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Purbaya to Bring in Foreign IT Experts to Fix Indonesia's Coretax System!

12:58, 23 Sep 2025

Improving the speed and stability of the tax administration core system, known as Coretax, has become one of Finance Minister Purbaya Yudhi Sadewa’s key priorities to boost tax revenue. He stressed that the ongoing issues with Coretax, which have persisted since its launch on January 1, 2

Digital Investment

Inside the Company of the World's Richest Person Planning to Invest in Indonesia!

15:50, 22 Sep 2025

Oracle Corporation, the technology company owned by billionaire Larry Ellison, is reportedly planning to invest in Indonesia. What kind of company is Oracle? This information was revealed directly by the Minister of Investment and Downstreaming as well as the Head of BKPM, Rosan Roeslani, through a

Bussiness | Economy

Key US & China Data Hit Indonesia This Week - IDX and Rupiah on High Alert!

15:50, 22 Sep 2025

Indonesia’s domestic financial market closed last week with mixed performance. The Jakarta Composite Index (JCI) achieved a historic all-time closing high of 8,051.12 on Friday (September 19, 2025). On the other hand, the rupiah weakened to its lowest level in four months, highlig

Foreign Investors Net Buy IDR 3 Trillion, But BBCA Dumped with IDR 1.24 Trillion Sell-off!

15:50, 22 Sep 2025

Foreign capital inflows once again surged into the Indonesia Stock Exchange (IDX). During the trading week of September 15–19, 2025, foreign investors recorded a net buy of Rp 3.03 trillion. However, despite the strong buying activity, several large-cap stocks were actually the target of net s

Shell, BP, and Vivo Fuel Prices Today After Agreeing to Buy Supply from Pertamina

15:50, 22 Sep 2025

Private fuel station operators such as Shell, BP, and Vivo have agreed to purchase pure fuel or base fuel from Pertamina in order to address supply shortages. The scarcity of fuel at private gas stations in recent weeks occurred because their stock had run out, even though they had already received

Bussiness | Economy

Purbaya's Cigarette Tax Policy Puzzle - Will It Rise or Fall?

15:49, 22 Sep 2025

Players in the tobacco industry and farmers are awaiting the policy decision on Tobacco Excise Duty (CHT) from Finance Minister Purbaya Yudhi Sadewa. This anticipation has grown stronger after Purbaya remarked that the current cigarette excise rates are excessively high. He even shared

Bussiness | Economy

Prabowo Targets 5.3% Economic Growth in 2025, Investment to Hit IDR 7,593 Trillion!

12:33, 19 Sep 2025

President Prabowo Subianto has officially issued Presidential Regulation (Perpres) No. 79 of 2025 concerning the Updating of the Government Work Plan (RKP) for 2025. This document serves as the national development guideline for the first year of implementing both the National Long-Term Development

Trump Failed to Block China - Is America No Longer Needed?

12:33, 19 Sep 2025

The United States’ (US) attempt to block China’s access to AI chips has backfired. Instead of weakening China, it has motivated the country to accelerate the development of domestic AI chips, reducing its dependence on US technology. According to Reuters on Thursday (Sept 18

Foreign Investors Caught Secretly Buying 10 Stocks While IDX Turns Red

12:33, 19 Sep 2025

The Jakarta Composite Index (JCI) weakened in trading on Thursday, September 18, 2024. The index closed lower by 0.21% or 16.75 points, ending at 8,008.43. At market close, 421 stocks were in the red, 287 advanced, and 248 remained unchanged. The total transaction value reached IDR 21.3

Bussiness | Economy

Indonesia's 2026 State Budget Hits IDR 3,842 Trillion - IDR 2,070 Trillion Goes Directly to the People!

12:33, 19 Sep 2025

The government has confirmed that 53.87% of state spending will directly benefit the public, amounting to IDR 2,070 trillion out of the total IDR 3,842.7 trillion. According to Febrio Nathan Kacaribu, Director General of Economic and Fiscal Strategy at the Ministry of Finance, this dire

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