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 ...

Indonesia - a vast archipelago comprising more than 17,000 islands - contains a population numbering around 255 million people; a number that makes Indonesia the fourth most populous country in the ...

The emergence of Indonesia’s Reformation Period (Reformasi in Indonesian) after Suharto stepped down from the presidency in 1998 implied a significant break with the past. Indonesian politics changed ...

Berau Coal engages in open-cut mining of coal. Berau Coal has a concession area of approximately 118,400 hectares in East Kalimantan, the single largest coal mining concession in Indonesia, with ...

Our Portfolio Largest Market Capitalization contains the ten largest listed Indonesian companies based on market capitalization. Together, these companies account for about 40 to 45 percent of total ...

Holcim Indonesia operates two cement plants; one in Narogong (West Java) and the other in Cilacap (Central Java), and it owns a cement grinding station in Ciwandan (Banten). In a period of four years, ...

Kimia Farma has developed into a company with integrated health services in Indonesia. Its pharmaceutical business is supported by manufacturing, research and development, marketing, distribution, ...

The government of Indonesia finally launched its ambitious tax amnesty program on 18 July 2016. The program's main aims are to improve tax compliance in Indonesia, boost the government's tax revenue ...

Apart from adding toll roads length through tenders, Jasa Marga also obtains toll road concessions through acquisition as well as through unsolicited method. It may acquire new (potential) toll roads ...