Members of the Women's Alliance of Indonesia gathered in Jakarta to demonstrate against rising fuel prices and the government's Free Nutritious Meals program. Protesters expressed concerns over the economic impact of fuel costs on households and questioned the implementation and budget allocation of the new national feeding initiative.
The Indonesian government has introduced a transport fare stimulus package aimed at stimulating economic activity during upcoming holiday periods. The initiative focuses on reducing travel costs across various modes of public transportation to encourage domestic tourism and support local businesses during peak travel seasons.
Indonesia's sovereign wealth fund, BPI Danantara, has successfully raised US$1.5 billion through an international bond issuance. The offering attracted significant interest from global investors, marking a key milestone in the fund's strategy to diversify its capital base and support national infrastructure and strategic investment projects.
The 46th Bali Arts Festival has officially opened in Denpasar, Indonesia. The month-long celebration, held at the Bali Arts Center, features traditional parades, performances, and exhibitions aimed at preserving Balinese culture. This year's event highlights the theme 'Jana Kerthi', emphasizing the importance of human potential in cultural development.
Indonesia Energy Corporation has announced that it remains on track to commence drilling operations at the K-29 well in South Sumatra by late June. The company confirmed that all necessary safety inspections have been successfully completed, clearing the way for the upcoming development phase in the region.
In an unscheduled policy move, Bank Indonesia has raised its benchmark interest rate by 25 basis points to 5.5 percent. The central bank took this decisive action to stabilize the Indonesian rupiah amid global economic pressures and currency volatility, aiming to maintain domestic monetary stability and curb inflationary risks.
Indonesian President Prabowo Subianto visited a school in Bali to underscore his administration's commitment to education reform. During the visit, the President emphasized that improving the quality of education is a vital component of his strategy to enhance national welfare and human resource development across Indonesia.
Mount Lewotobi Laki-Laki, a volcano in Indonesia's East Flores region, has erupted multiple times, sending thick ash columns into the atmosphere. The volcanic activity has prompted authorities to raise alert levels and forced the temporary closure of Frans Seda Airport to ensure passenger safety amid hazardous flying conditions caused by volcanic ash.
Indonesia's upstream oil and gas regulator, SKK Migas, has announced its production targets for 2026. The strategy aims to boost national energy output through intensified exploration and the optimization of existing fields, as the country seeks to enhance energy security and meet rising domestic demand.
Indonesia has officially joined the '50-in-5' campaign, a global initiative aimed at helping 50 countries build, implement, and scale digital public infrastructure (DPI) within five years. The move underscores Indonesia's commitment to advancing its digital identity and payment systems to foster inclusive economic growth and improve public service delivery.
Bali continues to be the primary engine of Indonesia's tourism sector, contributing 55 percent of the nation's total tourism foreign exchange earnings in 2025. Governor Wayan Koster highlighted the island's enduring significance to the national economy as international visitor numbers remain robust.
The 21st Indonesia Travel Fair returns to Jakarta, aiming to accelerate the recovery of the nation's tourism, aviation, and health tourism industries. The event brings together industry stakeholders to offer travel deals and promote domestic and international destinations, playing a pivotal role in the ongoing revitalization of Indonesia's travel ecosystem.
Indonesia Energy Corporation (IEC) has successfully completed the mobilization of a drilling rig to the K-29 well site within its Kruh Block. This milestone marks a significant advancement in the company's 2026 drilling program, aimed at expanding production capabilities in Indonesia's oil and gas sector.
Indonesia and Fuzhou, China, have formalized a partnership through the signing of 11 strategic cooperation projects. The agreements focus on key growth sectors including artificial intelligence, electric vehicles, and healthcare, aiming to strengthen bilateral economic relations and foster technological exchange between the two regions.
The Indonesian government has introduced exemptions to its foreign exchange proceeds policy for natural resource exports. Under the updated regulations, exporters dealing with specific partner countries, including the United States, may be granted relief from certain mandatory holding requirements for export earnings, aiming to balance economic stability with trade flexibility.
Coordinating Economic Minister Airlangga Hartarto has highlighted the potential of the ASEAN Digital Economy Framework Agreement (DEFA) to significantly accelerate Indonesia's digital growth, with projections estimating the nation's digital economy could reach US$600 billion by 2030 through regional integration and standardized digital trade policies.
Indonesian officials have confirmed that the nation will proceed with planned Russian oil imports. Despite the expiration of specific U.S. sanctions relief measures, Jakarta maintains its commitment to securing energy supplies to meet domestic demand, emphasizing a pragmatic approach to international trade and energy security in the current global economic environment.
Russian oil and gas company Zarubezhneft is set to resume development of the Tuna Block in Indonesia this June. The project, located in the Natuna Sea, faced previous delays but remains a key focus for offshore energy exploration. The resumption marks a significant step forward for the joint venture's efforts to bring the field into production.
Indonesia and South Korea have launched a strategic partnership to upgrade Indonesia's national 112 emergency call system. By leveraging South Korea's advanced emergency response technology, the initiative aims to improve service integration, reduce response times, and enhance public safety infrastructure across the Indonesian archipelago.
Indonesia's sovereign wealth fund, Danantara, has signed agreements with regional governments to develop waste-to-energy plants across six locations. This initiative aims to address waste management challenges while generating renewable energy, marking a significant step in the nation's commitment to sustainable infrastructure and environmental management.
