Indonesia Central Bank in Market as Rupiah Nears Record Low
Indonesia’s central bank said it is intervening in the foreign exchange markets as the rupiah moves closer to a historic low on persistent fiscal concerns, Bloomberg reported. The rupiah is about 0.5% away from a record low it last hit in April as worries over the nation’s fiscal health resurfaced.
Indonesia, China Sign $2 Billion Deal Spanning Metals, Batteries, Drones and AI
Indonesia and China have agreed on 16 new investment projects worth a combined USD 2.19 billion, spanning sectors from basic metals and seafood processing to advanced technologies such as drones, batteries and artificial intelligence, Jakarta Globe reported.
Indonesia Struggles to Reignite Loan Growth Despite Deep Monetary Easing
Loan growth in Indonesia is expected to remain subdued despite ample bank liquidity and deep rate cuts, as cautious borrowers and policy uncertainty continue to weigh on the credit cycle, Business Times reported.
Singapore Urged to Expand Johor SEZ to Indonesia to Deepen Asean Integration
A special economic zone between Singapore and the Malaysian state of Johor should include Indonesia’s Riau Islands to ramp up the region’s allure to global investors, SCMP reported, citing the Singapore Business Federation and PwC Singapore.
Indonesia Scraps Plan to Introduce B50 Biodiesel This Year, Will Raise Palm Oil Export Levy
Indonesia has scrapped plans for a mandatory B50 grade of palm oil-based diesel this year and will stick with B40 owing to technical and funding concerns, easing concerns over strains on global palm oil supplies, Reuters reported.
Indonesia Tech Funding Down 38% in 2025 As Investors Turn Selective
Indonesia’s technology ecosystem suffered a sharp pullback in funding in 2025, underscoring a deeper structural retreat of capital as investors grew increasingly selective about new deployments, Business Times reported, citing a report by market intelligence firm Tracxn.