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

Deni Ghifari, Jakarta – Bank Indonesia (BI) has kept its benchmark interest rate unchanged and sees room for a cut opening up only in the fourth quarter, despite signals pointing to fas

Faisal Maliki Baskoro, Jakarta – The Jakarta Composite Index (JCI) fell by 43.3 points (0.57 percent) to 7,511.2 at the close of the first session on Thursday.

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to keep its benchmark interest rate (BI Rate) at 6.25 percent, the deposit facility rate at 5.5 percent, and the lending f

Ilona Esterina, Antara, Jakarta – An economist from the Institute for Development of Economics and Finance (Indef), Didik J.

Antara, Jakarta – The Financial Services Authority (OJK) has revoked the business licenses of 14 banks in Indonesia since early 2024 due to financial collapse.

Adil Al Hasan, Jakarta – The Indonesian Financial Services Authority (OJK) and Banco Central de Timor Leste (BCTL) or the Central Bank of Timor Leste have officially agreed to boost coo

Monique Handa Shafira, Jakarta – A financial technology (fintech) association is bracing itself for the upcoming policy aimed at raising the online loan cap while hoping they can access

Indah Handayani, Jakarta – The Indonesian Stock Exchange (IDX) had a sluggish week, with transaction values and volumes dropping over 5 percent and market capitalization declining nearl

Eduard Gismatullin – The Indonesian exchange's watchlist for volatile and troubled companies is likely to accelerate an exodus of foreign capital from Southeast Asia's largest equity ma

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to maintain its benchmark interest rate at 6.25 percent, the deposit facility rate is set at 5.5 percent, while the lendin

Arnoldus Kristianus, Jakarta – Ahead of the Bank Indonesia (BI) Board of Governors meeting on Wednesday, the Indonesian Employers Association (Apindo) has advised the central bank to ma

Alfi Dinilhaq, Antara, Jakarta – The Indonesian rupiah weakened against the US dollar on Tuesday after China's second-quarter growth came in below expectations.

Matthew Burgess and Grace Sihombing – The fate of Indonesia's jittery bond market may well hinge on who President-elect Prabowo Subianto chooses as his finance minister.

Alfida Rizky Febrianna, Jakarta – The Financial Services Authority (OJK) is set to implement new regulations allowing financial technology platforms to offer online loans of up to Rp 10

Reuters, Jakarta – Indonesia's President-elect Prabowo Subianto wants to give school children free meals, but the plan and his pledge to be 'daring' on spending have the country's debt

Muhammad Ghafur Fadillah, Vinnilya, Jakarta – The financial downturn globally, exacerbated by recent elections, has dampened fundraising activities in Indonesia's capital market, with t

Annisa Febiola, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati revealed an increase in state assets, reaching Rp13,072.8 trillion by the end of 2023.

Tenggara Strategics, Jakarta – Indonesia's president-elect Prabowo Subianto plans to fund his campaign promises by increasing the Indonesian debt-to-gross domestic product (GDP) ratio b

Jakarta – The ghost of the Asian financial crisis in 1997-1998 seems to be haunting Indonesia, as the rupiah depreciated to yet another new multiyear low.

Annisa Febiola, Jakarta – The rupiah is expected to depreciate further against the US dollar today, June 24, according to Laba Forexindo Berjangka director Ibrahim Assuaibi.

Annisa Febiola, Jakarta – The rupiah is expected to depreciate further against the US dollar today, June 24, according to Laba Forexindo Berjangka director Ibrahim Assuaibi.

Rama Sukarta, Jakarta – The Indonesian Ulema Council (MUI) has declared short selling as haram (forbidden under Islamic law).

Mita Amalia Hapsari, Jakarta – President Joko "Jokowi" Widodo convened the Financial System Stability Committee (KSSK) at the Presidential Palace on Thursday to address the recent depre

Antara, Jakarta – Bank Indonesia (BI) Deputy Governor Doni Primanto Joewono said the circulation of counterfeit money continues to decline in Indonesia.

Jauhari Mahardhika, Jakarta – The shares of tech conglomerate GoTo Gojek Tokopedia (GOTO) plummeted to an all-time low of Rp 50 on Thursday.

Arnoldus Kristianus, Jakarta – Bank Indonesia announced Thursday that they would keep the benchmark interest rate, also known as the BI Rate, at 6.25 percent.

Annisa Febiola, Jakarta – The incoming Prabowo-Gibran administration is expected to face a serious debt burden, assessed Yusuf Wibisono, director of the Institute for Demographic and Po

Arnoldus Kristianus, Jakarta – The weakening rupiah, now significantly deviating from the 2024 state budget assumption, poses risks to Indonesia's trade performance.

Tenggara Strategics, Jakarta – Indonesia's second-largest Muslim organization, Muhammadiyah, has decided to divert trillions of rupiah funds from state-owned Bank Syariah Indonesia (BSI

Arnoldus Kristianus, Jakarta – The Indonesian rupiah weakened against the US dollar, reaching Rp 16,400 on Friday, its lowest point since the pandemic era in April 2020.

Jakarta – The Indonesia Stock Exchange (IDX) Composite fell 0.08 percent on Wednesday to finish the trading day at 6,850.09.

Nida Sahara, Jakarta – The Financial Services Authority (OJK) revealed that the total value of assets in Sharia-based financial businesses stood at approximately Rp 2,500 trillion ($155

Thresa Sandra Desfika, Jakarta. Agoes Projosasmito, 68, has made his way into the top five of Indonesia's richest individuals, according to Forbes' Real-Time Billionaires List.

Monique Handa Shafira, Jakarta – The Deposit Insurance Corporation (LPS) has paid out Rp 300 billion in deposit claims to customers of 11 small banks that went bankrupt in 2024.

Thresa Sandra Desfika, Jakarta – The geopolitical tensions in the Middle East have significantly impacted the Indonesian stock market (IDX), causing the Jakarta Composite Index to decli

Indah Handayani, Jakarta – Indonesia's foreign exchange reserves dropped from $140.4 billion in March to $136.2 billion the following month, according to Bank Indonesia.

Jakarta – The OJK releases a new regulation obliging banks to increase their capital. This anticipates a threat to the banking sector as a result of volatile geopolitics.

Faisal Maliki Baskoro, Jakarta – The Indonesian stock market reached the Rp 12 trillion ($740.6 billion) milestone this week, with inflation remaining within Bank Indonesia's target.

Faisal Maliki Baskoro, Jakarta – The Commodity Futures Trading Regulatory Agency (Bappebti) reported a significant surge in cryptocurrency transactions in Indonesia in March 2024.

Grace el Dora, Jakarta – The rupiah weakened further against the dollar in Tuesday's trading.

Jakarta – The Indonesian Stock Exchange (IDX) Composite closed significantly lower on Friday, dropping by 119.21 points, 1.67 percent, to 7,036.07, the new lowest point this year.

Vinnilya, Jakarta – The Indonesia Stock Exchange (IDX) saw a drop in the Composite Stock Price Index at the opening of Thursday's trading session, falling to 7,176 and briefly touching