Markets and Finance
Danantara-Crédit Agricole CIB partner to speed up sustainable investment in RI
Indonesia’s sovereign investment body, Daya Anagata Nusantara (Danantara), has set up collaboration with French investment bank Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) for the acceleration of investments across several key sectors in Indonesia, with a strong emphasis on renewable energy.
RI-France partner to boost nickel downstream industry for EV ecosystem
The Investment Management Agency Daya Anagata Nusantara (Danantara) and Indonesia Investment Authority (INA) have signed a strategic cooperation agreement with French mining giant Eramet for the management and processing of critical minerals, particularly nickel, to support the development of a sustainable electric vehicle (EV) ecosystem in Indonesia.
Football club Persib Bandung eyes IPO in early 2026
Indonesia’s most decorated football club, Persib Bandung, is preparing to make history by becoming one of the second professional football teams in the country to go public. The club has announced plan to launch an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) in early 2026, marking a significant milestone in both sports and financial markets.
Gold prices volatile amid U.S. fiscal concerns, geopolitical tensions: Analyst
Gold prices (XAU/USD) exhibited heightened volatility throughout the week, driven by escalating geopolitical tensions, shifting U.S. fiscal dynamics, and mixed economic data, an analyst says.
OJK unveils strategic policies to strengthen Indonesia's insurance sector
The Financial Services Authority (OJK) has outlined four strategic policy directions aimed at strengthening the national insurance industry as well as emphasizing financial health, efficiency, and consumer protection.
ESDM ministry: CCS business potential to drive economic growth
The Ministry of Energy and Mineral Resources (ESDM) has continuosly disseminated the importance of developing Carbon Capture and Storage (CCS) technology in line with the global push to reduce CO2 emissions and the increasingly promising business opportunity and its considerable impact on the country’s economic growth
BI cuts benchmark rate to support growth in the face of global uncertainty
The Indonesian Central Bank (BI) announced a 25-basis point cut to its benchmark interest rate, bringing the BI 7-Day Reverse Repo Rate down to 5.50 percent, its first reduction in four months as the central bank seeks to maintain inflation within target, while boosting economic growth amid increasing global uncertainty.
Bank DKI prepares for IPO amid financial growth, governance reforms
Jakarta-owned bank, PT Bank Pembangunan Daerah DKI Jakarta (Bank DKI), is preparing to go public through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) upon securing approval from the Financial Services Authority (OJK) and the Jakarta Provincial Administration.
Industry pushes back as govt reaffirms plan to impose excise tax on SSBs
The government’s renewed commitment to impose excise tax on sugar-sweetened beverages (SSBs) this year has sparked concern and resistance from industry players as the policy could severely affect an already weakened sector and miss its public health target.
PT Timah admits struggles with illegal mining surge following corruption scandal
President Director of State miner PT Timah, Restu Widiyantoro, has acknowledged that the state-owned mining company is facing serious difficulties in curbing illegal mining activities, which have intensified significantly across its operational areas following a high-profile corruption case involving several individuals, including Harvey Moeis.
Income stagnation undermines purchasing power: CORE Indonesia
Amid relatively stable inflation, Indonesia’s declining purchasing power is being primarily driven by stagnating income levels, according to Mohammad Faisal, Executive Director of the Center of Reform on Economics (CORE) Indonesia.
Beverage industry calls for policy synergy amid economic slowdown
The Indonesian soft drink industry has called for coordinated policy measures to maintain sectoral stability in 2025, as early signs of an economic slowdown and weakening consumer demand pose significant challenges to the food and beverage sector.