Widi Agustian, Jakarta – Indonesia's benchmark stock index suffered one of its most volatile weeks in recent years in late January, prompting the resignation of senior leaders at both t
Banking & Finance
Displaying 1 - 50 of 988 Documents
January 31, 2026
January 30, 2026
Jakarta – The nomination of Thomas Djiwandono, President Prabowo Subianto's nephew, for Deputy Governor of Bank Indonesia (BI) could damage the independence of the central bank.
Muhammad Ghafur Fadillah, Jakarta – Indonesia Stock Exchange (IDX) chief executive Iman Rachman resigned on Friday morning, following two consecutive days of steep market losses that br
Singapore – MSCI is a powerhouse within the $139 trillion asset management industry and its decisions are hugely consequential for countries around the world – as Indonesian investors l
Chesa Andini Saputra, Alfi Dinilhaq, Bambang Ismoyo, Jakarta – Indonesia's financial regulators staged an extraordinary collective retreat on Friday, resigning in rapid succession after
January 29, 2026
Monique Handa Shafira, Jakarta – Indonesia's financial regulator said it will raise the minimum public shareholding requirement for listed companies to 15%, up from 7.5%, as authorities
Singapore – Indonesian stocks on Thursday were plunging toward their largest two-day fall on record as the risk of a downgrade to frontier market status triggered a headlong rush for th
Indah Handayani, Jakarta – Rupiah closed weaker against the US dollar on Thursday, sliding despite a softer greenback, as domestic concerns overshadowed relatively limited external pres
January 28, 2026
Celvin Moniaga Sipahutar, Jakarta – Finance Minister Purbaya Yudhi Sadewa said on Wednesday that the sharp sell-off on the Indonesia Stock Exchange (IDX) following a report by MSCI Inc
January 27, 2026
Deni Ghifari, Jakarta – The House of Representatives has officially picked Thomas "Tommy" Djiwandono to become a senior official at Bank Indonesia (BI) following his confirmation hearin
January 26, 2026
Addin Anugrah Siwi, Jakarta – The government aims to raise up to Rp 25 trillion ($1.49 billion) from the sale of Retail Government Bonds (ORI) series ORI029, with all proceeds earmarked
January 24, 2026
Anastasya Lavenia Yudi, Jakarta – Bank Indonesia (BI) recorded a total of Rp5.96 trillion in foreign capital outflow from the domestic financial market this week, based on transaction d
January 23, 2026
Ria Fortuna Wijaya, Jayanty Nada Shofa, Jakarta – Indonesia's plan to further tighten mandatory repatriation rules for foreign-currency earnings from natural resource exports is drawing
Ilona Estherina, Jakarta – Finance Minister Purbaya Yudhi Sadewa stated that the rupiah exchange rate had already begun weakening before Deputy Finance Minister Thomas Djiwandono was no
January 21, 2026
Prisma Ardianto, Jakarta – Bank Indonesia reported that banking credit growth slowed to single digits at the end of 2025, reflecting moderating demand even as monetary conditions eased
Ria Fortuna Wijaya, Jakarta – Bank Indonesia (BI) kept its benchmark interest rate unchanged at 4.75% after a two-day policy meeting, signaling a continued focus on rupiah stability ami
Anastasya Lavenia Yudi, Jakarta – Indonesia's central bank, Bank Indonesia, has kept its benchmark rate at 4.75 percent.
Anastasya Lavenia Yudi, Jakarta – The nomination of Deputy Finance Minister Thomas Djiwandono as Deputy Governor of Bank Indonesia (BI) has the potential to undermine the central bank's
January 20, 2026
Jakarta – Rupiah hit a record low against the dollar on Tuesday as investors fretted about the country's central bank independence after President Prabowo Subianto nominated his nephew
Jakarta/Singapore – Finance Minister Purbaya Yudhi Sadewa pledged on Tuesday to uphold the independence of the central bank, after lingering fears about government interference in monet
January 19, 2026
Jakarta – President Prabowo Subianto has nominated his nephew to join the central bank's board of governors, two sources told Reuters, amid growing concern about its independence
January 17, 2026
Nida Sahara, Jakarta – Buy now, pay later (BNPL) services are increasingly becoming a preferred payment option for Indonesian consumers, offering flexible installment payments without d
January 16, 2026
Sesilia Ayu Febriani, Martin Bagya Kertiyasa, Jakarta – Foreign investors posted a net outflow of Rp 7.71 trillion ($455.6 million) from Indonesia's financial markets in the second week
January 12, 2026
Anastasya Lavenia Yudi, Jakarta – The Financial Services Authority (OJK) reported that outstanding financing within the online lending industry reached Rp94.85 trillion as of November 2
January 11, 2026
Akmalal Hamdhi, Jakarta – Bank accounts belonging to peer-to-peer lending platform Dana Syariah Indonesia remain frozen by financial authorities amid an unresolved debt default totaling
January 8, 2026
Ria Fortuna Wijaya, Jakarta – Indonesia's foreign exchange reserves rose to $156.5 billion at the end of December 2025, up from $150.1 billion a month earlier, driven by stronger fiscal
Arnoldus Kristianus, Jakarta – Indonesia will require exporters of natural resources to place proceeds from their overseas sales in state-owned banks, following the signing of a new reg
January 7, 2026
Natasha Khairunisa Amani, Jakarta – Rupiah remained under pressure on Wednesday, closing weaker against the US dollar as global uncertainties continued to dominate market sentiment.
