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Indonesia’s Fuel and LPG Subsidies Skyrocket 266% to Rp 118.7 Trillion

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Indonesia is facing a stark fiscal challenge as the cost of keeping energy affordable for its population has surged far beyond initial projections. New data reveals that government spending on fuel and liquefied petroleum gas (LPG) subsidies and compensations reached Rp 118.7 trillion by March 2026, representing a staggering 266% increase compared to the same … Read more

BYD Sales Plummet: China EV Market Slowdown & Rising Competition (2026)

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BYD Sales Dip in China as Domestic Competition Heats Up The electric vehicle (EV) market in China, once dominated by BYD, is experiencing a shift as domestic rivals gain ground. After years of rapid growth, BYD, a Shenzhen-based manufacturer, has seen its sales decline in the world’s largest automotive market. This slowdown, occurring in the … Read more