Indonesia and India Transform from ‘Fragile Five’ to Investor Favorites

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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...

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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%...

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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)...

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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

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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...

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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...

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Indonesia is gearing up for the political year of 2024. Surprisingly, this democratic celebration does not seem to burden the investment market. The target...

Anticipated Christmas and New Year Holidays Surge Projected to Boost Economy...

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The festive air of Christmas 2023 and the upcoming New Year 2024 is ushering in a renewed sense of mobility among the Indonesian populace,...

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...

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