E-commerce Transactions Are Predicted to Reach IDR 572 Trillion in 2023
Digitalization, which is increasingly expanding to various aspects of life, also influences the shopping style of the Indonesian people. Digital transactions, such as online...
Downstream Nickel Brings Big Profits for Indonesia
Indonesia gets a huge added value from downstream nickel exports. This was conveyed directly by President Joko Widodo (Jokowi).
President Jokowi stated that due to...
The Government Changes Business Credit Interest to 3% for the...
During the Covid-19 pandemic, with subsidies, the government set the People's Business Credit (KUR) interest rate at 3%. This time, they are readjusting the...
OJK Extends Credit Restructuring
The fluctuating Covid-19 has caused the Financial Services Authority (OJK) to extend the restructuring for the next year. This policy will be in effect...
Bye, Paper Money! Electronic Transactions Soar 33%
The value of electronic transactions continues to soar. Bank Indonesia (BI) reports that the total value of electronic money transactions was IDR 98.55 trillion...
Tax Revenue Reaches 97.5 Percent of the Total Target
The Indonesian government believes that this year's tax revenue will exceed the target. Currently, tax revenues reach IDR 1,448.2 trillion, or 97.5 percent of...
BI Predicts There Will Be an Economic Slowdown in 2023
Bank Indonesia (BI) predicts that there will be an economic slowdown in 2023. BI even estimates that the Indonesian economy will grow by 4.37%...
OJK: Local Investors Increase But They Don’t Understand Investment
The Financial Services Authority (OJK) notes that the number of local investors is increasing. This shows that public interest in investment is getting higher....
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...
BI Sets Rupiah Exchange Rate Assumption at Rp. 15,070 per US...
Bank Indonesia (BI), together with Commission XI of the Indonesian House of Representatives, established the rupiah exchange rate assumption at Rp. 15,070 per US...
