Economy and Business

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 …

The Indonesian precious metals market witnessed a notably dynamic week from April 13 to April 18, 2026, as the price of Antam’s 24-karat gold bars concluded with a substantial increase of Rp 66,000 per gram. This upward trajectory, characterized by considerable intra-week fluctuations, underscored gold’s enduring role as a pivotal investment asset in times of economic uncertainty and market volatility. …

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 …