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 ...

In the period before western European powers were able to control Southeast Asian soil and waters, there existed no Indonesia. The archipelago we now know as Indonesia consisted of islands and estates ...

Indonesia's abundance and variety of commodities is a vital asset to the country's economy (and government revenues) as commodities account for around 60 percent of exports. But being a major ...

Currently, Krakatau Steel’s production capacity of crude steel is 2.45 million tons per year. Through its ten subsidiaries, the company has a diversified business empire, which include ...

Matahari Putra Prima is engaged in Indonesia's retail business through its Matahari Food Division. This division operates several retail chains, including Hypermart, Foodmart and Boston Health and ...