Herman, Jakarta – Reports have surfaced online alleging that customer data from Bank Central Asia (BCA) was leaked following a cyberattack by an individual claiming to be the notorious

Indah Handayani, Jakarta – Indonesia's rupiah opened weaker against the US dollar on Thursday morning, pressured by slowing economic growth.

Monique Handa Shafira, Jakarta – The Financial Services Authority (OJK) has issued Regulation No.

Indah Handayani, Jakarta – The rupiah continued its downward slide against the US dollar on Friday, closing at Rp 16,304 per US dollar.

Hendro Situmorang, South Tangerang – The value of cryptocurrency trading in Indonesia surged by an astonishing 335.9 percent year-on-year in 2024, reaching Rp 650.61 trillion ($40.2 bil

Vinnilya, Jakarta – Bank Indonesia's (BI) decision to cut the benchmark interest rate by 25 basis points to 5.75 percent has raised concerns among economists about its impact on the exc

Basudiwa Supraja, Erfan Maruf, Jakarta – Chief Economic Affairs Minister Airlangga Hartarto said Wednesday that Bank Indonesia's decision to cut the key interest rate to 5.75 percent co

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) lowered its benchmark interest rate by 25 basis points to 5.75 percent during its January policy meeting, marking its first cut in fou

Muhammad Ghafur Fadillah, Jakarta – The Financial Services Authority (OJK) is evaluating the implementation of a Single Investor Identification (SID) system for cryptocurrency owners, w

Jakarta – The collapse of several peer-to-peer lending fintech companies has brought much concern to individual investors. They were late in anticipating the huge risks involved.

President Joko "Jokowi" Widodo opened the first trading day of 2016 at the Indonesia Stock Exchange (IDX) on Monday as the Jakarta Composite Index (JCI) dropped 0.25 percent to 4,581 as

Prima Wirayani and Norman Harsono – Bank Indonesia intervened to stabilize the rupiah after President Prabowo Subianto's surprise decision to scale back a tax hike sent the currency wea

Indah Handayani, Jakarta – The Indonesian rupiah weakened sharply against the US dollar at Friday's close, depreciating by 0.28 percent to Rp 16,235 per dollar, amid mounting external p

Antara, Jakarta – As many as 20 rural banks (BPR) were shut down by the Financial Services Authority (OJK) in 2024 after shareholders and management failed to implement effective recove

Vinnilya, Jakarta – Indonesia's rupiah is expected to face continued depreciation into early 2025, according to Dian Ayu Yustina, Head of Macroeconomic and Financial Market Research at

Ilona Estherina, Jakarta – Bank Indonesia (BI) has reported rapid growth in payments using the Quick Response Code Indonesian Standard (QRIS), while transactions made with debit cards h

Antara, Jakarta – Bank Rakyat Indonesia (BRI), the country's largest state-run bank by assets, assured customers that their data and funds remain secure and that normal transactions con

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to keep its benchmark interest rate at 6 percent to maintain inflation within its target range of 2.5 percent for 2024 and

Antara, Jakarta – The value of cryptocurrency transactions in Indonesia reached Rp 475.13 trillion ($29.63 billion) by October 2024, a 352.89 percent year-on-year increase, according to

Jayanty Nada Shofa, Jakarta – A top brass at the Asian Development Bank (ADB) recently said that the international lender was not worried about Indonesia's ability to pay off the money

Jakarta – Bank Indonesia (BI) reported a net foreign capital outflow in the domestic financial market amounting to Rp 5.13 trillion (US$323.4 million), based on transaction data from De

Grace el Dora, Jakarta – The rupiah slipped 0.25 percent to close at Rp 15,946 against the US dollar on Tuesday, as markets awaited signals of an interest rate cut from the Federal Rese

Indah Handayani, Jakarta – Indonesia's crypto transactions has reached Rp 475.13 trillion (around $29.9 billion) so far this year as of October, according to the Commodity Futures Tradi

Arnoldus Kristianus, Jakarta – Indonesia's government debt reached Rp 8,560.36 trillion ($$539.4 billion) by the end of October 2024, according to data from the Finance Ministry, as out

Eduard Gismatullin, Audrey Wan, and Prima Wirayani – Indonesia's benchmark stock index fell 10% from its year's high, entering a technical correction brought on by slowing economic grow

Jakarta – The decision by the government to write off non-performing loans (NPLs) for small businesses with state banks and funding institutions could revive stalled micro businesses.

