Economy and Business

The Jakarta Composite Index (IHSG) closed trading on Tuesday, July 21st, maintaining an extraordinary nine-day streak of gains, a significant display of resilience and investor confidence in the Indonesian market. The benchmark index surged by 1.74% to settle at 6,340.02 points, marking its highest closing level in recent memory following a sustained upward trajectory. This impressive rally, which commenced on …

Silver, often overshadowed by its more lustrous counterpart, gold, is increasingly garnering attention as a compelling alternative asset for investors seeking diversification and growth opportunities within the precious metals sector. Its relative affordability, coupled with a unique blend of industrial and investment demand, positions silver as a fascinating, albeit complex, instrument in today’s dynamic economic landscape. While it offers significant …

Jakarta, CNN Indonesia – Indonesia’s financial system has demonstrated remarkable resilience, maintaining robust stability throughout the first half of 2026, despite a landscape of heightened global uncertainties. This steadfast performance was officially affirmed by Finance Minister Purbaya Yudhi Sadewa, who also chairs the influential Financial System Stability Committee (KSSK), during a pivotal meeting with Commission XI of the House of …

Jakarta, VIVA – The Indonesian government is actively considering a reduction in the prices of non-subsidized fuels, a move that could materialize if the current downward trend in global crude oil prices persists. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, confirmed on Monday, July 20, 2026, that the administration is meticulously calculating the potential impact of these global …

Jakarta, Indonesia – Rosan Roeslani, Chief Executive Officer (CEO) of Danantara Indonesia, has confirmed that Danantara Sumberdaya Indonesia (DSI) has successfully tracked and facilitated the management of US$10.5 billion in foreign exchange from export activities within just over a month of its operational commencement. This significant achievement, initially highlighted by President Prabowo Subianto, underscores a pivotal shift in Indonesia’s approach …

Beyond its esteemed counterpart, gold, silver has firmly established itself as another precious metal with profound strategic value, increasingly recognized as a robust instrument for investment. Its popularity has seen a significant uptick, fueled by a growing public awareness of its multifaceted potential for profitability in the foreseeable future. For prospective investors, engagement with silver investments is facilitated through a …

Indonesian President Prabowo Subianto has issued a decisive directive, signaling a new era of accountability for businesses and project developers. During a Cabinet Plenary Session held at the State Palace in Central Jakarta on Monday, July 20, President Subianto emphatically stated that the government would revoke various business permits, including Rights to Cultivate (Hak Guna Usaha – HGU), Rights to …

Jakarta, VIVA – The Indonesian government is intensifying its push for bioethanol adoption, with the Ministry of Energy and Mineral Resources (ESDM) actively encouraging private sector investment in domestic ethanol production facilities. This strategic move, articulated by Eniya Listiani Dewi, Director General of New, Renewable Energy and Energy Conservation (EBTKE) at ESDM, is a cornerstone of the nation’s ambitious target …

Jakarta, Indonesia – The Indonesian Coordinating Ministry for Economic Affairs (Kemenko Perekonomian) has expressed strong confidence that the impending mandatory implementation of B50 biodiesel, a blend containing 50% palm oil-derived fatty acid methyl ester (FAME), will not negatively impact the nation’s crude palm oil (CPO) export volumes. This assurance is based on Indonesia’s prior experience in transitioning from B35 to …

Jakarta (ANTARA) – The Iranian currency has recently captured global attention amidst escalating geopolitical tensions and dynamic global economic policies. The United States, under then-President Donald Trump, initiated stringent measures, imposing tariffs of up to 25 percent on nations maintaining business ties with Iran. This policy immediately triggered a cascade of reactions, profoundly impacting Iran’s economic landscape and, most notably, …