Regional heads are expected to be more creative in exploring new sources of regional revenue (PAD) to cover deficits caused by reduced transfers from the central government.
Curated key events that the business universe needs to know to kick off the day.
Amid global uncertainty and signs of a domestic economic slowdown, Indonesia’s Financial Services Authority (OJK) remains optimistic that the banking sector will maintain stable performance.
No one would have expected that the performers on stage were top bankers in Indonesia who transformed into characters in a play titled the Financial Ketoprak *“Prince Samber Nyowo.”*
Curation of the most important events that the business world needs to know to start the day.
The significant reduction in regional transfer fund (TKD) allocations in the 2026 State Budget (RAPBN 2026) becomes an opportunity for local governments to achieve fiscal independence.
In the 2026 Draft State Budget Bill (RUU APBN 2026), the government allocated IDR 37.5 trillion for the development of New Renewable Energy.
The vigorous downstreaming of the mining sector has successfully attracted investment, created jobs, and ultimately boosted economic growth.
The government has set a tax revenue target in the Draft State Budget (APBN) 2026 at IDR 2,357.7 trillion, an increase of 13.5% from the 2025 tax revenue outlook of IDR 2,076.9 trillion.
Rice prices in Indonesia continue to climb, reaching the highest level in history. According to data from the National Food Agency (Bapanas), the price of premium rice has now reached Rp15,622 per kilogram, while medium rice stands at Rp13,860 per kilogram.
Amid limited fiscal space, the president wants to immediately accelerate the fulfillment of promises through eight priority agendas and a 5.4% economic growth target.
The government’s decision to declare a collective leave on Monday, Aug 18, created a long weekend following the Independence Day celebration on Sunday, Aug 17. Indonesia’s 80th Independence Day commemoration became a moment for various outlets to attract visitors with discounts and special promos.
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