Markets and Finance
Indonesia seeks boost in U.S. oil&gas imports to ease trade tensions, balance deficit
State energy company PT Pertamina is awaiting the government's direction in regards with plan to increase oil and gas imports from the U.S. in an effort to balance the trade with Uncle Sam which is in deficit.
U.S. tariff policy deemed counterproductive, pressures rupiah, threatens exports
The increase in import tariffs by United States President Donald J. Trump against a number of trading partner countries is considered to have put great pressure on Indonesia's economic stability, having a direct impact on the rupiah exchange rate and national export performance, says a researcher.
Trump's tariff policy creates an export boost opportunity for Indonesian TPT sector
Coordinating Minister for the Economy, Airlangga Hartarto, said that the import tariff policy by U.S. President Donald J. Trump opened up opportunities for growth of several local commodities, such as textiles and textile products (TPT).
Trump's policy triggers global trade restructuring, oil prices to plummet: Expert
The reciprocal tariff policy of United States President Donald J. Trump against a number of trading partner countries has the potential to trigger restructuring of international trade, which is anticipated to lead to global economic slowdown and a sharp decline in world oil prices and in particular affecting the Indonesian economy, says an expert.
BI announces aggressive intervention to stabilize rupiah after IdulFitri
The Indonesian Central Bank (BI) has hinted at conducting aggressive market intervention to stabilize the rupiah exchange rate which was depressed during the long IdulFitri holiday.
Rupiah under threat, but strategic moves with China and Japan “could offer lifeline”
The recent U.S. tariff policy under U.S. President Donald J. Trump's administration that targets a number of trading partner countries, such as Indonesia, on Wednesday, April 4, 2025, causes the rupiah exchange rate against the U.S. dollar to plummet.
Bank DBS boosts ESG financing, disburses over Rp2.4 T for sustainable projects
Bank DBS Indonesia has recorded funding related to ESG (environmental, social and governance) or Sustainable Business Activities (KKUB) of 14.8 percent throughout 2024 to early 2025.
Tirta Jati targets market growth, production independence in drinking water industry
Cirebon Regency-owned tap water company Tirta Jati is striving for market growth and production independence amidst the booming product of Packaged Drinking Water (AMDK) from various brands, targeting strengthened presence in the local market.
Experts: U.S. tarriffs could jeopardize Indonesia's IT sector, weaken rupiah
Director for Digital Economy at the Center for Economics and Law Studies (CELIOS), Nailul Huda, has assessed that the impact of the U.S. reciprocal tariff policy has the potential to weaken the telecommunications and information technology (IT) sector in Indonesia.
Medco Energi Books Strong Financial, Operational Performance in 2024
PT Medco Energi Internasional Tbk (MedcoEnergi) announced its audited 2024 annual financial report. The company recorded significant achievements in oil and gas production, electricity sales, cost efficiency, and capital management.
iPhone 16 Series officially launched in Indonesian Market
Apple Premium Partner & Authorized Reseller in Indonesia, Digimap, officially opened pre-orders for the iPhone 16 Series − iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max − throughout Indonesia since Thursday, March 27, 2025.
Economist warns of worsening Indonesia's debt crisis
Indonesia's national debt has reached alarming levels, raising concerns over the country's financial stability, economist Anthony Budiawan has warned.