Indonesia’s Super-Luxury Property Tax Policy Sparks Industry Concerns Amidst Economic Headwinds
A new policy imposing a five percent Income Tax (PPh) on super-luxury properties, effective June 1, 2015, has drawn sharp criticism from key stakeholders in Indonesia’s housing sector, notably developers.…
Indonesian State Banks Maintain Deposit Rates Amidst Rising BI-Rate and Global Economic Headwinds in July 2026
Entering early July 2026, bank deposits continue to stand as a cornerstone investment instrument for individuals prioritizing security and predictable returns, particularly amidst a global economic landscape increasingly defined by…
Indonesia’s Consumer Confidence Plummets to Seven-Month Low Amid Economic Headwinds and Middle-Class Squeeze
Indonesia’s Consumer Confidence Index (CCI) experienced a significant downturn in May 2026, dropping to 120.9, marking its lowest point in seven months since September 2025, when widespread protests across the…
Bank Maluku Malut Navigates Economic Headwinds with Robust Growth, Strategic Support for Government Programs, and Proactive UMKM Financing Initiatives
Jakarta, CNBC Indonesia – Syahrisal Imbar, President Director of Bank Maluku Malut, has affirmed the regional development bank’s (BPD) steadfast commitment to driving business growth amidst a complex economic landscape…
DPR Convenes High-Level Economic Summit with Ministry of Finance and Bank Indonesia to Fortify Rupiah Stability Amidst Global Headwinds
In a critical move to bolster Indonesia’s economic resilience, the House of Representatives (DPR RI) hosted a pivotal meeting on Saturday, June 6, 2026, bringing together key figures from the…
Indonesia’s Super-Luxury Property Tax Policy Sparks Industry Outcry Amidst Economic Headwinds
Indonesia’s property sector braced for significant headwinds following the government’s decision to implement a new five percent income tax (PPh) on "super-luxury" properties, effective June 1, 2015. This policy, which…
Indonesia’s Government Navigates Delicate Balance in Airline Fare Adjustments Amid Global Economic Headwinds and Geopolitical Tensions
JAKARTA, REPUBLIKA.CO.ID – The Indonesian government is meticulously evaluating potential adjustments to the upper limits of airline tariffs, a move necessitated by persistent global economic volatility and escalating geopolitical tensions,…
Global Coal Market Navigates Immediate Headwinds Amidst Looming ‘Super El Niño’ Threat
The global thermal coal market experienced a slight retreat on Tuesday, May 13, 2026, with June futures contracts closing at US$135.8 per ton, marking a modest 0.44% decline. This dip…
Indonesia Confident of Capital Inflow Reversal Amid Global Headwinds and Domestic Reforms
Jakarta, Indonesia – Despite a prevailing trend of capital outflow from its financial markets, Indonesia’s financial authorities remain steadfastly optimistic about a forthcoming reversal. Friderica Widyasari Dewi, Chair of the…
Indonesia’s Finance Minister Purbaya Yudhi Sadewa Unveils ‘Survival Mode’ Economic Strategy Amidst Global Headwinds
JAKARTA – Minister of Finance Purbaya Yudhi Sadewa has articulated a robust "survival mode" economic strategy, which the Indonesian government is currently implementing to navigate the turbulent waters of global…
Indonesia’s New Luxury Property Tax Sparks Developer Outcry Amidst Economic Headwinds and Market Uncertainty
A contentious new policy imposing a five percent Income Tax (PPh) on super-luxury properties, effective June 1, 2015, has ignited significant concern and criticism within Indonesia’s real estate sector. The…
















