Elisa Valenta

Elisa Valenta

INDONESIA CORRESPONDENT

Elisa Valenta joined BT as its Indonesia correspondent in 2023. She began her journalism career in 2014, reporting on the Indonesian economy with a focus on capital markets, macroeconomics, energy, startups and commodities. Prior to joining BT, she held reporting roles at CNN Indonesia and Forbes Indonesia. With a decade of experience, she brings deep insight into one of South-east Asia’s most dynamic markets.

Muhammad Neil El Himam (left) from Indonesia’s Ministry of Creative Economy speaks with Lianhe Zaobao’s Nam Yunzhou at the second Asia Economic Summit.

Indonesia bets on creative economy, IP for growth amid rising global competition

Intellectual property should be seen as a strategic economic asset, says the country’s creative economy minister

Indonesia’s Minister of Communication and Digital Affairs Meutya Hafid says sovereignty is about "having control at home and the confidence to cooperate abroad".

Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister

The region’s 680 million consumers give it leverage to negotiate with tech and AI firms, says Meutya Hafid

More than a thousand students rallied in central Jakarta on Jun 12 to accuse the government of failing to address economic pressures.

Indonesia’s fuel price hike, rupiah rout pile pressure on Prabowo as students protest

They are calling for the government’s free meals programme to be scrapped as living costs rise

If investors become unsure whether BI is prioritising growth, inflation or exchange-rate stability, risk premiums rise and policy credibility weakens, says an economist.

Bank Indonesia’s new mandate faces first market test after rate hike

It has pushed back against concerns that supporting growth could dilute its commitment to stability

The rupiah strengthened modestly to around 18,085 per US dollar after the central bank's announcement on Jun 9, recovering from the record low of 18,190 touched a day earlier.
NEWS ANALYSIS

Bank Indonesia’s emergency rate hike buys time for battered rupiah, but investor doubts linger

The currency has fallen by around 8% this year, and is among the world’s worst performers

Market participants warn that the effects of index exclusions can quickly feed through to capital flows and funding costs.

Indonesia’s sector stalwarts are growing, yet many are disappearing from global indices

The recent exclusion from benchmark gauges reflects broader investability concerns, say observers

Gojek founder Nadiem Makarim and his wife Franka Makarim at his plea hearing in Central Jakarta District Court on Jun 2.

Gojek founder Nadiem pleads not guilty, says ‘the world felt like it was ending’ when in prison

Prosecutors demand an 18-year prison sentence and seek trillions of rupiah in restitution

Indonesia's surprise move to centralise exports of strategic commodities, including palm oil, has sparked alarm.

Indonesia’s commodity clout in numbers

The export revamp by South-east Asia’s largest economy might shake up the industry’s global supply chain

Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers.

Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

The probe comes just days after Jakarta unveiled plans to tighten control over commodity exports

The lack of operational clarity in the shake-up of Indonesia’s commodities exports is showing up in trading activity, with fresh fruit bunch prices declining in Sumatra and Kalimantan.

Indonesia’s commodity export shake-up sparks industry alarm, investor jitters

Insiders warn that the move could upend trade flows and add to regulatory uncertainty