Indonesia Ranks Seventh in Global IPO Activity by Q3 2024
Indonesia's capital market continues to shine, with 34 companies conducting initial public offerings (IPOs) by the third quarter of 2024. This achievement places Indonesia...
Indonesia Becomes the World’s Largest Sukuk Issuer, Reaching up to USD...
Bank Indonesia’s recent achievements have positioned Indonesia as the world’s leading issuer of sukuk, outpacing even the Islamic Development Bank (IsDB). With nearly USD...
Indonesia Prepares to Implement 15% Global Minimum Tax Starting in 2025
Starting in 2025, Indonesia will officially adopt the global minimum tax (GMT), an initiative led by the Organisation for Economic Cooperation and Development (OECD)...
Indonesia and South Korea Take Bold Step to Move Away from...
Countries worldwide are increasingly seeking to reduce their reliance on the US Dollar in international transactions, and Indonesia is no exception. Towards financial independence,...
The Indonesian Government Confirms VAT Increase to 12% on January 1,...
The uncertainty surrounding Indonesia's Value Added Tax (VAT) increase has finally been laid to rest. Starting January 1, 2025, the VAT rate will officially...
QRIS Helps Reduce Counterfeit Money Fraud
As Indonesia embraces rapid digitalization, QRIS (Quick Response Code Indonesian Standard) is proving to be a game-changer in financial transactions, offering a robust solution...
IMF Forecasts Indonesia’s Economic Growth to Reach 5% in 2024, Still...
The International Monetary Fund (IMF) has decided to stick with its current projections for Indonesia's economic growth for both this year and the next,...
Indonesia Seeks to Attract Investments from Ultra-Wealthy Individuals through Family Offices
As Indonesia navigates the complexities of global economic competition, the government is turning its attention to a unique strategy aimed at attracting investments from...
QRIS and PayLater Dominate Payment Methods, Card Methods Falling Behind?
The wave of rapid digitalization is transforming every facet of Indonesian society, and the financial sector is no exception. Traditional financial transactions using ATM/debit...
Indonesia and Austria Strengthen Economic Ties with 9.8% Increase in Trade
Austria remains a crucial trade partner for Indonesia in Central Europe, with bilateral trade volumes consistently rising. Last year, trade between the two nations...
