Today's Top 3 News: Finance Minister Unconcerned Over Falling Rupiah

6 hours ago 14

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Thursday, May 28, 2026. Here are the highlights: Finance Minister Unconcerned as Rupiah Falls Past 17,800; Indonesian Embassy in Phnom Penh Receives 1,700 Citizens Fleeing Online Scams; and Indonesia's CPO Exports Plunge Across Nine Major Markets.

The following is the list of the top 3 news on Tempo English today:

1. Finance Minister Unconcerned as Rupiah Falls Past 17,800

Finance Minister Purbaya Yudhi Sadewa said the current depreciation of the rupiah is inappropriate, as the currency weakened past 17,800 per US dollar at the close of trading on Wednesday, May 27, 2026.

Purbaya said he was puzzled by the rupiah’s weakness despite what he described as still-strong economic fundamentals. Read the minister's full statement here.

2. Indonesian Embassy in Phnom Penh Receives 1,700 Citizens Fleeing Online Scams

Thousands of Indonesian nationals who fell victim to online scams in Cambodia have sought assistance at the Indonesian Embassy in Phnom Penh.

According to a press release from the Ministry of Foreign Affairs, between January 16 and 21, 2026, a total of 1,726 Indonesians escaped from various online scam operations across different regions of the country.

The Indonesian Embassy has coordinated with the relevant agencies in both Indonesia and Cambodia. Read more about Indonesia's other steps in response to online scams here.

3. Indonesia's CPO Exports Plunge Across Nine Major Markets

The Indonesian Palm Oil Association (Gapki) reported a monthly decline in Indonesia’s crude palm oil (CPO) production, domestic consumption, and exports in March 2026.

In a written statement issued on Monday, May 25, 2026, Gapki said CPO production in March reached 4.403 million tons, down 12.22 percent from 5.015 million tons recorded in February.

The association also reported a decline in processed palm kernel oil (PKO) production. Read more about Gapki's complete data on Indonesia's CPO production here.

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