Bank Indonesia Highlights 3 Major Challenges Threatening Financial System Stability
Bank Indonesia (BI) has identified three significant challenges that continue to impact Indonesia's financial system stability. Deputy Governor Juda Agung outlined these challenges and...
Indonesia’s Economic Performance Astonishes G20 Advanced Countries, How Come?
In recent years, Indonesia's economic performance has garnered significant attention on the global stage. The latest buzz came from the G20 meeting in Brazil,...
President Jokowi Plans VAT Increase to 12% by 2025, Ministry of...
President Joko Widodo, commonly known as Jokowi, has been proactive in planning for the future, as far back as 2021, particularly concerning the proposed...
Indonesia’s Banking Sector Shows Resilience Amidst Global Challenges, Says OJK
The Financial Services Authority (OJK) has provided an assessment regarding the stability of Indonesia's banking sector amidst global challenges, particularly in the commercial property...
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...
