Finance Bank Indonesia Cut Rates by 125 bps, but Lending Rates Have Barely Moved March 23, 2026March 24, 2026 Bank Indonesia (BI) cut its benchmark interest rate five times throughout 2025, for a cumulative reduction of 125 basis points…
Business Michael Bambang Hartono, Indonesia’s Richest Man and Djarum Co-Owner, Dies at 86 March 23, 2026March 24, 2026 Michael Bambang Hartono, one of Indonesia’s most consequential businessmen and a towering figure in Southeast Asian commerce for more than…
Fiscal More High-Income Taxpayers Recorded in Indonesia March 18, 2026March 24, 2026 The Directorate General of Taxes (DJP) noted that taxpayers with annual incomes above Rp5 billion grew by 5.1% in 2025.…
FinanceMonetary BI Limits Cash Dollar Purchases to USD 50,000 March 18, 2026 Starting April 2026, Bank Indonesia (BI) will reduce the maximum limit for cash purchases of U.S. dollars from USD 100,000…
Finance Financial Markets Snapshot March 18, 2026March 18, 2026 On March 17, 2026, Indonesia’s financial markets saw the rupiah close flat at Rp16,997/USD, the Jakarta Composite Index (IHSG) rebound…
Fiscal Indonesia Keeps APBN Deficit Cap at 3% March 17, 2026March 24, 2026 President Prabowo Subianto has confirmed that Indonesia’s state budget deficit will remain capped at a maximum of 3% of GDP…
Economy Survey: 55% of Economists Say Indonesia’s Economy Is Worsening March 17, 2026March 24, 2026 A survey of 85 economists and practitioners by LPEM FEB UI, conducted between February 24 and March 9, 2026, found…
Finance Financial Markets Snapshot March 17, 2026March 16, 2026 Today (March 16, 2026), Indonesia’s financial markets saw the rupiah weaken to nearly Rp17,000/USD, the Jakarta Composite Index (IHSG) close…
Economy Indonesia Secures 4 million Tons of Rice Stocks March 16, 2026March 15, 2026 Agriculture Minister Andi Amran Sulaiman announced that Indonesia’s rice reserves are stable at 4 million tons. The stockpile is expected…
