Indonesia Faces Budget Pressure as Rupiah Falls and Crude Prices Climb
The rupiah weakened on Tuesday (5 May 2026), even as Indonesias statistics agency reported economic growth of 5.61 per cent.
The rupiah weakened on Tuesday (5 May 2026), even as Indonesias statistics agency reported economic growth of 5.61 per cent.
It will expand operations to the Greater Jakarta, after first introduced to the public in 2020.
These positive achievements in the fourth quarter finally pushed the realization of economic growth of 3.69 percent in 2021.
Through this linkage, consumers in both countries will be able to make retail payments by scanning the QRIS (Quick Response Code Indonesian Standard)or DuitNow QR codes provided by offline and online merchants.
The allocation of PEN fund has been decided, and it doesnt include the development of new capital.
The acquisition is a crucial step for the company to further serve their customers in finding properties.
The funding will help the company to further support national fishers and farmers through the advancement of its platform, digital products, and technology.
LandX currently has more than 73,042 investors and 27 companies registered in the platform.
The idea of RCEP was first introduced during Indonesias Asean chairmanship in 2011. After ongoing negotiations, it was signed in November 2020 during the virtual Asean summit.
Increased per capita income, controlled open unemployment rate, and the considerably maintained fluctuation in poverty at village level are among some of the factors taken into account by the Ministry.
The free trade agreement (FTA) between Asean member states and its partner states, which will take effect on January 1 next year, has the potential to result in successful cooperation between states, thus providing abundant benefits.
Led by Tybourne Capital Management, Horizons Ventures, Kunlun, B Capital, and new investor Falcon Edge Capital, the Series C funding gave the company a valuation of more than US$1 billion.
Jakartans' household consumption has boosted regional output in the Java region by 21 percent; Bali and Nusa Tenggara regions, seven percent; Kalimantan region, six percent; Sumatra region, five percent; and Sulawesi and Papua regions, four percent
Bank Fama agreed to divest 93 percent of its shares to one of Emtek groups business units PT Elang Media Visitama (EMV).
The minister noted that Indonesias exports in 2021 will be the highest since 2011 when the countrys exports were recorded at US$203.5 billion
In the first, second, and third quarters, economic growth was recorded at -0.74 percent, 7.1 percent, and 3.5 percent, respectively, he noted. It is estimated to reach 3.54 percent in the fourth quarter
Daily transaction made by SMEs increased by up to 70 percent in 2021.
The Indonesian government aims to avoid future issues with budget state triggered by the pandemic handling by working on fiscal stabilization.
Edutech startup Cakap has secured US$10 million in a Series B funding, which was co-led by Centauri Fund MDI Ventures and Heritas Capital.
Ministry of Trade has issued new regulations that seek to simplify the process to obtain export and import licenses for businesses.