Finance Minister Purbaya Targets June Launch for Panda Bond Issuance
Finance Minister Purbaya Yudhi Sadewa aims to issue Yuan-denominated Panda Bonds by June 2026 to diversify state budget financing and reduce reliance on Western markets. Learn more
Category 'Economy'
Economy
Economy
Finance Minister Purbaya Proposes 40-100% VAT Incentives for Electric Vehicles
Minister Purbaya Yudhi Sadewa details a new VAT incentive scheme for EVs, prioritizing nickel-based battery technology to boost Indonesia's downstream industry.
Economy
CNG Potential Alternative to Replace 3kg LPG Tanks: Minister Bahlil
Energy Minister Bahlil Lahadalia reveals government plans to test CNG as a 3kg LPG alternative to reduce energy imports and lower household costs by 30%.
Economy
Bank Indonesia to Reduce Non-Underlying USD Purchase Limit to $25,000
Bank Indonesia Governor Perry Warjiyo announces a plan to lower the limit for USD purchases without supporting documents to $25,000 per month to curb speculation and stabilize the Rupiah. Lear more.
Economy
Rupiah Depreciation Aligned with Emerging Market Trends: Bank Indonesia
Bank Indonesia clarifies that the Rupiah's decline to Rp17,400 per USD follows broader trends in emerging markets. BI commits to market intervention.
Economy
Rupiah Weakens to Rp 17,405 as Middle East Tensions Escalate
The Indonesian Rupiah slipped to Rp17,405 per USD amid rising conflict in the Middle East. Investors await Indonesia's Q1 2026 GDP data. Read more.
Economy
Indonesia to Implement Export Duties and Windfall Tax on Coal and Nickel
The Minsitry of Finance plans to impose export duties and a windfall tax on coal and nickel to curb smuggling and cover rising state subsidies. Learn more.
Economy
BEI Pipelines 11 Large-Scale Corporations for Upcoming Stock Market IPOs
The Indonesia Stock Exchange (BEI) lists 11 large-scale assets in its IPO pipeline as of April 2026. Total listings reach 957 companies. Read more.
Economy
Minyakita Price Adjustment Not Linked to B50 Biodiesel Program: Trade Minister
Trade Minister Budi Santoso clarifies that upcoming Minyakita price adjustments are due to CPO costs, not the B50 program. Supply remains stable. Read more.
Economy
Indonesia to Maintain Coal Use to Secure Affordable Electricity: Minister Bahlil
Minister of Energy and Mineral resources Bahlil Lahadalia confirms Indonesia will continue using coal-fired power to ensure energy efficiency and low electricity rates. Read more.
Economy
Danantara Acquires Ride-Hailing Shares to Enforce 8% Commission Cap: DPR Deputy Dasco
DPF Deputy Speaker Sufmi Dasco Ahmad reveals sovereign wealth fund Danantara has acquired shares in ride-hailing apps to implement President Prabowo's 8% commission limit for drivers. Learn more.
Economy
Indonesia and China Launch Cross-Border QRIS Payment Linkage
Bank Indonesia and China officially launch cross-border QRIS, allowing seamless retail payments using local currencies (Rupiah and Yuan) to boost tourism and trade.
