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Oil Prices Surge After Fresh U.S. Strikes on Iran Spark Supply Fears

14:08, 18 Jul 2026

WASHINGTON/DUBAI — The latest exchange of fire between the United States and Iran is turning a dispute over military deterrence and maritime access into a wider threat to the Gulf’s essential infrastructure. US Central Command said it launched a new round of strikes at 3 p.m. Eastern

Purbaya Sees Profit Potential for Merah Putih Village Cooperatives in Subsidized Goods

15:48, 17 Jul 2026

YOGYAKARTA — Indonesia is positioning its Red and White Village and Urban Cooperatives as the primary distribution channel for government-subsidized goods, giving the nationwide program a potentially dependable source of revenue. Finance Minister Purbaya Yudhi Sadewa said the cabi

720,000 Americans Stop Looking for Work: What's Behind the Sudden Labor Market Shift?

16:32, 03 Jul 2026

U.S. Labor Force Participation Falls to Nearly Five-Decade Low, Raising Fresh Concerns Over Employment Trends The U.S. labor market has come under renewed scrutiny after fresh government data revealed a sharp decline in labor force participation, suggesting that underlying employment conditions m

Tokopedia Layoffs Draw Attention as E-Commerce Association Responds

16:32, 03 Jul 2026

Tokopedia Reportedly Undergoes Major Workforce Restructuring as E-Commerce Industry Continues to Evolve Indonesia's e-commerce sector is closely watching reports that Tokopedia has carried out a significant workforce restructuring as the company continues integrating its operations under Byte

Indonesia's Trade Balance Is in Deficit-What Impact Will This Have on the Rupiah? Check Out the Latest Analysis

16:32, 03 Jul 2026

Trade Deficit and Rupiah Stability in Focus as Foreign Capital Becomes Key to Market Recovery Indonesia recorded a trade deficit of US$1.61 billion in May 2026, marking the country's first monthly deficit after 72 consecutive months of trade surpluses. The reversal highlights a shift in the c

Indonesia Launches B50 Fuel in July 2026: What's the Price and What Does It Mean?

11:21, 29 Jun 2026

Indonesia's Ministry of Energy and Mineral Resources (ESDM) is targeting the official launch of B50 biodiesel in July 2026. The fuel, which consists of a blend of 50% diesel and 50% palm oil-based biodiesel, is scheduled to be introduced directly by the President. Laode Sulaeman, Di

Purbaya Plans Rp75-100 Trillion Capital Injection into State-Owned Banks, What Could It Mean?

11:21, 29 Jun 2026

The Indonesian government plans to inject additional funding into state-owned banks, ranging from Rp75 trillion to Rp100 trillion. Finance Minister Purbaya Yudhi Sadewa explained that the initiative will be carried out by reallocating idle government funds currently held at Bank Indonesia through th

Prabowo Targets Major SOE Restructuring, Reducing the Number of State Firms to Around

11:21, 29 Jun 2026

President Prabowo Subianto has set a target to complete a major restructuring of Indonesia’s state-owned enterprises (SOEs) within this year. The initiative is intended to improve operational efficiency while reducing the fiscal burden that these companies have placed on the government. &nb

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