Indonesia has officially embarked on an ambitious journey to transform its energy landscape, launching a monumental 100 Gigawatt-peak (GWp) solar power plant (PLTS) program. The groundbreaking ceremony in Gilimanuk, Bali, signaled a decisive step towards…
BNI’s July 2026 Performance: Profit Dip Amidst Robust…
Bank Negara Indonesia (BBNI) navigated a mixed financial landscape in July 2026. While the bank recorded a net profit of IDR 1.6 trillion for the month, marking declines of 6% year-on-year (YoY) and 13% month-on-month…
Indonesia’s Current Account Deficit Widens Sharply in Q2…
Indonesia's economic resilience faces a renewed test as its current account deficit (CAD) ballooned to US$12.5 billion in the second quarter of 2026, marking a significant deterioration from the US$3.6 billion deficit recorded in Q1…
Chandra Asri Pacific (TPIA) Accelerates Diversification with Strategic…
Indonesia's petrochemical titan, Chandra Asri Pacific (TPIA), is shifting gears. Through its subsidiary CCHPL Holdings, TPIA has inked a conditional agreement to acquire the Singapore and Malaysian automotive businesses of Jardine Cycle & Carriage (SGX:…
Cracking Down on Gold Export Evasion: Indonesia Eyes…
Indonesia is poised to implement stricter regulations on jewelry exports, a strategic move designed to seal off perceived loopholes that have been exploited for gold export evasion. This proactive stance underscores the government's commitment to…
US Treasury Unveils Bold $4 Billion Bond Buyback…
In a decisive move to inject crucial liquidity and restore confidence, US Treasury Secretary Scott Bessent announced on Wednesday, August 19, 2026, a substantial increase in long-dated US government bond buyback operations. This pivotal decision,…
Indonesia’s Banking Credit Soars: A Roaring Engine of…
Indonesia's financial sector is signaling robust economic vitality as banking credit growth accelerated significantly in July 2026, surpassing Bank Indonesia's (BI) own projections. This surge highlights a dynamic landscape driven by increased lending activity, painting…
Bank Indonesia Holds Rates Steady: Unveiling Bold New…
Bank Indonesia (BI) made a pivotal move on Wednesday, August 19, by maintaining its benchmark BI Rate at 5.75%, a decision perfectly aligned with market consensus. The central bank also affirmed its Lending Facility at…
Crucial Week Ahead: Parliament to Vet Destry Damayanti…
Indonesia's financial markets are poised for a significant event as the House of Representatives (DPR) prepares for the fit and proper test of Destry Damayanti, the sole nominee for the permanent Bank Indonesia Governor position.…
