Mandatory Electronic Stamp for Securities Documents over 5 million Rupiahs

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Documents with a value of over 5 million rupiahs have to be affixed with an electronic stamp. This is also subsequently subject to Tax...

Minister of Finance Brings Good News Amidst Uncertain Global Situation

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Minister of Finance Sri Mulyani Indrawati brings promising news regarding the domestic economy, amidst reports of several countries worldwide facing challenging times. During a...

Indonesia Will Have 3 Legal Payment Instruments

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One more valid means of payment in Indonesia will be added. This can happen after the digital currency is recognized by the state. Currently,...

Bank Credit Distribution in Indonesia Grows Rapidly in February 2023

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The distribution of bank credit in Indonesia has seen a rapid growth in February 2023, driven by the strong performance of corporate debtors. According to...

The Government is Try to Develop Industrial Areas in Various Regions

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President Joko Widodo (Jokowi) encourages business actors who open businesses in industrial areas to collaborate with micro, small and medium enterprises (MSMEs) and vocational...

Pertamax Price Increase Discourse Does Not Cause Inflation

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World oil prices that continue to rise and tend to be unstable have caused several countries to adjust their fuel prices. In Indonesia, several...

The House of Representatives Passes the Financial Omnibus Law

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The government through the House of Representatives (DPR) is trying to continue to maintain the stability of the national financial system. One of these...

Credit Cards Circulation in Indonesia Reaches 16.58 Million

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The government recently launched a domestic government credit card. This launch increased the number of credit cards circulation. as of June 2022, the number...

Throughout 2022, Several Negative Catalysts Made Indonesia’s Credit Default Swap Rate...

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Indonesia's credit default swap rate continues to increase throughout 2022. Several negative catalysts from the international community contributed to influencing the level of the...

De-dollarization Continues, Cross-Border LCT Transactions Surge by Over 100%

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In a bid to lessen reliance on the US dollar (de-dollarization), Indonesia is ramping up efforts in Local Currency Transactions (LCT). The latest data...

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