Be Prepared for Rising Rice Prices

The government anticipates a spike in rice prices. Does the price increase on the back of competition between Bulog and the private sector in absorbing farmers' rice?

High Oil Prices Put 2023 Deficit Target at Risk

Oxford Economics estimates that there will be a spike in Indonesia's deficit in the second half of this year due to energy subsidies, slowing down the 2023 fiscal consolidation in the process.

Fed Hawkish Policy Puts a Pressure on Rupiah

Rupiah weakened against the US dollar following The Fed’s hawkish policy as it will continue aggressively raising the Fed Funds rate until next year.

Thousands of Business Licenses Stuck in OSS System

The Online Single Submission (OSS) platform has not yet accommodated thousands of business types, hampering business licensing processes. Investors' interests may fade away.