Norway gave Indonesia US$100 million to continue its sustainable deforestation efforts, a “second chance” following the failing REDD+ scheme.
Astra, teaming up with WeLab, has introduced Bank Saqu as its new tool to penetrate the retail MSME segment.
KPK has been investigating Pius Lustrilanang, a member of the Supreme Audit Agency, in alleged bribery related to the Sorong Regency.
OCBC Indonesia has acquired 99 percent of Commonwealth Bank Shares of Rp 2.22 trillion.
Indonesia has maintained a trade surplus for 42 consecutive months, providing support to the Rupiah amidst the strengthening US Dollar and capital outflows.
The government has planned to boost its tax revenue target to support the soaring state expenditure ahead of the end of the year.
Norway-based Norfund has granted US$7.5 million in funding to Modalku, a platform targeting MSME funding. Modalku has earlier targeted the Southeast Asian underbanked MSMEs as the primary target.
OJK acknowledged that the crypto asset transactions have steeply decreased, pointing fingers at the implementation of the value-added tax and income tax that demoralized investors.
CIMB Malaysia and JTrust have named their price on the competition to secure Bank Commonwealth Indonesia's shares in the hope of reaching Southeast Asia's biggest market.
The Indonesia Stock Exchange has recorded fundraising that surpasses the target, thanks to a high interest rate that encourages funds raining on the stock exchange.