Indah Handayani, Jakarta – The Indonesia Stock Exchange (IDX) witnessed a decrease in its market capitalization, dipping below the Rp 10,000 trillion ($658.5 billion) threshold during t
Banking & Finance
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August 6, 2023
August 1, 2023
Deni Ghifari, Jakarta – The government has highlighted longstanding tax incentives and other policies that seek to lighten the burden on exporters that keep their earnings in country, a
July 26, 2023
Prisma Ardianto, Jakarta – Tech company GoTo, a merger between Gojek and Tokopedia, launched its digital payment app called GoPay on Wednesday.
Jakarta – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their earnings onshore, after business groups complained that new rules made
July 24, 2023
Yohana Belinda, Jakarta – Indonesia has established its own exchange, clearing house and depository for cryptocurrencies.
July 20, 2023
Jakarta – The government will soon enforce a regulation that requires companies exporting mining, plantation, forestry and fishery products to repatriate their export earnings and keep
Aditya Hadi, Jakarta – Finance Minister Sri Mulyani Indrawati and her Indian counterpart, Nirmala Sitharaman, discussed a proposal to settle bilateral transactions with local currencies
July 14, 2023
Arnoldus Kristianus, Jakarta – The Indonesian government obliges exporters of natural resources to keep at least 30 percent of their foreign exchange revenues at local financial institu
July 10, 2023
Prisma Ardianto, Jakarta – The House of Representatives has selected Agusman and Hasan Fawzi to fill two key posts as commissioners at the Financial Services Authority, or OJK, for the
July 9, 2023
Nasori, Jakarta – Indonesia's foreign exchange reserves have experienced a slight decrease of $1.8 billion, reaching $137.5 billion in June compared to the previous month.
July 6, 2023
Indah Handayani, Jakarta – The number of investors in crypto assets has increased by 23 percent to 17.4 million as of May when compared to the same month last year, according to data fr
Muhammad Ghafur Fadillah, Jakarta – President Joko "Jokowi" Widodo has nominated four candidates to fill two key vacant positions at the Financial Services Authority (OJK) to the House
June 22, 2023
Indah Handayani, Jakarta – Bank Indonesia decided on Thursday to retain the benchmark interest rate at 5.75 percent in "continued efforts to stabilize the rupiah exchange rate" and curb
June 20, 2023
Jayanty Nada Shofa, Jakarta – The government expressed confidence on Tuesday that will meet the target for the debt relief program despite a slow start in the first half of the year.
June 14, 2023
Arnoldus Kristanus, Jakarta – Finance Minister Sri Mulyani said on Tuesday the government is decentralizing fiscal policies to promote social justice and improve government services for
Moh Khory Alfarizi, Jakarta – The Indonesian Finance Ministry's Directorate General of Financing and Risk Management's Director of Government Bonds, Deni Ridwan, on Wednesday, said owne
June 9, 2023
Investor Daily, Jakarta – Bank Indonesia reported the country's foreign exchange (forex) reserves dropped to $139.3 billion in May from April's $144.2 billion.
May 30, 2023
Ni Komang Erviani, Jakarta – The Bali administration has warned foreign tourists visiting the popular resort island against making cryptocurrency payments, with the governor, I Wayan Ko
May 23, 2023
Amelia Rahima Sari, Jakarta – The Finance Minister's special staffer for strategic communications, Yustinus Prastowo, stated that the government debt principal and interest rates differ
May 16, 2023
Andra Nasrie – Bank Syariah Indonesia (BSI), the largest Islamic bank in Indonesia, was reportedly hit by a ransomware attack that disrupted its services for several days.
May 10, 2023
Moh Khory Alfarizi, Jakarta – Head economist of Bank Permata, Josua Pardede, on Tuesday, said wealthy people with savings of over Rp5 billion as of March this year grew 9.63 percent.
April 19, 2023
Amelia Rahima Sari, Antara, Jakarta – The Center of Economic and Law Studies (Celios) expert on economy Bhima Yudhistira in a statement on Wednesday revealed the benefits and dis
April 17, 2023
Jakarta – Bank Indonesia (BI) reported recently that its foreign exchange reserves rose by more than US$5 billion from February to the end of March, reaching US$145.2 billion, a level s
April 11, 2023
Vincent Fabian Thomas, Jakarta – Indonesia has responded cautiously to the idea of creating an Asian Monetary Fund as a way to reduce the region's reliance on the United States dollar.
