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…