M. Rizki Yusrial, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto said around 11 percent of Indonesians lack access to banking services.
Banking & Finance
Displaying 51 - 100 of 852 Documents
March 24, 2025
Eduard Gismatullin and Norman Harsono – Indonesian stocks trimmed losses after the country's new sovereign wealth fund said two former presidents will be advisors, easing market concern
March 20, 2025
Jakarta – In a way, a country's stock market performance is like a report card for the national economy, and by extension for the government, and in Indonesia's case right now, the repo
Celvin Moniaga Sipahutar, Jakarta – President Prabowo Subianto is seeking to reassure investors after the Jakarta Composite Index (JCI) nosedived 6 percent in a single session, triggeri
March 19, 2025
Harry Suhartono and Ameya Karve – An Indonesian state-owned lender scrapped a planned sale of dollar bonds after a stock market rout in the country quickly spread to other asset classes
Aditya Hadi, Jakarta – The Indonesia Stock Exchange (IDX) Composite index tumbled 3.84 percent to 6,223 points on Tuesday, recovering only slightly from a plunge of more than 5 percent
Arnoldus Kristianus, Jakarta – Bank Indonesia kept its benchmark interest rate at 5.75 percent on Wednesday in a bid to keep inflation in check – a move that analysts had expected.
March 18, 2025
Dinda Shabrina, Jakarta – The Composite Stock Price Index (IHSG) tumbled over 4 percent on Tuesday, March 18, 2025, at 11:11 AM WIB, before plunging 5 percent, prompting the Indonesia S
March 17, 2025
Arnoldus Kristianus, Jakarta – The Indonesian government and private sector owed foreign creditors $427.5 billion as of the end of January, up from $424.8 billion in the previous month,
March 15, 2025
Tenggara Strategics – Nearly three weeks have passed since the much-anticipated launch of Danantara, Indonesia's latest and most ambitious investment entity, on Feb. 24, 2025.
March 14, 2025
Jakarta – The government must act responsibly in the management of bullion banks owned by state companies.
March 11, 2025
Jauhari Mahardhika, Jakarta – Capital outflows from Indonesia's equity market accelerated as foreign investors extended their selling spree, dragging the Jakarta Composite Index (JCI) f
Stefano Sulaiman, Jakarta – Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual briefing on the sub
March 7, 2025
Ichsan Ali, Jakarta – President Prabowo Subianto gathered Indonesian tycoons, including real estate magnates Sugianto "Aguan" Kusuma and James Riady, at the palace for talks on the newl
March 6, 2025
Ruth Dea Juwita, Jakarta – The government seeks to revamp coal gasification projects and build what is to be the country's largest oil refineries among the dozens of megaprojects worth
March 5, 2025
Ervana Trikarinaputri, Jakarta – The Indonesian government raised Rp30 trillion from the auction of State Debt Securities (SUN) held on Tuesday, March 4, 2025.
Jayanty Nada Shofa, Jakarta – The central banks of Indonesia and Australia recently renewed their bilateral currency swap arrangement by another five years.
March 4, 2025
Deni Friawan – The establishment of Danantara, Indonesia's new sovereign wealth fund (SWF), has sparked both optimism and scepticism.
Hendrik Yaputra, Jakarta – Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia stated that 21 downstreaming projects will be accelerated.
March 3, 2025
Yerica Lai, Jakarta – A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the newly launched sovereign wealth fund
March 2, 2025
Dinda Shabrina, Jakarta – The exchange rate of the rupiah has been consistently under pressure since the closing of trade last Friday, February 28, 2025, reaching Rp 16,520 per US dolla
Juan Ardya Guardiola, Jakarta – State-Owned Enterprises (SOEs) Minister Erick Thohir announced on Saturday that he plans to transfer assets from all 47 SOEs, valued at approximately $90
March 1, 2025
Dinda Shabrina, Jakarta – The exchange rate of the rupiah against the United States dollar experienced considerable pressure during the final week of February 2025.
