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BI says forex reserves remain adequate despite decline

Jakarta, May 18 -- Bank Indonesia (BI) has assured that its foreign exchange reserves remain at an adequate level, despite declining since early 2026 due to intensified market intervention to stabiliz... Read More


Over 1,000 Red-White Village Co-ops begin operations: minister

Jakarta, May 18 -- Minister of Cooperatives Ferry Juliantono stated that a total of 1,061 Red and White Village Cooperatives (KDMP) in East Java and Central Java have begun operations and are set to a... Read More


Indonesia to celebrate Eid Al-Adha on May 27

Jakarta, May 18 -- Indonesia's Ministry of Religious Affairs announced that Eid al-Adha 2026, observed on the tenth day of Dhu al-Hijjah-the final month of the Islamic calendar-will fall on May 27. "... Read More


Indonesia steps up bond market intervention to stabilize rupiah

Jakarta, May 18 -- The Indonesian government is open to deploying various instruments to stabilize the rupiah's exchange rate, Finance Minister Purbaya Yudhi Sadewa affirmed, placing emphasis on great... Read More


Police build 22 meal kitchens in East Nusa Tenggara

Kupang, May 18 -- Indonesia's National Police have prepared 22 kitchens in East Nusa Tenggara to support the government's Free Nutritious Meals program aimed at improving nutrition and public health, ... Read More


Indonesian economist urges BI to take more hawkish rupiah action

Jakarta, May 18 -- Bank Indonesia (BI) needs to consider taking more hawkish and preemptive measures to ease mounting pressures on the rupiah's exchange rate, according to Trimegah Sekuritas Indonesia... Read More


Indonesia launches Safe Migrants Movement to protect workers

Jakarta, May 18 -- The Ministry for the Protection of Indonesian Migrant Workers (KP2MI), together with the Presidential Staff Office and the Ministry of Immigration and Corrections, has launched the ... Read More


IDX urges calm after sharp Jakarta Composite Index correction

Jakarta, May 18 -- Indonesia Stock Exchange (IDX) Acting President Director Jeffrey Hendrik assuaged concerns as the Jakarta Composite Index faced a significant correction on Monday's trading, urging ... Read More


RI Govt cracks down on phone scams, blocks 3,000 fraudulent numbers

Jakarta, May 18 -- Indonesia's Ministry of Communications and Digital Affairs has blocked 3,000 phone numbers tied to scam calls impersonating lawmakers and public officials. Minister of Communicatio... Read More


Indonesia moves to expand forestry carbon trading

Jakarta, May 18 -- Indonesia, forestry companies and carbon standards agency Verra are accelerating integrated carbon trading in the forestry sector following the issuance of Ministerial Regulation P.... Read More