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

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

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 – 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.

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

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.

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).

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

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

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.

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

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 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

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.

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.

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

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) increased the benchmark BI-Rate by 25 basis points to 6.25 percent, citing escalating geopolitical tensions in the Middle East and ris

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) reported that Indonesia's Foreign Debt (ULN) stood at $407.3 billion in February 2024, showing a 1.4 percent year-on-year increase.

Jakarta – The changing tide of the rupiah's interaction with the United States dollar has put Bank Indonesia (RI) between a rock and a hard place.

Jakarta – Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to gr

Melbourne – Bank Indonesia (BI) stepped in to support the rupiah after the currency weakened past 16,000 per US dollar for the first time in four years.

Yudono Yanuar, Jakarta – The depreciating trend of the rupiah against the US dollar persisted in the recent week.

Bali and Jakarta, Indonesia – Late last year, Balinese woman Nih Lu Putu Rustini got the shock of her life when she tried to withdraw cash from an ATM to complete a renovation project a

Stefanno Sulaiman, Gayatri Suroyo and Ananda Teresia, Jakarta – President-elect Prabowo Subianto will be prudent in fiscal management and uphold laws that limit public debt and annual b

Antara, Jakarta – The Financial Services Authority (OJK) announced on Sunday that the banking credit relaxation stimulus, which was provided to ease the impact of the COVID-19 pandemic,

Tenggara Strategics, Jakarta – The financially troubled Indonesian Export Financing Agency (LPEI), known as Indonesia Eximbank, has suffered from another round of bad debts, resulting f

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has opted to keep its benchmark interest rate, known as the BI Rate, unchanged at 6 percent, in line with analysts' projections.

Indah Handayani, Jakarta – Fitch Ratings has affirmed Indonesia's credit rating at 'BBB' with a stable outlook.

Jakarta – While neither the International Monetary Fund (IMF) nor the World Bank prescribes a universal cap for the budget deficit or government debt for prudent fiscal management, Indo

Arnoldus Kristianus, Mumbai – Bank Indonesia (BI) continues to reduce its dependence on the US dollar (de-dollarization) by forging a partnership with the Reserve Bank of India (RBI).

Faisal Maliki Baskoro, Jakarta – Indonesia's foreign exchange reserves stood at $144.0 billion (Rp 2.255 trillion) at the end of February 2024, maintaining robust levels despite a sligh