President Prabowo Subianto nominated Thomas, his nephew, on Jan. 19 to replace former deputy BI governor Juda Agung, who resigned with immediate effect on Jan. 13, according to BI.

As private fuel retailers began seeing their annual stocks run low last August, the government refused to issue additional quotas and instead urged them to buy imported base fuel from Pertamina. 

In the first such large commitment for months, the IKN Authority has secured a commitment of nearly US$240 million from the Emirati real estate giant to build a mixed-use development in the future capital.

Milk is a key component of President Prabowo Subianto’s free nutritious meal program, as promised during his presidential campaign, despite Indonesia’s limited domestic capacity to meet a significant surge in demand.

Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.

The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.  

Beef prices in Indonesia usually climb ahead of Idul Fitri, which is expected to fall on March 21 this year, as seasonal demand rises during Ramadan and the festive period.

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.

E-commerce sellers say restrictions on platform fees under a planned new regulation would help them manage pricing more efficiently.

Stocks were subdued and precious metals hit fresh highs Friday after a turbulent week that saw US President Donald Trump back down from threats to seize Greenland and to issue tariffs against European allies.

If approved by state electricity monopoly PLN, the total quota for 2026 would rise to around 1,400 MW.

In his keynote speech at WEF 2026, the President painted the country as a "land of opportunity" while vowing to crack down on noncompliant businesses that continued to prop up the detrimental practice of "greednomics".

Half of Danantara's investments this year will go to public markets, largely in Indonesia, while it also evaluates opportunities in China, India, Japan, South Korea and Europe.

EU leaders heaved a sigh of relief over Donald Trump’s U-turn on Greenland as they met for an emergency summit in Brussels late on Thursday.

President Donald Trump warned Thursday of major reprisals if European countries dumped key holdings of US Treasury bonds to pressure Washington, as temperatures fluctuated over the future of Greenland.

Implementing B50 amid stagnant production could trigger a sharp rise in CPO prices and derivative products such as cooking oil, as well as reduce export volumes.

The yield on Indonesian government bonds has climbed to its highest level in more than three months on the back of general uncertainty, fiscal worries and concerns about the independence of Bank Indonesia (BI) following the nomination of Thomas “Tommy” Djiwandono as deputy governor.

Bank Indonesia, meanwhile, has projected Indonesia’s GDP to grow by around 5.3 percent year on year in 2026, supported by rising consumption and investment.

The agency revealed that Jakarta and Tangerang, despite facing the country’s most severe waste problems, were left out of the initial pilots as local administrations have yet to indicate their readiness.

The President secured 4 billion pounds in investment commitments during his state visit to the UK, which included a meeting with the king on conservation initiatives, before departing to deliver his keynote at Davos.

South Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest slump in three years on weaker investment and exports, but the global AI boom is set to improve the outlook and allow the central bank to retain its steady rates stance.

Finance Minister Purbaya Yudhi Sadewa estimated that formalizing illegal cigarette production could generate additional trillions of rupiah (more than US$59 million) for the state coffers.

Professionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.

The addition brings the airline’s Malaysia-Indonesia network to 19 routes, which served nearly 3 million passengers last year.  

Roughly 95 percent of the country’s consumption is currently met through imports.

Japan should act decisively against excessive market moves, Yuichiro Tamaki, head of an influential opposition party, told Reuters on Wednesday, after a brutal sell-off of Japanese government bonds sent a chill through global financial markets.