Indonesia
COMMENT: Iran war shows why Asia must quit fossil fuels
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
Indonesia's Prabowo faces a reality check
When Prabowo Subianto took the oath of president of Indonesia, he promised a golden era of stability, robust state-led growth, and the arrival of Indonesia on the global superpower stage.
Bank Indonesia rate projected to hold at 5.5%
Over a brief three-week window, BI abandoned its traditional, highly predictable monthly schedule to unleash a dual-stage interest rate surge.
Malaysia's ringgit under pressure as Fed outlook, Middle East diplomacy unsettle markets
This local depreciation is not an isolated event, as the Malaysian currency has traded lower against a comprehensive basket of major global and regional peers.
Asia welcomes Iran-US breakthrough, but caution remains
The tentative peace agreement between the United States and Iran has been greeted with a mixture of relief and caution across much of East and Southeast Asia, a region that has borne more than its fair share of the economic fallout of late.
China issues $50bn warning to Indonesia, slamming nickel production cuts
China has issued a multi-billion-dollar warning to the Indonesian government amidst the economic escalation across the global electric vehicle supply chain
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.
Indonesian rupiah back under the IDR18,000 per dollar threshold
After collapsing to its weakest historical evaluation of IDR18,190 per US dollar on the morning of June 8, a powerful wave of institutional dollar-selling triggered a massive short squeeze on speculative positions.
Indonesian navy seizes trillions in rare earth cargo off Batam
Following the seizure, military and energy ministry scientists launched an emergency chemical audit of the seized containers.
Philippines quake leaves at least 15 dead and 129 injured
Several countries across the region, including the Philippines, Indonesia and Japan, issued tsunami warnings following the quake, although most have since been lifted.
Global funds trigger "Sell Indonesia" shockwave, enforcing 36% IDX composite repricing
Data from the Indonesia Stock Exchange reveals that the Composite Stock Price Index or Indeks Harga Saham Gabungan has plunged more than 36% from its historical peak.
M7.8 Philippines earthquake triggers tsunami warning across Asia
The tremor struck at 7:37 am at a depth of 33 km, with its epicentre located 32 km south of Maasim.
Indonesian rupiah drops to historic low of IDR18,000 per US dollar
The Indonesian Rupiah has entered highly volatile territory, dropping to its weakest historical valuation on record as the currency broke through its psychological support wall to cross the IDR18,000 per US dollar mark.
South China Sea tensions drive a quiet realignment against Beijing
The Philippines is not alone as other countries bordering the South China Sea are also starting to push back. Surprisingly given shared Communist ideals is Vietnam, which has become one of the region's most active challengers of Chinese claims.
Asia’s EV race speeds up as China’s champions challenge Tesla
As of mid-2026, China remains the centre of gravity in the EV world.
Malaysia enforces under-16 social media ban
Moving to curb digital harms, the federal government, on June 1, officially began enforcing a blanket prohibition barring children under the age of 16 from creating or operating independent social media accounts.
Indonesian employers' association, mining cartels yield to country’s $66bn export monopoly
In a political concession to the state’s economic centralisation agenda, Indonesia’s powerful business consortia have announced their support for President Prabowo Subianto's newly launched export monopoly.
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Gulf War III squeezes tourism-dependent economies across Southeast Asia
War-driven fuel costs and ceasefire uncertainty are squeezing tourism across Southeast Asia, with Thailand's Middle Eastern arrivals down 57% and airlines raising surcharges sharply.
Indonesia bets on resource nationalism to plug fiscal gaps
Mineral export bans and upcoming windfall taxes have become the country’s overarching strategy - one that is increasingly running up against regulatory bottlenecks, illegal capital leakages, and local governance deficits.
Asia’s coal comeback complicates energy transition across region
Taiwan has struggled to secure LNG supplies through May and finalised contracts covering roughly half of June demand, but additional procurement costs are expected to reach into the billions of US dollars to complete.