Plunges 1.62% as Middle East Conflict, Oil Surge Fears Weigh on Indonesian Stocks

... confrontation between the US–Israel alliance and Iran ... leadership dynamics, while the US House rejected a peace resolution ... countries,” Pilarmas wrote. From the regional perspective, the ... months of imports, or 5.9 months of imports and government external ...
Business Mar 6, 2026 | 4:11 pm

Canada to Ratify Women-Inclusive Indonesian Trade Deal This Year

... million deficit on Jakarta’s side. Imports from Canada neared $2.7 billion that year ... a goal to double Canadian non-US exports in the next decade ...
Business Mar 6, 2026 | 8:12 am

Trump’s Iran Strike Exposes Indonesia’s Fragile Oil Reserves as Prices Surge

... in the Middle East following US military strikes on Iran ... risks from the Middle East. Estimates suggest the country imports about ... Falls to $0.95B as Imports Outpace Exports The surplus was ... increase the value of energy imports faster than Indonesia’s oil ...
Business Mar 6, 2026 | 8:02 am

Bahlil Says Investors Ready for Indonesia’s Giant Crude Storage Project

... there. The investment will come from a mix of domestic and ... Energy Self-Reliance as Fuel Imports Seen Falling by 2027: ... . “The president has directed us to immediately build the storage ... to depend heavily on oil imports,” Bahlil said. He previously ...
Business Mar 5, 2026 | 7:34 pm

Indonesia’s Fuel Reserves at 23 Days, Govt Plans Storage Expansion

... has become a flashpoint following a US-Israel strike on Tehran. Iran ... % of the country’s fuel imports despite having limited domestic oil ... said previously. To mitigate risks from Middle East tensions, the ... and gasoline purchases away from the Middle East to ...
Business Mar 5, 2026 | 12:14 pm
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