Markets and Finance
Perry: Room to lower BI-Rate still open, focus on sustaining rupiah stability
Governor of the Indonesian Central Bank (BI), Perry Warjiyo, says that the room to lower the BI-Rate benchmark interest rate is still open in the future.
PT Rainbow Tubulars set to boost production for domestic, export markets
Seamless steel tube producer PT Rainbow Tubulars Manufacture (RTM), a subsidiary of PT Sunindo Pratama (SUNI), has set the target for the new plant under construction to operate commercially in third quarter of 2025.
Indonesia to generate US$190.5 billion revenue in 2025 State Budget
Indonesia is anticipated to generate Rp2,996.9 trillion (US$190.5 billion) in 2025 state revenue, consisting of tax revenue at Rp2,490.9 trillion (US$158 billion) and non-tax state revenue (PNBP) at Rp505.4 trillion (US$32 billion, while maintaining the investment climate and environmental sustainability as well as accessibility of public services.