President Prabowo Subianto launches Danantara Indonesia, a new sovereign wealth fund set to invest $20 billion in projects ...

Here is a brief profile of the seven state-owned enterprises (SOEs) which assets are expected to be managed by Danantara.

Bank Indonesia reports that the broad money supply (M2) in January 2025 reached Rp9,232.8 trillion, reflecting a 5.9 percent year-on-year growth.

PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), offers its ...

A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy ...

Total ASEAN Light Vehicle (LV) sales fell by 5% year-on-year to 3.12 million units in 2024, aligning with GlobalData’s ...

Indonesia's central bank will support the government's affordable housing programme through purchases of bonds in the ...

For 2024, Indonesia had a current account deficit of $8.9 billion, equivalent to 0.6% of GDP, Bank Indonesia said, widening ...

Read about insuring European banks, Bank Indonesia, ASR Nederland and more in the latest Market Talks covering Financial ...

As such, the central bank has kept its key short-term interest rate at a target range of 4.25% to 4.5% since December. The FOMC lowered rates by a half of a percentage point in September-its first cut ...

Minutes from the Federal Open Market Committee's Jan. 28-29 meeting will be released Wednesday afternoon at 2 p.m. Eastern time. Facing intense competition in China and heavy regulation in Europe, ...

Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency ...