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
Banking & Finance
Displaying 201 - 250 of 1169 Documents
January 20, 2026
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
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
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
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
Pribadi Wicaksono (Kontributor), Jakarta – The birth of investment management agency (BPI) Daya Anagata Nusantara, or Danantara, during Prabowo's administration, has drawn sharp scrutin
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
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
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
Nandito Putra, Jakarta – The Indonesian Economic Alliance (AEI) expressed a number of criticisms against the sovereign wealth fund Daya Anagata Nusantara or Danantara Indonesia.
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
November 14, 2025
Hanaa Septiana, Jakarta – Indonesia's Trade Minister Budi Santoso is encouraging traditional markets across Indonesia to accept payments via the Quick Response Code Indonesian Standard
November 12, 2025
Akmalal Hamdhi, Jakarta – Bank Indonesia (BI) plans to expand the cross-border use of the Quick Response Code Indonesian Standard (QRIS) after officially launching its implementation in
November 10, 2025
Jayanty Nada Shofa, Jakarta – Bank Indonesia has said it will seek the right timing to carry out the country's long-discussed redenomination of the rupiah, stressing that the move to tr
November 9, 2025
Arnoldus Kristianus, Jakarta – An Indonesian economist has warned that the government's plan to redenominate the rupiah by removing three zeros without altering its purchasing power wou
November 7, 2025
Alfi Dinilhaq, Jakarta – Indonesia is preparing a draft law to redenominate the rupiah – a long-discussed plan to trim zeros from the currency – with the legislation targeted for comple
Arnoldus Kristianus, Jakarta – Indonesia's foreign exchange reserves climbed to $149.9 billion at the end of October, up $1.2 billion from the previous month, Bank Indonesia (BI) report
Jakarta – President Prabowo Subianto continues to come out with risky policies that endanger the Indonesian economy.
November 4, 2025
Jakarta – Every morning before work, Iqbal Aldrinsyah follows a small ritual: he opens his securities app on his phone.
October 28, 2025
Muhammad Firman, Jakarta – Indonesia's financial services authority has revoked the business licenses of five microcredit banks, both conventional (BPR) and sharia (BPRS), this year aft
Ni Made Tasyarani, Jakarta – Bank Indonesia (BI) plans to roll out additional macroprudential liquidity incentives (KLM) on Dec.
Jakarta – Indonesia has drawn up new rules that will allow the central government to lend to local authorities and state-owned enterprises in order to support the country's development
Ruth Dea Juwita, Jakarta – Indonesia has collected 6 billion yuan (US$842.34 million) through its first-ever renminbi-denominated bond, or dim sum bond, marking its latest effort to div
October 24, 2025
Alif Ilham Fajriadi, Jakarta – Investment Management Agency Danantara Indonesia plans to enter the Indonesian stock market.
October 22, 2025
Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) decided to keep its benchmark rate steady at 4.75 percent during its Board of Governors Meeting on Oct.
October 20, 2025
Antara, Prisma Ardianto, Jakarta – Indonesia's sovereign wealth fund Danantara has defended its plan to allocate part of its assets to government bonds, following public criticism from
October 19, 2025
Arnoldus Kristianus, Jakarta – Foreign investors withdrew Rp 16.61 trillion ($1 billion) from Indonesia's financial markets between October 13 and 16, with the largest outflow recorded
October 16, 2025
Anastasya Lavenia Yudi, Jakarta – Indonesian Finance Minister Purbaya Yudhi Sadewa has raised questions about the large sum of government funds piling up in fixed bank deposits.
October 12, 2025
Anastasya Lavenia Yudi, Jakarta – The Banking Surveillance Report of Indonesia published by the Financial Services Authority (OJK) revealed that the distribution of commercial bank cred
Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) reported that foreign investors injected Rp 6.43 trillion ($389 million) into the country's financial markets between October 6 and 9,
