Ricki Putra Harahap, Jakarta – President Prabowo Subianto, accompanied by Vice President Gibran Rakabuming Raka, inaugurated the new headquarters of Indonesia's sovereign wealth fund, D
Banking & Finance
Displaying 1 - 50 of 862 Documents
June 30, 2025
June 25, 2025
Monique Handa Shafira, Jakarta – The Indonesia Stock Exchange (IDX) reported a net profit of Rp 673 billion ($41.28 million) in the 2024 fiscal year, marking a 16.3 percent increase fro
Joniansyah, Jakarta – PT Danantara Asset Management (Persero) or DAM, a part of the Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia), is providing initial suppo
June 19, 2025
Melynda Dwi Puspita, Jakarta – Bank Indonesia (BI) has extended the grace period for credit card bill payments until Wednesday, December 31, 2025.
Ilona Estherina, Jakarta – The rupiah closed lower today, June 19, 2025, trading at Rp16,406 per US dollar. This weakening occurred as the dollar strengthened following the U.S.
June 18, 2025
Addin Anugrah Siwi, Jakarta – Government borrowing surged to Rp 349.3 trillion ($21.4 billion) in the first five months of 2025, marking a 164 percent increase from Rp 132.2 trillion in
Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) kept its benchmark interest rate unchanged at 5.5 percent following its June 17 18 Board of Governors Meeting, maintaining the Deposit
Annisa Febiola, Jakarta – Bank Indonesia (BI) revealed that it has purchased Government Bonds (SBN) worth Rp124.33 trillion throughout the current year, 2025.
June 14, 2025
Annisa Febiola, Jakarta – Indonesia Clearing House (ICH) has been officially registered by Bank Indonesia (BI) as a Clearing House for Foreign Exchange and Money Market Derivatives (PUV
June 9, 2025
Jakarta – The transfer of the management of state-owned companies from the State-Owned Enterprises (SOEs) Ministry to Daya Anagata Nusantara Investment Management Agency, or Danantara,
June 3, 2025
Anastasya Lavenia Y, Jakarta – The Financial Services Authority (OJK) reported that financial transaction scams have caused total losses of Rp2.6 trillion, based on complaints submitted
June 2, 2025
Farhan Mutaqin and Lukas Andri Surya Singarimbun (The Conversation) – The United States has recently called out Indonesia's national digital payment system Quick Response Code Indonesia
May 30, 2025
Jakarta – The move by the government to force Daya Anagata Nusantara Investment Management Agency, or Danantara, to take over projects of dubious economic value could be dangerous in th
May 28, 2025
Agnes Valentina Christa, Jakarta – CEO of sovereign wealth fund Danantara, Rosan Roeslani, and CIO Pandu Sjahrir firmly deny reports that American investor Ray Dalio has withdrawn from
May 26, 2025
Anastasya Lavenia Y, Jakarta – Senior economist at Bright Institute, Awalil Rizky, said that Bank Indonesia's decision to cut the benchmark interest rate or BI rate to 5.50 percent is n
Adil Al Hasan, Jakarta – Bank Indonesia (BI) announced that the broad money supply (M2) in April 2025 increased by 5.2 percent annually.
May 21, 2025
Arnoldus Kristianus, Jakarta – Bank Indonesia cut its benchmark interest rate by 25 basis points to 5.5 percent during its Board of Governors Meeting held on May 20-21, marking its firs
May 15, 2025
Herman, Faisal Maliki Baskoro, Jakarta – Indonesia's benchmark Jakarta Composite Index (JCI) rallied past the 7,000 mark for the first time in over three months on Thursday, buoyed by o
Arnoldus Kristianus, Jakarta – Indonesia's external debt rose to $430.4 billion in the first quarter of 2025, marking a 6.4 percent year-on-year increase, according to Bank Indonesia.
May 10, 2025
Ilona Estherina, Jakarta – The Financial Services Authority or OJK noted that public debt in the buy now pay later or BNPL services in banking and multi-finance companies experienced a
May 8, 2025
Ruth Dea Juwita, Jakarta – Microsoft cofounder and philanthropist Bill Gates has been offered a seat on the advisory board of Danantara, the country's recently established sovereign wea
Tenggara Strategics, Jakarta – Since its launch, Indonesia's newly established sovereign wealth fund, Danantara, has captured national imagination with promises so grand that they borde
Arnoldus Kristianus, Jakarta – Indonesia's foreign exchange reserves fell to $152.5 billion at the end of April 2025, down $4.6 billion from $157.1 billion in March, Bank Indonesia (BI)
May 7, 2025
Annisa Febiola, Jakarta – Bank Indonesia (BI) has highlighted the concerning slowdown in the growth of Micro, Small, and Medium Enterprises (MSME) credit.
