Perry Warjiyo's surprise exit shakes the central bank

Perry Warjiyo resigned as governor of Bank Indonesia on July 25 for personal reasons, according to a Monday announcement from State Secretariat Minister Prasetyo Hadi. The 16th BI governor stepped down after two terms overseeing monetary policy through consecutive crises. Destry Damayanti, the senior deputy governor, takes the helm as acting governor until President Prabowo names a permanent successor. The rupiah weakened half a percent on the news while the stock market dipped 0.17 percent. (via Jakarta Globe)

BI pledges policy continuity after shakeup. Bank Indonesia's leadership assured markets that monetary policy will remain on track despite the transition, with the central bank vowing to maintain rupiah stability and keep inflation anchored in its 2.5% plus-or-minus-1% target. Officials said the resignation does not alter BI's commitment to the current policy mix or its reserves strategy. (via Antara News)

Counterterrorism efforts contained, minister says. The Coordinating Minister for Political and Security Affairs declared terrorism threats under control, citing Indonesia's medium impact classification in the 2026 Global Terrorism Index, though officials urged continued vigilance against evolving security risks and evolving methods of radicalization. (via Antara News)

Indonesia is rolling out electric vehicle incentives to supercharge adoption and shore up its EV supply chain. The government plans to cover value-added tax (VAT) for consumers at rates from 40 to 100 percent depending on battery type, targeting 100,000 electric cars and 100,000 electric motorcycles. Riders will get Rp 5 million (roughly $287) per unit for an initial 100,000 motorcycles, with the scheme launching shortly. (via Antara News)

Palm oil faces US tariff walls again. Indonesia's Coordinating Minister for Economic Affairs formally requested exemptions from new U.S. import tariffs on palm oil, escalating talks as Washington prepares to announce results of its excess capacity investigation. Jakarta has submitted complete responses to U.S. inquiries and awaits a decision on whether palm oil will retain the zero-tariff status Jakarta fought hard to secure in earlier trade talks. (via Antara News)

Nutrition agency sweeps house under new leadership. The National Nutrition Agency's newly installed chief, Sudaryono, dismissed 261 non-civil servant employees and disciplined 48 civil servants in a bid to tighten governance following a corruption scandal that rocked the agency. The moves mark the first major organizational overhaul at the troubled agency tasked with combating Indonesia's malnutrition crisis. (via Jakarta Globe)

State postal company settles missed bond payment. PT Pos Indonesia completed payment of an overdue Rp 24.1 billion ($1.4 million) sukuk return on the sixth installment after missing its July 8 due date, ending a default that had drawn a credit downgrade from Fitch Ratings. The company paid compensation for the delay through the Indonesian Central Securities Depository on July 24. (via The Jakarta Post)

The Indonesian Consulate General in Johor Bahru has repatriated 3,389 of its citizens from Malaysia as of July, including 274 in Saturday's largest single wave. The returnees included 162 men, 109 women, two children and a four-month-old baby, drawn mainly from East Java, North Sumatra, Aceh, West Nusa Tenggara and Riau. The consulate prioritized vulnerable groups including a migrant in tuberculosis treatment, a woman seven months pregnant and two other children. (via The Jakarta Post)

Indonesia opened its 2026 ASEAN Hyundai Cup campaign against Cambodia on Monday evening, riding a dominant 17-1-0 record across 18 meetings and looking to extend one of the most lopsided regional rivalries in Southeast Asian football. Indonesia has never lost to Cambodia in 18 previous encounters, scoring 80 goals while conceding just 10 and drawing once. Coach John Herdman named a squad blending experienced players like captain Marc Klok and defenders Jordi Amat with rising talents such as Marselino Ferdinan and Beckham Putra. (via Jakarta Globe)