Investor Daily Summit: Building Optimism in Uncertainty

At Investor Daily Summit, a wide range of stakeholders will share their insights on propelling the country’s economy amid uncertainties.

#ECONOMY

Indonesia Inflation Jumps to The Highest Level in Seven Years

Subsidized fuel prices hike early in the month raised energy and transport costs for the country's consumers.

OCTOBER 03 #ECONOMY

Astra Agro Responds to Nestle's Boycott Call

Nestle has asked its suppliers to refrain from buying palm oil from three affiliates of Astra Agro.  

OCTOBER 02 #CORPORATE NEWS

Traveloka Secures $300m Financing from INA, BlackRock

The financing allows Traveloka to strengthen its balance sheet further as the company recovers from the impacts of the Covid-19 pandemic.

SEPTEMBER 30 #CORPORATE NEWS

Toyota to Build Hybrid Cars in Indonesia, Not in Rush to Go All-Electric 

Toyota said going full-electric is not feasible in the local market at present because few consumers can afford the price of an EV.

SEPTEMBER 28 #CORPORATE NEWS

Telkom Remains Most Valuable Indonesian Brand This Year

Telkom’s brand value grew to $4.7 billion this year, thus enabling the company to retain its title of the most valuable Indonesian brand.

SEPTEMBER 28 #CORPORATE UPDATES

Indonesia Expects to Tap $300b Digital Economy by 2030

Indonesia's digital economy size could swell by more than seven times in this decade.

SEPTEMBER 27 #ECONOMY

These Photos Could Signal Premature End to Prabowo Coalition

Muhaimin talked about a potential collaboration with PDI-P for the 2024 election just a month after he forged a coalition with Gerindra.

September 28 #POLITICS

Multipolar Deputy CEO Rudy Ramawy Passes Away

Rudy was one of the notables in Indonesia's technology industry.

SEPTEMBER 23 #ECONOMY

Indonesia's P2P Lenders Set to Disburse $17b in Loans in 2022: Association

The association upgraded the 2022 projection after seeing the industry maintaining its rapid growth so far this year. 

SEPTEMBER 23 #ECONOMY

Central Bank Lifts Benchmark Rate by 50 Points

The Q3 economic growth is projected to reach 5.5 percent according to Central Bank Governor Perry Warjiyo.

SEPTEMBER 22 #ECONOMY

Indonesia Offers Incentives, Cuts Red Tape for Green Investment

Indonesia is trying to make its investment climate as attractive as possible to draw investment in the green sector.

SEPTEMBER 21 #ENVIRONMENT

ADB Upgrades Indonesia's Growth Forecast

ADB projected the largest economy in Southeast Asia would expand by 5.4 percent this year, up from its previous projection of 5.0 percent.

SEPTEMBER 21 #ECONOMY

Astra Makes a Move to Conquer Digital Bank Landscape

Astra and its fintech partner WeLab completed Bank Jasa Jakarta's acquisition to establish a new digital bank.

SEPTEMBER 19 #CORPORATE NEWS

Jokowi Bans New Coal-Fired Power Plants, With Few Exceptions

Ongoing coal-fired power plant projects or ones tied to National Strategic Projects can continue construction.

SEPTEMBER 15 #COMMODITY

Presidential Decree on Coal Phase-out Comes Together with EV Mandate

According to the decree, coal-burning power plants should no longer exist by 2050.

SEPTEMBER 15 #ENERGY & MINERALS

Wika to Introduce Less Expensive Electric Motorcycle

Wika claims to control 26 percent of Indonesia's total market share of all-electric motorcycles today.

SEPTEMBER 14 #CORPORATE NEWS

Builders Begin to Secure Contracts from the Nusantara Project

The government's development project for Nusantara, Indonesia's new capital, has started to grant contracts to listed state-owned builders.

SEPTEMBER 13 #CORPORATE NEWS

Luhut Makes Push for Gasoline Car Restrictions 

Luhut said the average fuel consumption reaches 1,500 liters for a car and 305 liters for a motorcycle a year.

SEPTEMBER 11 #ENERGY & MINERALS

Pertamina Trials Fuel Restrictions at Gas Stations

The sale of subsidized gasoline product Pertalite is limited to 120 liters per vehicle per day.

SEPTEMBER 10 #ENERGY & MINERALS

Indonesia's Foreign Exchange Reserves Unchanged in August

The result halted eight consecutive months of decline, highlighting Indonesia's resilience against rising global financial market volatility

SEPTEMBER 07 #ECONOMY