Indonesia and South Korea Forge Pact to Move Away from Dollar...

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Bank Indonesia (BI) and the Bank of Korea (BOK) have recently come to an agreement, setting the stage for a shift away from the...

Surge in Industrial Land Sales Signals Robust Growth Amidst Sector Expansion

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The industrial landscape is witnessing a swift surge in land sales, hitting 203.9 hectares in the January-September period, marking Q3/2023. This is a substantial...

Bank Indonesia Aims to Make Digital Rupiah Exclusive Legal Tender

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Bank Indonesia (BI) has unveiled its intention to establish digital rupiah as the exclusive legal payment method in Indonesia. This initiative is part of...

Pressure in the Domestic Financial Market Eases, Foreign Investments Flood Indonesia

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The financial market in Indonesia is experiencing a gradual relief from previous pressures, resulting in a resurgence of the rupiah's value, a decrease in...

Indonesia Adopts Strategic Measures to Achieve 2024 Tax Goal of IDR...

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Tax collection is crucial for Indonesia's income, funding various development programs and supporting fiscal sustainability. Given its importance, the government is taking steps to...

The Economic Growth of Indonesia Ranks Among the Top 5 in...

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In the third quarter of 2023, Indonesia's economic trajectory demonstrated a noteworthy ascent, registering a robust growth of 4.94% in a year-on-year comparison. The...

The Government Ensures Minimum Wage Will Not Decrease Despite Negative Economic...

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The government has officially released Government Regulation (PP) Number 51 of 2023, which pertains to Amendments to Government Regulation Number 36 of 2021 regarding...

Indonesia Achieves Record 42-Month Trade Surplus, Reaching US$3.48 Billion in October...

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Indonesia's post-pandemic recovery is achieving significant milestones, with the nation's trade balance notching a historic surplus of US$3.48 billion in October 2023. This surplus...

Indonesia’s Economy Grows Below 5%, Minister of Finance Reveals the Reasons

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The latest data of Indonesia's economy in the third quarter of 2023 has been released by the Central Statistics Agency (BPS). Surprisingly, the year-on-year...

Sri Mulyani Addresses Rupiah’s Depreciation Amid Global Economic Pressures

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The Indonesian Rupiah has been experiencing a sustained period of depreciation against the US Dollar in recent weeks. Shedding light on the factors contributing...

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