PIER projects 8.8% credit growth in 2025
17 May 2025 14:19
Credit growth is projected at 8.8%, well below Bank Indonesia’s guideline range of 11–13%.
Astra backs Equinix to build JK1 data centre
17 May 2025 12:52
Equinix has just inaugurated its first urban data centre in Indonesia, named JK1.
AGRO to buy back IDR 20 billion in shares for MESOP
17 May 2025 12:06
Buyback price not yet determined but will comply with OJK regulations.
Moody’s downgrades United States’ perfect credit rating
17 May 2025 09:08
For the first time since 1917, Moody’s cuts US credit rating to Aa1.
HGII to invest IDR 1.1 trillion in two renewable power plant projects
16 May 2025 15:49
HGII explores funding options for renewable energy power plant projects requiring IDR 1.1 trillion.
First since 1915, The Fed saw USD 192 billion loss; what does it mean?
16 May 2025 10:07
The Fed incurred consecutive losses in 2023 and 2024, totalling USD 192 billion.
KG Mobility partners with Pindad to produce electric cars and buses
15 May 2025 22:31
South Korean KG Mobility and PT Pindad join hands on targeted EV production of 200,000 units.
Citadel boss Ken Griffin: Cash is safe, but it’s not our culture
15 May 2025 20:21
Holding cash during crises is safe, but that’s not our way.
Indonesia raises CPO export levy to 10% in push for biodiesel projects
15 May 2025 07:49
Indonesia seeks to boost downstream palm oil industry performance by increasing export levy rates.
Kim Jong-un orders North Korean military to prepare for war
14 May 2025 22:20
Kim Jong-un instructs North Korean armed forces to be fully ready for war.