Economy and Business

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 …

Jakarta (ANTARA) – Iran’s national currency, the rial, has been under intense global scrutiny amidst escalating geopolitical tensions and the far-reaching impact of global economic policies. A defining moment in this ongoing saga occurred when former United States President Donald Trump’s administration initiated a series of stringent measures, notably imposing tariffs of up to 25 percent on countries engaging in …

Jakarta – PT Bank Tabungan Negara (Persero) Tbk (BTN), one of Indonesia’s leading state-owned banks with a primary focus on housing finance, has articulated a considered response to the recent regulatory amendment by the Otoritas Jasa Keuangan (OJK). The new OJK directive stipulates that debts under Rp 1 million will no longer be displayed in the Financial Information Service System …