# finance

Public Debt Surge Lifts Indonesia’s External Debt to $437.9B

Indonesia’s external debt rose to $437.9B in Feb as BI inflows boosted public debt, while private borrowing continued to contract.
Business Apr 15, 2026 | 5:11 pm

Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163%

Indonesia’s local currency transactions surged 163% to $8.45b in early 2026, supporting efforts to reduce reliance on the US dollar.
Business Apr 13, 2026 | 2:53 pm

Indonesia Bonds Under Pressure as US–Iran Tensions Push Yields Up

Indonesia’s bond yields may rise as US–Iran tensions lift global risk premiums, trigger capital outflows, and pressure the rupiah.
Business Apr 13, 2026 | 9:49 am

‘Just Like BSI’: Danantara to Merge Asset Managers with $157 Million Acquisition

Danantara recently clinched deals to take over the asset management arms of the country's state lenders.
Business Apr 10, 2026 | 1:43 pm

Rupiah Slides Into ‘New Depreciation Equilibrium’ as External Pressures Mount

The rupiah’s weakness reflects more than short-term geopolitical pressures. Instead, it points to underlying domestic conditions.
Business Apr 10, 2026 | 8:00 am

Indonesia’s Foreign Exchange Reserves Fall $3.7 Billion as Central Bank Defends Rupiah

Indonesia’s FX reserves fell $3.7b in March as Bank Indonesia intervened to support the rupiah, but levels remain robust.
Business Apr 8, 2026 | 10:37 pm

Purbaya Says Currency Fall Above 17,100 Still Within Fiscal Projections

The finance minister says rupiah fall past 17,100 per dollar was anticipated and remains within fiscal scenarios for the 2026 budget.
Business Apr 7, 2026 | 11:10 pm

BI Deploys Monetary Tools as Rupiah Falls to All-Time Low

Bank Indonesia pledges intervention after the rupiah hits a record low of 17,105 per dollar, citing global uncertainty.
Business Apr 7, 2026 | 10:53 pm

Indonesia Set to Impose Revised Dollar Retention Rule After Exemption Tweaks

Indonesia is finalizing its revised DHE rule for April, easing conversion to 50% while requiring exporters to keep FX onshore.
Business Apr 7, 2026 | 8:05 pm

Finance Ministry Opens 380 Customs Jobs for High School Graduates

Indonesia plans to recruit 380 high school graduates for customs roles as part of broader reforms to strengthen operations.
Business Apr 7, 2026 | 4:37 pm

Indonesia Rules Out Subsidized Fuel Price Hike as Oil Nears $120 per Barrel

Indonesia will keep subsidized fuel prices unchanged through 2026 despite oil nearing $120 per barrel, citing fiscal resilience.
Business Apr 6, 2026 | 4:12 pm

Indonesia’s Q1 Budget Deficit Nears 1% of GDP Amid Early-Year Spending Push

The government and the House of Representatives have agreed to cap the full-year 2026 budget deficit at no more than 3% of GDP.
Business Apr 6, 2026 | 3:38 pm

IDX Flags Eight Firms with High Ownership Concentration in First Disclosure

IDX names eight firms with highly concentrated ownership, flagging potential liquidity risks in first-ever disclosure list.
Business Apr 2, 2026 | 10:01 pm

OJK Flags Listed Firms with High Ownership Concentration

OJK to launch list flagging firms with concentrated ownership, enhancing transparency and helping investors assess liquidity risks.
Business Apr 2, 2026 | 9:44 pm

KB Bank Swings to Profit After Rp 6 Trillion Loss

KB Bank posts Rp 66.6b profit in 2025 after Rp 6.3t loss, driven by better asset quality, margins and lower provisioning costs.
Business Apr 2, 2026 | 9:16 pm

Cross-Border QRIS Now Live Between Indonesia and South Korea

QRIS payments are now operational between Indonesia and South Korea, boosting tourism and MSME access.
Business Apr 2, 2026 | 2:07 pm

Indonesia Squeezes Rp 20 T from Free Meals in Rp 263 T Efficiency Drive

WFH, budget refocus, and MBG tweaks drive Indonesia’s plan to unlock Rp 263 T in fiscal savings.
Business Apr 1, 2026 | 11:19 am

Finance Ministry Shifts 213 Staff to Tax Directorate to Boost Collection Capacity

Indonesia will reassign 213 staff to the tax office to meet higher revenue targets without increasing hiring or fiscal burden.
Business Mar 27, 2026 | 6:04 pm