# finance

Strange Sell-Off in US Dollar Raises Specter of Investors Losing Trust in Trump’s America

Since mid-January, the dollar has fallen 9 percent against a basket of currencies, a rare and steep decline.
Business Apr 19, 2025 | 5:58 am

Indonesian Minister Says Trump's Sweeping Tariffs Defy Economic Logic

She noted that the Trump administration’s approach appears disconnected from established economic theory.
Business Apr 8, 2025 | 5:31 pm

Full List of Danantara’s Organizational Structure: Thaksin Shinawatra, Ray Dalio Included

Other prominent names include Columbia University economist Jeffrey Sachs and top equity portfolio manager F. Chapman Taylor.
Business Mar 24, 2025 | 3:20 pm

Danantara to Announce Full Organizational Structure, Potentially Including Former Presidents

Both former leaders were present on stage when President Prabowo Subianto officially launched Danantara on February 24.
Business Mar 5, 2025 | 11:49 pm

Danantara Executive Denies Reports of the Fund’s Complete Legal Immunity

The fund itself will have an oversight committee, auditors, and an ethics council to maintain accountability.
Business Feb 27, 2025 | 8:25 pm

Indonesia's Overseas Debt Stands at $424.8 Billion

The foreign debt-to-GDP ratio fell to 30.4 percent from 31.1 percent in the third quarter of 2024.
Business Feb 17, 2025 | 6:11 pm

Indonesia’s Forex Reserves to Soar $80 Billion as Exporters Must Keep Proceeds Onshore

Starting in March, all resource exporters must keep 100 percent of their earnings within the Indonesian domestic banks for at least a year.
Business Feb 17, 2025 | 2:54 pm

Danantara to Invest $20 Billion in 35 ‘Strategic Projects’

Under the law, Danantara is mandated to secure at least Rp 1,000 trillion (approximately $61.3 billion) in startup funding.
Business Feb 16, 2025 | 6:54 am

BNI Provides Business Loans for Indonesian Diaspora

The loans were facilitated through BNI’s overseas branches in Hong Kong, Tokyo, London, New York, Seoul, and Singapore.
Business Feb 10, 2025 | 10:02 am

What We Know About Danantara, Indonesia’s Second Sovereign Wealth Fund

The law mandates Danantara to secure at least Rp 1,000 trillion ($61.3 billion) in startup funding from state investments.
Business Feb 5, 2025 | 6:29 am

Banks Face Stricter Obligations Under OJK's New Bank Secrecy Rules

The regulation clarifies disclosure processes, imposes stricter obligations on banks, and streamlines access for law enforcement.
Business Feb 4, 2025 | 2:02 pm

Sri Mulyani Says Rupiah Remains Strong Despite Depreciation Against Dollar

The rupiah weakened by 1.14 percent against the dollar this month but she said the trend was shared by many currencies in the region.
Business Jan 24, 2025 | 9:41 pm

Online Borrowers Must Be at Least 18 with Regular Income, Says OJK

One of the most common forms of credit taken by younger borrowers is the "buy now, pay later" scheme offered by many e-commerce platforms.
Business Jan 22, 2025 | 3:51 am

Lawmaker Welcomes OJK’s Oversight Role in Crypto Asset Trading

Indonesia's crypto asset market has experienced rapid growth in recent years, with increasing adoption among retail investors.
Business Jan 9, 2025 | 7:14 pm

Indonesia Maintains Minimum Rp 100 Billion Capital Requirement for Crypto Traders

The OJK also retains the minimum equity requirement of Rp 50 billion for crypto traders under its new regulation.
Business Dec 29, 2024 | 10:18 pm

Bitcoin Nears $100,000 Mark in Post-US Election Surge

Bitcoin reached new record highs, surpassing $99,000 for the first time as its value surged more than 40 percent in just two weeks.
Business Nov 22, 2024 | 10:09 pm

Prabowo Introduces New Intelligence Agency under Finance Minister

The agency is expected to establish a secretariat and can open up to six regional offices across the country.
Business Nov 7, 2024 | 7:32 pm

PPKM Indonesia: New Platform Aims to Boost Financial Literacy

In today's era, people are expected to possess adequate financial literacy.
Special Updates Nov 5, 2024 | 4:01 pm

TD Bank to Pay $3 Billion in Historic Money-Laundering Settlement with US Gov’t

In one case, a man moved more than $470 million in drug proceeds and other illicit funds through TD Bank branches.
Business Oct 11, 2024 | 4:01 am

Indonesia, Malaysia Renew Local Currency Swap Agreement

The renewed agreement aims to boost the use of rupiah and ringgit in cross-border transactions.
Business Sep 27, 2024 | 4:27 pm

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