IMF Warns of Serious Economic Impact from US Default on Debt
The International Monetary Fund (IMF) has warned of the serious consequences of a US default on debt caused by the failure to raise the...
Indonesia’s Economic Resilience Continues: ADB Forecasts 5% Growth for 2023
Indonesia's economic performance has exhibited remarkable stability, demonstrating growth rates surpassing the 5% threshold for a continuous span of seven quarters. In a recent...
Indonesian Workers Will Held a Massive Protest on 10 November 2021
Workers protest in demand of increasing the minimum wage and omnimbus law.
The Confederation of Indonesian Trade Union (KSPI) will conduct waves of protest...
Rupiah Strengthens amid Bad Issues. Will It Weaken Again?
The Rupiah exchange rate strengthens sharply today, Wednesday (26/1). As of today, the Rupiah exchange rate strengthens at Rp. 14,332 per US dollar. That...
Oil Price Soars US$ 116/Barrel, Highest Since 2008
The price of US crude oil continues to soar. Noted, this price increase touched the highest number since the 2008 financial crisis. The dominant...
Palm Oil Plantation Development Program in East Kalimantan Will Continue
The government's plantation program in East Kalimantan is still continuing. One of the ongoing programs is the development of oil palm plantations. This program...
Indonesia Opens Oil Refinery Investment Opportunities with Saudi Arabia
The Minister of Energy and Mineral Resources held a meeting with the Minister of Energy of the Kingdom of Saudi Arabia, HRH Prince Abdulaziz...
Don’t Worry, Benchmark Interest Rates Will Not Rise Again
Bank Indonesia (BI) has reiterated that there is no need for interest rates to rise any further. Several factors such as the forecasted inflation...
No Longer Free, Bank Indonesia Imposes MDR Fees for QRIS Transactions
In a recent development, Bank Indonesia (BI) has implemented the Merchant Discount Rate (MDR) for merchants utilizing the Quick Response Indonesian Standard (QRIS) services....
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...
