Indonesia’s Tax Ratio Still Low Compared to ASEAN and G20 Countries
Minister of Finance Sri Mulyani Indrawati has highlighted a concern regarding Indonesia's tax ratio in relation to its gross domestic product (GDP), stating that...
The Probability of Indonesia Entering a Recession is Only 1.5%
President Joko Widodo, known as Jokowi, has highlighted the economic situations of various countries worldwide, noting that nations like Japan and the United Kingdom...
President Jokowi Highlights Economic Progress and Stability Post-2024 Elections
President Joko Widodo, commonly known as Jokowi, delivered the latest economic overview of Indonesia following the 2024 General Elections. In a gathering organized by...
Indonesia and India Transform from ‘Fragile Five’ to Investor Favorites
Indonesia and India, once labeled as part of the "Fragile Five" by Morgan Stanley, have undergone a significant transformation, emerging as investor favorites. The...
Back to Pre-Pandemic Levels, Bali’s Economic Growth Soars by 5.7% Throughout...
Bali Bounces Back! The Island of Gods Bali has fully recovered after being the province most affected by the Covid-19 pandemic. The Central Statistics...
Virtual Accounts Dominate with 50% of Total Payment Volume, a 7%...
The digital landscape in Indonesia is witnessing a surge in popularity for online transactions, with virtual accounts emerging as the go-to platform for digital...
Bank Indonesia Reports Modest 3.8% Growth in Third Party Funds (DPK)...
In the fiscal year 2023, Bank Indonesia (BI) reported a modest 3.8% growth in Third Party Funds (DPK), amounting to Rp 8,234.2 trillion. The...
Incentive Strategies Unveiled by Minister Airlangga Hartarto Following Entertainment Tax Hike
Minister of Economic Affairs Airlangga Hartarto has announced the development of incentives in response to the increase in entertainment tax for specific venues, rising...
OJK Reports Robust Growth in Online Loans, Surpassing Traditional Banking Expansion...
In a financial landscape increasingly shaped by digital innovations, the disbursement of online loans, often referred to as "pinjol" in Indonesia, continues its remarkable...
Investors Foreseen to Persist, Aiming for 15.5 Million Even Amidst the...
Indonesia is gearing up for the political year of 2024. Surprisingly, this democratic celebration does not seem to burden the investment market. The target...
