Economy

Bali Fuel Queues Spread, Pertamina CEO Apologizes
Long fuel queues snaked through Pertamina-branded gas stations (SPBU) across Bali — Denpasar, Badung, Tabanan, Klungkung, Gianyar, Buleleng, and Bangli — from Monday, October 12, 2026; subsidized Pertalite was reported empty at several points.

Indonesian Unions Propose 7.5–9.5% Minimum Wage Hike for 2027
The Indonesian Trade Union Confederation (KSPI) and the Labor Party proposed a 2027 minimum wage increase of 7.5 to 9.5 percent. The proposal was announced by KSPI and Labor Party president Said Iqbal in an online press conference on Tuesday (10/13/2026).

Indonesia's 2027 Hajj Cost Set at Rp98.47 Million
The 1448 Hijriah/2027 Hajj organizing cost (BPIH) was agreed at an average of Rp98,466,463.35 per pilgrim.

Indonesia Ends EV Import Incentives in 2026, Eyes Local Production
Indonesia will not extend import incentives for fully built-up (CBU) electric cars from January 1, 2026 (Industry Minister Agus Gumiwang Kartasasmita).

How to Check the Official Antam Gold Price Today
Antam's gold bar price on October 14, 2026 held at Rp2,574,000 per gram, unchanged after falling Rp20,000 on Tuesday.

Beginner's Guide to Gold Investing 2026: Start at Rp500
Digital gold can be bought from Rp500 (Tokopedia Emas, Shopee Emas), Rp1,000 (GoInvestasi), Rp5,000 (Pegadaian Digital, Pluang), up to Rp10,000 per transaction.

Antam Gold Price 14 October 2026 Flat at Rp2,574,000 per Gram
Antam's 1-gram Logam Mulia gold bar was unchanged at Rp2,574,000 per gram on Wednesday (14/10/2026).

What Is Alternative Credit Scoring? OJK Pushes It for MSMEs
OJK is promoting alternative credit scoring to widen financing access for MSMEs (UMKM).

Fuel Prices 14 October 2026: All Stable, Pertalite Still Rp10,000
All Pertamina and private-operator fuel prices were unchanged as of 14 October 2026, holding since the last adjustment on 2 September 2026.

Labor Unions Propose 7.5-9.5% Minimum Wage Hike for 2027
The Indonesian Trade Union Confederation (KSPI) and the Labor Party have proposed raising the 2027 minimum wage by 7.5 to 9.5 percent. The proposal was announced by KSPI and Labor Party president Said Iqbal at an online press conference on Tuesday (10/13/2026).

How to Check the Dollar-Rupiah Rate: Rp17,930 Today
Bank Indonesia's JISDOR reference rate on October 14, 2026 was Rp17,930 per US dollar; live TradingView data showed Rp17,925.0 at 09:30 WIB.

Jakarta 2026 Minimum Wage Rp5,729,876, Up 6.17% from January
Jakarta Governor Pramono Anung set the 2026 Jakarta Provincial Minimum Wage (UMP) at Rp5,729,876 per month, announced 24 December 2025 and effective 1 January 2026.

Rupiah Rate 14 October 2026 Weakens to Rp17,913 per US Dollar
The rupiah opened 12 points (0.07%) weaker at Rp17,913 per US dollar at 09:05 WIB in the spot market, per Bloomberg data.

How to Register for the MyPertamina Fuel QR Code 2026
Pertamina requires a QR code/barcode to buy subsidized Pertalite and Solar fuels at gas stations, issued after registering in the Subsidi Tepat program via MyPertamina or official channels.

JCI Tests 6,000 Level, Morning Session Up 0.78% to 5,972
The JCI rose 0.78% to 5,972.453 in Wednesday's (14/10/2026) morning session at 11:40 WIB, after opening 0.25% higher at 5,940.68.

Minyakita Above Price Ceiling, Pekanbaru Readies Market Operations
The government's ceiling price (HET) for Minyakita cooking oil is Rp15,700 per liter, but retail prices exceed it in several regions.

September 2026 Inflation Rises to 3.28%, Chilies Main Driver
Statistics Indonesia (BPS) recorded September 2026 inflation at 0.30% month-to-month; the CPI rose from 111.97 in August to 112.31.

Ajaib Raises Rp4.3 Trillion from Japan's SBI Holdings
Indonesian investment platform Ajaib raised US$270 million in Series C funding from Japan's SBI Holdings.

BI Holds Rate at 5.75%, Economists: The Right Call
Bank Indonesia held the BI-Rate at 5.75%, the Deposit Facility rate at 4.75%, and the Lending Facility rate at 6.50% at its 22-23 September 2026 board meeting.

QRIS Transactions Hit Rp1.12 Quadrillion, MSMEs 96.68%
In H1-2026, QRIS processed 12.55 billion transactions worth Rp1.12 quadrillion, up 93.92% year-on-year.