The central bank of Indonesia (Bank Indonesia) made a surprising move on Wednesday (15 January 2025) by cutting its benchmark interest rate by 25 basis points (bps) to 5.75 percent.

The VAT rate hike for luxury goods (from 11 percent to 12 percent per January 2025) makes it more expensive for people to buy luxury cars (although these only constitute a small portion of total car ...

Analysts feel that the cryptocurrency market in Indonesia can get a wave of fresh air now that the supervision of crypto trading in Indonesia was transferred from the Commodity Futures Trading ...

As expected, Indonesian inflation remained relatively low in December 2024, at 0.44 percent month-on-month (m/m), amid the year-end holiday season (Christmas and New Year celebrations). What is ...

Based on the latest data from Indonesia’s Statistical Agency (BPS), Indonesia’s trade balance showed a surplus of USD $4.42 billion in November 2024. It was the second-biggest trade surplus so far in ...

Erick Thohir, Indonesian Minister of State-Owned Enterprises, confirmed that a merger is being planned between three state-owned airlines, namely: (1) Garuda Indonesia, (2) Citilink Indonesia, and (3) ...

On Monday 6 January 2025, it was announced by Brazil - which currently holds Chairmanship - that Indonesia has officially become a full member of the BRICS bloc, an intergovernmental organization that ...