February 28, 2025
Jakarta – New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase eco
Jakarta – Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals,
February 27, 2025
Bambang Ismoyo, Jakarta – Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), will assume management of all 47 state-owned enterprises (SOEs) by the end of March, mar
Bambang Ismoyo, Jakarta – A top executive of Danantara has denied reports claiming that the newly established sovereign wealth fund enjoys complete legal immunity from prosecution.
Muawwan Daelami, Jakarta – Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), is considering stepping in as a standby buyer for state-owned enterprises (SOEs) lookin
Trissia Wijaya – The idea of creating a 'superholding' of state-owned enterprises (SOEs) – promoted during his presidential campaign by Prabowo Subianto – is now becoming a reality.
Ni Made Sukmasari, Jakarta – Chief Economist of Permata Bank Josua Pardede assesses nominating former British Prime Minister Tony Blair as Supervisory Board of Danantara Investment Mana
Dinda Shabrina, Jakarta – The IDX Composite (IHSG) remained below the 6,600 mark, closing today's trading session with a 2.23 percent dip to 6,458.3.
February 26, 2025
Jayanty Nada Shofa, Jakarta – Indonesia's newly minted gold bullion banks are expected to give a multibillion-dollar boost to the country's economy, according to President Prabowo Subia
Erfan Maruf, Jakarta – The establishment of Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), marks more than just an economic milestone – it is a deeply personal m
February 25, 2025
Ervana Trikarinaputri, Jakarta – A researcher at the Center for Strategic and International Studies (CSIS) Department of Economics, Deni Friawan, scrutinizes the organizational structur
Vinnilya, Celvin Moniaga Sipahutar, Jakarta – Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), is drawing attention not only for its ambitious $900
Dinda Shabrina, Jakarta – Indonesia Composite Index (IHSG) continued to weaken in trading on Tuesday, February 25, 2025.
Aditya Hadi and Ruth Dea Juwita, Jakarta – President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial capital on Monday, but
Sukma Kanthi Nurani, Jakarta – President Prabowo Subianto officially inaugurated Daya Anagata Nusantara Investment Management Agency (BPI Danantara) at the Presidential Palace in Centra
February 24, 2025
Jakarta – The government's drive to save US$44 billion through massive state budget cuts is a certainly a feat, but when we heard that some $20 billion was set to be channeled to the so
Jakarta – President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Indonesia and give the leader greater control of the country's coffers.
Celvin Moniaga Sipahutar, Jakarta – Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), will oversee all state-owned enterprises (SOEs) as part of a br
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in
Antara, Jakarta – Bank Indonesia recently reported that the national QR code payment system had recorded around Rp 80.9 trillion (approximately $4.9 billion) in transactions throughout
Jayanty Nada Shofa, Jakarta – Indonesia is trying to lure its foreign partners into work together with its freshly launched Danantara, the country's sovereign wealth fund that is expect
Muhammad Firman, Vinnilya, Jakarta – President Prabowo Subianto has appointed seasoned businessmen Rosan Roeslani, Pandu Sjahrir, and Dony Oskaria to lead Indonesia's newly launched sov
Novie Fauziah, Jakarta – The sovereign wealth fund Danantara will become Indonesia's new strategy to make the best use of its state assets, according to a presidential special envoy.
Jakarta – The country's sixth and seventh presidents Susilo Bambang Yudhoyono and Joko "Jokowi" Widodo, respectively, joined President Prabowo Subianto on Monday in a lavish event at th
February 19, 2025
Arnoldus Kristianus, Jakarta – Bank Indonesia kept its benchmark interest rate at 5.75 percent in a bid to control inflation and support the rupiah amid global economic uncertainty.
February 18, 2025
Erfan Maruf, Jakarta – Luhut Binsar Pandjaitan, Chairman of Indonesia's National Economic Council (DEN), has addressed growing concerns following a viral call on social media to withdra
February 16, 2025
Juan Ardya Guardiola, Bogor – The newly established sovereign wealth fund Danantara will finance 35 large-scale national projects throughout this year, a close ally of President Prabowo