#Finance
Global investors boost confidence in BRI after government’s Rp55 T fund placement
PT Bank Rakyat Indonesia (BRI) has regained strong momentum in the eyes of global investors, following a fresh buy recommendation upgrade in the wake of the Indonesian government’s recent placement of Rp55 trillion (US$3.3 billion) in the bank.
BI purchases Rp217.1 trillion in government bonds to support economic stability
The Indonesian Central Bank (BI) has reported Rp217.10 trillion (US$13.2 billion) in Government Securities (SBN) purchases as of September 16, 2025, a move BI Governor Perry Warjiyo claimed as a reflection of close synergy between monetary and fiscal policies.
Economist warns on Rp200 T bank placement, Purbaya defends policy
Paramadina University Rector Didik J. Rachbini has warned that the government’s decision to place Rp200 trillion (US$12 billion) of state funds in commercial banks could potentially violate constitutional and statutory provisions.
Purbaya defends Rp200 trillion fund placement in banks amid liquidity concerns
Minister of Finance Purbaya Yudhi Sadewa has dispelled doubts raised by various parties regarding the government’s decision to place Rp200 trillion (US$12.2 billion) of State funds in commercial banks in an effort to accelerate economic growth.
Top banks welcome government’s Rp200 T fund placement for liquidity, credit growth
Three of Indonesia’s largest state-owned banks − PT Bank Syariah Indonesia (BSI), PT Bank Negara Indonesia (BNI), and PT Bank Mandiri − have expressed support for the government’s decision to place Rp200 trillion (US$12.1 billion) in five national banks as the policy is expected to bolster banking liquidity and encourage greater lending to real sector.
Indonesia to launch cross-border QRIS payments in China after Japan rollout
Indonesia is preparing to expand the use of its Quick Response Code Indonesian Standard (QRIS) payment system to China, following its recent launch in Japan after the Indonesian Central Bank (BI) and the People’s Bank of China (PBoC) strengthen the use of Local Currency Transactions (LCT) in bilateral trade and investment.
Purbaya asked to deliver just and people-centered tax reform
A taxation watchdog − Forum Pajak Berkeadilan Indonesia or Indonesian Fair Taxation Forum − has called on newly appointed Finance Minister Purbaya Yudhi Sadewa to urgently implement comprehensive tax reforms that are fair and beneficial to the people.
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.
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).
BI expands QRIS to Japan, boosting cross-border payment connectivity
The Indonesian Central Bank (BI) announced the expansion of the Quick Response Code Indonesian Standard (QRIS), a payment platform beyond the ASEAN region, to Japan, coinciding with the 80th Anniversary of the Republic of Indonesia's Independence Day on August 17, 2025.
Digital Bank Summit 2025 to spotlight trusted digital finance for inclusive growth
The Indonesian Fintech Association (AFTECH) will host the Indonesia Digital Bank Summit (IDBS) 2025 on Tuesday, August 19, 2025, at the Raffles Hotel in Jakarta.