Economy
Hormuz Crisis Sends Oil Toward $110, Noorsy Warns Indonesia Faces Economic Shock
- calendar_month Sunday, 13 Sep 2026
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Economist Ichsanuddin Noorsy warns that Indonesia’s heavy dependence on imported oil could trigger higher prices, inflation, fiscal pressure, rising dollar demand, debt burdens and potential layoffs JAKARTA — Escalating tensions around the Strait of Hormuz and the Bab el-Mandeb are sending fresh shockwaves through global energy markets, with crude oil prices climbing above US$100 per […]
NCPI–InvestHK Open New Gateway for Indonesian Businesses to Expand Across Asia
- calendar_month Friday, 28 Agt 2026
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The “Hong Kong Where Business Goes to Grow” forum in Badung highlights Hong Kong’s strategic role as a gateway to Mainland China, Asia and global markets. BADUNG, BALI — The Indonesian Tourism Nawa Cita Association (NCPI) and Invest Hong Kong (InvestHK) have strengthened business ties between Indonesia and Hong Kong through the Hong Kong Where […]
Finance Minister Says IKN Is Too Quiet, Bali Emerges as Strong Contender for Indonesia’s International Financial Center
- calendar_month Thursday, 2 Jul 2026
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JAKARTA – The Indonesian government is continuing discussions on the establishment of an International Financial Center (IFC) as part of its broader strategy to strengthen the country’s position as a global investment destination. Finance Minister Purbaya Yudhi Sadewa indicated that the new capital city, Nusantara (IKN) in East Kalimantan, is unlikely to become the location […]
