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Credit Cards Circulation in Indonesia Reaches 16.58 Million

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

Benchmark Interest Rates Officially Rise, Rupiah Strengthens!

Bank Indonesia (BI) decided to increase the BI 7 Days Reverse Repo Rate (BI7DRR) by 25 basis points to 3.75%. This policy was decided...

Bank Indonesia: Bank Loans Will Grow 9.2%

Bank Indonesia (BI) presented the results of its latest banking survey. According to BI, bank loans are expected to grow by 9.2 percent in...

BUMN Earn Rp. 126 Trillion in 2021, the Financial Performance Is...

BUMN (state-owned enterprise) booked a net profit of up to Rp. 126 trillion in 2021. According to the Minister of BUMN, Erick Thohir, this...

Indonesia’s Inflation Is Still Safe

The world is in the shadow of crisis and recession. Several countries experienced significant increases in inflation. Some countries are even facing bankruptcy. Fortunately,...

Indonesia’s Foreign Debt Decreases

During news of inflation and a heating up economy, there is still one encouraging news for Indonesia. Bank Indonesia (BI) reported that its external...



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