The central bank of Indonesia (Bank Indonesia) made a surprising move on Wednesday (15 January 2025) by cutting its benchmark interest rate by 25 basis points (bps) to 5.75 percent.

The VAT rate hike for luxury goods (from 11 percent to 12 percent per January 2025) makes it more expensive for people to buy luxury cars (although these only constitute a small portion of total car ...

Analysts feel that the cryptocurrency market in Indonesia can get a wave of fresh air now that the supervision of crypto trading in Indonesia was transferred from the Commodity Futures Trading ...

Tea is one of the world's most consumed beverages. It is thought to originate from China where tea has been drunk for thousands of years. Around the 16th century, when the Portuguese were expanding ...

The LQ45 index, compiled by the research and development division of the Indonesia Stock Exchange (IDX), consists of 45 stocks that meet a number of specific criteria. One of the key criteria is that ...

In the period before western European powers were able to control Southeast Asian soil and waters, there existed no Indonesia. The archipelago we now know as Indonesia consisted of islands and estates ...

Indonesia's abundance and variety of commodities is a vital asset to the country's economy (and government revenues) as commodities account for around 60 percent of exports. But being a major ...

Cement is an important element for a nation's economy as this binder is a building material used for infrastructure and property development. As such, cement sales gives valuable information about ...

PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. It is a low-cost carrier that currently accounts for around 40 percent of market share in Indonesia's air ...

PT Sumber Energi Andalan Tbk is an Indonesia-based company engaged in trade (import & export) and consulting businesses in the mining and energy industries. The company is also engaged in provisioning ...