Economy and Business

Indonesia’s Proposed State-Owned Enterprise Takeover of Refined Sugar Raw Material Imports Sparks Economic Concerns Amidst Self-Sufficiency Push

Jakarta, VIVA – The Indonesian government is moving forward with a controversial plan to transfer the import of raw materials for refined sugar from private companies to State-Owned Enterprises (BUMNs). This significant policy shift, announced during a Hearing Meeting (RDP) with Commission VI of the House of Representatives (DPR) on Wednesday, April 8, 2026, aims to address long-standing issues within …

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Bappebti Reports Predominance of Small-Scale Digital Gold Transactions Amidst Rapid User Growth in Indonesia

The Commodity Futures Trading Supervisory Agency (Bappebti) has unveiled compelling data indicating that the vast majority of digital gold transactions in Indonesia are conducted in relatively small nominal values, a trend that underscores evolving investment behaviors and the growing accessibility of digital financial instruments. This insight, shared by Bappebti Head Tirta Karma Senjaya during the "Gold Under Fire: Investing in …

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The Dual Allure of Silver: Unpacking the Opportunities and Risks of the White Metal as an Investment Alternative

Jakarta (ANTARA) – Silver investment is increasingly drawing attention as a compelling alternative asset, primarily due to its significantly more accessible price point compared to gold. Beyond its affordability, silver presents a unique blend of industrial utility and investment potential, promising competitive returns in the dynamic commodities market. For individuals contemplating an entry into the world of precious metals but …

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Sandiaga Uno Champions Green Economy as Catalyst for Indonesia’s Sustainable Future

Jakarta, Indonesia – The green economy is rapidly solidifying its position as a pivotal framework for Indonesia’s development trajectory. Prominent entrepreneur and public figure, Sandiaga Uno, has emphatically articulated his belief that this innovative concept holds immense potential to serve as the primary engine driving Indonesia towards its vision of "Indonesia Maju" (Advanced Indonesia), ensuring a future that is both …

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BCA Digital and Monit Teknologi Indonesia Unveil Monit x bluCorporate Card, Revolutionizing Corporate Expense Management

Jakarta, Indonesia – In a significant move set to redefine corporate financial operations across Indonesia, BCA Digital, a pioneering entity in the nation’s digital banking sector, officially announced a strategic partnership with Monit Teknologi Indonesia. This collaboration culminates in the launch of the Monit x bluCorporate Card, an innovative corporate debit card seamlessly integrated with Monit’s sophisticated business expense management …

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Bappebti Unveils Plans to Regulate Silver Futures Trading Amidst Surging Investor Interest in Precious Metals Beyond Gold.

Jakarta, Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has announced its strategic intent to regulate silver futures trading, a move necessitated by the escalating public interest in precious metal investments extending beyond the traditional allure of gold. This proactive measure, articulated by Tirta Karma Senjaya, the Head of Bappebti, during an appearance on CNN Indonesia Prime News titled "Gold Under …

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Silver’s Ascent: Unpacking the Strategic Value and Growing Investment Appeal of the ‘Poor Man’s Gold’

Jakarta, Indonesia (ANTARA) – Beyond the perennial allure of gold, silver has firmly established itself as another precious metal of significant strategic value, increasingly recognized as a robust investment instrument. Its popularity has been on a steady upward trajectory, fueled by a growing public awareness of its multifaceted potential for profitability in the future. For discerning investors keen to tap …

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Indonesia’s Finance Minister Purbaya Yudhi Sadewa Engages Top US Investors, Reinforcing Macroeconomic Stability and Fiscal Strategy

Jakarta, Indonesia – In a crucial diplomatic and economic outreach effort, Indonesia’s Finance Minister, Purbaya Yudhi Sadewa, held high-level meetings with prominent institutional investors in New York and Washington D.C., United States, on Monday, April 13, 2026. The strategic engagements were designed to provide a comprehensive overview of Indonesia’s robust macroeconomic fundamentals and its forward-looking fiscal strategies, directly addressing potential …

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IMF Upgrades Russia’s Economic Outlook Amidst Surging Commodity Prices, Warns of Global Headwinds from Escalating Middle East Conflict

Jakarta, VIVA – The International Monetary Fund (IMF) has significantly revised upwards its growth projections for Russia, primarily attributing this unexpected resilience to elevated global commodity prices. This positive adjustment for Russia, however, arrives shadowed by a stark warning from the multilateral lender regarding the mounting economic risks posed by the escalating conflict in the Middle East, which is increasingly …

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IMF Hails Indonesia as a ‘Bright Spot’ Amid Global Economic Headwinds, Citing Robust Macroeconomic Management and Adaptive Policies

Jakarta, Indonesia – The International Monetary Fund (IMF) has lauded Indonesia as a significant "bright spot" in the global economy, a beacon of resilience amidst pervasive international pressures and uncertainties. This commendation was delivered by IMF Managing Director Kristalina Georgieva during the prestigious IMF Spring Meetings held in Washington D.C. on Tuesday, April 14th, underscoring the Southeast Asian nation’s exceptional …

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