Economy and Business

Jakarta, Indonesia – Transmart, one of Indonesia’s leading hypermarket chains, has announced the much-anticipated return of its "Full Day Sale" event, scheduled for Sunday, April 19, 2026. This extensive promotional initiative is designed to offer customers significant savings across a broad spectrum of products, running from the moment stores open their doors until 10:00 PM local time. The sale highlights …

Jakarta, Indonesia – The strategic Strait of Hormuz was abruptly closed by Iran on Saturday, April 18, 2026, mere hours after it had been reopened, following accusations that the United States had reneged on an agreement by resuming its naval blockade against vessels navigating to and from Iranian ports. This sudden closure has left two Pertamina vessels, vital to Indonesia’s …

Jakarta, Indonesia – Bank Jatim, one of Indonesia’s prominent regional development banks (BPD), has underscored its unwavering commitment to digital transformation with the pre-event launch of its latest digital banking application, JConnect. This upgraded platform is designed to provide seamless connectivity and an enriched banking experience for its diverse customer base, marking a significant milestone in the bank’s long-term vision …

Jakarta, Indonesia – Transmart, one of Indonesia’s prominent hypermarket chains, is once again poised to ignite consumer enthusiasm with its highly anticipated Full Day Sale event scheduled for Sunday, April 19, 2026. This signature promotional initiative promises a substantial array of discounts, featuring savings of up to 50% on selected items, further augmented by an additional 20% discount for customers …

Jakarta is currently facing the ripple effects of heightened geopolitical tensions in the Middle East, which have driven up global soybean prices, posing a significant challenge for a nation heavily reliant on imports for its staple food production. The National Food Agency (Bapanas) has stepped in with intensive coordination efforts involving key industry players to ensure that the prices of …

Jakarta, Indonesia – Transmart, one of Indonesia’s leading modern retail chains, is set to host another installment of its highly anticipated "Full Day Sale" program on Sunday, April 19, 2026. This extensive one-day event, running from store opening until 10:00 PM Western Indonesia Time (WIB), promises substantial savings for consumers across a broad spectrum of products, with a particular highlight …

The National Food Agency (Bapanas) has revealed that an escalation in plastic prices is directly contributing to increased retail costs for fundamental food commodities, specifically rice and granulated sugar, across Indonesia. This information, gathered by Bapanas through direct engagement with food business stakeholders in the rice and sugar sectors, highlights a critical, often overlooked, aspect of the supply chain impacting …

Hundreds of thousands of U.S. importers are currently navigating a complex and often frustrating process to reclaim an unprecedented US$166 billion in import duties, following a landmark Supreme Court decision that invalidated a significant portion of the tariffs imposed by former President Donald Trump. This colossal sum, equivalent to approximately Rp 2,851 trillion at an exchange rate of Rp 17,180 …

Kuala Lumpur, Malaysia – Petroliam Nasional Bhd (Petronas), Malaysia’s national oil and gas corporation, has successfully received a critical shipment of one million barrels of Basrah crude oil from Iraq. The vital cargo, transported by the tanker Ocean Thunder, arrived in Malaysia on Saturday, April 18, marking a significant stride in the nation’s ongoing efforts to bolster its domestic fuel …

The highly anticipated Transmart Full Day Sale event, a recurring strategic initiative by the Indonesian retail giant, once again captivated shoppers with an extensive array of discounts, featuring savings of up to 50% coupled with an additional 20% for specific payment methods. This particular iteration, exemplified by past promotions like the one held on Sunday, April 19, traditionally runs from …