DKI Jakarta Digital Transaction Reaches 3.9 Million Merchants
The digital transaction systems in traditional markets and shopping centers in DKI Jakarta continue to grow and reach 3.9 million merchants. This figure shows...
Indonesia Purchasing Managers’ Index Soars to 53.7 Points
The national economic recovery has shown significant good progress. One of the contributors is the manufacturing sector. This can be seen in the Indonesia...
BI Projects 2022 Inflation to Reach 6.5%
Bank Indonesia (BI) has just submitted its projection of 2022 inflation expectations. According to BI, the rate of inflation expectations this year could reach...
Indonesia-Malaysia Renew Local Currency Bilateral Swap Agreement
Indonesia has again established good relations with Malaysia. Relations between the two countries will be even closer due to the Local Currency Bilateral Swap...
The World Will Be in Recession Next Year
The threat of a recession is getting real. The world is now predicting a recession in 2023. The Minister of Finance, Sri Mulyani, explained...
Indonesia’s International Investment Position in September Declines
Indonesia's International Investment Position (PII) in the second quarter of 2022 recorded a decrease in net liabilities. At the end of the second quarter...
Directorate General of Taxes Explains Latest Advanced Tax Administration System
Indonesian taxation is improving by presenting advanced technology in its operations. The Directorate General of Taxes at the Ministry of Finance (Kemenkeu) is working...
BI Increases BI7DRR by 4.25%
After last August Bank Indonesia (BI) raised the benchmark interest rate for the first time in 45 months, now they are raising the BI...
Indonesia Signs US$1 Billion Trade Contracts at G20
Indonesia managed to secure trade contracts worth nearly US$ 1 billion from 23 trade contracts in the G20 Trade, Investment, and Industry Ministerial Meeting...
Government Prepares New Tax IT System
The government, through the Directorate General of Taxes (DGT) of the Ministry of Finance, is preparing a major project related to tax reform. This...
