Economy and Business

Pegadaian’s Exemplary Industrial Harmony Hailed by Deputy Minister of Manpower at Grand Employee Gathering in Depok

Depok, Indonesia – A powerful demonstration of robust industrial relations and corporate synergy unfolded on Sunday, July 19, 2026, as approximately 1,000 active employees and cherished retirees of PT Pegadaian gathered for a momentous grand meeting and social event. Organized by the Serikat Pekerja PT Pegadaian (SP Pegadaian), the occasion, held in Depok, served as a vibrant testament to the …

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Iran’s Economic Crucible: Unraveling the Rial’s Plight, the Toman’s Rise, and the Nation’s Redenomination Journey Amidst Geopolitical Tensions.

Jakarta (ANTARA) – The Iranian currency has recently captured global attention, intertwined with escalating geopolitical tensions and shifting international economic policies. A significant catalyst was the United States’ firm stance under former President Donald Trump, which saw the re-imposition of tariffs up to 25 percent on nations continuing business dealings with Iran. This policy, part of a broader "maximum pressure" …

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Jangan Lupa ke Transmart Full Day Sale Besok, Ada Diskon Seharian

Jakarta, Indonesia – Transmart, one of Indonesia’s leading hypermarket chains, is set to host its highly anticipated "Full Day Sale" across all its outlets nationwide this Sunday, July 19. The event promises substantial discounts of up to 50% on a wide array of products, coupled with an additional 20% discount for customers utilizing specific digital payment methods, aiming to stimulate …

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Strengthening MSME Economy Crucial for Rupiah Stability Amid Global Headwinds, Says Finance Minister Purbaya Yudhi Sadewa

Jakarta, VIVA – On Sunday, July 19, 2026, Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, affirmed the government’s steadfast commitment to bolstering the nation’s Micro, Small, and Medium Enterprises (MSME) sector as a cornerstone strategy to fortify the Rupiah’s exchange rate against the US dollar. This proactive stance comes amidst persistent global market volatilities that continue to exert pressure on …

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Indonesian Minister Airlangga Hartarto Engages with Huawei and ByteDance to Propel National Digital Transformation and AI Development.

Jakarta, Indonesia – In a significant diplomatic and economic outreach, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, held strategic meetings with the top leadership of two global Chinese technology giants, Huawei and ByteDance, in Shanghai, China, on Friday, July 17, 2024. The high-level discussions centered on crucial areas of collaboration, including Artificial Intelligence (AI), digital infrastructure, digital talent development, …

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Iran’s Currency Turmoil: Geopolitical Pressures, Sanctions, and the Official Redenomination of the Rial to Toman Amidst Economic Strain

Jakarta (ANTARA) – Iran’s national currency has become a focal point of global attention, intrinsically linked to escalating geopolitical tensions and the far-reaching impact of international economic policies. A decisive move by the United States, under former President Donald Trump, to reimpose and expand tariffs, reportedly up to 25 percent, on nations continuing business ties with Iran, has exacerbated an …

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BPH Migas and Pertamina Intensify Efforts to Normalize Fuel Distribution in North Sumatra Amidst Persistent Queues and Operational Challenges.

Jakarta, Indonesia – The Downstream Oil and Gas Regulatory Agency (BPH Migas) has actively intervened, collaborating with Pertamina Patra Niaga Regional Northern Sumatra (Sumbagut), to accelerate the normalization of fuel distribution, particularly in Medan and surrounding areas, where lengthy queues at gas stations (SPBU) have significantly disrupted daily life. The coordinated efforts have begun to yield positive results, with noticeable …

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Understanding the Persistent Discrepancy: Why Gold Buyback Prices Inevitably Lag Initial Purchase Costs

As of Saturday, July 18, 2026, the price of gold continues to capture significant public attention, particularly amidst periods of appreciation. Many individuals, seeing their long-held gold appreciate in value, consider selling their precious metal assets, anticipating a profitable return. However, a common experience often leads to surprise and even disappointment: the buyback price offered by dealers is frequently lower …

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Eucalyptus Oil as a Fuel Additive: Unpacking the Claims of Enhanced Efficiency and Expert Warnings

The recent surge in social media discussions regarding the purported ability of eucalyptus oil to significantly improve vehicle fuel efficiency has captivated public attention across Indonesia. Claims circulating widely suggest that mixing minyak kayu putih (eucalyptus oil) with gasoline can lead to substantial reductions in fuel consumption, sparking a wave of public curiosity and experimentation. This informal discourse has invariably …

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