Super Garuda Shield Begins in Bandung as Indonesia Seeks to Avoid Provoking Beijing Super Garuda Shield, a 12-day military exercise hosted in Bandung, began Aug. 31 as Indonesia balances defence …
Indonesia
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Business
Bank Indonesia candidate Destry Damayanti affirms independence while pledging pro-growth policy
by Sato Asahiby Sato AsahiDestry Damayanti Faces Parliamentary Hearing as Sole Nominee for Bank Indonesia Governor Destry Damayanti, the sole candidate to become governor of Bank Indonesia, told lawmakers she will pursue pro-growth policies …
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Business
Indonesia Stock Exchange plans to scrap 50 rupiah minimum share price
by Sato Asahiby Sato AsahiIndonesia Stock Exchange to remove 50 rupiah minimum share price to boost liquidity Indonesia Stock Exchange to drop 50 rupiah minimum share price to boost liquidity and let prices reflect …
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Business
Bank Indonesia launches onshore credit card processing to boost consumer lending
by Sato Asahiby Sato AsahiBank Indonesia extends domestic credit card payment system to individuals, pressing Visa and Mastercard Bank Indonesia has extended a domestic credit card payment system to individual cardholders, aiming to boost …
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Business
Ramen Mania launches nationwide expansion in Indonesia with halal chicken and seafood broths
by Sato Asahiby Sato AsahiRamen Mania Indonesia: Chikaranomoto to Build Nationwide Halal Ramen Network Chikaranomoto’s Ramen Mania debuts halal-certified ramen in Indonesia, replacing pork with chicken and seafood broths as it aims for a …
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Business
Prabowo targets $11bn in SOE dividends to fund 6% Indonesia growth
by Sato Asahiby Sato AsahiPrabowo Seeks $11bn in SOE Dividends to Drive Indonesia Economy Toward 6% Growth Prabowo Subianto on Aug. 14, 2026 announced a plan to extract $11 billion in dividends from state-owned …
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Business
Destry Damayanti nominated by President Subianto to lead Bank Indonesia
by Sato Asahiby Sato AsahiPrabowo Names Destry Damayanti as Bank Indonesia Governor, Narrowing Parliamentary Choice Prabowo nominates Destry Damayanti as Bank Indonesia governor on Aug 10, 2026; a sole candidate submission limits the legislature’s …
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Business
Indonesia economy slows in Q2, government says full-year forecast needs game changer
by Sato Asahiby Sato AsahiIndonesia GDP growth slows in Q2 as household spending eases and external shocks bite Indonesia GDP slowed in the second quarter, official data released on August 5, 2026, showed, with …
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Business
Indonesia IPO market stalls amid policy uncertainty despite Southeast Asia rebound
by Sato Asahiby Sato AsahiIndonesia IPO Market Stalls as Policy Uncertainty Drives Issuers to Delay Listings Indonesia IPO market stalls despite regional rebound; policy uncertainty and valuation concerns prompt issuers to delay listings and …
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Business
Bank Indonesia Governor Perry Warjiyo Resigns, Markets Fall and Independence Concerns Grow
by Sato Asahiby Sato AsahiBank Indonesia governor Perry Warjiyo resigns, sparking market jitters and questions over central bank independence Bank Indonesia governor Perry Warjiyo resigned on July 27, prompting stocks and the rupiah to …