Indonesian economy

House leaders in Indonesia meet student protesters in rally against fuel prices, free meals

Protesters with posters of Indonesian President Prabowo Subianto and Vice-President Gibran Rakabuming Raka outside the provincial parliament building in Surabaya on June 19.

Indonesia’s blanket fuel subsidies favour the rich, say economists, urging targeted aid

A man sits on his motorbike in front of a fuel station of Indonesian state firm Pertamina, as it has raised the price of its 92-octane gasoline, known as Pertamax and 95-octane gasoline, known as Pertamax Green, by around 32%, in Jakarta, Indonesia, June 10, 2026. REUTERS/Willy Kurniawan

Indonesia taps insider Jeffrey Hendrik to revive world’s worst stock market

MSCI's warning of a potential downgrade in late January triggered a market rout, resignations of key market officials and a series of market reforms.

Indonesia central bank raises policy rates again to support rupiah

The central bank has now hiked its policy rates by a total of 100 basis points in three moves over the past four weeks.

Indonesian economy comes up for air but struggles to win back investors

The rupiah has plummeted, hitting successive record lows and dropping below 18,100 rupiah to the US dollar this week.

A few hundred protesters turned up with the size of the crowd increasing as evening drew near.

Joint security personnel, including 500 soldiers, will help manage the planned protest.

Shock at the pump: Indonesia’s Pertamax price hike fuels cost worries for middle class

State-owned energy company Pertamina raised the price of its 92-octane petrol on June 10 to 16,250 rupiah (S$1.16) per litre.

Rupiah recovers against Sing$, but analysts say relief may be short-lived

The rupiah, which sank to an all-time low of about 14,135 per Singdollar on June 9, strengthened to around 13,950 per Singdollar on June 11.

Indonesia’s weakening markets and economy have a personality problem – Prabowo’s

Indonesian President Prabowo Subianto needs to assure markets that entrepreneurs and experts, not his old-boy herd, will control the commanding heights of the country's economy, says the writer.

As Prabowo falters, Indonesia’s political heavyweights smell an opening

epa12886782 People walk as stock prices are displayed on the LCD board at the Indonesian stock exchange building in Jakarta, Indonesia, 13 April 2026. The Composite Stock Price Index (IHSG) managed to close the morning trading session in the green zone after weakening at the opening of trading amid tension in the Middle East following failed US-Iran talks. EPA/MAST IRHAM

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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.