Indonesian employers support inflation-based minimum wage formula, proposing moderate index range of 0.1-0.5 for 2026, citing economic challenges and business sustainability concerns.
Car sales in 2025 still weak, says Indonesian market leader
Indonesian car sales in August 2025 increased 1.48% monthly but decreased 19.03% annually. Year-to-date sales are down 10.63% compared to 2024, indicating a sluggish market due to weak purchasing power.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.