Markets and Finance
Eramet keen in investing in Indonesia’s EV battery ecosystem, downstream processing
French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing.
Rupiah drops to lowest level in five years, BI to intervene the market
The rupiah exchange rate against the United States (U.S.) dollar has weakened sharply again due to global sentiment, with the Indonesian Central Bank (BI) revealing that the rupiah depreciation was triggered by the trade tariff policy announced by President Donald Trump.
Kadin highlights challenges to green energy investment, calls for regulatory reforms
The Indonesian Chamber of Commerce and Industry (Kadin) reveals four challenges of green energy investment in Indonesia that must be addressed immediately so as not to hinder the acceleration of energy transition in the country.
IESR study reveals 333 GW of renewable energy projects financially feasible
A study by the Institute for Essential Services Reform (IESR) reveals that there are 333 Gigawatts (GW) from 632 locations of utility-scale renewable energy projects in Indonesia that are financially feasible.
Hashim calls for regulation overhaul as Indonesia's carbon trading hits 50,000 tons
Hashim Djojohadikusumo, Special Envoy of the President for Climate and Energy, said that Indonesia's carbon trading transactions only reached 50 thousand tons of CO2 equivalent.
Prabowo inaugurates Indonesia's gold bank to strengthen gold industry ecosystem
President Prabowo Subianto inaugurated the Gold Bank Service (Bullion Pawnbroker Bank) and Bank Syariah Indonesia (BSI) on Wednesday, February 26, 2025, targeting the gold bank existence to strengthen the national gold industry ecosystem.
Indonesia wins at WTO, EU must “adjust Palm Oil policy”
Indonesia has secured a victory in an international trade dispute at the World Trade Organization (WTO) after the WTO Dispute Settlement Body (DSB) adopted the final report on case DS593 concerning the European Union’s (EU) policies on palm oil and palm oil-based biofuels.
Govt targets US$18.84 B in MSME exports by 2025 via inter-ministerial collaboration
The Ministry of Trade is targeting exports of micro, small and medium enterprises (MSMEs) to 33 countries to reach US$18.84 billion (Rp306.52 trillion) in 2025, a 12.54 percent incfrease from 2024.
Unions concerned over Danantara launch amid layoffs in Electronics sector
The Labor Party and the Confederation of Indonesian Trade Unions (KSPI) embrace the birth of Danantara Investment Management Agency (BPI Danantara), but have doubts on the agency’s commitment to serve the Indonesian people, particularly the working class, given its leadership composition.
Danantara launch: A bold step toward economic transformation despite criticism
President Prabowo Subianto launched the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) on Monday, February 24, 2025 amidst pros and cons in the society.
BCA targets 8 percent consumer credit growth in 2025
PT Bank Central Asia (BCA) is targeting consumer credit growth of up to 8 percent in 2025 for Motor Vehicle Credit (KKB), Motorcycle Credit (KSM), and Home Ownership Credit (KPR).
Banking as a Service Drives Financial Inclusion in Indonesia
Banking as a Service (BaaS) is reshaping Indonesia’s financial ecosystem by enabling non-banking entities to offer regulated financial products to millions of underbanked individuals. This innovation is at the forefront of transforming digital banking across the archipelago.