Jakarta, Indonesia – In a significant move set to reshape rural cooperative financing, Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, announced on Sunday, November 16th, a crucial revision to Minister of Finance Regulation (PMK) No.…
Indonesia’s Coal Crossroads: Production Cuts Loom Amid Global…
Indonesia, a titan in the global coal market, stands at a pivotal juncture. The nation's coal sector faces significant headwinds, with projections indicating a substantial contraction in production for 2025 and 2026. This downturn is…
US Federal Government Shutdown Ends as President Signs…
Washington D.C. breathes a collective sigh of relief as the protracted US federal government shutdown, a fiscal stalemate that had gripped the nation since October 1, officially concluded. President Donald Trump, acting decisively, signed a…
XL Axiata’s Q3 2025 Financial Dip: Merger Costs…
PT XL Axiata Tbk (EXCL) reported (financials here) a net loss of approximately IDR 1.4 trillion in Q3 2025, a significant reversal from the net profit of IDR 292 billion in Q3 2024 and deepening…
Bank Indonesia Unveils Key Economic Forecasts: Navigating 2025…
Bank Indonesia (BI) Governor Perry Warjiyo recently cast a spotlight on the nation's economic horizon, offering a detailed outlook for 2025 and 2026. These projections, encompassing GDP growth, inflation, credit expansion, and the rupiah's exchange…
Merdeka Entities Forge Ahead: Stellar 9M25 Performance &…
Indonesia's mining titans, Merdeka Copper Gold (MDKA) and Merdeka Battery Materials (MBMA), have unveiled a compelling 9M25 operational update, demonstrating significant momentum and strategic advancements across their diverse portfolios. This release signals robust performance and…
Unpacking Indonesia’s Retail Pulse: BI’s October Forecast vs.…
Indonesia's retail sector, a vital barometer of domestic consumption, presents a mixed picture as Bank Indonesia (BI) forecasts a stronger October, buoyed by holiday season demand, even as September figures reveal a notable deceleration against…
Indonesian Aviation Shake-Up: Garuda-Pelita Merger Advances Amidst GIAA’s…
Jakarta's aviation landscape is abuzz as the planned merger between national flag carrier Garuda Indonesia (GIAA) and Pertamina's Pelita Air continues to navigate through complex strategic and financial adjustments. This ambitious consolidation, coordinated by Pertamina…
Breaking Gridlock: Senate Budget Deal Paves Way for…
The protracted stalemate gripping the American capital appears poised for resolution. This past Sunday, the U.S. Senate reached a pivotal compromise on a budget plan, signaling a potential end to the federal government shutdown –…
