#Finance
Association raises alarm over massive circulation of illegal online loans
The Indonesian Fintech Lending Association (AFPI) has issued the alarming scale of illegal online lending (pinjol) in the country, warning that these illicit services not only harm the public but also erode trust in legitimate online lending platforms (pindar).
Seven companies set to launch IPOs on IDX by end-2025
The Indonesia Stock Exchange (IDX) has announced that seven companies are preparing to go public through initial public offerings (IPOs) by the end of 2025, with asset sizes ranging from medium to large scale.
Indonesia’s nickel industry needs sustainable financing: Securities advisor
The development of Indonesia’s nickel sector must be accompanied by sustainable and innovative financial support if it is to meet future demand and remain competitive in the global market, said a Securities advisor.
Indonesia’s Q2 2025 economic growth hits 5.12%, rupiah moves in optimism
Statistics Indonesia (BPS) has revealed that Indonesia’s economy grew 5.12 percent year-on-year in the second quarter (Q2) of 2025, a stronger-than-expected performance that has sparked mixed reactions in the financial markets regarding the future movement of the rupiah.
President convenes ministers to discuss special economic zones, 2026 budget
President Prabowo Subianto summoned several Cabinet ministers to the Merdeka Palace in Jakarta on Tuesday, July 22, 2025 to discuss the development of Special Economic Zones (SEZs) and the drafting of the 2026 State Budget (APBN).
Finance minister defends fluctuating education budget allocation amid criticism
Minister of Finance Sri Mulyani Indrawati defended the government’s handling of the education budget amid criticism that its realization has consistently fallen short of the constitutionally mandated 20 percent of total state expenditure.
KDMP launch to boost BRI’s microfinance reach and stock prospect: Indo Premier
The launch of the Red-and-White Village Cooperative Program (KDMP) by the Indonesian government is expected to deliver a positive impact on the business outlook and stock performance of PT Bank Rakyat Indonesia (BRI).
Secured U.S. tariff reduction to boost export outlook, growth in 2nd semester 2025: BI
The Indonesian Central Bank (BI) has projected that the successful negotiation for reduction in U.S. import tariffs on Indonesia’s export products will significantly support the country’s economic growth in the second half of 2025 through enhanced global competitiveness of Indonesian exports.
House approves Finance Ministry’s indicative budget, urges efficiency
Finance Commission XI of the House of Representatives (DPR) has approved the indicative budget ceiling for the Finance Ministry in the 2026 draft state budget, withholding endorsement of an additional Rp 4.88 trillion (US$296 million) requested by Finance Minister Sri Mulyani Indrawati, pending further efficiency reviews.
Finance ministry seeks Rp52 trillion budget for 2026 despite prior cuts
Finance Minister, Sri Mulyani Indrawati, has proposed an expanded budget of Rp52.02 trillion (US$3.21 billion) for the 2026 fiscal year, marking an increase of Rp4.88 trillion (US$301.2 million) from the initial indicative ceiling of Rp47.13 trillion (US$2.91 billion).
House approves 2026 economic growth target of 5.2–5.8 percent
Finance Commission XI of the House of Representatives (DPR) has approved the government's proposed 2026 economic growth target, setting the figure between 5.2 and 5.8 percent, higher than the 5 percent projected for 2025.
Without clear funding scheme, investors will "smile, nod, then flee”: Sri Mulyani
Minister of Finance Sri Mulyani Indrawati has highlighted a critical gap in Indonesia’s infrastructure development − the lack of credible funding plans −which she says is the main reason private investors remain hesitant to engage in large-scale national projects.