IHSG Plunges 1.33% to 5,863.78 as Massive Sell-Off Triggers Broad Market Correction Despite Foreign Inflows

Jakarta, CNBC Indonesia — The Jakarta Composite Index, known locally as Indeks Harga Saham Gabungan (IHSG), experienced a sharp and significant downturn during Thursday’s trading session on October 15, 2026,…

Toyota Veloz Hybrid Export Status Remains Domestic Focused Despite High Local Production Volume

JAKARTA — Nearly a year following its highly anticipated commercial debut in the Indonesian automotive market, the electrified iteration of Toyota’s popular multi-purpose vehicle, the Toyota Veloz Hybrid, continues to…

Government Greenlights Eid al-Fitr 2021 Homecoming Despite Epidemiologists Warning of Persistent COVID-19 Transmission Risks

The official policy regarding the annual Eid al-Fitr exodus, commonly known as mudik, underwent a significant shift in March 2021 when the Indonesian government announced that citizens would be permitted…

The Rise of Funflation: Why American Consumers Keep Spending on Leisure Despite Skyrocketing Costs

The economic landscape of the United States is currently grappling with a distinct and pervasive phenomenon known as "funflation," a term that encapsulates the relentless rise in the cost of…

Kiandra Ramadhipa Shines with Impressive Racecraft in Moto3 Junior World Championship at Motorland Aragon Despite Missing Podium

Indonesian racing prodigy Kiandra Ramadhipa delivered a phenomenal performance during Race 2 of the Moto3 Junior World Championship at the iconic Motorland Aragon circuit, showcasing elite racecraft, fearless overtaking maneuvers,…

Electric Vehicle Sales Surge in Indonesia Despite Enduring Consumer Anxiety Over Battery Costs and Infrastructure

The landscape of personal transportation in Indonesia is undergoing a profound transformation, marked by a significant surge in the adoption of battery electric vehicles (BEVs) across major urban centers. Showroom…

Gold Rebounds Amid Geopolitical Tensions and Inflation Fears Despite Hawkish Fed Stance

The global bullion market has demonstrated notable resilience at the onset of the week, attempting to regain its footing after weathering a wave of aggressive monetary tightening from the United…

Gold Prices Surge Past US$4,300 Driven by Falling Oil Prices Despite Strong US Dollar and Rising Treasury Yields

The global commodities market witnessed a significant shift at the close of the final trading week, with spot gold prices rallying robustly. Investors returned to the safe-haven asset as easing…

PT Pertamina Patra Niaga Confirms Subsidized Fuel Prices Will Not Rise Through Late 2026 Despite Global Economic Volatility

Jakarta, CNBC Indonesia – State-owned energy giant PT Pertamina (Persero), operating through its commercial downstream subsidiary PT Pertamina Patra Niaga, has officially reaffirmed that the retail prices of government-subsidized fuel…

Global Coal Prices Remain Subdued Despite Surging Shipments Amid Geopolitical Tensions and Regional Demand Shifts

Jakarta, Indonesia – The global coal market is experiencing a perplexing dichotomy, with spot prices remaining stubbornly low even as international shipments recorded a significant surge in June 2026. This…

Ferrari Defies Critics as Limited Edition Luce EV Sells Out in China Despite Design Backlash and Market Skepticism

The global automotive landscape witnessed a significant pivot in the luxury electric vehicle (EV) sector as Ferrari officially introduced the Luce EV to the Chinese market, marking a high-stakes gamble…