The Indonesia Stock Exchange’s (IDX) plan to lower the minimum share price from Rp 50 (less than 1 US cent) to Rp 1 could finally allow the market to discover the true value of stocks long trapped at the price floor. But greater price flexibility comes with greater risk. As distressed “zombie companies” are exposed to market forces and stocks worth only a few rupiah become tradable, the reform could improve liquidity and price discovery while also opening the door to greater volatility and speculation.

A bank account can be frozen in minutes, but the damage to trust in the financial system can last much longer. The controversial freezing of an account belonging to the coordinator of a planned demonstration in Jakarta raises a question that goes well beyond the Rp 80.9 million (US$4,500) involved: How should banks balance law-enforcement requests against due process and customer protection, particularly when the legal basis for restricting access to a customer’s money is contested?

The search for independence for Nahdlatul Ulama (NU),Indonesia’s largest Islamic social organization, has always been fought at its congress (Muktamar). The 35th Muktamar at Bahrul Ulum Tambakberas, Jombang, East Java, which closed on Aug. 26, was no exception.

Destry Damayanti has officially been appointed as the new Bank Indonesia (BI) governor, taking on the responsibility of navigating not only monetary policy challenges stemming from global instability and domestic economic pressures, but also a growing institutional challenge under President Prabowo Subianto ’s administration. The revision of the Financial Sector Development and Strengthening Law (UU P2SK) has expanded BI’s mandate toward supporting economic growth alongside maintaining rupiah stability. This raises questions over the central bank’s autonomy as a monetary authority, as greater state influence and stronger fiscal policy priorities could constrain Destry’s ability to respond effectively to exchange rate and inflation pressures.

Street protests have reignited the drive to pass the long-stalled asset forfeiture bill. Under renewed public pressure, the House of Representatives has committed to wrapping up deliberation by year-end, nearly two decades after the reform was first tabled. The real test now is whether this self-imposed deadline will finally overcome years of legislative foot-dragging, and whether lawmakers can be held accountable if it slips again.

The revision to the Oil and Gas (Migas) Law is now being pushed through the House of Representatives at unusual speed, with lawmakers targeting completion by mid-October 2026 and hoping to conclude deliberations before the current sitting period ends. The pace is notable because the Migas Law revision was not originally included in this year’s national legislation program (Prolegnas), despite years of delays.

Several of the country’s external sustainability indicators have weakened, as reflected in a widening current account deficit and rising external debt and external debt-to-gross domestic product ratio. The development is not entirely unexpected, as the government has signaled a greater willingness to rely on debt financing to support its growth agenda.