JAKARTA, Jakartaweekly.com–The Indonesia Financial Services Authority, OJK, said that climate risks such as Super El Nino could increase the risk of non-performing loans (NPLs). Head of OJK’s Banking Supervision Executive Dian Ediana Rae explained that the El Nino phenomenon needs to be considered as one of the risks that warrants attention, particularly because it could […]
JAKARTA, Jakartaweekly.com — The Indonesia Financial Services Authority (OJK) recorded that buy now, pay later (BNPL) financing provided by financing companies reached Rp13.62 trillion as of July 2026, representing annual growth of 54.65%. The non-performing financing (NPF) ratio for BNPL declined to 3.03% as of July 2026, compared with NPF in June at 3.09%. Meanwhile, outstanding […]
JAKARTA, Jakartaweekly.com—The Financial Service Authority (OJK) has asked banks to block 38,375 accounts suspected of being linked to online gambling activities, based on data provided by the Ministry of Communication and Digital Affairs. The number is going up from around 36.735 accounts. The OJK has also asked banks to broaden the scope of their review […]
JAKARTA, Jakartaweekly.com—Foreign net capital inflows into Indonesia’s stock market throughout August 2026 stood at Rp1.19 trillion, down from the Rp1.62 trillion net buy recorded in July 2026. Despite the decline in foreign net inflows, the Indonesia Stock Exchange Composite Index (IHSG) or Jakarta Composite Index (JCI) gained 4.64% month-on-month (mtm) in August, closing at 6,525.48. […]
JAKARTA, Jakartaweekly.com—The six-month deadline for foreign venture capital companies already operating in Indonesia to obtain approval from the Financial Services Authority (OJK) for their representative offices has expired, with no company reportedly having met the requirements under the new regulation. Information circulating in the market indicates that no foreign venture capital company has yet complied […]
The Financial Services Authority (OJK) has officially named seven new board members of the Indonesia Stock Exchange (IDX) for the 2026-2030 term. Capital market observer Fendi Susiyanto welcomed the new lineup, stating that the structure is well-equipped to navigate a highly volatile global market and boost the exchange's competitiveness.
Indonesia’s crypto market remains under pressure amid global volatility, but regulators and industry players say investor confidence is still intact. OJK recorded 21.37 million crypto users by March 2026, while Tokocrypto and INDODAX highlighted signs of gradual recovery and continued market participation.
The "Wild West" era of digital anonymity in Indonesia is over. Under the new PMK No. 23 of 2026, the government has officially authorized the seizure of crypto assets—including Bitcoin and NFTs—to settle state debts. With the power to bypass debtor consent and liquidate digital wallets instantly, the state is treating your crypto just like cash or property. Is this the ultimate legitimization of digital assets, or a high-tech trap for investors?
Indonesia’s financial regulator OJK has extended deadlines for audited financial reports and SLIK reporting obligations, aiming to support insurers’ readiness and strengthen reporting quality across the sector.
Chief Justice Sunarto has officially sworn in the new OJK leadership team. Led by Friderica Widyasari Dewi, the board aims to strengthen crypto oversight and consumer protection through 2032.
