#Capital Market
Pertamina seeks US$2.5 billion short-term loan amid market uncertainty
Indonesia’s state-owned energy company PT Pertamina is seeking a short-term loan worth US$2.5 billion (Rp40.9 trillion), a transaction expected to be one of the country’s largest U.S. dollar loan deals this year.
Rupiah rebounds after protests, BI steps in with stabilization measures
The rupiah came under pressure during Friday, August 29, 2025 protests, weakening to Rp16,509 per US dollar, but gradually recovered and closed stronger on Monday, September 1, 2025 afternoon at Rp16,428 per dollar after opened Rp16,259 per dollar earlier in the day.
Indonesia’s manufacturing still trails Vietnam in U.S. market: Industry ministry
Indonesia’s manufacturing sector still faces difficulties competing with Vietnam in the U.S. market, despite lower import tariffs granted by the U.S. government, said Putu Juli Ardika, Director General of Agro Industry at the Ministry of Industry.
Some listed companies launch rights issues to raise fresh capital
A growing number of Indonesian listed companies are seeking fresh capital through rights issues, officially known as Pre-emptive Rights (HMETD), including PT Indomobil Multi Jasa (IMJS) of the Salim Group, PT Sanurhasta Mitra (MINA), and PT Sarana Menara Nusantara (TOWR).
BI rate cuts offer limited boost amid banking sector headwinds
Analysts have carefully responded to the Indonesian Central Bank’s (BI) three consecutive benchmark rate cuts in 2025 although they are broadly seen as positive signal for stock performance of banking sector players.
Jakarta composite index projected to reach 7,300 by year-end amid recovery signals
The Indonesian Composite Stock Index (IHSG) is projected to reach 7,300 by the end of 2025, with signs of recovery expected to emerge in the second quarter, according to BRI Danareksa Sekuritas.
Northstar-Ares merger flags concerns over foreign gains: Market analyst
A merger between venture capital firm Northstar Group and U.S.-based investment giant Ares Management Corp. has rekindled scrutiny over previous high-profile investment maneuvers in Indonesia.
Bond market remains resilient, issuance reaches Rp46.75 trillion in Q1-2025
Amid global uncertainty and stock market volatility, the Indonesian bond market recorded positive performance throughout the first quarter of 2025, with the support of high investor interest in low-risk instruments and the potential for interest rate cuts until the end of the year.
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.
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.
SCF and IPO, complementary funding platforms for companies: IDX
The Securities Crowdfunding (SCF) and Initial Public Offering (IPO) schemes are the two main instruments offered by the Indonesian capital market to support corporate funding, a senior official at the Indonesia Stock Exchange (IDX) has said.
ALUDI optimistic about SCF development amid economic challenges
The Indonesian Crowdfunding Service Association (ALUDI) expressed its optimism about the prospects of securities crowdfunding (SCF) in Indonesia despite global and domestic economic challenges.