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Rupiah Weakness Differs Fundamentally From 1998 Crisis, Economist Says

... Rp 17,500 against the US dollar for the first ... prices higher and strengthened the US dollar. The situation has ... they could increase Indonesia’s import burden and strain fiscal stability ... , and speed up adjustments in import prices. Under a scenario involving ...
Business May 12, 2026 | 5:40 pm

Rupiah Falls to a New Low of Rp17,500 per Dollar

... spot market. Meanwhile, the US Dollar Index strengthened 0.19% ... stalled peace negotiations between the US and Iran. “Investors ... the release of April US inflation data, including the ... a direct impact on industrial import costs, corporate foreign currency debt ...
Business May 12, 2026 | 11:32 am

Rupiah Hit by Global “Perfect Storm,” Weakens to Rp 17,414

... to reach a final agreement. “US President Donald Trump said Iran ... ’s response to the US peace proposal was unacceptable, ... relief, the withdrawal of US naval forces near the Strait ... , transportation, and energy as import costs rise. Rijadh Djatu Winardi ...
Business May 11, 2026 | 6:33 pm

Prabowo Says Private Sector Shouldn’t Handle Agriculture Alone

... ,” Prabowo told the forum. “For us, it is the primary responsibility ... flak for slashing the meat import quota for private companies, while ...
Business May 8, 2026 | 10:04 pm

Securing Upstream Supply Amid National Downstream Expansion

... . Economically, this merely shifts the import burden from finished products (fuel ... just shifting the point of import. In line with the 2026 ... an alarm for all of us to look back toward the ... is the great ship carrying us toward energy sovereignty. However, the ...
Special Updates May 8, 2026 | 3:37 pm

Indonesia’s 5.61% Growth Not Fully Felt by Businesses, Apindo Says

... of the rupiah against the US dollar. The currency weakened from ... costs and squeezing margins. “For import-dependent sectors, the weaker rupiah ...
Business May 6, 2026 | 7:46 pm

Bank Indonesia Halves Dollar Purchase Limit to $50,000 to Defend Rupiah

... has reduced the amount of US dollars individuals can purchase in ... ,000. “The limit for purchasing US dollars in the domestic market ... supporting transaction documents -- such as import paperwork or service payment records ...
Business May 6, 2026 | 10:19 am

ASEAN Agrees to Avoid ‘Unnecessary’ Trade Barriers as Iran Crisis Stings

... strain caused by the prolonged US–Israel war against Iran. During ... earlier in the day introduced import restrictions on some agricultural commodities ...
Business May 1, 2026 | 2:00 pm

JCI Reverses Early Gains, Rupiah Weakens to Rp17,323 on Oil Supply Fears

... the Strait of Hormuz and a US blockade plan against Iran, which ... to Rp 17,323 per US dollar, the weakest among regional ... account deficit due to energy import dependency exacerbated pressure on the ...
Business Apr 30, 2026 | 9:03 am

JCI Rebounds as Fed Fecision Looms, Oil Risks in Focus

... the cancellation of sending US negotiators to Pakistan, while ... in Tehran. Meanwhile, a US naval blockade has begun to ... plastic products eligible for 0% import duty. Phintraco added that investors ... both due on Wednesday US time. US economic data releases this ...
Business Apr 29, 2026 | 9:10 am

Indonesia Slashes LPG and Plastic Input Tariffs Amid Supply Crunch

... Jakarta. Indonesia has cut import duties on plastic raw ... Naphtha Imports Shift to India, US, Africa The disruption has ... , the government has reduced import duties on liquefied petroleum gas ... , it was decided that LPG import duties, which are normally 5%, ...
Business Apr 28, 2026 | 7:37 pm

Indonesia Weighs Plastic Stimulus as Global Price Surge Hits Industry

... Naphtha Imports Shift to India, US, Africa The task force, established ... been disrupted,” Budi said. Although import orders from alternative suppliers are ...
Business Apr 27, 2026 | 9:17 pm

Indonesia Resumes Shrimp Exports to US, Ships 3,400 Containers

... Indonesia’s Shrimp Exports to US Rebound After Cesium-137 Contamination ... , including those set by US authorities, he said. The ... Shrimp Again to US After FDA Import Warning On Aug. ... 14, the US Food and Drug Administration issued Import ...
Business Apr 27, 2026 | 5:27 pm

Imported Australian Cattle Prices Jump 40% Above Cap

... wide gap has emerged between import costs and the government’s cattle ... ’s cattle price reference as import costs continue to climb. ... a warning for all of us,” he said. The Agriculture ... bridge the gap between rising import costs and domestic regulations. ...
Business Apr 22, 2026 | 1:04 pm

Retail Sector Flags Cost Pressures, Urges Import Policy Relaxation

... the government to ease import licensing, warning that rising ... current raw material pressures, import permits for finished goods not ... he said. Read More: US Tariffs on Indonesia Stay at ... Compliance Despite pushing for looser import rules, retailers said they ...
Business Apr 16, 2026 | 3:46 pm

IMF Sees Global Growth Down to 3.1%, Indonesia to 5%

... Sub-3% Deficit as Purbaya Courts US Investors in New York Asia ... similar pressures from higher energy import costs and tighter global financial ... the greatest pressure, as higher import costs reduce purchasing power and ...
Business Apr 15, 2026 | 1:51 pm

Apindo Warns Production Could Stall Next Month on Supply Shortages

... difficult period does not push us to raise prices,” Bob said ... the crisis, including more flexible import regulations. Quota restrictions, it said ...
Business Apr 15, 2026 | 11:56 am

Indonesia Eyes Plastic Price Relief as Naphtha Imports Shift to India, US, Africa

... supply sources. Busan noted that import processes from the new supplier ...
Business Apr 13, 2026 | 10:38 pm

Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163%

... to reduce reliance on the US dollar by expanding the use ... local currencies, particularly in export-import activities. “Through LCT, the government ...
Business Apr 13, 2026 | 2:53 pm

Bank Indonesia: Oil Above $100 Delivers Double-Edged Impact for Indonesia

... by escalating tensions involving the US, Israel, and Iran ... global financial markets. A stronger US dollar reflects mounting uncertainty. ... a buffer against higher energy import costs. Read More: Food ... Bonds Under Pressure as US–Iran Tensions Push Yields ...
Business Apr 13, 2026 | 2:20 pm
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