ECONOMY

Jakarta, IO - The first day of the 37th Trade Expo Indonesia (TEI) at ICE BSD, Tangerang, Banten, saw 100 trade agreements signed simultaneously with buyers from 14 countries with a total transaction worth...

Jakarta, IO - Finance ministry's expert staff Yustinus Prastowo said four countries - Germany, Italy, Australia and the US - have committed to cancel Indonesia's debts totaling US$334.9 million (Rp5 trillion) through debt swap...

The United Nations Development Program (UNDP) warns that a serious debt crisis is brewing in the world’s poorest countries.

The Supreme Audit Agency (BPK) says the 2022-edition of the Rp100,000 and Rp50,000 bills could be easily forged, CNBC Indonesia reported on Friday (7/10).

Coordinating Economic Minister Airlangga Hartarto said the government continues to encourage the development of food bowl or food estates in a number of regions, from Sumatra to Papua. He said to date 60,000 ha has been developed in Central Kalimantan.

The Supreme Audit Agency (BPK) revealed 9,158 findings containing 15,674 issues amounting to Rp18.37 trillion in state financial statements in the first half of 2022 (H1-2022).

A number of State-Owned Enterprises (SOE) will be given state assets with state-run energy firm Pertamina receiving Rp3.3 trillion from Energy and Mineral Resources (ESDM) Ministry.

Recently the World Bank delivered “bad news”: the world is moving towards a recession in 2023, sparked by aggressive increase in global interest rates to tame inflation.

Indonesia’s external debt amounted to US$185.6 billion as of end of July, according to Bank Indonesia (BI).

President Joko Widodo officially launched the Government Credit Card (KKP) and the international Quick Response Code Indonesian Standard (QRIS), at Bank Indonesia (BI), Jakarta, Monday (29/8).

Bank Indonesia (BI) and the Finance Ministry launched the 2022 edition of Rupiah banknotes on Thursday (18/7). A total of seven banknotes were issued in different denominations from Rp1,000 to Rp100,000.