Markets and Finance
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.
Indonesia opens carbon trading to global market, faces challenges in “boosting interest”
Deputy Minister of Environment, Diaz Hendropriyono, says that Indonesia's carbon trading or exchange has begun to open to the international market but apparently fails to lure the interest of market players.
BI boosts macroeconomic liquidity incentives to Rp295T for priority sectors
Governor of the Indonesian Central Bank (BI), Perry Warjiyo, said the monetary authority is determined to strengthen the effectiveness of the macroprudential liquidity incentive (KLM) policy implementation.
audax partners with Maybank to redefine digital Islamic banking in ASEAN
In a move to capture the burgeoning Islamic banking market in Indonesia, technology provider audax Financial Technology (audax) has announced its collaboration with Maybank Islamic Bhd, the Islamic banking arm of the Maybank Group, for digital transformation that addresses both customer experience and operational efficiency.
East Ventures announces upcoming IPO of portofolio company on IDX, valued over Rp1T
East Ventures, a capital company, announced that one of its portfolio companies will be listed on the Indonesia Stock Exchange (IDX).
Shrinking Indonesian middle-class signals challenges for consumer growth, job creation
Indonesia's middle class, once the backbone of the country's economic growth, is showing signs of strain, leaving many businesses and policymakers concerned about the future, a report by Financial Times revealed.
Govt prepares strategic adjustment, product diversification for U.S. tariff changes
The Indonesian government is taking measures to anticipate any potential impact of the U.S. policy in increasing tariffs on imported goods, focusing on adjustment tailored to maintain and increase the competitiveness of the national economy.
Trump's reelection could reshape Indonesia's economic strategy amid global shifts
The reelection of Donald Trump as U.S. President presents a unique set of challenges for Indonesia, requiring a certain approach in policy and adjustment in the coming years, a report by globalasia.org reveals.
Impact of U.S. Import Tariff policy on Global economy, Indonesia
The import tariff policy announced by United States President Donald Trump has had a significant impact, creating uncertainty on the global economy, including Indonesia, although there is room to strenghthen the economy.
BRI Danareksa Sekuritas targets four IPOs, expands debt underwriting in 2025
BRI Danareksa Sekuritas (BRIDS) targets four companies to list their shares through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2025.
RI imposes 100 percent domestic retention of export proceeds for key commodities
President Prabowo Subianto has ratified Government Regulation (PP) No. 8 /2025 on the imposition of an obligation to retain 100 percent of export proceeds (DHE) domestically for a full year starting Saturday, March 1, 2025.
President to launch Danantara on Feb. 24, set to manage US$900B in assets
President Prabowo Subianto has announced that he will launch on Monday, February 24, 2025, the Daya Anagata Nusantara Investment Agency (Danantara), a sovereign wealth fund agency that will manage US$900 billion (Rp14,616 trillion) in assets under management (AUM).