The Bank of Indonesia (BI) Board of Governors Meeting (RDG BI) on Wednesday (20 August), decided to lower the benchmark BI Rate to 5%. Meanwhile, the Deposit Facility rate was lowered to 4.25% and the Lending Facility rate to 5.75%. The policies are consistent with the relatively low inflation proje... [read more]

PT Pakuwon Jati officially began construction of its giant project, Pakuwon Mall Semarang, located in the Gombel area. The project with Rp5.6 trillion investment is claimed to be the first Pakuwon's superblock in Semarang which will transform the city landscapes, both economically and socially by be... [read more]

The Minister of Finance Sri Mulyani Indrawati stated that several strategies have been prepared to achieve the 2026 economic growth target of 5.4%. The Finance Ministry will provide incentives to local governments to boost investment and increase the national export. The government will also utilize... [read more]

PT Cerita Restock Teknologi Amannah Tbk. (RestockTech) entered a strategic partnership with PT Pos Indonesia (Persero) and PT Pos Properti Indonesia by signing the Memorandum of Understanding (MoU) for the utilization of properties owned by Pos Indonesia. This collaboration is aimed to strengthen Po... [read more]

The Bank of Indonesia (BI) confirms to delay the launch of Payment ID, previously planned to launch on Sunday (17th August), and that the system remains in trial. Despite no official confirmation of when the system will be implemented, the system is planned to be implemented in phases starting from... [read more]