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News Update

News Update

Purbaya Criticizes Bahlil for Not Using DTSEN in Fuel Subsidy Distribution

00:38, 02 Oct 2025

Finance Minister Purbaya Yudhi Sadewa criticized Energy and Mineral Resources Minister Bahlil Lahadalia regarding the use of the National Socio-Economic Single Data (DTSEN) for distributing fuel subsidies.   Purbaya stated that the database is available and ready to use, but the Ministry
Bussiness | Economy

On Cigarette Excise, Purbaya Prioritizes Economic Interests?

00:38, 02 Oct 2025

Finance Minister Purbaya Yudhi Sadewa responded to criticisms regarding his decision not to raise cigarette excise rates in 2026.   Some critics argued that Purbaya is prioritizing economic growth over public health.   “If addressing health could create as many jobs as wo
Crypto News

Institutional Capital Inflows Surge as Visa Partnership Boosts XLM's Appeal!

00:38, 02 Oct 2025

Partnership with Visa Boosts Institutional Capital Inflows into Stellar (XLM) Institutional investor interest in Stellar (XLM) has surged sharply following the announcement of a strategic partnership between Visa and the Stellar network. The collaboration is seen as a signal that XLM has entered
Bussiness | Economy

No Wonder Prabowo is Furious! Rp47 Trillion Worth of Indonesian Tin Smuggled to Neighboring Countries

00:38, 02 Oct 2025

The Indonesian Tin Exporters Association (AETI) revealed that tin smuggling in Indonesia has become widespread. One example is the smuggling of tin from Indonesia to Malaysia, valued at approximately IDR 45-47 trillion.   AETI Chairman, Harwendro Adityo Dewanto, stated that the amount of
Bussiness | Economy

Breaking! Employees Earning Under Rp10 Million Tax - Free Until 2026

00:34, 02 Oct 2025

The government is finalizing the Income Tax Article 21 borne by the government (PPh DTP) incentive program through 2026 for workers in labor-intensive and tourism sectors. This was conveyed by Coordinating Minister for Economic Affairs, Airlangga Hartarto, following a meeting at Wisma Danantara, Jak
Bussiness | Economy

US Government Officially Shuts Down, First Time in 7 Years

00:33, 02 Oct 2025

The United States Congress failed to pass a budget before the midnight deadline, triggering the first federal government shutdown in nearly seven years — and the third under President Donald Trump.   The White House Office of Management and Budget ordered federal agencies to activat
Crypto News

itMine Shocks the Market, Acquires 200,000+ ETH in Just One Week!

00:33, 02 Oct 2025

BitMine Immersion Technologies Acquires 200,000 Ethereum, Total Reserves Reach 2.6 Million ETH Publicly listed crypto asset manager BitMine Immersion Technologies announced that it has purchased more than 200,000 Ethereum (ETH) in just the past week. With this acquisition, the company’s tot
Crypto News

Plasma Network TVL Soars, Breaking a Major Milestone!

00:33, 02 Oct 2025

Plasma Network’s TVL Surpasses US$4.9 Billion, Overtakes Base in DeFi Rankings The Total Value Locked (TVL) on the Plasma Network has recorded a significant surge after surpassing US$4.947 billion, establishing itself as one of the fastest-growing DeFi ecosystems among new blockchain projec
Bussiness | Economy

Rupiah Plunges to 16,700 per USD, Here's Purbaya's Response

14:53, 27 Sep 2025

Finance Minister Purbaya Yudhi Sadewa addressed the recent drop in the rupiah exchange rate, which briefly fell to IDR 16,700 per U.S. dollar. He believes the currency’s weakness is only temporary.   “I am confident the rupiah will return to its fundamental level,” Purb
Digital Investment

Ex-Investree CEO Faces 10 Years in Prison Over Rp2.75 Trillion Loss!

14:53, 27 Sep 2025

The Financial Services Authority (OJK), in collaboration with the Indonesian National Police (Polri) and several related ministries and institutions, has successfully repatriated and detained the suspect in an illegal public fundraising case, former CEO of PT Investree Radika Jaya (Investree), Adria
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