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Bussiness | Economy

KFC in Crisis! Debt Soars to Rp3.97 Trillion, 400 Employees Laid Off

11:32, 03 Oct 2025

PT Fast Food Indonesia Tbk (FAST), the operator of KFC, continues to struggle with financial balance sheet pressures as well as operational challenges. According to its financial report, in the first half of 2025 KFC posted a loss of IDR 138.75 billion. In addition, the company’s liabilities

On Oil Refinery Development, Purbaya Confirms No Disagreements

23:38, 01 Oct 2025

Finance Minister Purbaya Yudhi Sadewa emphasized that there is no disagreement between him and the House of Representatives (DPR) regarding the oil refinery development plan. This project will be initiated by the Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia).

Neighboring Country Struggles as Huge Capital Could Flow into Indonesia

23:38, 01 Oct 2025

Malaysia is recognized as one of the emerging global data hubs, yet the neighboring country of Indonesia is now facing significant challenges. The nation has been affected by the trade tensions between the United States (US) and China, leading the US to pressure Malaysia to prevent Chin

On Cigarette Excise, Purbaya Prioritizes Economic Interests?

23:38, 01 Oct 2025

Finance Minister Purbaya Yudhi Sadewa responded to criticisms regarding his decision not to raise cigarette excise rates in 2026. Some critics argued that Purbaya is prioritizing economic growth over public health. “If addressing health could create as many jobs as wo

No Wonder Prabowo is Furious! Rp47 Trillion Worth of Indonesian Tin Smuggled to Neighboring Countries

23:38, 01 Oct 2025

The Indonesian Tin Exporters Association (AETI) revealed that tin smuggling in Indonesia has become widespread. One example is the smuggling of tin from Indonesia to Malaysia, valued at approximately IDR 45-47 trillion. AETI Chairman, Harwendro Adityo Dewanto, stated that the amount of

Breaking! Employees Earning Under Rp10 Million Tax - Free Until 2026

23:34, 01 Oct 2025

The government is finalizing the Income Tax Article 21 borne by the government (PPh DTP) incentive program through 2026 for workers in labor-intensive and tourism sectors. This was conveyed by Coordinating Minister for Economic Affairs, Airlangga Hartarto, following a meeting at Wisma Danantara, Jak

US Government Officially Shuts Down, First Time in 7 Years

23:33, 01 Oct 2025

The United States Congress failed to pass a budget before the midnight deadline, triggering the first federal government shutdown in nearly seven years — and the third under President Donald Trump. The White House Office of Management and Budget ordered federal agencies to activat

Rupiah Plunges to 16,700 per USD, Here's Purbaya's Response

13:53, 27 Sep 2025

Finance Minister Purbaya Yudhi Sadewa addressed the recent drop in the rupiah exchange rate, which briefly fell to IDR 16,700 per U.S. dollar. He believes the currency’s weakness is only temporary. “I am confident the rupiah will return to its fundamental level,” Purb

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