Economy3 min read
Indonesia's tanker crosses Hormuz as sister ship waits on risk assessment
Supertanker Gamsunoro transits the contested strait after 16 hours, but Pertamina Pride carrying vital crude remains stuck 84 days overdue.
Commodities
7
Economy4 min read
Prabowo targets beef self-sufficiency in 4 to 5 years
Prabowo pledges Indonesia will achieve beef self-sufficiency in 4-5 years as the nation tries to close a 373,100-ton annual production shortfall.
Economy4 min read
ESDM Names Two Cilacap Units Behind Java's Rolling Blackouts
Indonesia's energy ministry says faults at PLTU Cilacap units 1 and 4 cut 1,300 MW, even as a special team audits PLN's coal procurement.
Economy4 min read
Java Blackouts Challenge Reserve Margin System
Two major power units failed, triggering rolling blackouts across Java provinces for nearly two weeks, despite the system's reported 30-percent reserve margin.
Economy8 min read
Danantara's Single Export Gate: The State Takes the Pricing Pen
Indonesia routes coal, palm oil and ferroalloy exports through one state-controlled gate, gaining power over prices and foreign exchange but rattling ratings agencies.
Economy6 min read
Indonesia Diesel Prices Fall Even as Hormuz Tensions Lift Oil
Non-subsidized diesel dropped sharply in Indonesia on June 1 despite rising global crude, thanks to a lagged pricing formula; only Pertamax Turbo rose.
Economy7 min read
Hormuz Crisis Reignites, Threatening Indonesia's Fuel Prices
Fresh strikes around the Strait of Hormuz push oil prices higher, putting pressure on Indonesia's fuel subsidies, budget, and a record-weak rupiah.
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