COMMISSION XI of the Indonesian House of Representatives, which oversees monetary and financial affairs, has approved Destry Damayanti as the new governor of Bank Indonesia for the 2026-2031 term. Damayanti succeeds...
Business
ERBI: QRIS USED BY 65.77 MILLION USERS AND ACCEPTED BY 44.86 MILLION MERCHANTS
BANK Indonesia (BI) reports that as of June 2026, QRIS has been used by 65.77 million users and accepted by 44.86 million merchants, 96.68% of which are Micro Small and Medium Enterprises (MSMEs). BI views the expansion...
FOREIGN INVESTOR POST US$1.8 BILLION NET INFLOWS Q3: DESTRY DAMAYANTI
FOREIGN portfolio investment into Indonesia recorded net inflows of US$1.8 billion in the third quarter through Aug. 14, acting Bank Indonesia Governor Destry Damayanti said. Speaking in Jakarta on Wednesday (08/19)...
MRT SAYS PHASE 2A OF THE NORTH-SOUTH LINE COSTS IDR25.3 TRILLION
PT MRT Jakarta stated that the construction cost of Phase 2A of the North-South Line is IDR25.3 trillion, funded by a cooperative loan between the Indonesian and Japanese governments. “This phase was built at a...
PRIVATE INVESTMENT IN INDONESIA’s NEW CAPITAL REACHES US$4.56 BILLION
INDONESIA’s Nusantara Capital Authority said 67 private investors have committed IDR74.54 trillion (about US$4.56 billion) to the country’s new capital, while public-private partnership projects have reached...
