Surge in Industrial Land Sales Signals Robust Growth Amidst Sector Expansion
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...
Asian Economic Outlook Drops to 4%
The International Monetary Fund (IMF) has cut its projection for Asian economic growth to 4 percent in 2022. This figure is due to some...
Bank Account Numbers Will Not Be Used Again in Indonesia
A bank account number is needed as an "address" for both the sender and the recipient. However, bank account numbers will become extinct in...
McDonald’s and KFC Cut ‘Efficiency Packages’
American fast-food restaurants McDonald's and KFC reduced product prices by US$5 per serving down. This is done in order to encourage combination food products...
BI Gives Latest Update Regarding Digital Rupiah
The era of digitalization has made Bank Indonesia (BI) issue the latest breakthrough, digital money. BI revealed that it is still preparing to issue...
BI Records Foreign Capital Inflows into Indonesia Reaching Rp 7.10 Trillion
Bank Indonesia (BI) has recently reported significant foreign capital inflows into the domestic financial market, amounting to Rp7.10 trillion during the second week of...
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’s Foreign Exchange Reserves Increase US$3.8 Billion in Just a Month
Indonesia's foreign exchange reserves reached US$134.0 billion as of November 2022. This was confirmed by Bank Indonesia (BI).
That way, this position has increased compared...
No Longer in Using USD, Transactions between RI-China Using Rupiah and...
Bank Indonesia (BI) stated that trade transactions between Indonesia and China are ready to use Rupiah and Yuan currencies. In other words, these two...
Hyundai and LG Build Electric Car Battery Factory in Indonesia
Hyundai Motor Group and LG Energy Solutions Ltd. will build a venture to produce electric vehicle batteries in the country to ensure a supply...
