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Economy

Edisi Monday, March 9, 2026

Used car sales at Mall Mega Glodok Kemayoran (MGK), Jakarta, Thursday, March 5, 2026. Tempo/Martin Yogi Pardamean

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Economy

Anxious Hopes in the Used-Car Market

Weak purchasing power pushes the automotive market to be dominated by used cars. The industry awaits uncertain incentives.

Edisi Monday, March 2, 2026

Cover Story

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Edisi Monday, February 23, 2026

A vendor arranges imported beef at Jatinegara Market, Jakarta, January 20, 2024. Tempo/Tony Hartawan

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Economy

How Import Quotas Drive Up Meat Prices

Food import mismanagement is suspected of driving up prices. The Indonesia-US trade agreement prohibits quota policies.

Economy

Behind the State’s Poultry Farm Project

The government plans to build integrated poultry farms to support the free nutritious meal program. The execution is in disarray.

Edisi Monday, February 16, 2026

Finance Minister Purbaya Yudhi Sadewa prepares to attend a working meeting with Commission XI of the House of Representatives at the Parliament Complex, Senayan, Jakarta, February 4, 2026. Antara Foto/Rivan Awal Lingga

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Economy

Budget Deficit Tightrope

The government is making an extra effort to keep the budget deficit below 3 percent. Fiscal credibility is under scrutiny.

Economy

A Leaky Purse Awaits Subsidy Funds

Delays in subsidy payments affect the cash flow of PLN and Pertamina. Tighten spending or seek financing.

Edisi Monday, February 9, 2026

Cover Story

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Edisi Monday, February 2, 2026

Finance Minister Purbaya Yudhi Sadewa answers questions from reporters after a meeting of the Financial System Stability Committee (KSSK) in Jakarta, January 27, 2026. Kemenkeu Photo/Wisnu Nanda R.R.

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Economy

Paying Old Debts with New Debts

The government aggressively issues debt securities from the start of the year. The practice of taking on new debt to repay old obligations continues.

Economy

Strapped for Cash as Spending Swells

Unproductive spending dominates the 2026 budget. The impact on the economy remains minimal.

Edisi Monday, January 26, 2026

Deputy Minister of Finance Thomas Djiwandono provides a statement during the January 2026 edition of the APBN KiTA press conference at the Ministry of Finance Office, Jakarta, January 8, 2026. Tempo/Martin Yogi Pardamean

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Economy

Thomas Djiwandono Nominated As Deputy Governor of Bank Indonesia

Thomas Djiwandono will sail smoothly into the post of Deputy Governor of Bank Indonesia, further eroding the central bank’s independence.

Edisi Monday, January 19, 2026

An online motorcycle taxi (ojek online) rider passes a railway crossing in the Tanah Abang area, Jakarta, Wednesday, November 19, 2025. Doc. Muhammad Zaenuddin

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Economy

The Power of Algorithms in Online Ride-Hailing Platforms

Algorithms and artificial intelligence are becoming the weapons of choice for ride-hailing and online taxi companies in the future. What does this mean for their drivers?

Edisi Monday, January 12, 2026

The January 2026 APBN KiTa State Budget Facts and Performance Monthly Report press conference at the Ministry of Finance office in Jakarta, January 8, 2026. Tempo/Martin Yogi
Pardamean

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Economy

The Reason Behind the Delay of the 2026 State Budget Bill

The government delayed the publication of the 2026 State Budget Law and its implementing regulations, flouting the principle of transparency and fueling suspicion.

Economy

The Next Round of Budget Efficiency to Support Priority Projects

The government devises a special output-allocation scheme. It isolates ministry and agency budgets to secure President Prabowo’s priority programs.

Economy

Revenue Pressure in a Transition Year

Tax revenues fell short of target. The rollout of Coretax and weakening commodity prices bore much of the blame.

Economy

Money to Plug the Budget Deficit

The Finance Minister could request the remaining Bank Indonesia surplus before the books close. A stopgap for weakening fiscal revenues.

Edisi Monday, January 5, 2026

High-rise buildings in Jakarta, December 16, 2025. As of the end of October 2025, land and building tax (PBB-P2) revenue collected by the Jakarta Provincial Government reached Rp 10.32 trillion, exceeding the revised 2025 regional budget (APBD-P) target of Rp 10.25 trillion by 0.77 percent. Tempo/Tony Hartawan

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Economy

The Threat of a Looming Recession

A number of institutions estimate that Indonesia’s economic growth will not exceed 5 percent in 2026. With few growth engines left, the possibility of a recession is wide open.

Economy

Coal Dependence in the Energy Mix

The government continues to rely on coal-fired power plants. The energy transition remains a pipe dream.

Economy

The High-Stakes Moment for the Commodities Business

The outlook for commodities such as coal, nickel, and palm oil in 2026 is bleak, an alarm for small players.

Economy

The Return of Window Shoppers

The middle class keeps shrinking. Their purchasing power is also plunging.

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