#Market
Nickel industry in uncertainty as work plan, budget reduced to one year
Indonesian nickel industry is once again dealing with challenges after the government decided to reduce the mineral and coal production period under the government-approved Work Plans and Budgets (RKAB) from the previously three years, to one year.
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.
BCA refutes irregularity allegations over 2002 acquisition by Djarum
PT Bank Central Asia (BCA) has denied recent media reports alleging irregularities in the acquisition of its majority shares by the Djarum Group during the presidency of Megawati Soekarnoputri.
IDX warns 103 listed firms for late H1 2025 financial reports
The Indonesia Stock Exchange (IDX) has issued a first written warning to 103 listed companies for failing to submit their first-half (H1) 2025 financial reports by the July 31 deadline.
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).
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.
GIIAS 2025 sees record attendance, yet weaker sales amid economic pressure
The 2025 Gaikindo Indonesia International Auto Show (GIIAS) ended with a record-breaking number of visitors but lower sales transactions compared to the previous year.
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.
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.
PT Freeport devises response to government’s planned export duty on gold
PT Freeport Indonesia (PTFI) has responded to the government’s plan to impose export duties on gold commodities, which is expected to take effect next year, suggesting that would be no need for export duties if their gold production is fully absorbed by domestic partners, like State-owned diversified miner PT Antam.