Latest news and articles about Indonesian economy from NEX English
The Indonesian Stock Price Index (IHSG) opened trading on Friday with a decline of 17.42 points, reaching 6,112.77 points, reflecting instability in the financial market. This drop comes amid notable fluctuations in the Indonesian financial market, indicating uncertainty among investors.
Indonesia's central bank has announced an enhancement to its interest rate control mechanism through a new system based on the difference between the BI-Rate and bank interest rates. This follows a 50 basis point increase in the benchmark interest rate aimed at maintaining stable banking interest rates and ensuring sustainable credit growth.
Economic Coordinating Minister Airlangga Hartarto reported that both local and international business leaders expressed their appreciation for the establishment of the Danantara Sumber Daya Indonesia (DSI) during a meeting with President Joko Widodo. The meeting took place at the Presidential Palace in Jakarta, where new export policies were discussed.
Indonesian Finance Minister, Sri Mulyani Indrawati, expressed optimism about the rise of the Indonesian Stock Price Index (IHSG) next week, supported by improving economic fundamentals. This comes after the index experienced a temporary decline.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced President Prabowo Subianto's plan to operate around <strong>30,000 cooperatives</strong> by July <strong>2026</strong> to boost the local economy. This initiative aims to support economic development in rural areas.
The Indonesian Finance Minister announced the government's readiness to intervene in the bond market to support the depreciating value of the rupiah, which has fallen to 17,500 rupiah against the dollar. This move comes amid increasing pressure on the national currency.
Bank Indonesia has released its forecasts for retail sales in April 2026, indicating stability with a real sales index of <strong>231.0</strong>. However, sales experienced both monthly and annual declines.
Food prices in Indonesia have seen a significant rise, with the price of a kilogram of red chili reaching <strong>67,650 rupiah</strong> and eggs costing <strong>31,000 rupiah</strong>. This increase comes at a sensitive time for the Indonesian economy, raising concerns among consumers.
The Indonesian Ministry of Trade has announced new regulations aimed at strengthening government control over export activities. These rules will come into effect on April 29, 2026.
Indonesia's central bank has announced a reduction in the dollar purchase limit in the local market to $50,000 per person monthly, aiming to address global economic pressures. This decision was made by the bank's governor during a press conference in Jakarta.
Economists in Indonesia reported that the trade surplus for March 2026 reached <strong>$3.32 billion</strong>, strengthening the national economy amid current geopolitical challenges.
This morning, gold prices in Indonesia saw a slight decrease across all major brands. Prices for UBS, Antam, and Galeri24 fell, reflecting changes in the local market.
The Vice Chairman of the Finance Committee in the Indonesian Parliament, Fawzi Amro, announced a plan to boost funding for small and medium enterprises (UMKM) through amendments to the Financial Sector Development and Strengthening Law (P2SK). This plan will be discussed with stakeholders in the upcoming session.
Food prices in Indonesia have seen a significant increase, with red chili peppers priced at <strong>60,000 Indonesian Rupiah</strong> per kilogram and eggs at <strong>31,000 Rupiah</strong>. This surge raises concerns among consumers across the nation.
The Indonesian Ministry of Industry announced that the Industrial Confidence Index (IKI) recorded 51.75 points in April 2026, indicating continued expansion in industrial activity. Sixteen out of twenty-three industrial sectors experienced notable growth, reflecting the strength of the Indonesian economy.
The Indonesian government raised 40 trillion rupiah from an auction of nine types of government bonds on April 28, 2026. The auction attracted significant interest from investors, with total bids reaching 74.95 trillion rupiah.
The Indonesian Deputy Minister of Trade, Diyah Roro Esti Widya Putri, praised the significant efforts made by Ms. Rudi in promoting small and medium product marketing. These initiatives have opened new markets for Indonesian products, including exports to multiple countries.
PT Pefindo Biro Kredit (IdScore) reports that Indonesia's credit industry remains strong despite global pressures, particularly due to the ongoing conflict between the United States and Iran. Loan growth continues to be positive, reflecting the industry's resilience.
During her visit to the 'Bu Rudi' store in Surabaya, Indonesian Deputy Minister of Trade, Diyah Roro Esti, praised the importance of modern stores in supporting small and medium enterprises (SMEs). She emphasized that these stores provide a vital platform for showcasing products and enhancing the local economy.
The Indonesian Stock Price Index (IHSG) closed significantly lower, losing 34.13 points to reach 7072.39 points. This decline comes as investors express concerns over the unclear future of the ongoing conflict between the United States and Iran.
The Director General of the General Legal Administration at the Indonesian Ministry of Law, Widodo, emphasized the importance of transforming civil legal management services as a cornerstone for ensuring legal stability and enhancing the national economy. This statement was made during the opening of a consultative event on civil administration services in Jakarta.
Hendri Munief, a member of Indonesia's parliamentary energy committee, emphasized the significant potential women have to stimulate the economy through small and medium enterprises. This statement was made during a graduation ceremony for an entrepreneurship school in Riau, highlighting the importance of digital knowledge in developing these projects.
Indonesian BCA Bank has announced measures to strengthen its debt monitoring in sectors affected by global changes, particularly due to conflicts in the Middle East and rising oil prices. This initiative aims to ensure loan quality and maintain market stability.
Indonesian parliament member Hendri Munief has called for strengthening the role of women, especially Muslim female entrepreneurs, in developing the small and medium enterprises (SMEs) sector. This initiative is part of the government's efforts to boost national economic growth.
PT Mirae Asset Sekuritas Indonesia has announced its forecast for the Indonesian economy to grow by <strong>5%</strong> in <strong>2026</strong>, despite anticipated global economic slowdowns. This estimate comes amid complex economic conditions impacting global markets.
Indonesian Finance Minister, Sri Mulyani Indrawati, announced the country's rejection of loan offers from the IMF and World Bank, citing strong financial reserves. This decision was made during a press conference in Jakarta, emphasizing Indonesia's financial stability.
In response to rising global geopolitical tensions, Indonesian police chief General Listyo Sigit Prabowo has called for the readiness of special police forces (Brimob) to enhance security and public order. This request comes amid escalating conflicts among major powers.
Fakhrul Folyan, head of the economics department at Termigah Securities, indicated that the rise in unsupported gas and oil prices in Indonesia could lead to an expected increase in inflation rates. He urged the government to take proactive measures to address these challenges.
PT Federal International Finance (FIFGROUP) reported financing worth <strong>306 billion rupiah</strong> in the JATA 2 area during the first quarter of 2026, reflecting growing consumer confidence. This area includes several regions in Jakarta.
Financial market expert Reddy Okta predicts that the Indonesian Stock Price Index (IHSG) will experience calm movements with a slight upward trend next week. This comes as the market continues to consolidate following global and local influences.