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The government aims to boost bank lending to micro, small and medium enterprises (MSMEs) by raising the credit target from Rp 1.5 quadrillion (US$84.6 billion) to Rp 2 quadrillion in 2027, but doubts remain over whether the move will effectively address structural issues that have hindered lending to the sector.
5 hours agoBank Jakarta is moving ahead with its plan for an initial public offering (IPO) in June 2027 while cautioning that the move would still depend on capital market dynamics. ...
9 hours agoThe Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program. ...
11 hours agoThe weak results underscored the post-pandemic fragility of China's aviation sector, as the trio confronted what China Eastern described as a profit environment "severely undermined" by disrupted international routes and persistently elevated jet fuel prices linked to the Middle East conflict.
11 hours agoBessent said in an interview ahead of a G20 finance leaders meeting that the current flood of exports from China was unsustainable, even though the US direct trade position with China was "rapidly improving."
12 hours agoThe National Energy Council (DEN) has called on the government to intensify supervision of subsidized 3-kg liquefied petroleum gas (LPG) distribution as consumption is projected to exceed the 2026 quota.
12 hours agoThe dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh, while the yen slipped back through the closely watched 160-per-dollar level.
17 hours agoFive years after its establishment, the Indonesia Investment Authority (INA) has demonstrated how strong governance, commercial discipline and global partnerships can mobilize long-term capital while supporting Indonesia's sustainable economic development.
19 hours agoAs relief operations continue in East Nusa Tenggara, attention is turning to the harder, slower work of recovery, especially for children.
1 day agoIndonesia's current account deficit reached a historic high in the second quarter that, if sustained, would put new pressure on the rupiah’s exchange value.
1 day agoEurope's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said.
1 day agoThe Indonesia Stock Exchange (IDX) has started trials with exchange members to drop the minimum stock price floor from Rp 50 (0.28 US cents) to just Rp 1, ensuring readiness among the members and securities firms for the upcoming changes.
1 day agoPresident Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.
2 days agoThe government reported 18.22 percent year-on-year growth in the applications and games subsector in 2025, with locally developed games contributing around Rp 750 billion ($42.2 million) in 2024.
3 days agoThe event offers prospective homebuyers a range of financing options, including down payments starting at 1 percent, mortgage rates from 2.75 percent per year and loan tenors of up to 30 years.
3 days agoIndonesia’s state asset fund has marked one of its largest investments in the global private markets through a $1 billion private credit mandate to Partners Group, according to Bloomberg.
3 days agoThe deal brings sweeping changes to Meta's Facebook and Instagram platforms in the United States, including imposing a default two-hour limit on its apps for users under the age of 18.
3 days agoOil prices were headed for weekly losses as Iran and Oman had agreed on administering traffic in the Strait of Hormuz and sharing revenues.
3 days agoA race between member countries to attract factories undermines ASEAN ambitions to become a unified economic powerhouse, analysts say.
3 days agoThe House of Representatives has confirmed Destry Damayanti for the Bank Indonesia (BI) governor position for a full five-year term.
4 days agoIndonesia’s shipbuilding industry is facing mounting pressure from a lack of domestic orders for ship construction that has persisted since the coronavirus pandemic.
4 days agoIn July, Pos Indonesia also missed a payment of Rp 24.12 billion on the sixth periodic return of its Sustainable Ijarah Sukuk I Phase I 2024.
4 days agoThe alert comes amid concerns over the country's upstream production performance, with average oil production from January to July 2026 standing at 578,156 barrels per day, only 95 percent of the 610,000 bpd target set in the state budget.
4 days agoNvidia has forecast a 70 percent ​jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how quickly it can expand.
4 days agoExperts argued that SOE banks still need to assess the commercial viability of the cooperatives and not just rely on the government backstop.
4 days agoMore than 14,000 runners from 46 countries convened in Gianyar, Bali, for Indonesia’s first World Athletics Elite Label Road Race.
5 days agoIn a vetting process at the House of Representatives, Bank Indonesia (BI) governor nominee Destry Damayanti signaled continuity in monetary policy but emphasized a commitment to pushing economic growth should she be approved for the top job at the central bank.
5 days agoGeorgieva said that there was a "tug of war" between the negative Gulf energy supply shock and growth tailwinds from the artificial intelligence investment boom that was starting to spread beyond US borders.
5 days agoGAPKI chairman Eddy Martono said that the significant impact of a severe El Niño on palm oil production could be felt as early as next year.
5 days agoINKA's products have been exported to countries including Bangladesh, the Philippines, Malaysia, Thailand, Singapore, Australia and New Zealand.
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