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

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

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

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wealth fund Danantara, Rosan Roeslani, and CIO Pandu Sjahrir firmly deny reports that American investor Ray Dalio has withdrawn from

Adil Al Hasan, Jakarta – Bank Indonesia (BI) announced that the broad money supply (M2) in April 2025 increased by 5.2 percent annually.

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

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

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.

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

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)

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

Jakarta – President Prabowo Subianto should not risk playing with fire when managing state-owned banks.

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

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

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.

Adil Al Hasan, Jakarta – The Indonesia Stock Exchange temporarily halted trading on Tuesday, April 8, 2025, at 09.00 AM WIB (Western Indonesia Time).

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

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

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

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

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.

Salsabilla Azzahra Octavia, Jakarta – Bank Indonesia (BI) noted that the rupiah has weakened against the US dollar recently.

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).

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

Hendrik Khoirul Muhid, Jakarta – Listya Endang Artiani, a lecturer and researcher from Universitas Islam Indonesia (UII), highlighted that the decline of the Composite Stock Price Index

Ankur Banerjee, Jakarta – Indonesia's currency, rupiah, neared a record low against the U.S.

Indah Handayani, Jakarta – The Indonesian rupiah weakened to its lowest level since the 1998 financial crisis, pressured by renewed global trade tensions and investor concerns over US t

Rehan Oktra Halim, Jakarta – President of the Republic of Indonesia Prabowo Subianto has responded to the movement of the Composite Stock Price Index or IHSG that occurred a few days ag

Stefanno Sulaiman, Jakarta – Indonesia's central bank stepped into the currency market to defend the rupiah on Tuesday, as growing concerns over politics, government spending and capita

Ilona Estherina, Jakarta – The rupiah closed weaker at Rp16,612 at the end of trading on Tuesday, March 25, 2025.

Prisma Ardianto, Jakarta – Indonesia's two largest banks, Bank Rakyat Indonesia (BRI) and Bank Central Asia (BCA), collectively managed nearly 29 percent of the country's total public s

M. Rizki Yusrial, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto said around 11 percent of Indonesians lack access to banking services.

Aditya Hadi, Jakarta – Major credit rating agencies have maintained Indonesia's sovereign rating at the same investment grade since before the pandemic but are watching policy decisions

Jakarta – Former Thai Prime Minister Thaksin Shinawatra and renowned U.S.