The Financial Transaction Reports and Analysis Center (PPATK) plans to block bank accounts that are dormant or not actively used for transactions for three months.
Efforts to strengthen energy security and downstreaming in Indonesia are increasingly evident with the planned construction of 17 small modular oil refineries. Thus, oil distribution can be more evenly distributed so as to create one price throughout Indonesia and reduce oil supply shortages. Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that the focus of the investment is the construction of the refineries.
The use of local currency for cross-border transactions (LCT) in the first half of 2025 reached US$11.7 billion, growing 2.5 times compared to US$4.70 billion in the same period in 2024.
Amidst the issue of declining purchasing power, Indonesia's tourism and hospitality industry for the premium class is actually showing a positive stretch.
Daya Anagata Nusantara (Danantara) plans to invest $8 billion (around Rp130 trillion) in the construction of 17 modular refineries in the United States.
GIIAS is the inaugural event for 7 new brands and will be the stage to showcase new car variants.
The strategic role of domestic and foreign financial institutions as drivers in mobilizing capital for green investment through carbon trading.
Bank Indonesia's (BI) decision to lower its benchmark interest rate by 25 basis points signaled that the central bank was encouraging economic growth.
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