Markets and Finance
Indonesia urges auto parts industry diversification for EV transition
The Ministry of Industry is directing automotive component manufacturers to expand into producing parts for other transportation sectors amidst accelerating global shift from conventional cars to electric vehicles (EVs).
Banking industry seen stronger in H2 as lending grows
Banking industry is projected to post stronger performance in the second half (H2) of 2025, supported by falling interest rates and cautious yet expansionary lending strategies, according to the Financial Services Authority (OJK).
Nickel industry in uncertainty as work plan, budget reduced to one year
Indonesian nickel industry is once again dealing with challenges after the government decided to reduce the mineral and coal production period under the government-approved Work Plans and Budgets (RKAB) from the previously three years, to one year.
Indonesia probes suspected cesium-137 contamination in shrimp exports to U.S.
The Indonesian Ministry of Environment and Forestry has launched an investigation into alleged radioactive contamination after U.S. authorities detected traces of Cesium-137 in frozen shrimp imported from Indonesia.
Crypto industry asks regulators to recognize stablecoin as legal under Indonesian law
Players in Indonesia’s cryptocurrency industry are calling on the Indonesian Central Bank (BI) and the Financial Services Authority (OJK) to recognize stablecoins as legal means of payment, citing the country’s Currency Law only recognizes the rupiah as legal tender and therefore making use of cryptocurrencies for payments prohibited.
Finance Ministry rolls out fiscal incentives to boost green investment
The Indonesian Ministry of Finance has introduced a series of fiscal incentives to attract investment in the energy transition and sustainable development sectors.
Government takes measures to stabilize rice prices, ensure food security
The Ministry of Agriculture, the National Food Agency (BPN), and the State Logistics Agency (Bulog) have launched coordinated strategic measures to address rising rice prices and ensure national food security.
IDX warns 103 listed firms for late H1 2025 financial reports
The Indonesia Stock Exchange (IDX) has issued a first written warning to 103 listed companies for failing to submit their first-half (H1) 2025 financial reports by the July 31 deadline.
BI cuts rate to 5 percent for third time this year
The Indonesian Central Bank (BI) on Wednesday lowered its benchmark interest rate by 25 basis points to 5 percent, marking the third cut this year as the central bank seeks to spur growth amid controlled inflation and a stable outlook.
MK upholds VAT law, opening path for potential hike up to 15 percent
The Constitutional Court (MK) has rejected the petition for judicial review of Law No. 7/2021 on the Harmonization of Tax Regulations (UU HPP), in particular the related article on Value Added Tax (VAT) rates.
BI weighs August rate cut to 5 percent amid mixed economic outlook
The Indonesian Central Bank (BI) is expected to cut its benchmark interest rate by 25 basis points (bps) to 5 percent today, August 20, 2025, eventhough several economists have provided differing projections regarding the direction of the benchmark interest rate (BI rate).
Indonesia projected to gain US$300 billion in GDP boost from AI by 2030
Indonesia is expected to benefit the most from artificial intelligence (AI) among Southeast Asian countries, with a potential boost of up to US$300 billion to its GDP by 2030, according to industry estimates.