Govt Seeks Sustainable Debt Solution for KCIC “Whoosh” High-Speed Rail
The Jakarta–Bandung high-speed rail project, known as “Whoosh,” is under financial scrutiny as the Indonesian government explores debt resolution strategies.…
Category: Finance
QRIS has reached 58 million users, with 41 million from MSMEs
Indonesia’s QRIS digital payment system is entering a new era of cross-border interoperability, with China and South Korea joining the…
OJK Pushes for Revival of MSME Bad Loan Write-Off Policy
Indonesia’s micro, small, and medium enterprises (MSMEs) remain the backbone of the national economy—but many are still trapped under the…
BI Develops Digital Rupiah CBDC Backed by Government Bonds
Bank Indonesia is entering a new era of monetary innovation with the development of the Digital Rupiah, a central bank…
Bank Mandiri Disburses Rp40.7 Trillion in SAL Funds to Strategic Sectors
In a bold move to stimulate national development, Bank Mandiri has successfully channeled Rp40.7 trillion—74% of its Rp55 trillion SAL…
OJK Reports Rp7 Trillion in Financial Scam Losses
Indonesia’s financial sector is facing a growing threat from scams, with total public losses reaching Rp7 trillion in less than…
Danantara Issues Rp50 Trillion Patriot Bonds
Indonesia has taken a bold step in sovereign financing with the Rp50 trillion issuance of Patriot Bonds by PT Danantara…
Indonesia Debuts Dim Sum Bonds Worth CNY6 Billion
Indonesia has officially entered the yuan-denominated global bond market with its inaugural issuance of Dim Sum Bonds totaling CNY6 billion…
Bank Indonesia Confident on 11% Credit Growth Target in 2025
Bank Indonesia remains confident that national credit growth can reach up to 11% by the end of 2025, despite current…