Markets and Finance
Without clear funding scheme, investors will "smile, nod, then flee”: Sri Mulyani
Minister of Finance Sri Mulyani Indrawati has highlighted a critical gap in Indonesia’s infrastructure development − the lack of credible funding plans −which she says is the main reason private investors remain hesitant to engage in large-scale national projects.
PT Garam aims to solve quality challenges as RI moves to end industrial salt imports
State-owned salt producer PT Garam is addressing concerns from the food processing industry over the quality of locally produced salt, following multiple failed trials that led to damaged products as the issue lies not solely in the salt itself, but also in the technology used by processing plants.
RI downgrades clean energy ambitions in new RUPTL, bets big on fossil fuels
Indonesia’s newly released electricity supply roadmap (RUPTL) 2025–2034, outlines a stark pivot back to fossil fuel reliance, undermining previous clean energy goals and raising concerns among environmental analysts and energy transition advocates.
Rote Ndao to become salt industry powerhouse as RI will end salt imports by 2028
Indonesia is set to transform Rote Ndao in East Nusa Tenggara into a key hub for salt production with the development of the 10,000-hectare (ha) National Salt Industry Zone (K-SIGN) aimed at supporting the country’s salt self-sufficiency program and aligning with the government’s plan to halt industrial salt imports by 2028.
S. Sulawesi lures investment as Oceva Indonesia sets sights on seaweed processing hub
The South Sulawesi Provincial Administration is determined to attract investment in the maritime industry sector, particularly on seaweed processing.
Expert warns regulatory gaps threaten crypto, forex investment climate in Indonesia
A legal expert has raised concerns over ongoing regulatory gaps upon the implementation of Law No. 4/2023 on the Development and Strengthening of the Financial Sector, warning that these gaps pose serious risks to the rapidly growing cryptocurrency and forex industries in Indonesia.
MedcoEnergi completes US$461.52 M bond buyback, launches new US$400 M notes
Oil and gas company PT Medco Energi Internasional (MEDC) has approved a final dividend payout of US$37.95 million during its Annual General Meeting of Shareholders (AGMS) on Tuesday, June 3, 2025, raisingthe company’s total dividend distribution for the 2024 fiscal year to US$63.29 million.
Indonesia eyes seaweed-based biofuel as key to US$12 B green economy
Indonesia is setting its sights on seaweed downstreaming as a strategic measure toward building a green energy economy, with the potential to turn the marine commodity into third-generation biofuel.
Sumitronomics approach seen as key to boosting RI's sustainable economic growth
A senior economist expresses his belief that economic principles of "Sumitronomics" could play a vital role in accelerating Indonesia's economic growth, citing that many ideas from Indonesia’s renowned economic thinker, Sumitro Djojohadikusumo, remain highly applicable in today's context.
Paylater and online loans surge to over Rp110 T during Idul Fitri
The value of buy now, pay later (BNPL) debt in Indonesia reached Rp29.59 trillion (US$1.8 billion) in April 2025, coinciding with the Idul Fitri holiday season, while outstanding online loans (known as pinjol) soared to Rp80.94 trillion, according to the Financial Services Authority (OJK).
RI’s manufacturing PMI rises slightly to 47.4 in May, but sector still in contraction
Indonesia’s manufacturing sector remained in contraction territory in May 2025, despite a modest improvement in activity, with rating agency S&P Global revealing the country’s Manufacturing Purchasing Managers’ Index (PMI) rose slightly to 47.4, up from 46.7 in April, − a signal of ongoing economic pressure in the sector.
RI launches first local CT scan factory, aims for global reach in medical tech
Indonesia has inaugurated its first domestically assembled Computed Tomography (CT) scanner production facility − a collaborated manufacturing between global medical technology giant GE HealthCare and Indonesian pharmaceutical firm Kalbe Farma.