Arnoldus Kristianus, Jakarta – The Supreme Court of Indonesia on Monday swore in Thomas Djiwandono, a nephew of President Prabowo Subianto, as Deputy Governor of Bank Indonesia for the
Banking & Finance
Displaying 101 - 150 of 1106 Documents
February 9, 2026
Chesa Andini Saputra, Jakarta – The Indonesia Stock Exchange (IDX) has tightened its disclosure rules, requiring shareholders with ownership stakes of 1% or more to disclose their ident
February 8, 2026
Anastasya Lavenia Yudi, Jakarta – The debt rating agency Moody's has downgraded the outlook for five major banks in Indonesia from stable to negative.
February 7, 2026
Faisal Maliki Baskoro, Jakarta – The Jakarta Composite Index (JCI) extended its recent downturn over the week of Feb.
February 6, 2026
Ankur Banerjee and Stanley Widianto, Jakarta/Singapore – Indonesia's stocks and currency skidded on Friday after Moody's lowered the country's credit rating outlook, the latest jolt for
Faisal Maliki Baskoro, Jakarta – Indonesia's banking sector is positioning for a modest rebound in 2026 after credit growth cooled to single digits last year, with economists expecting
Ria Fortuna Wijaya, Muhammad Aulia Rahman, Jakarta – Indonesian authorities have unveiled a sweeping overhaul of the country's capital markets, combining tougher trading rules with rare
Akmalal Hamdhi, Arnoldus Kristianus, Prisma Ardianto, Jakarta – The Financial Services Authority (OJK) moved to reassure investors after Moody's affirmed Indonesia's Baa2 sovereign rati
February 5, 2026
Eka Jaya Saputra, Bekasi – Indonesia's central bank has launched an investigation after dozens of sacks containing shredded banknote fragments were discovered at a landfill in Bekasi, j
Ilona Estherina, Jakarta – The international credit rating agency Moody's downgraded the Indonesian government's debt outlook from stable to negative on February 5, 2026.
February 4, 2026
Mutia Yuantisya, Jakarta – Indonesian Finance Minister Purbaya Yudhi Sadewa believes that the rupiah exchange rate has room to strengthen to around Rp15,000 per US dollar if it moves in
February 3, 2026
Singapore/London/Jakarta – A stock market collapse is only the latest sign of trouble for Indonesia's capital markets, which are being excluded from a rush to emerging economies, as inv
Muhammad Aulia Rahman, Jakarta – The Indonesian Police said on Tuesday they have frozen bank and securities accounts belonging to several stock brokerage firms worth a combined Rp 674 b
February 2, 2026
Ria Fortuna Wijaya, Muhammad Ghafur Fadillah, Associated Press, Jakarta – Jakarta Composite Index (JCI) plunged nearly 5% on Monday, with investors retreating ahead of crucial MSCI disc
Jakarta – It has been turbulent weeks for the country's economy.
Jakarta – The Indonesian government scrambled to reassure investors this week after a US$80 billion (S$101 billion) stock market rout, triggered by mounting concerns over governance and
February 1, 2026
Bambang Ismoyo, Jakarta – Chief Economic Minister Airlangga Hartarto said on Saturday that the government would not tolerate manipulative practices that undermine the integrity of Indon
Anastasya Lavenia Yudi, Jakarta – The Indonesia Stock Exchange (IDX) recorded a 7.37 percent decline in market capitalization this week, reaching Rp15,046 trillion from Rp16,244 trillio
January 31, 2026
Widi Agustian, Jakarta – Indonesia's benchmark stock index suffered one of its most volatile weeks in recent years in late January, prompting the resignation of senior leaders at both t
January 30, 2026
Muhammad Ghafur Fadillah, Jakarta – Indonesia Stock Exchange (IDX) chief executive Iman Rachman resigned on Friday morning, following two consecutive days of steep market losses that br
Singapore – MSCI is a powerhouse within the $139 trillion asset management industry and its decisions are hugely consequential for countries around the world – as Indonesian investors l
Jakarta – The nomination of Thomas Djiwandono, President Prabowo Subianto's nephew, for Deputy Governor of Bank Indonesia (BI) could damage the independence of the central bank.
Chesa Andini Saputra, Alfi Dinilhaq, Bambang Ismoyo, Jakarta – Indonesia's financial regulators staged an extraordinary collective retreat on Friday, resigning in rapid succession after
January 29, 2026
Singapore – Indonesian stocks on Thursday were plunging toward their largest two-day fall on record as the risk of a downgrade to frontier market status triggered a headlong rush for th
Indah Handayani, Jakarta – Rupiah closed weaker against the US dollar on Thursday, sliding despite a softer greenback, as domestic concerns overshadowed relatively limited external pres
Monique Handa Shafira, Jakarta – Indonesia's financial regulator said it will raise the minimum public shareholding requirement for listed companies to 15%, up from 7.5%, as authorities
January 28, 2026
Celvin Moniaga Sipahutar, Jakarta – Finance Minister Purbaya Yudhi Sadewa said on Wednesday that the sharp sell-off on the Indonesia Stock Exchange (IDX) following a report by MSCI Inc
January 27, 2026
Deni Ghifari, Jakarta – The House of Representatives has officially picked Thomas "Tommy" Djiwandono to become a senior official at Bank Indonesia (BI) following his confirmation hearin
January 26, 2026
Addin Anugrah Siwi, Jakarta – The government aims to raise up to Rp 25 trillion ($1.49 billion) from the sale of Retail Government Bonds (ORI) series ORI029, with all proceeds earmarked
January 24, 2026
Anastasya Lavenia Yudi, Jakarta – Bank Indonesia (BI) recorded a total of Rp5.96 trillion in foreign capital outflow from the domestic financial market this week, based on transaction d
January 23, 2026
Ilona Estherina, Jakarta – Finance Minister Purbaya Yudhi Sadewa stated that the rupiah exchange rate had already begun weakening before Deputy Finance Minister Thomas Djiwandono was no
Ria Fortuna Wijaya, Jayanty Nada Shofa, Jakarta – Indonesia's plan to further tighten mandatory repatriation rules for foreign-currency earnings from natural resource exports is drawing
January 21, 2026
Prisma Ardianto, Jakarta – Bank Indonesia reported that banking credit growth slowed to single digits at the end of 2025, reflecting moderating demand even as monetary conditions eased
Anastasya Lavenia Yudi, Jakarta – Indonesia's central bank, Bank Indonesia, has kept its benchmark rate at 4.75 percent.
Ria Fortuna Wijaya, Jakarta – Bank Indonesia (BI) kept its benchmark interest rate unchanged at 4.75% after a two-day policy meeting, signaling a continued focus on rupiah stability ami
Anastasya Lavenia Yudi, Jakarta – The nomination of Deputy Finance Minister Thomas Djiwandono as Deputy Governor of Bank Indonesia (BI) has the potential to undermine the central bank's
January 20, 2026
Jakarta/Singapore – Finance Minister Purbaya Yudhi Sadewa pledged on Tuesday to uphold the independence of the central bank, after lingering fears about government interference in monet
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
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
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
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
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.
