Economy and Business

Jakarta’s bustling streets, like many across Indonesia, frequently see vehicle owners grappling with the ever-present challenge of rising fuel costs. In an effort to mitigate operational expenses without, they hope, compromising performance, a common practice has emerged: blending two different types of gasoline, Pertamax and Pertalite, in their vehicle tanks. While seemingly a pragmatic solution to achieve a desired octane …

The Indonesian Ministry of Finance (Kemenkeu) has identified a significant number of regional administrations across the archipelago facing substantial financial difficulties, prompting the central government to formulate comprehensive plans for targeted fiscal intervention. Speaking at a press conference on "APBN Kita" (Our State Budget) at the Ministry of Finance headquarters in Central Jakarta on Tuesday, July 21, 2025, Minister of …

Starting a business often conjures images of significant capital investment, elaborate business plans, and daunting financial risks. However, a growing number of successful entrepreneurs are proving that substantial initial funding is not always a prerequisite for success. With meticulous planning, strategic market research, and the selection of appropriate business models, a modest capital outlay of approximately IDR 5 million (equivalent …

Jakarta, July 22, 2026 – Sudaryono, the recently appointed Head of the National Nutrition Agency (BGN), has publicly expressed his support for the potential establishment of a Supervisory Board within the institution, a development that has emerged following the resignation of his predecessor, Nanik S. Deyang. Speaking at a press conference held at the BGN office in Central Jakarta, Sudaryono …

The Allure of Year-End Spending: A Deep Dive into Consumer Behavior One of the most frequently observed financial pitfalls at year-end is the dramatic and often unwarranted surge in spending. Unlike the more predictable and relatively stable expenditure patterns seen in regular months, the closing months of the year, particularly from November to December, witness a proliferation of additional financial …

Jakarta, Indonesia – The Indonesian government has officially confirmed the reinstatement of incentives for the purchase of electric motorcycles, signaling a renewed commitment to accelerate the nation’s transition towards sustainable transportation. However, in a significant strategic shift from previous programs, the revised incentive scheme will exclusively target "certain companies" rather than individual consumers. This move, announced by Finance Minister Purbaya …

Jakarta, VIVA – In a critical address on Wednesday, July 22, 2026, at 17:09 WIB, Bank Indonesia (BI) Governor Perry Warjiyo underscored the urgent necessity for a reinforced and synergistic policy response between fiscal and monetary authorities. This call comes as the global economy and financial markets face a renewed surge in uncertainty, primarily triggered by the re-escalation of tensions …

Jakarta – Sudaryono, the recently inaugurated Head of the National Nutrition Agency (BGN) by President Prabowo Subianto, has articulated a bold vision for the nation’s flagship Free Nutritious Meal (MBG) program, asserting that its impact extends far beyond mere caloric provision to encompass profound positive effects on the Indonesian economy. Speaking at the State Palace in Central Jakarta on Wednesday, …

The world mourns the passing of Brigitte Bardot, the iconic French actress whose magnetic presence on screen captivated a generation and whose later life was devoted with unwavering passion to animal welfare. Bardot, a true global phenomenon and a symbol of 20th-century cultural shifts, passed away peacefully at the age of 91 on Sunday, December 28, 2025, at her beloved …

The Indonesian National Agency of Drug and Food Control (BPOM) has strongly reiterated its steadfast commitment to enhancing the competitiveness of Indonesian food products within the ASEAN region. This strategic push is primarily driven by the ambitious goal of harmonizing food safety regulations across member states, a critical initiative for both public health and economic prosperity. Central to this endeavor …