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Indonesia Moves Away from US Dollar! Plans Panda Bonds in China-Whatâ€™'s the Impact?

16:54, 06 May 2026

Finance Minister Purbaya Yudhi Sadewa has taken steps to support the rupiah, which is under pressure from the US dollar, by planning to issue new debt securities denominated in yuan in the Chinese market, known as Panda Bonds. “To strengthen the exchange rate, we will also issue b

US Dollar Hits Rp17,400! Purbaya Yudhi Sadewa Says 'Ask BI Instead'-Whatâ€™s Going On?

16:53, 06 May 2026

Finance Minister Purbaya Yudhi Sadewa responded to views from several parties who linked the weakening of the rupiah against the US dollar to a supposedly unstable state budget (APBN). The rupiah has continued to depreciate and even surpassed the level of Rp17,400 per US dollar in trading on Tuesday

Shop in China Using QRIS! No Cash Exchange Needed-Here's How It Works

09:36, 02 May 2026

The Governor of Bank Indonesia, Perry Warjiyo, has officially launched the cross-border implementation of the Quick Response Code Indonesian Standard between Indonesia and China. With this launch, Indonesian citizens can now conduct cashless transactions in China using QRIS. “T

Indonesia's Economy Heading to 8% Growth? Purbaya Sees Strong Early Signals

09:36, 02 May 2026

Finance Minister Purbaya Yudhi Sadewa expressed confidence that Indonesia’s economic growth trajectory toward 8 percent is beginning to take shape. He even projected that the target could be achieved within the next two to three years. “An 8 percent growth rate may seem too high to some,

US Dollar Surges to Rp17,255! What It Means for Indonesia's Economy Today

14:16, 29 Apr 2026

The rupiah opened weaker against the US dollar in Wednesday’s trading session (April 29, 2026). According to Refinitiv data, the currency started the morning in negative territory, depreciating by 0.26% to Rp17,255 per US dollar. This decline continues the pressure seen in the previous session

Tax from Indonesiaâ€™s 50 Richest Hits Rp142T-Enough to Fund Free Commuter Trains for 8 Years!

14:16, 29 Apr 2026

The imposition of a wealth tax on Indonesia’s trillionaires, if implemented, could generate significant funds that may be allocated to programs benefiting both society and the state, including housing development, forest restoration, healthcare, and education. A study by the Cente

Purbaya Yudhi Sadewa Rejects Rp514 Trillion Loan from IMF & World Bank-Here's Why

14:37, 22 Apr 2026

The Indonesian government has decided to decline a loan offer from the International Monetary Fund (IMF) and the World Bank amounting to between US$25 billion and US$30 billion, amid rising global uncertainty driven by geopolitical conflicts. This amount is equivalent to approximately R

Purbaya Yudhi Sadewa Proposes Ship Tax in Malacca Strait-Inspired by Iran, What's the Impact?

14:37, 22 Apr 2026

Finance Minister Purbaya Yudhi Sadewa has considered the idea of imposing a tax on shipping routes in the Malacca Strait, similar to Iran’s plan to charge vessels passing through the Strait of Hormuz. He stated that such a policy could potentially be implemented, given Indonesia&r

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