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Luhut: Indonesia Studies Eight Global Financial Hubs to Develop PFII

11:48, 28 Oct 2026

The government is studying eight global financial centres as it develops the concept for the Indonesia International Financial Centre (PFII) in Jakarta and Bali. National Economic Council Chair Luhut Binsar Pandjaitan cited Singapore, Abu Dhabi, Dubai, and Gujarat among the examples being examined.

Jakarta Keeps Mikrotrans Free and Expands Free Transjakarta Access

11:48, 28 Oct 2026

Jakarta’s provincial government has not discussed changing Mikrotrans fares. Suharini Eliawati, the regional assistant for economic and financial affairs, said strong public demand is one consideration and described the service as especially close to residents. For Transjakarta, the adminis

JCI May Remain Under Pressure Amid Rupiah Weakness and Higher Bond Yields

11:48, 28 Oct 2026

The Jakarta Composite Index (JCI) was expected to move sideways with a downward bias on Wednesday, October 28, 2026. Bloomberg Technoz said pressure was linked to a weaker rupiah, rising government bond yields, and continued foreign investor selling. The JCI closed 1.99% lower at 5,266.13 on Tues

Local-Currency Trade Settlements Seen Reaching US$55 Billion

11:48, 28 Oct 2026

Bank Indonesia expects the value of trade and investment settled using local currencies, or Local Currency Transactions (LCT), to reach around US$55 billion by the end of 2026. BI Governor Destry Damayanti shared the projection at the Danantara Technology Innovation Investment Forum in Jakarta on Mo

Jamkrindo Guarantees Rp271.2 Trillion in MSME Loans, Posts Rp1.1 Trillion Pre-Tax Profit

11:28, 28 Oct 2026

State-owned credit insurer PT Jaminan Kredit Indonesia (Jamkrindo) recorded Rp271.20 trillion in guarantee volume through September 2026. The support reached 2.97 million MSME operators and cooperatives and was associated with 9.46 million jobs. The company also posted Rp1.1 trillion in pre-tax prof

BCA’s Profit Rises 4.2% to Rp45.2 Trillion Through September 2026

11:28, 28 Oct 2026

PT Bank Central Asia (BCA) and its subsidiaries recorded Rp45.2 trillion in net profit through September 2026, up 4.2%. Loans grew 12.6% to Rp1,063 trillion. Productive loans reached Rp831 trillion, up 17.2%, including corporate lending of Rp528.1 trillion (+20.9%), commercial loans of Rp154.1 trill

PKB Urges Targeted Three-Million-Home Program as Realization Reaches 1.79 Million Units

11:27, 28 Oct 2026

Indonesia’s National Awakening Party (PKB) urged the Three-Million-Home Program to reach low-income households. Bisnis.com reported that 9.29 million households, or 12.39%, do not own a home. From January 2025 through October 15, 2026, the program had realized 1.79 million units: 1.1 million n

Natuna Gas Starts Flowing to Batam, Gradually Ramping Up to 15 MMSCFD

11:27, 28 Oct 2026

PLN Energi Primer Indonesia (PLN EPI) began sending natural gas from Natuna through the West Natuna Transportation System (WNTS)–Pemping pipeline for PLN Batam power plants at 00:25 WIB on October 27, 2026. The gas had previously been exported to Singapore. Acting PLN EPI President Director Ra

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