Banking Credit Grows Up to IDR 6,314.4 Trillion
Banking credit grows 11.7 percent on an annual basis (year-on-year/yoy). This was influenced by bank lending which reached IDR 6,314.4 trillion as of October...
Bank Indonesia Reports Increase in Third-Party Funds Collection
The Indonesian Central Bank (BI) has reported an increase in the collection of third-party funds (DPK) in February 2023 to IDR 7,775.7 trillion or...
Government’s Debt Reaches Rp7,805.19 Trillion in June 2023, Raising Concerns About...
As of June 2023, Indonesia's financial landscape witnessed a notable development as the government's debt position surged to Rp7,805.19 trillion. This increase has led...
Rupiah Considered as One of The Best Currency in Asia –...
Bank Indonesia stated that Rupiah considers as one of the best currencies in Asia today. Especially among developing Asian countries.
"Far below us are Thailand,...
Luxury Car Sales Weak in Early 2022
Car sales in retail sales of January 2022 reached 78,568 units. This figure actually shows a growth of 45.5 percent compared to 53,997 units...
2022 Tax Revenues Have Passed Half the Target
State tax revenues throughout this month have reached Rp. 112.39 trillion or in line with the first quarter trend. This makes tax revenues, until...
Tax Revenue Skyrocketed to IDR 21 Trillion in Just 4 Months!
The state tax received an additional super large fund of up to IDR 21 trillion in just 4 months. According to the Minister of...
Indonesia’s Inflation in 2023 Could Decrease But Remain High
Inflation is still a tough challenge for Indonesia. Bank Indonesia (BI) estimates that 2023 inflation in Indonesia could reach 4%. This forecast shows a...
DJP Imposes Lower Tax Rates on Collateral Goods in Auctions to...
The Directorate General of Taxes (DJP) of the Ministry of Finance has recently revealed that the Indonesian government is currently imposing a Value Added...
Strong 6.4% Growth, Bank Indonesia Reveals Increase in Broad Money (M2)...
Bank Indonesia (BI) has recently released a report highlighting the evolving liquidity landscape of the Indonesian economy, specifically focusing on broad money or M2....
