Tag Archives: volatility

An extraordinary high-level economic meeting, commencing in the late afternoon, brought together Indonesia’s most influential economic policymakers to deliberate on a wide array of strategies aimed at fortifying the national economy. The crucial gathering, held against a backdrop of complex global economic dynamics, included Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of Investment and Downstreaming Rosan Roeslani, Minister of …

Kuala Lumpur, Malaysia – Petroliam Nasional Bhd (Petronas), Malaysia’s national oil and gas corporation, has successfully received a critical shipment of one million barrels of Basrah crude oil from Iraq. The vital cargo, transported by the tanker Ocean Thunder, arrived in Malaysia on Saturday, April 18, marking a significant stride in the nation’s ongoing efforts to bolster its domestic fuel …

Magelang, Central Java – April 18, 2026 – President Prabowo Subianto on Friday undertook a surprise inspection (sidak) of the Bulog Danurejo Warehouse Complex in Magelang, Central Java, a move that significantly underscored his administration’s immediate focus on fortifying national food security. Accompanied by Deputy Minister of Agriculture Sudaryono, the President’s unannounced visit was a direct demonstration of his commitment …

Jakarta, Indonesia – In a strategic move to fortify its national energy security and mitigate risks associated with an unpredictable global geopolitical landscape, Indonesia has confirmed its decision to purchase crude oil from Russia. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, announced the pivotal decision, emphasizing that the procurement is a critical component of Indonesia’s broader strategy to …

Indonesia’s external debt (ULN) continued its upward trajectory, reaching a significant US$437.9 billion in February 2026. This figure, equivalent to approximately Rp 7,488 trillion when calculated at an exchange rate of Rp 17,100 per US dollar, marks an increase from the US$434.9 billion recorded in the preceding month. On an annual basis, Indonesia’s ULN demonstrated a growth of 2.5% year-on-year …

Jakarta, April 16, 2026 – PT Aneka Tambang Tbk (Antam), Indonesia’s state-owned mining giant, reported a modest decline in its gold prices today, Wednesday, April 16, 2026, following a significant two-day rally that saw prices reach near-record highs. The 24-karat Antam gold bar experienced a decrease of Rp 5,000 per gram, settling at Rp 2,888,000 per gram. This adjustment comes …