JAKARTA, Jakartaweekly.com–The Indonesia Financial Services Authority (OJK) has officially introduced rules allowing Danantara, Bank Indonesia (BI), and the Ministry of Finance to become shareholders of the Indonesia Stock Exchange (IDX). OJK Regulation (POJK) No. 13 of 2026 on Stock Exchange Shareholders came into effect on September 15, 2026. Head of OJK’s Capital Market, Derivatives Finance, […]
JAKARTA, Jakartaweekly.com—An economist said the government’s move to take over the debt of PT Kereta Cepat Indonesia China (KCIC), the operator of the Whoosh high-speed rail service, will still put pressure on the state budget, despite the use of a Special Mission Vehicle (SMV) mechanism. Center of Economic and Law Studies (Celios) Economic Director Nailul […]
JAKARTA, Jakartaweekly.com—The Indonesian government has introduced a new regulation that guarantees and protects investments in special debt instruments, Danantara Bonds, including Patriot Bonds and Merah Putih Bonds. The regulation, stipulated under Law No. 4 of 2026 amending Law No. 4 of 2023, is being viewed as a green light for investors due to the legal […]
JAKARTA, Jakartaweekly.com — The rupiah closed weaker against the U.S. dollar in Wednesday (April 29, 2026) trading, pressured by a stronger dollar index, rising global uncertainty, and domestic policy factors. Money market analyst Ibrahim Assuaibi said the rupiah fell 83 points to Rp17,326 per U.S. dollar, from the previous close of Rp17,243. “During the trading […]
