#Digital Trade
Indonesia and OECD strengthen cooperation on responsible digital finance
Bali hosted the OECD Asia Roundtable on Digital Finance 2025 on Monday, December 1, 2025 where Indonesia’s Financial Services Authority (OJK) and the Organization for Economic Cooperation and Development reaffirmed their commitment to promoting responsible digital finance, highlighting the need to balance innovation with financial stability and consumer protection amid rapid technological change.
Indonesia eyes future QRIS expansion to Europe as digital payments surge
Indonesia is signaling that its national digital payment system ‒ Quick Response Code Indonesian Standard (QRIS) ‒ could one day be accepted in the European Union in line with the digital cooperation framework outlined in the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).
Prabowo calls for stronger ASEAN–S. Korea digital cooperation at Kuala Lumpur Summit
President Prabowo Subianto on Monday attended the 26th ASEAN–South Korea Summit in Kuala Lumpur, Malaysia, where he highlighted the potential of digital synergy between ASEAN and South Korea as a driving force for regional transformation.
BI to roll out QRIS payments in China by end of 2025
The Indonesian Central Bank (BI) has confirmed that the expansion of its Quick Response Code Indonesian Standard (QRIS) payment service to China will be implemented by the end of this year. Deputy Governor of BI, Filianingsih Hendarta, said the system has entered its trial phase as of 17 August 2025.
RI affirms data protection in U.S. trade deal, assures security for cross-border transfers
The Indonesian Ministry of Communications and Digital Application has affirmed that the recently announced trade agreement with the United States will not lead to unrestricted personal data transfers, but instead establishes a legal, safe, and accountable framework for cross-border data governance.