Markets and Finance
Finance Ministry-OJK set up joint task force to address capital market issues
The Finance Ministry and the Financial Services Authority (OJK) have agreed to establish a special joint task force aimed at addressing a range of ongoing issues in the capital market.
China could overtake the U.S. as the world’s largest economy by 2045: Economist
China is on track to surpass the United States as the world’s largest economy by 2045, said Prof. Justin Yifu Lin, former Chief Economist at the World Bank.
Airlangga: U.S. government shutdown stalls Indonesia-U.S. trade negotiations
The ongoing government shutdown in the United States has temporarily halted trade negotiations between Indonesia and the U.S., Coordinating Minister for the Economy Airlangga Hartarto confirmed on Tuesday, October 7, 2025.
Energy trilemma: Extractive projects, funding and social-environmental impacts
A new report by Recourse and Trend Asia has uncovered the energy trilemma in extractive energy projects in contrast to their funding practices and impacts to the community and the environment.
Emerging Asian markets face hurdles in just, inclusive low-carbon transition
Emerging markets in Asia face greater challenges than developed economies in achieving a just and inclusive low-carbon transition, according to a new report by the Asia Investor Group on Climate Change (AIGCC).
Strengthened due diligence in steel industry supply chains sought after Cesium-137 contamination case
Environment and energy watchdog, the Ecological Action and People's Emancipation (AEER), has called for a stronger commitment to regulatory due diligence, better waste management oversight, and improvements in the steel sector following a significant incident of Cesium-137 (Cs-137) contamination at PT Peter Metal Technology (PMT) in Cikande, Banten.
Indonesia eyes incentives to repatriate Forex, tightens oversight on transfer pricing
The Indonesian government is preparing a package of incentives to lure home foreign exchange (forex) owned by Indonesian individuals and corporations abroad, aiming to bolster the economy and stabilize the rupiah.
INACRAFT 2025 highlights youthpreneurs, sustainability
The annual Jakarta International Handicraft Trade Fair (INACRAFT), Southeast Asia’s largest handicraft exhibition, returned this week with its October edition, spotlighting the rise of young entrepreneurs as drivers of Indonesia’s creative economy.
Economist questions BPS methodology behind Q2 growth
Concerns have mounted over Indonesia’s official economic growth data after the Statistics Indonesia (BPS) reported second-quarter (Q2) 2025 growth of 5.12 percent, with an economist arguing that it does not match leading indicators.
Economists cautious on Rp16 T stimulus as government bets on 5.5% growth in Q4
The government’s Rp16 trillion (US$985 million) stimulus package has drawn cautious responses from economists, who say the measures may help prevent further slowdown but are unlikely to deliver the ambitious growth target of 5.5 percent in the fourth quarter of 2025.
Finance Minister, legislators clash over unpaid energy subsidies
A heated verbal exchange broke out at Finance Commission XI of the House of Representatives (DPR) hearing on Tuesday, September 30, 2025, as Finance Minister Purbaya Yudhi Sadewa and legislators debated conflicting claims over outstanding subsidy and compensation payments to state-owned energy firms PT Pertamina and PT PLN.
Indonesian cigarette industry turns to exports amid domestic market challenges
The Indonesian white cigarette industry has increasingly focused on exports to sustain factory operations, following a decline in domestic demand due to weakened purchasing power and excise hikes between 2020 and 2024.