Economy and Business

Jakarta, Indonesia – Perum BULOG, the Indonesian State Logistics Agency, has definitively affirmed the stable and controlled condition of the supply and pricing of the government-subsidized simple cooking oil brand, ‘Minyakita,’ across the nation. The agency reassures the public that the availability of Minyakita is ample and its distribution remains widespread throughout various regions, effectively addressing recent concerns regarding potential …

Jakarta – President Prabowo Subianto has issued a pivotal directive, Presidential Instruction (Inpres) Number 2 of 2026, signaling a robust and urgent national commitment to achieving accelerated food self-sufficiency in the agricultural sector. Signed on March 25, 2026, the comprehensive instruction aims to fundamentally transform Indonesia’s food landscape, ensuring national resilience and economic independence against an backdrop of evolving global …

Jakarta, Indonesia – In a significant move signaling his administration’s profound commitment to national economic transformation, President Prabowo Subianto has officially formed a high-level Task Force for the Acceleration of Government Programs to Support Increased Economic Growth. Established through Presidential Decree number 4 of 2026, signed on March 11, 2026, this strategic body is directly charged with spearheading efforts to …

Jakarta is set to host a groundbreaking creative exhibition titled ‘Let Them Eat Art’, a collaborative initiative by LQID Creative Space and Weirdough Bakehouse, with leading logistics provider JNE proudly serving as its Official Logistics Partner. This innovative event, running from April 13 to May 8, 2026, at Sudirman 7.8, Central Jakarta, aims to invigorate the local Intellectual Property (IP) …

Jakarta, Indonesia – A recent national poll reveals widespread public discontent in the United States, with a significant majority of Americans holding President Donald Trump responsible for the dramatic surge in gasoline and diesel prices. This attribution comes amidst an escalating conflict with Iran, which analysts suggest is a primary driver of global energy market volatility. The dramatic rise in …

The Indonesian Rupiah experienced a significant depreciation, reaching its lowest level against the Singapore Dollar on April 15, 2026, a development primarily driven by escalating geopolitical tensions in the Middle East and substantial capital outflows from Indonesia’s financial markets. This sharp decline has ignited widespread concerns regarding its potential ramifications for regional trade, investment, and cross-border services, particularly impacting the …

Jakarta – After a period of remarkable upward momentum that saw gold prices reach unprecedented highs, PT Aneka Tambang Tbk (Antam) has reported a significant downturn in its 24-carat gold offerings. On Friday, April 17, 2026, the price of Antam’s 24-carat gold experienced a notable drop of Rp 20,000 per gram, settling at Rp 2,868,000 per gram. This adjustment comes …

Jakarta, Indonesia – The National Nutrition Agency (Badan Gizi Nasional – BGN) has issued a pivotal directive, reinforcing the mandatory social protection for all volunteers actively participating in the "Makan Bergizi Gratis" (MBG) or Free Nutritious Meals program. This significant policy shift requires all partners and foundations managing the Satuan Pelayanan Pemenuhan Gizi (SPPG), or Nutrition Fulfillment Service Units, to …

The Jakarta Composite Index (IHSG) concluded trading on Thursday, April 16, with a largely stagnant performance, registering a marginal decline of 0.03% to close at 7,621.38. This muted movement reflected a nuanced interplay of domestic buying interest in select counters and persistent selling pressure from foreign investors, coupled with a varied sectoral landscape. Despite a slight upward momentum in global …

Jakarta, Indonesia – Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has emphatically stated that the Southeast Asian economic powerhouse currently requires no financial assistance from the International Monetary Fund (IMF), asserting the nation’s robust fiscal health. This declaration, made after a high-level meeting with IMF Managing Director Kristalina Georgieva in Washington D.C., underscores Indonesia’s significant economic resilience, particularly highlighted by …