January 2, 2026
Antara, Jakarta – Finance Minister Purbaya Yudhi Sadewa said Friday that his decision to backtrack the Rp 75 trillion ($4.5 billion) injection to state lenders would not disrupt the eco
Prisma Ardianto, Jakarta – The Financial Services Authority (OJK) estimates nearly Rp400 trillion ($24 billion) in bank loans and financing could be affected by recent floods in parts o
December 31, 2025
Ilona Estherina, Jakarta – Finance Minister Purbaya Yudhi Sadewa admitted that the impact of injecting Rp200 trillion into state-owned banks (Himbara) did not meet his expectations.
December 29, 2025
Grace Gandhi, Jakarta – The exchange rate of the Indonesian rupiah against the U.S.
December 22, 2025
Ilona Estherina, Jakarta – The Consumer Empowerment Forum Indonesia (FKBI) criticizes outlets that only accept Quick Response Code Indonesian Standard (QRIS) payments and reject cash tr
Herman, Jakarta – The central bank has issued a firm response after a viral social media video showed an elderly woman being denied the purchase of bread at a Roti'O outlet for attempti
December 16, 2025
Antara, Jakarta – The Financial Services Authority (OJK) said on Tuesday it will tighten oversight of debt collection practices, emphasizing that primary responsibility rests with credi
Pribadi Wicaksono (Kontributor), Jakarta – The birth of investment management agency (BPI) Daya Anagata Nusantara, or Danantara, during Prabowo's administration, has drawn sharp scrutin
December 15, 2025
Anastasya Lavenia Yudi, Jakarta – Bank Indonesia announced Indonesia's foreign debt position in October 2025 amounted to US$423.9 billion or Rp7,062 trillion (with an exchange rate of R
December 13, 2025
Anastasya Lavenia Yudi, Jakarta – The Financial Services Authority (OJK) reported that outstanding debt in the Indonesian online loan industry reached Rp92.92 trillion in October 2025.
December 12, 2025
Jakarta – Indonesia's Islamic banking sector is on track for its strongest year ever, with total assets surpassing Rp 1,028 trillion ($65 billion) as of October 2025 – the highest level
December 5, 2025
Siwage Dharma Negara and Leo Suryadinata – Like some of his predecessors, President Prabowo has co-opted Indonesia's tycoons to contribute to a new bond fund. To what end?
December 4, 2025
Heru Andriyanto, Jakarta – The Financial Services Authority (OJK) has introduced a new regulation governing the trading of digital financial assets, including cryptocurrencies, as the s
November 29, 2025
Antara, Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo has disclosed the direction of the monetary policy in 2026: to maintain a balance between stability and growth, or pro-stabi
November 25, 2025
Jakarta – Bank Indonesia must mend the weaknesses in the BI-Fast national retail payment system infrastructure.
November 21, 2025
Nandito Putra, Jakarta – The Indonesian Economic Alliance (AEI) expressed a number of criticisms against the sovereign wealth fund Daya Anagata Nusantara or Danantara Indonesia.
Anastasya Lavenia Yudi, Jakarta – Indonesia's Finance Minister Purbaya Yudhi Sadewa has explained the rationale behind the government's latest move to inject an additional Rp76 trillion
November 20, 2025
Akmalal Hamdhi, Jakarta – The Financial Services Authority (OJK) has officially classified bank accounts with no deposits, withdrawals, or balance checks for more than 1,800 days – roug
November 19, 2025
Prisma Ardianto, Jakarta – Bank Indonesia (BI) kept the benchmark BI Rate unchanged at 4.75 percent during its November 18-19 policy meeting, maintaining the Deposit Facility at 3.75 pe
November 18, 2025
Akmalal Hamdhi, Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo outlined the steps needed to redenominate the rupiah – simplifying the currency from Rp1,000 to Rp1 – emphasizing th
November 17, 2025
Akmalal Hamdhi, Jakarta – Indonesia's external debt declined to $424.4 billion in the third quarter of 2025, down from $432.3 billion in the previous quarter, Bank Indonesia reported on
November 15, 2025
Anastasya Lavenia Yudi, Jakarta – Bank Indonesia (BI) reported that foreign investors withdrew a total of Rp 3.79 trillion (approximately US$254 million) from the domestic financial mar