Jayanty Nada Shofa, Jakarta – Indonesia's sovereign fund Danantara plans to set up a philanthropic arm and is hoping to join hands with American billionaire Bill Gates, its CEO said on
Jakarta – The government must stand its ground in negotiations with the United States, which is complaining about our digital payment systems, namely the Quick Response Code Indonesian
May 1, 2025
Erfan Maruf, Jakarta – The Indonesian government has written off Rp 486.1 billion ($29.2 million) in debt owed by micro, small, and medium enterprises (MSMEs) to state-owned banks as of
April 28, 2025
Prisma Ardianto, Jakarta – The Financial Services Authority (OJK) has reported that the banking sector's risk profile remains relatively stable as of March 2025, despite challenges in t
April 25, 2025
Anastasya Lavenia Y, Jakarta – The rupiah closes stronger at Rp16,829 per United States dollar in today's afternoon trade on Friday, April 25, 2025.
April 24, 2025
Thomas Rizal, Jakarta – Indonesia should not bow to US pressure over its national digital payment systems, an economist said Thursday, following American criticism of policies limiting
April 23, 2025
Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to maintain its benchmark interest rate at 5.75 percent, along with the Deposit Facility rate at 5 percent and the Lending
April 21, 2025
Prisma Ardianto, Jakarta – The United States has raised concerns over Indonesia's Quick Response Code Indonesian Standard (QRIS), citing it as a trade barrier due to the perceived exclu
April 17, 2025
Arnoldus Kristianus, Jakarta – Indonesia's foreign debt has slightly declined to $427.8 billion in February from $427.9 billion in the previous month, according to the country's central
April 16, 2025
Park Han-na, Seoul – Korean commercial banks are under pressure from Indonesian financial authorities to establish local holding companies, adding to the regulatory challenges that have
April 14, 2025
Agnes Valentina Christa, Doha – President Prabowo Subianto recently revealed that Indonesia's sovereign wealth fund Danantara had just secured Qatar's commitment to invest approximately
April 12, 2025
Faisal Maliki Baskoro, Associated Press, Jakarta – Indonesia's benchmark stock index slumped nearly 4 percent this week, marking its steepest decline in years, as investors digested fre
April 11, 2025
Jakarta – President Prabowo Subianto should not risk playing with fire when managing state-owned banks.
April 10, 2025
Wealthy Indonesians are shifting hundreds of millions of dollars offshore amid mounting concerns over President Prabowo Subianto's fiscal discipline and the country's economic stability
Theressia Sunday Silalahi, Jakarta – The National Police on Thursday confirmed receiving a report of an alleged data breach at Bank DKI, a regional bank owned and operated by the Jakart
April 9, 2025
Aditya Hadi, Jakarta – The Indonesia Stock Exchange (IDX) Composite index plunged 9.2 percent to 5,912 points shortly after opening at 9 a.m.
April 8, 2025
Baginda Muda Bangsa and Reyhan Noor – The Danantara Anagata Nusantara Investment Management Agency, commonly known as Danantara – Indonesia's new sovereign wealth fund – has always face
Jakarta – Indonesia's stock market dropped 9 per cent in early trade on Tuesday (Apr 8), triggering a 30-minute trading halt, and the rupiah fell 1.8 per cent to a record low as markets
Adil Al Hasan, Jakarta – The Indonesia Stock Exchange temporarily halted trading on Tuesday, April 8, 2025, at 09.00 AM WIB (Western Indonesia Time).
April 7, 2025
Agencies, Jakarta – Bank Indonesia said on Monday it would "intervene aggressively" in domestic foreign exchange markets when they re-open on Tuesday for the first time since new US tar
Alfi Dinilhaq, Jakarta – Indonesia's rupiah slumped to its weakest level in more than two decades on Monday, weighed down by escalating global trade tensions, safe-haven demand for the
April 6, 2025
Agencies, Jakarta – Bank Indonesia said on Saturday it was committed to keeping the rupiah currency stable after US and Chinese tariff announcements resulted in market uncertainties.
April 4, 2025
Salsabilla Azzahra Octavia, Jakarta – Bank Indonesia (BI) noted that the rupiah has weakened against the US dollar recently.
March 28, 2025
Aditya Hadi, Jakarta – The government has begun transferring its shares in state-owned enterprises (SOEs) to a newly designated holding company, PT Biro Klasifikasi Indonesia (BKI).
March 27, 2025
Jakarta – We call on President Prabowo Subianto to pay serious attention to the causes and possible implications of the steep fall of the rupiah against the greenback this week, as the
Dinda Shabrina, Jakarta – Bank Indonesia (BI) stated that the weakening rupiah exchange rate, which briefly touched Rp16,640 per US dollar, would not lead to a monetary crisis similar t