Latest news and articles about indonesia economy from NEX English
The Indonesian province of Bangka Belitung recorded funding of <strong>456 billion rupiah</strong> in the first quarter of 2026, as part of government efforts to support small and medium enterprises. This initiative reflects the government's commitment to boosting the local economy.
The Secretary General of the Indonesian Democratic Party praised the rise in Yogyakarta's original revenue, expected to reach one trillion rupiah by 2025. This achievement aligns with the party's directives to enhance local financial stability.
The World Bank has released its projections for the Indonesian economy, estimating a growth rate of <strong>4.7%</strong> in <strong>2026</strong>, a slight decrease from previous forecasts. This comes amid various global influences impacting Indonesia's economy.
Pertamina, the Indonesian company, has facilitated 1,346 certificates for small and medium enterprises (SMEs) from January to March 2026. This initiative aims to support the local economy and enhance the competitiveness of these projects in the market.
The West Sumatra provincial government has announced the launch of a strategic investment map aimed at enhancing economic development in the region. This initiative is part of a comprehensive plan to support labor-intensive projects and improve living standards.
Authorities in Ambon, Indonesia, have announced the development of Batumerah Market into a comprehensive economic center. This initiative aims to boost commercial activity and improve living standards in the region.
The Vice Chairman of the Agriculture Committee in the South Kalimantan Parliament, H. Suribnu Smas, announced an ambitious plan to develop coconut farming in the region, covering 1,100 hectares by 2026. The project aims to boost the local economy and increase citizens' income.
Bank Syariah Indonesia (BSI) announced it has secured financing worth <strong>1.65 trillion Indonesian Rupiah</strong> by February 2026, reflecting its commitment to support the small and medium enterprises (SMEs) sector in the country.
Indonesian Minister of Cooperation, Ferry Juliantono, confirmed that Islamic finance and the real sector will mutually grow, emphasizing the importance of enhancing financial literacy in rural areas. This statement was made during the closing of the 'Ramadan Celebration for Islamic Finance 2026' in Jakarta.
Indonesian Investment Minister Rosan Roeslani announced that President Joko Widodo's visit to Japan and South Korea significantly enhanced global investor confidence in Indonesia. The visit included meetings with top business leaders and yielded positive investment outcomes.
Southern Sumatra in Indonesia reported a monthly inflation rate of <strong>0.29%</strong> for March 2026, highlighting the economic challenges faced by the region. This price increase comes at a sensitive time requiring close monitoring by relevant authorities.
Wijaya Karya (WEGE) has announced a new contract valued at <strong>464.67 billion Indonesian Rupiah</strong>, which includes various projects such as schools and health facilities. This announcement comes as the company aims to achieve its objectives amid unstable economic conditions.
Official data from the Central Statistics Office in Jakarta reveals that the city's inflation rate reached <strong>0.51%</strong> in March 2026, driven by rising food and beverage prices. The food and beverage group recorded the largest increase, significantly impacting the inflation rate.
On Tuesday morning, the value of the Indonesian Rupiah saw a slight increase of 15 points, reaching <strong>16,987 Rupiah</strong> against the US dollar, compared to Monday's close of <strong>17,002 Rupiah</strong>. This improvement reflects relative stability in the currency market amid notable changes in the Indonesian economy.
The Indonesian Businessmen Association (APINDO) emphasized the need for balanced economic policies targeting both supply and demand to tackle global economic and geopolitical challenges. This statement was made by the association's president, Shinta W. Kamdani, during a press conference in Jakarta.
Data from Jakarta's statistics agency reveals that the city's exports in February 2026 reached <strong>$1.35 billion</strong>, marking a <strong>10.55%</strong> decrease compared to the same month last year. This decline is attributed to a drop in non-oil sector exports.
Jakarta has recorded a significant increase in the annual inflation rate, reaching 3.37% in March 2026, compared to 1.02% in the same month last year. This rise is attributed to the end of electricity price reductions for consumers.
The Indonesian Central Statistics Office reported a decline in gold prices in March 2026, marking the first decrease after 30 consecutive months of inflation. The contraction rate was recorded at 1.17%, which impacted the overall inflation rate.
The Jakarta population office reported the arrival of <strong>1000 new migrants</strong> between March 25 and 30, 2026, indicating a continued influx into the Indonesian capital. Officials note that this figure represents a decline compared to previous years.
The Indonesian rupiah experienced a notable increase of 55 points today, reaching 16,986 rupiah against the US dollar. This rise reflects market optimism regarding a de-escalation of military tensions between the United States and Iran.