Indonesian economy

Indonesia’s rupiah hits record low on central bank independence worries

The rupiah slid to 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week.

Indonesia’s Prabowo nominates nephew as central bank deputy governor

Indonesian President Prabowo Subianto attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia, December 10, 2025. Alexander Zemlianichenko/Pool via REUTERS

The lure of Indonesia’s new capital Nusantara? No traffic

The Presidential Palace and Ceremonial Plaza being constructed in Nusantara.

GoTo CEO Patrick Walujo steps down amid leadership reset

GoTo Group chief executive officer Patrick Walujo will step down after two and a half years at the helm.

Indonesia’s robust growth number faces scepticism amid declining retail sales, rising jobless claims

Indonesia's economic growth in the third quarter of 2025 has not tallied with other key indicators, prompting cynicism.

Indonesia to crack down on illegal cigarettes

The officials seized 18.2 million illegal cigarettes between January and September, valued at $2.1 million, in Malang.

Chicken soup for angry souls: Prabowo’s billion-dollar stimulus soothes Indonesians after unrest

Mr Asep Dadi (left) and woven fabric seller Hery Cristiano (right) are among small business owners and workers are watching the stimulus closely.

Indonesia unveils economic stimulus package worth over $1 billion

The removal of personal income tax for certain sectors and the insurance scheme will be extended to 2026.

Indonesia reopens nickel mine in dive hot spot despite outcry

A truck loads earth containing nickel ore on Halmahera island in eastern Indonesia.

Commentary

Indonesia’s river of discontent runs deep

A protester sets fire to the gate of the regional parliament building during a protest against the government's spending priorities, such as enhanced perks for lawmakers, in Bandung, West Java province, Indonesia, September 1, 2025. REUTERS/Bilal Wibisono

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.