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# finance

Latest news group about finance.

Indonesia Raises $1 Billion in Debut Panda Bond Sale

Indonesia raised $1.03 billion through its inaugural Panda Bond, with investor demand exceeding the offering by 2.4 times.
Business Jul 24, 2026 | 12:44 pm

Finance Ministry to Use Off-Budget Vehicle to Settle $7.3 Billion Whoosh Debt to China

Purbaya said the government is preparing a financing scheme outside the state budget, including the use of special mission vehicles.
Business Jul 23, 2026 | 10:59 pm

Gov't  to Launch International Financial Center in Jakarta Before Expanding to Bali

Indonesia will launch its international financial center in Jakarta before expanding the project to Bali within two to three years.
Business Jul 23, 2026 | 10:01 pm

Bank Mandiri's First-Half Profit Jumps 24% on Strong Loan Growth

Bank Mandiri posted a 24% rise in first-half profit, as loan and deposit growth outpaced that of Indonesia's banking industry.
Business Jul 23, 2026 | 5:58 pm

Indonesia Collects $3.05 Billion in Digital Economy Taxes Through June

Indonesia collected Rp 54.7 trillion in digital economy taxes through June, led by Rp 42.01 trillion in VAT on e-commerce.
Business Jul 23, 2026 | 2:36 pm

Tax Chief Rejects Criticism Over Military Role in Taxpayer Oversight

Indonesia says military and police play only a supporting information role in tax oversight as lawmakers seek further clarification.
Business Jul 21, 2026 | 7:17 pm

Indonesia Secures AAA China Rating Ahead of Debut $1 Billion Panda Bond Sale

Indonesia receives a top AAA rating in China, paving the way for its inaugural $1 billion Panda Bond issuance this week.
Business Jul 21, 2026 | 6:40 pm

Indonesia Unveils Ambitious Vision for International Financial Center

In addition, the government plans to position the center as a hub for Islamic finance, green and blue finance, fintech, and digital finance.
Business Jul 20, 2026 | 6:34 pm

Jakarta Leads Indonesia's Investment Rankings With $9.7 Billion in First Half

For comparison, West Java ranked second nationally in the first half after attracting Rp 138.1 trillion ($7.7 billion) in investment.
Business Jul 17, 2026 | 1:18 pm

BI Backs International Financial Center to Tackle Services Deficit

BI backs the planned financial center, saying it will boost capital inflows and help ease pressure on the balance of payments.
Business Jul 16, 2026 | 12:21 pm

Government to Take Charge of $7.3 Billion Whoosh Debt Restructuring

Indonesia will transfer management of the $7.3 billion Whoosh rail debt from Danantara to the Finance Ministry.
Business Jul 16, 2026 | 12:01 pm

Purbaya Dismisses Debt Concerns as Indonesia's External Borrowing Reaches $444.4 B

Indonesia's external debt rose to $444.4 billion in May, but Finance Minister Purbaya says the country's fiscal position remains sound.
Business Jul 16, 2026 | 10:39 am

Indonesia's External Debt Rises to $444.4 Billion in May

Government external debt totaled $217.3 billion in May, up 3.7% from a year earlier and broadly in line with April's growth rate.
Business Jul 15, 2026 | 12:07 pm

No Tax Hikes as Indonesia Faces Revenue Shortfall: Purbaya

Purbaya says Indonesia will boost tax revenue by expanding the tax base through digitalization instead of raising tax rates.
Business Jul 14, 2026 | 3:34 pm

Indonesia's First-Half Subsidy Spending Jumps 44% to $12.9 Billion

The additional spending is expected to widen Indonesia's 2026 budget deficit to Rp 734.3 trillion, equivalent to 2.85% of GDP.
Business Jul 8, 2026 | 7:28 am

Tax Collections Rise Nearly 25%, But Annual Goal May Fall Short

Tax revenue rose 24.6% in the first half, but the government expects to miss its full-year target.
Business Jul 7, 2026 | 11:39 pm

Financial Stability Holds Despite Economic Slowdown, OJK Says

OJK says the financial system remains sound even as inflation rises, manufacturing contracts and the trade balance weakens.
Business Jul 7, 2026 | 4:44 pm

First-Half Tax Collections Reach 45% of 2026 Target

Indonesia collected about 45% of its 2026 tax revenue target by mid-year, with receipts still growing more than 23% annually.
Business Jul 1, 2026 | 10:43 pm

IDX Demutualization Seen as Path to World-Class Bourse

A senior lawmaker called IDX demutualization the culmination of Indonesia's capital market reforms and a step toward a world-class exchange.
Business Jun 30, 2026 | 8:58 pm

Bank Jakarta Sticks to First-Half 2027 IPO Plan

Bank Jakarta remains on track for a first-half 2027 IPO as it strengthens its business fundamentals and digital capabilities.
Business Jun 30, 2026 | 8:55 pm

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Strong Fundamentals, Fragile Trust


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