12 June 2026 (closed)
Jakarta Composite Index (6,007.66) +121.62 +2.07%
Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.
Fully state-owned energy company Pertamina raised the price of Pertamax (RON 92) gasoline by a whopping 32.1 percent on Wednesday (10 June 2026). Pertamax is now sold at the price of IDR 16,250 per liter on Java. This was an unexpected move because the government seemed committed to keeping fuel prices low in order to protect people's purchasing power.
Plastic, a synthetic material typically used for packaging and bottles, is derived from hydrocarbons that are found in fossil fuels, specifically natural gas and crude oil. The raw, virgin materials that serve as the base for all plastic products are called resins (a high-viscosity substance that can be converted into polymers).
While Indonesia was enjoying the Idul Fitri celebrations (marking the end of the holy fasting month), global financial markets experienced a massive shock. The panic was fueled by concern over a severe escalation of the Iran War after US President Donald Trump set a 48-hour deadline that would expire on 23 March 2026.
The key story in March 2026 is obviously the Iran War that broke out after a United States (US)-Israeli coalition attacked various strategic assets in Iran starting on 28 February 2026, thus causing another (possibly long-term) geopolitical conflict after the Russo-Ukrainian War (2022-present) and Israel-Hamas War (2023-present).