Grace el Dora, Jakarta – The Indonesian rupiah could potentially reach Rp 16,000 per US dollar as geopolitical tensions and a stronger greenback continue to pressure the local currency.

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to maintain the central bank's interest rate at 6 percent, the deposit facility rate at 5.25 percent, and the lending faci

Matthew Burgess and Grace Sihombing – Indonesia's central bank intervened in currency markets to support the rupiah after it weakened toward the psychological level of 16,000 per dollar

Arnoldus Kristianus, Jakarta – Indonesia's government debt rose by 0.14 percent to Rp 8,473.9 trillion ($537.34 billion) as of Sept.

Jakarta – Indonesia has opened a six-month window until May 2025 for certain businesses to receive full loan forgiveness from state banks, a policy that aims to boost loan and economic

Indah Handayani, Jakarta – Bank Indonesia reported Thursday that the country's foreign exchange reserves had gone up to $151.2 billion as of end-October.

Norman Harsono – Indonesia may cancel as much as $550 million of small businesses' bad debt in a bid to boost lending and growth in Southeast Asia's largest economy, according to a top

Ni Made Tasyarani, Jakarta – Success stories among their peers and a plethora of user-friendly investing apps are luring ever more young Indonesians into the stock market, but some lear

Herman, Jakarta – State-owned banks have disbursed Rp 1,088 trillion (approximately $69 billion) worth of the government's microloans, better known by its Indonesian acronym KUR in 2020

Arnoldus Kristianus, Jakarta – The Indonesian government is set to revise regulations on foreign exchange earnings from natural resource exports (DHE SDA), aiming to encourage exporters

Vinnilya, Arnoldus Kristianus, Jakarta – Indonesia has witnessed many major changes over the past 10 years of the outgoing leader Joko "Jokowi" Widodo, but one of the most noticeable ch

Arnoldus Kristianus, Jakarta – Starting Dec.

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to maintain its benchmark interest rate (BI Rate) at 6 percent, the deposit facility rate at 5.25 percent, and the lending

Indah Handayani, Jakarta – Indonesia's foreign exchange reserves has gone down slightly to $149.9 billion as of end-September, according to the country's central bank.

Stefanno Sulaiman – President-elect Prabowo Subianto will increase the country's debt-to-GDP ratio level gradually, alongside efforts to boost tax revenues, his top adviser and brother

Faisal Maliki Baskoro, Jakarta – The Jakarta Composite Index (JCI) fell sharply in early trading on Thursday, sliding 0.44 percent to 7,526, despite positive momentum from US markets.

Arnoldus Kristianus, Jakarta – The central banks of Indonesia and Malaysia renewed their Local Currency Bilateral Swap Arrangement on Friday, enabling both nations to exchange their res

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has cut its benchmark interest rate by 25 basis points to 6 percent, following a review of inflation forecasts and the strengthening r

Alfida Rizky Febrianna, Jakarta – As Prabowo Subianto prepares to assume the presidency next month, he faces a critical decision in selecting a finance minister, a position crucial to s

Stefanno Sulaiman and Gayatri Suroyo, Jakarta – President-elect Prabowo Subianto plans to launch a green economy fund by selling carbon emission credits from projects such as rainforest

Indah Handayani, Jakarta – Crypto exchange Indodax has been inaccessible for more than 24 hours following a cyberattack on Wednesday, which compromised approximately $18.2 million (Rp 2

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) continues its efforts to reduce reliance on the US dollar by forming a strategic partnership with the Bank of Korea (BOK) and South Ko

Marcus Wong and Ruth Carson – The massive foreign inflow into Indonesian bonds this month may extend, if investor positioning is anything to go by.

Indah Handayani, Jakarta 00 The Jakarta Composite Index (JCI) closed higher on Friday, gaining 55.62 points, or 0.74 percent, to end at 7,544.2, as investor sentiment improved following