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Prabowo Subianto Moves Closer to Donald Trump-Is Indonesia Gaining or Being Used?

14:37, 22 Apr 2026

One of the defining features of Indonesia’s foreign policy under President Prabowo Subianto is its growing closeness to the United States. Several agreements have been reached between the two countries, although not all have been positively received. In one instance, Prabowo, dres

Purbaya Yudhi Sadewa Says Indonesia Will Break the 5% Growth 'Curse'-Whatâ€™s Driving It?

14:37, 22 Apr 2026

Finance Minister Purbaya Yudhi Sadewa expressed confidence that Indonesia is on the verge of escaping the long-standing “5% growth trap” that has persisted for about a decade, with stronger economic expansion expected going forward. “Our latest economic growth figure r

Hormuz Strait Closure Threatens 1 Billion Barrels of Oil-Global Impact Ahead?

14:37, 22 Apr 2026

The global oil market is estimated to have lost at least 1 billion barrels due to the conflict in Iran. Vitol CEO Russell Hardy stated that not only crude oil but also refined products have been affected by the ongoing tensions in the Middle East. The head of Vitol since 2018 explained

Donald Trump Pressure Fails as Iran Tightens Hormuz Strait Control-Global Impact Looms

16:49, 20 Apr 2026

Iran has reiterated its threat to restrict vessels passing through the Strait of Hormuz as long as the United States continues its blockade of Iranian ports. The statement comes as mediators attempt to extend the ceasefire that is scheduled to expire next Wednesday. The mutual blockade

Middle Class Powers Indonesia's Economy-How Crucial Is Their Role Today?

09:20, 17 Apr 2026

Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, stated that the middle class serves as the backbone of Indonesia’s economy. The government continues to pursue various efforts to ensure the availability of job opportunities for this group. &nbs

Indonesia's External Debt Hits Rp7,488 Trillion-What It Means for the Economy

15:19, 16 Apr 2026

Bank Indonesia (BI) reported that Indonesia’s External Debt (ED) reached US$437.9 billion in February 2026, equivalent to Rp7,488 trillion based on an exchange rate of Rp17,100. This figure increased compared to the previous month’s position of US$434.9 billion. On an annual basis, Indon

The Middle Class: The Overlooked Backbone Driving Indonesiaâ€™s Economy

15:19, 16 Apr 2026

The Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, stated that the middle class serves as a crucial backbone of Indonesia’s economy. The government continues to implement various measures to ensure the availability of job opportunities for this group. This e

Purbaya Yudhi Sadewa Says World Bank & S&P Global Now Understand Indonesia's Government-What It Means

15:19, 16 Apr 2026

Finance Minister Purbaya Yudhi Sadewa stated that the World Bank and credit rating agency S&P Global Ratings have responded positively to Indonesia’s fiscal and economic strategies under President Prabowo Subianto’s administration. This statement was delivered after Purb

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