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

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).

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

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

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

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

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.

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

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

Jakarta – Indonesia's benchmark stock index tumbled for a second straight session on Monday, reflecting growing investor unease over global economic uncertainty.

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

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

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

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

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

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

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.

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

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

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,

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.

Jakarta – The government must act responsibly in the management of bullion banks owned by state companies.

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

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