March 30, 2023
Jayanty Nada Shofa, Jakarta – Indonesia has witnessed a sixfold growth in its fintech scene with the number of fintech players growing from only 51 in 2011 to 334 in 2022, according to
Jayanty Nada Shofa, Jakarta – Islamic finance is on the rise in Indonesia, but the country must not miss this chance to pave the way for its dream of becoming the world's largest center
March 28, 2023
Jakarta – It took Bank Indonesia (BI) less than a week to follow up on the President's warning about Indonesia's dependence on foreign credit card networks.
March 27, 2023
Antara, Jakarta – The rupiah slumped at the Jakarta Interbank Spot Dollar Rate [JISDOR] this morning, March 27, with growing market concerns that the banking crisis still has the potent
March 21, 2023
Vincent Fabian Thomas, Jakarta – Bank Indonesia (BI) says it will introduce a domestic credit card system allowing for greater independence and lower fees, as transactions are settled l
March 14, 2023
Hanifah Dwijayanti, Jakarta – Financial Services Authority (OJK) assessed that the trend of illegal online lending is rising ahead of Eid al-Fitr.
February 28, 2023
Jakarta – Why change a winning macroeconomic management team?
February 27, 2023
Moh Khory Alfarizi, Jakarta – The Finance Ministry in the February edition of the State Budget report revealed that the government's foreign debt as of January 2023 reached Rp7,754.98 t
February 24, 2023
Filipe Pacheco and Fathiya Dahrul – PT Pertamina Geothermal Energy ended flat in its Jakarta trading debut after a 9.06 trillion rupiah ($596 million) initial public offering, Indonesia
February 22, 2023
Ankur Banerjee and Patturaja Murugaboopathy, Singapore – A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding ste
Jakarta (Agencies) – President Joko "Jokowi" Widodo has officially nominated Bank Indonesia governor Perry Warjiyo for a second five-year term in the post, a senior lawmaker at the Hous
February 16, 2023
Jakarta – Portfolio investment is on the rise in Indonesia and the country's capital market can help indicate the national economic growth, according to a recent forum.
February 11, 2023
Zsazya Senorita, Jakarta – Indonesia has more crypto users than the total number of individual investors at the Indonesia Stock Exchange or IDX, but the country is still lacking a safe
February 8, 2023
Aditya Hadi, Jakarta – Three of Indonesia's four largest banks have revealed modest goals for loan growth this year, despite surpassing their 2022 targets amid a difficult global enviro
February 4, 2023
Beritasatu, Jakarta – The Commodity Futures Trading Regulatory Agency, or Bappebti, is under the suspicion of maladministration in its process of building the country's crypto ecosystem
February 1, 2023
Heru Andriyanto, Jakarta – Finance Minister Sri Mulyani Indrawati is rumored to get the nomination for Bank Indonesia governorship succeeding Perry Warjiyo, who is set to retire in Apri
Fadhil Haidar Sulaeman, Jakarta – Investment banks are projecting a flurry of merger and acquisition (M&A) activity in Indonesia this year – some driven by sustainable growth prospe
January 20, 2023
Fadhil Haidar Sulaeman, Jakarta – Bank Indonesia (BI) has announced that a rate hike in January is adequate to meet its inflation target, which economists take to mean that the central
January 19, 2023
Jakarta – Indonesian exports, which generated about US$54.5 billion in trade surplus last year, up by 50 percent from 2021, are widely predicted to decline this year due to the weakenin
Billy Adison Aditijanto, Jakarta – An anticipated weakening of the United States dollar will make Indonesian markets more desirable for international investors, helping prop up the rupi
January 18, 2023
Matthew Burgess and Marcus Wong – Overseas investors have returned to Indonesia's bonds en masse, a shift which has helped spur gains in the rupiah.
January 16, 2023
Antara, Jakarta – The Rupiah exchange rate transacted between banks in Jakarta surged on Monday morning which is in line with market expectations for Indonesia's trade balance surplus i
January 9, 2023
Vincent Fabian Thomas, Jakarta – The Indonesian crypto market is unlikely to improve in 2023, with investors braced for another difficult year amid a new regulatory environment.
January 7, 2023
For The Next Week's Trade, Ibrahim Predicted The Rupiah Will Open Sideways And Close On The Lower End Between Rp15,610 And Rp15,670 Per Us Dollar., Jakarta – The Rupiah closed January 6
January 2, 2023
Jayanty Nada Shofa, Jakarta – The Financial Services Authority or OJK recently announced that the Indonesian capital market wrapped up 2022 on a high note, doing much better than other