Jakarta – The rupiah weakened to Rp 15,025 per United States dollar at 11:37 a.m.

Jakarta – The Finance Ministry's Customs and Excise Office has issued a regulation to lower the import limit for online shopping to only US$75 from the initial $100.

Jakarta (Antara) – Sandiaga Uno, a vice presidential candidate of presidential candidate Prabowo Subianto urged millennials generation (those who were born between 1980s and 2000s) to n

Jakarta – Large banks sold US$1 at more than Rp 15,000 on Wednesday as external pressure against the currency continues even though Bank Indonesia (BI) had intervened in the market.

This is not the time to live ostentatiously, according to Indonesian Vice President Jusuf "JK" Kalla's statements regarding the rupiah's dramatic slide against the US dollar.

Andita Rahma, Jakarta – Gerindra patron chief Prabowo Subianto has again criticized the government's effort in managing the state debt.

Shotaro Tani, Jakarta – The Indonesian rupiah fell to its lowest mark against the U.S.

Wahyudi Soeriaatmadja, Jakarta – President Joko Widodo has pledged to tackle Indonesia's widening current account deficit, which is seen to reach about US$25 billion (S$34 billion) this

Jakarta – Moody's investor service has estimated that the Indonesian government will likely narrow the fiscal deficit in the 2019 state budget, but that the strains on debt affordabilit

Kuala Lumpur – Indonesia's rupiah has regained the crown of being Asia's most volatile currency.

Jakarta – Finance Minister Sri Mulyani Indrawati has responded to criticism raised by People's Consultative Assembly (MPR) Speaker Zulkifli Hasan on the government's debt, saying that a

Jakarta – The Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry

Marchio Irfan Gorbiano, Jakarta – Bank Indonesia (BI) raised its key rate on Wednesday in a move to maintain the competitiveness of the domestic financial market and to rein in swelling

Karthika Suresh Namboothiri, Jakarta – Indonesian shares plummeted on Monday (13/08) in their worst drop in nearly two years as emerging market currencies faced a deep selloff, causing

Shotaro Tani, Jakarta – Indonesian President Joko Widodo is deploying series of defensive tactics – some rather unconventional ones – to prevent the sell-off of the country's currency,

Jakarta – Moody's Investors Service has changed its outlook for the Indonesian banking system from positive to stable.

Jakarta – Coordinating Economic Minister Darmin Nasution has warned that Indonesia relied very much on foreign capital because of the low savings rate among Indonesians.

Maikel Jefriando, Jakarta – Indonesia's president called on Tuesday for the immediate implementation of a plan to widen the use of biodiesel that his economic ministers hope will cut th

Jakarta (Bloomberg) – As foreign funds continue to dump Indonesian stocks and bonds, President Joko Widodo is chasing dollars from tourism and exports to help contain a widening current

Anton Hermansyah, Bogor, West Java – The government has asked major exporters to park their export revenue in Indonesia and convert it into rupiah to help bolster the currency's exchang

Jakarta – Bank Indonesia (BI) has projected this year's current account deficit to hit US$25 billion, a significant increase over last year's $17.53 billion or 1.73 percent of the gross

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange reserves slid to US$119.8 billion as of June, lower than the $122.9 billion recorded a month earlier as Bank Indonesia (BI

Marchio Irfan Gorbiano, Jakarta – Bank Indonesia's decision to raise its key rate by 100 basis points (bps) in the last two months in an aggressive move to stabilize the rupiah against

Jakarta – Indonesia's central bank on Friday raised interest rates for the third time in six weeks as it moves to shield the rupiah from a selloff in emerging market currencies.

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign debt stood at US$356.9 billion as of April, growing by 7.6 percent year-on-year (yoy), which was slower than the 8.8 percent growth

Harry Suhartono – Indonesian currency tumbled to a 31-month low and bonds fell for a second day as foreign investors dumped the nation's assets after a spike in benchmark U.S. yields.

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange reserves stood at US$124.9 billion in April, lower than the $126 billion recorded a month earlier, Bank Indonesia (BI) ann

Indonesia's rupiah traded above 14,000 to a U.S.

May 1998 was a watershed moment in Indonesian history.

Abdil Mughis Mudhoffir – The appearance of the Indonesia Solidarity Party (Partai Solidaritas Indonesia, or PSI) – bearing the slogan of "the millenials' political party" – as a new par

Puji Rianto – An old video of a local preacher Abdul Somad has gone viral.

Dion Bisara & Adinda Putri, Jakarta – Niken Larasati, 25, diligently saves money but it seems her bank savings will not grow as she had imagined.

Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo called on banks to diversify their loan disbursement to micro, small and medium enterprises (MSMEs) to help them expand their

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign debt stood at US$347.3 billion in November last year, growing by 9.1 percent year-on-year (yoy), according to Bank Indonesia's (BI)

Jakarta – Bank Indonesia (BI) has teamed up with the National Police to prevent transactions using cryptocurrency bitcoin in Bali after the central bank declared it an illegal form of p

Yudith Ho – Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens.

Prima Wirayani, Jakarta – Bank Indonesia's (BI) hopes of lawmakers deliberating the redenomination bill this year have been dashed.

Jakarta – Thousands of ATMs and electronic card payment machines in Indonesia went offline over the weekend, and it might take two more weeks before full service is restored, after an outage from a

Aisyah Llewellyn – When tourists in Indonesia change money for the first time, they often get quite a shock.

Jakarta – Loans extended by Indonesian banks grew 7.7 percent in June from a year earlier, the slowest pace for any month since October, the financial services authority said on Friday.

Jakarta – Finance Minister Sri Mulyani has announced that the rupiah redenomination bill would not be submitted to the House of Representatives for deliberation this year.

Anton Hermansyah, Jakarta – The House of Representatives approved into law on Thursday Government Regulation in Lieu of Law (Perppu) 1/2017 on financial information, which allows tax officials to a

Jakarta – The government has expressed its support of Bank Indonesia's (BI) proposal to revive plans to redenominate the rupiah, but has yet to decide how many zeroes will be removed from the curre

Jakarta – Bank Indonesia (BI) has urged members of the House of Representatives' Commission XI overseeing financial affairs to start debating the draft law on redenomination – the elimination of th

Jakarta – Business tycoon Hary Tanoesoedibjo has been named a suspect for allegedly threatening an Attorney General's Office investigator working on a tax fraud case in which he is implicated.

Karis Salna, Singapore – What's good for Indonesia's fiscal chiefs is proving a headache for the central bank.

Anton Hermansyah, Jakarta – The government is still struggling to reduce the deficit for the 2018 State Budget to below Rp 100 trillion (US$7.52 billion) from Rp 109 trillion in the 2017 State Budg

Jakarta – The Indonesian government has decided to revise its plan to examine financial data on the back of major outcry from micro, small and medium enterprises (MSME).

Fedina S.

Tanjung Pandan, Bangka Belitung – The Directorate General of Taxation has said that it achieved 75 percent of its target in the tax amnesty that ended on March 31, in what was recorded as the bigge