#Finance
Expert warns regulatory gaps threaten crypto, forex investment climate in Indonesia
A legal expert has raised concerns over ongoing regulatory gaps upon the implementation of Law No. 4/2023 on the Development and Strengthening of the Financial Sector, warning that these gaps pose serious risks to the rapidly growing cryptocurrency and forex industries in Indonesia.
Sumitronomics approach seen as key to boosting RI's sustainable economic growth
A senior economist expresses his belief that economic principles of "Sumitronomics" could play a vital role in accelerating Indonesia's economic growth, citing that many ideas from Indonesia’s renowned economic thinker, Sumitro Djojohadikusumo, remain highly applicable in today's context.
Paylater and online loans surge to over Rp110 T during Idul Fitri
The value of buy now, pay later (BNPL) debt in Indonesia reached Rp29.59 trillion (US$1.8 billion) in April 2025, coinciding with the Idul Fitri holiday season, while outstanding online loans (known as pinjol) soared to Rp80.94 trillion, according to the Financial Services Authority (OJK).
Indonesia to ease green financing for manufacturers as part of net zero roadmap
The Indonesian Ministry of Industry is preparing a new regulation aimed at improving access to green financing for manufacturers looking to transition toward more sustainable, environmentally friendly operations.
AdaKami praises adjustment of “Pinjol” interest rate set by OJK
An industry player has praised the Financial Services Authority (OJK) for adjusting the maximum interest rate on consumer fintech online lending platforms (pinjol) − with maximum daily interest at 0.3 percent for tenors under six months and 0.2 percent for tenors over six months − that will take effect on January 1, 2025.
Economist warns of worsening Indonesia's debt crisis
Indonesia's national debt has reached alarming levels, raising concerns over the country's financial stability, economist Anthony Budiawan has warned.
Indonesia’s push for DME faces economic hurdles: Expert
An analyst has questioned the feasibility of President Prabowo Subianto’s instruction to the National Energy Resilience and Downstream Task Force to revive coal gasification of dimethyl ether (DME) projects in Sumatra and Kalimantan, which is aimed at reducing Indonesia’s reliance on liquefied petroleum gas (LPG) imports is questionable.
BI purchases Rp70.74 trillion in government bonds to stabilize rupiah
The Indonesian Central Bank (BI) noted that it has purchased government securities (SBN) worth Rp70.74 trillion (US$4.3 billion) to maintain the stability of the rupiah exchange rate. SBN purchases have been particularly intensive in the past month.
Danantara to manage up to US$35.2 B annually from extractive, alm oil levies
The Investment Management Agency Daya Anagata Nusantara (Danantara) is poised to become administrator of levies taken from extractive industries, particularly coal, nickel and palm oil, which are expected to generate funds for Indonesia’s transition from fossil fuels to clean and renewable energy.
IESR study reveals 333 GW of renewable energy projects financially feasible
A study by the Institute for Essential Services Reform (IESR) reveals that there are 333 Gigawatts (GW) from 632 locations of utility-scale renewable energy projects in Indonesia that are financially feasible.
Perry Warjiyo
Perry Warjiyo was born in 1959 in Sukoharjo. He is the current Governor of Bank Indonesia. During his early years, he studied in Public Elementary School (SDN) Gawok, Sukoharjo then continued to Public Junior High School (SMPN) Gatak, Sukoharjo, later continued to Public Senior High School (SMAN) 3 Surakarta. He studied S1 at the Faculty of Economics, Universitas Gadjah Mada (UGM) and graduated in 1982. He continued with Masters and PhDs in Monetary and International Economics from Iowa State University, United States in 1989 and 1991. In his youth, he claimed to be a child of poor farmers.
Pros and cons, restraint mounted on birth of Danantara
Pros and cons, as well as restraint have mounted over the commitment of Indonesia’s newly established Daya Anagata Nusantara (Danantara) Investment Management Agency on transparency, financial sustainability, and freedom of political influence.