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

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

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.

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 – 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

Amelia Rahima Sari, Jakarta – The Finance Ministry reported that as of January 31, 2024, the Indonesian government's debt had reached Rp8,253.09 trillion.

Arnoldus Kristianus, Jakarta – As of January 2024, the Finance Ministry has recorded the Indonesian government's debt at Rp 8,253.09 trillion ($528 billion), constituting 38.75 percent

Prisma Ardianto, Jakarta – The amount of individual and corporate savings in Indonesia totaled Rp 2,668.9 trillion ($171 billion) in January, an increase of 4.2 percent from the same mo

Jakarta – Indonesia's balance of payments posted a $6.3 billion surplus in 2023, according to Bank Indonesia.

Jakarta – The Indonesian banking sector remains attractive to foreign investors, according to Dian Ediana Rae, the Banking Supervisory Executive Head at the Financial Services Authority

Arnoldus Kristianus, Jakarta – The government has issued state bonds amounting to Rp 107.6 trillion ($6.9 billion) to fund the state budget as of January 31.

Hong Kong, China – HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax profits soared by nearly 80 percent, with the banking giant also announcing further share buybacks.

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) decided to keep the benchmark interest rate at 6 percent during the Board of Governors Meeting on Feb.

Annisa Febiola, Jakarta – In less than two months into 2024, the Financial Services Authority or OJK had revoked the business permits of four rural banks (BPR).

Deni Ghifari, Jakarta – The rupiah has strengthened since the beginning of February and hit a monthly high on the eve of the presidential election.

Matthew Burgess, Ruth Carson and John Cheng – Indonesia successfully overcame its Fragile Five days and survived a risky money-printing exercise to become a key emerging market for inve

Faisal Maliki Baskoro, Jakarta – Indonesia's largest banks posted positive results as the country's economy continued its recovery in the post-pandemic era.

Ankur Banerjee, Singapore – Indonesian markets, after a period of relative calm, are showing signs of concern about the prospect of a drawn out national election and the possibility of

Jakarta – Bank Mandiri announced on Wednesday that it had achieved a record-high net profit of Rp 55.1 trillion ($3.5 billion) in 2023, reflecting robust growth of 33.7 percent year-on-

Monique Handa Shafira, Jakarta – The Finance Ministry's Directorate General of State Assets (DJKN) has introduced new rules allowing foreign nationals (WNAs) to take part in government

Monique Handa Shafira, Jakarta – The central bank has allocated funds amounting to Rp 260 trillion ($16.63 billion) ahead of major celebrations, including the 2024 elections, Ramadan, a

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) announced that as of November 2023, Indonesia's foreign debt (ULN) has reached $400.9 billion (Rp 6,231 trillion), reflecting a 2.0

Jakarta – The most recent election debate, which had our presidential candidates spar over foreign and defense policy last Sunday, at one point veered off into a heated exchange about d

Rizky Ramadhan, Jakarta – The Financial Services Authority (OJK) has successfully shut down operations of 2,248 illegal online loans (pinjol) and 40 illegal investments in 2023.

Trista Nagel, Herman, Jakarta – Presidential candidate Prabowo Subianto said on Sunday Indonesia has never failed to repay its debt and that no one should worry about the national sover

Indah Handayani, Jakarta – According to data from the Commodity Futures Trading Regulatory Agency (Bappebti), the total number of cryptocurrency investors in Indonesia reached 18.25 mil

Monique Handa Shafira, Jakarta – Trade Minister Zulkifli Hasan estimates that e-commerce transactions will reach Rp 533 trillion ($34.41 billion) in 2023, a 10.69 percent increase compa

Winda Destiana Putri, Jakarta – The government's outstanding debt has reached Rp 8,041 trillion ($518.8 billion) as of November 2023, yet a Finance Ministry official said on Tuesday tha

Jakarta – Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65 per cent of gross domestic product (GDP) based on una

Defara Dhanya Paramitha, Jakarta – The rupiah closed up by 18 points to trade for 15,399 per US dollar at the close of this year's trade on Friday, December 24, 2023.

Jakarta – The Indonesia Stock Exchange (IDX) Composite (IHSG) was back in the green on Friday, surging by 0.39 percent, or 27.90 points, to close at 7,237.52 ahead of the vice president