Economy and Business

Throughout the period spanning January to April 2026, the East Java Regional Police (Polda Jawa Timur) successfully dismantled a significant network involved in the illicit diversion and misuse of subsidized fuel and Liquefied Petroleum Gas (LPG). This extensive operation led to the uncovering of 66 distinct cases, resulting in the confiscation of 26,484 liters of subsidized fuel, comprising 8,904 liters …

Indonesian Finance Minister Purbaya Yudhi Sadewa took to social media on Sunday, April 3, posting a video of himself swimming, a direct response to circulating rumors regarding his health and alleged hospitalization. The move, unconventional for a high-ranking official, aimed to reassure the public and financial markets of his well-being, even as it sparked broader discussions about ministerial transparency, work-life …

Jakarta, Indonesia – Rosan Roeslani, Indonesia’s Minister of Investment and Downstreaming, who also serves as the Head of the Investment Coordinating Board (BKPM) and is noted as the CEO of Danantara, conducted a critical inspection of a prospective development site for the ambitious Indonesia Financial Center (IFC) in Bali on Sunday, May 3, 2026. The visit underscored the government’s unwavering …

Jakarta (ANTARA) – Iran’s national currency has recently become a focal point of global attention, largely due to escalating geopolitical tensions and the far-reaching impact of international economic policies. A significant turning point occurred when the administration of former U.S. President Donald Trump took decisive action, reimposing tariffs of up to 25 percent on countries that continued to engage in …

Jakarta, VIVA – As of Sunday, May 3, 2026, a significant paradigm shift is evident in the entrepreneurial landscape, particularly among Generation Z. No longer a daunting prospect confined to traditional pathways, initiating a business venture has become remarkably accessible for this demographic, inherently fluent in the language of the digital age. Fueled by rapid technological advancements and unprecedented access …

The nation mourns in the wake of a devastating train accident at Bekasi Timur Station, an incident that has plunged families into profound grief and underscored the critical importance of railway safety and robust support systems. PT Kereta Api Indonesia (Persero), or KAI, the state-owned railway operator, has swiftly moved to express its deepest condolences to all affected families, simultaneously …

Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, met with President Prabowo Subianto to discuss the rapid acceleration of Indonesia’s ambitious downstreaming program, a strategic economic policy aimed at enhancing the value of the nation’s vast natural resources. The pivotal discussion, held at the President’s residence in Hambalang, outlined plans for establishing new downstreaming facilities …

Jakarta, Indonesia – PT Bank Tabungan Negara (Persero) Tbk (BBTN), widely recognized as BTN, a prominent state-owned bank with a dedicated focus on housing finance, announced significant changes to its corporate leadership and a pivotal capital allocation strategy following its Annual General Meeting of Shareholders (RUPST). The crucial meeting, convened at Menara BTN in Jakarta on Thursday, April 23, 2026, …

The Indonesian government marked a significant milestone in its commitment to safeguarding the rights of domestic workers by formally submitting the Inventory of Problems (Daftar Inventarisasi Masalah – DIM) for the Draft Law on the Protection of Domestic Workers (Rancangan Undang-Undang Perlindungan Pekerja Rumah Tangga – RUU PPRT) to the House of Representatives (DPR RI) on Monday, April 20, 2020. …

The much-anticipated Transmart Full Day Sale, a recurring event designed to stimulate consumer spending and offer substantial savings, successfully captivated shoppers across Indonesia on Sunday, April 19, 2026. From the moment stores opened their doors until the designated closing time of 10:00 PM local time, customers were presented with an array of compelling offers, most notably a remarkable discount on …