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Indonesia's financial hub to focus on financial, real sectors: Purbaya

Jakarta, July 20 -- The proposed Indonesian International Financial Center (PFII) will operate as a dual engine for the national economy, targeting both aggressive financial sector activities and stre... Read More


Prabowo highlights low teacher pay amid economic leakage

Jakarta, July 20 -- President Prabowo Subianto on Monday drew attention to teachers' low salaries and what he described as a long-standing economic leak that has caused Indonesia's wealth to flow over... Read More


Lampung Port for Garibaldi carrier reaches 76 percent completion: govt

Jakarta, July 20 -- Infrastructure development for Indonesia's newly acquired aircraft carrier, the Giuseppe Garibaldi, has reached 76 percent completion at Ratai Bay in Lampung, the Defense Ministry ... Read More


Indonesia cuts 250 SOEs under Danantara reform: Prabowo

Jakarta, July 20 -- President Prabowo Subianto emphasized that Danantara, Indonesia's sovereign wealth fund, has shown significant progress in restructuring state-owned enterprises (SOEs), reducing th... Read More


Prabowo praises bullion bank for managing 153 tons of gold in one year

Jakarta, July 20 -- President Prabowo Subianto praised Indonesia's bullion bank for successfully managing 153 tons of gold, valued at an estimated US$20 billion, since its launch in 2025. Speaking at... Read More


Indonesia, Chile bolster cooperation in critical minerals, healthcare

Jakarta, July 20 -- Indonesian Foreign Affairs Minister Sugiono and his Chilean counterpart Francisco Perez Mackenna discussed avenues to strengthen bilateral cooperation across several strategic sect... Read More


Prabowo orders completion of 5,000 village bridges by year-end

Jakarta, July 20 -- President Prabowo Subianto ordered the completion of 5,000 village bridges by the end of 2026, as a push for Indonesia's rural infrastructure development. "By July 2026, of the 5,... Read More


RI, China hold joint inspection of fishery products to secure exports

Jakarta, July 20 -- The Ministry of Marine Affairs and Fisheries and China's customs authority, the General Administration of Customs (GACC), are conducting a joint inspection of several Indonesian fi... Read More


Indonesia targets full B50 rollout by October

Jakarta, July 20 -- The Ministry of Energy and Mineral Resources is targeting nationwide distribution of 50 percent biodiesel fuel (B50) at all gas stations by October 1, 2026. "The target is to achi... Read More


Reliable nickel ore supply crucial for downstreaming: INDEF

Jakarta, July 20 -- The Institute for Development of Economics and Finance (INDEF) said securing a stable supply of nickel ore will be crucial to sustaining downstream smelter operations amid rising d... Read More