Macro

The Macro section presents macroeconomic developments—fiscal, monetary, inflation, and key indicators—that affect corporate strategy, the investment climate, and cross-sector decision-making. Focus on what has an impact, not what is crowded.

96 posts
Macro

September Inflation Due to "Demand-Pull", a Sign of Improved Purchasing Power

The Central Bureau of Statistics (BPS) released inflation data in September 2025 reaching 2.65% year on year (YoY), an increase compared to August 2025 which was at 2.31%.

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4 Minutes
By: Benedict Krisna Yogatama, Harits Naufal Arrazie

Synchronized and Precise Data, the Key to Improving Energy Subsidy Distribution

As of September 2025, the government has realized subsidies of IDR 218 trillion, or 43.7% of the 2025 APBN ceiling of IDR 498.8 trillion. The largest subsidies and compensation are allocated to cover the economic prices of diesel fuel, kerosene and 3 kg of LPG

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4 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana
featured

Real Sector Desire to Rise, Palm Oil Leans on Revenues

Real sector businesses have an important role as a contributor to state revenue and the motor of the country's economic growth this year and next.

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5 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana
featured

To Pursue Growth, State Spending Must Be Accelerated in the Right Way

Looking forward to the last quarter of 2025, the Ministry of Finance revealed that state spending absorption has only reached half of the predetermined State Budget outlook. In fact, there are still growth targets that must be pursued in the next three months.

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7 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana, Dian Amalia Ariani

Following BI Rate Decline, LPS Rate also Decreases

LPS decided to lower the lending rate (TBP) by 25 basis points (bps) to 3.50% for rupiah deposits at commercial banks.

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5 Minutes
By: Benedict Krisna Yogatama

Lower Interest Rates, Time for Real Sector to Take Credit for Expansion

Triggered by Bank Indonesia's (BI) benchmark interest rate cuts, banks are slowly lowering their lending rates. With lower lending rates, the real sector is preparing to take out investment loans or working capital loans to be ready for expansion.

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3 Minutes
By: Benedictus Krisna Yogatama, Ridho Sukra

Slow Non-Tax Revenue, Pursue in Downstreaming and Private Collaboration

The government is signaling that it is ready to ease Non-Tax State Revenue (PNBP) levies. As of the first semester of 2025, PNBP collected IDR 222.9 trillion or 43.4% of the 2025 State Budget target of IDR 513.8 trillion.

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5 Minutes
By: Benedictus Krisna Yogatama, Dian Amalia Ariani

Whether the Ministry of SOEs is merged into Danantara or not, its main task: Asset Optimization

A number of circles consider that the vacant position of Minister in the Ministry of SOEs emphasizes that Danantara is designed to directly oversee all state-owned companies.

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2 Minutes
By: Tria Dianti, Ridho Sukra

Between Diminishing BI's Independence and Restoring its Original Mandate

The House of Representatives is again attempting to undermine BI's independence through various new articles in the draft revision of Law No. 4 of 2023 on P2SK. There are articles that are feared to undermine BI's independence.

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4 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana

BI Rate Drops 3 Months in a Row, Affirming Pro-Growth Monetary Authority

Bank Indonesia's Board of Governors Meeting decided to cut the benchmark interest rate by 25 basis points. This confirms BI's pro-economic growth stance.

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4 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana

Measuring the Benefits of the Latest "8+4" Economic Stimulus

The government has again launched an economic incentive package called 8+4. This incentive targets apprentice workers to tax incentives.

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5 Minutes
By: Benedictus Krisna Yogatama, Dian Amalia Ariani
featured

Waiting for Economic Acceleration from IDR 200 Trillion Injection

The government claims to have injected IDR200 trillion into five state banks on Friday last week. Let's see how far this can accelerate economic growth.

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4 Minutes
By: Benedictus Krisna Yogatama, Chris Wibisana

Showing 12 of 96 total posts