Economy and Business

Jakarta, VIVA – The recent ratification of the Law on the Indonesian International Financial Centre (PFII) marks a pivotal moment for Indonesia’s economic future, signaling a robust commitment from both the government and the House of Representatives (DPR RI) to fortify the national economic framework. This landmark legislation, officially enacted on Tuesday, July 21, 2026, at 23:20 WIB, is widely …

Jakarta, [Insert Current Date] – The rapid evolution of Indonesia’s tax administration system, particularly with the introduction of the CoreTaxify platform, has created a pressing need for enhanced professional competencies across the nation’s accounting and taxation sectors. Recognising this critical gap, Piranha Smart Center (PSC) in collaboration with SET Academy has announced the Certified CoreTaxify Professional (CCP) training and certification …

For decades, gold has reigned supreme as the undisputed monarch of precious metal investments, celebrated for its intrinsic value, perceived stability, and role as a safe haven during economic turbulence. However, a significant paradigm shift is underway in the investment landscape, bringing silver into sharp focus as an increasingly attractive and accessible alternative, particularly for novice investors. This re-evaluation of …

Jakarta, Indonesia – The Directorate General of Taxes (DGT) within Indonesia’s Ministry of Finance (Kemenkeu) has issued a comprehensive clarification regarding the involvement of personnel from the Indonesian National Armed Forces (TNI) and the National Police (Polri) in taxpayer supervision activities. Director-General of Taxes, Bimo Wijayanto, publicly addressed the matter from the Kemenkeu office in Jakarta on Tuesday, July 21st, …

Jakarta, VIVA – The Indonesian government is poised to make a significant move in its debt management strategy, with Finance Minister Purbaya Yudhi Sadewa announcing plans to issue a US$1 billion equivalent Panda Bond on July 23, 2026. This landmark issuance, denominated in China’s domestic currency, the Yuan, underscores Indonesia’s commitment to diversifying its funding sources and strengthening its economic …

The Jakarta Composite Index (IHSG) closed trading on Tuesday, July 21st, maintaining an extraordinary nine-day streak of gains, a significant display of resilience and investor confidence in the Indonesian market. The benchmark index surged by 1.74% to settle at 6,340.02 points, marking its highest closing level in recent memory following a sustained upward trajectory. This impressive rally, which commenced on …

Silver, often overshadowed by its more lustrous counterpart, gold, is increasingly garnering attention as a compelling alternative asset for investors seeking diversification and growth opportunities within the precious metals sector. Its relative affordability, coupled with a unique blend of industrial and investment demand, positions silver as a fascinating, albeit complex, instrument in today’s dynamic economic landscape. While it offers significant …

Jakarta, CNN Indonesia – Indonesia’s financial system has demonstrated remarkable resilience, maintaining robust stability throughout the first half of 2026, despite a landscape of heightened global uncertainties. This steadfast performance was officially affirmed by Finance Minister Purbaya Yudhi Sadewa, who also chairs the influential Financial System Stability Committee (KSSK), during a pivotal meeting with Commission XI of the House of …

Jakarta, VIVA – The Indonesian government is actively considering a reduction in the prices of non-subsidized fuels, a move that could materialize if the current downward trend in global crude oil prices persists. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, confirmed on Monday, July 20, 2026, that the administration is meticulously calculating the potential impact of these global …

Jakarta, Indonesia – Rosan Roeslani, Chief Executive Officer (CEO) of Danantara Indonesia, has confirmed that Danantara Sumberdaya Indonesia (DSI) has successfully tracked and facilitated the management of US$10.5 billion in foreign exchange from export activities within just over a month of its operational commencement. This significant achievement, initially highlighted by President Prabowo Subianto, underscores a pivotal shift in Indonesia’s approach …