Pertamina is racing to secure the release of two of its tankers stuck in the Persian Gulf through diplomatic channels, as analysts warn that the recent US-Iran ceasefire does little to guarantee safe passage through the politically charged Strait of Hormuz.

Oil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic.

Zentara is an Indonesian cybersecurity company founded in 2025. CEO Regal Rauniyar Star spoke to The Jakarta Post’s Ruth Dea Juwita about closing domestic gaps, how AI reshapes cyberthreats and the company’s ambition to compete with global players.

The facility is designed as an integrated melamine production chain with an annual capacity of up to 120,000 tonnes and is targeted to commence operations in the second quarter of 2027.

Heavy equipment sales in Indonesia are expected to pick up in the second half of this year, driven by the gradual approval of mining companies’ annual production plans (RKAB), industry players say, although rising commodity prices have yet to trigger immediate demand.

Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon.

Researchers from the Center for Strategic and International Studies (CSIS) have called on the government to pursue strategic diversification to shield Indonesia from heightened global risk.

A de-escalation in the United States-Israeli war on Iran has helped the rupiah bounce back somewhat after approaching its historic low, but economists say the Indonesian currency remains subject to a range of risks.

The merger of 15 logistics firms into a single SOE is the earliest move and is expected to be completed within a month.

The bottled water industry estimates that raw material prices could rise as much as 100 percent and effect a 25-50 percent rise in packaging costs, inevitably leading to a price hike for consumers.

Stocks soared and oil plunged in early trade in Asia on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily to reopen the vital Strait of Hormuz.

Indonesian farmers face rising production costs and tighter chemical fertilizer supplies as the US-Israeli war on Iran intensifies, the Indonesian Farmers Union (SPI) has said.

A study found that hot, humid lowland climates in cities like Jakarta and Batam leave data centers heavily dependent on energy-hungry mechanical cooling systems that run at high load year-round.

The manufacturing sector’s growth trend is expected to face many challenges, including higher oil and energy prices due to US and Israeli attacks on Iran, as well as rupiah depreciation, which is pushing up production costs for certain industries.

The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.

"The world has never experienced a disruption to energy supply of such magnitude," he said in an interview with the French newspaper released in its Tuesday edition.

Through its subsidiary DIPO, the company will supply 20,600 trucks to Agrinas Pangan Nusantara as part of the government’s red and white cooperatives program, amid a broader plan to procure up to 160,000 vehicles nationwide.  

The energy minister has touted the competitiveness of Indonesia's avtur prices amid the economic fallout from the Iran war, even after a markup of more than 70 percent due to surging global fuel prices.

Global stocks wavered on Tuesday, while oil prices were perched near US$110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.

The government says prices of subsidized gasoline and diesel will stay fixed even if global oil prices remain elevated, while airlines will be allowed to lift airfares, but without excessively hurting consumers.

State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website.

The government will cover the 11-percent value added tax on domestic flight tickets to offset the impact of the price rise on travelers.

OJK has projected credit in the micro, small and medium enterprises (MSMEs) segment to grow between 7 percent and 9 percent this year, while overall loan growth is expected to reach between 10 and 12 percent. 

The project, which will be developed on land owned by state-owned railway operator Kereta Api Indonesia, to be carried out using Astra’s corporate social responsibility funds.

Southeast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.

US President Donald Trump's tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate – as long as things don't change too drastically.

Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.