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Himbara Bank Board Shake-Up: Is Prabowo Signaling a Command Economy Shift?

17:07, 02 Feb 2026

The discourse surrounding the replacement of directors at several state-owned banks is seen by Celios Executive Director Bhima Yudhistira as an attempt to strengthen President Prabowo Subianto’s inner circle within the financial sector. Transparency International Indonesia (TII) records that o

BEI Demutualization: A 'Bloodless Coup' Behind the Resignation of 3 OJK Commissioners

17:03, 02 Feb 2026

Three commissioners of Indonesia’s Financial Services Authority (OJK) have stepped down, namely Chairman Mahendra Siregar, Vice Chairman Mirza Adityaswara, and Commissioner Inarno Djajadi. Their resignations followed the earlier departure of Indonesia Stock Exchange (IDX) President Director Im

China Develops a 'Future Machine' Said to Be Stronger Than Earth - What Is It?

14:38, 01 Feb 2026

China has officially unveiled its hypergravity machine, CHIEF1900, a facility that has set a new world record by generating gravitational forces up to 100 times stronger than Earth’s gravity. Developed by Shanghai Electric Nuclear Power Group and approved in 2021, the facility was constructed

Asian Currencies Under Fire - Only One Country Manages to Hold Ground

14:38, 01 Feb 2026

Most Asian currencies came under pressure against the US dollar during Friday morning trading (Jan. 30, 2026), following a broad strengthening of the greenback in global markets. According to Refinitiv data as of 9:50 a.m. WIB, nearly all Asian currencies weakened, with the South Korean won recordin

Purbaya Outraged: Foreign Ships Pay Only Rp670M in Taxes from Rp6T Potential

14:38, 01 Feb 2026

The Directorate General of Taxes (DGT) under the Ministry of Finance reported that tax revenue from domestic shipping activities reached Rp24 trillion. In contrast, revenue collected from foreign shipping operations amounted to only around Rp600 billion, despite an estimated potential of up to Rp6 t

Tighter Controls Pay Off: Indonesia Customs Collects Rp300.3 Trillion in 2025

14:38, 01 Feb 2026

The Directorate General of Customs and Excise (DGCE) of Indonesia’s Ministry of Finance recorded state revenue from customs and excise amounting to Rp300.3 trillion in 2025, marking a marginal increase of around 0.02% compared to 2024. This figure included excise revenue of Rp221.7 trillion, w

Blunt Statement from Purbaya: Indonesia's Economic Problems Can't Be Blamed on Global Factors

13:53, 28 Jan 2026

Global uncertainty has often been used by previous regulators as a justification for explaining the slowdown in Indonesia’s economic growth. In reality, the country’s economy is largely driven by domestic demand. This was stated by Finance Minister Purbaya Yudhi Sadewa during a seminar h

Surging Fast! Indonesia's Money Supply Hits Rp10.133 Trillion - Here's the Impact

13:44, 28 Jan 2026

Bank Indonesia (BI) reported a stronger expansion in economic liquidity in December 2025. Broad money supply (M2) grew by 9.6% year-on-year, accelerating from 8.3% growth in November 2025, bringing total M2 to IDR 10,133.1 trillion. According to BI’s Executive Director of the Comm

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