JAKARTA, JakartaWeekly.com—Indonesia Stock Exchange (IDX) President Director Jeffrey Hendrik said international index provider FTSE Russell has maintained Indonesia’s stock market classification as a Secondary Emerging Market. FTSE Russell has also excluded Indonesia from its watch list for a potential downgrade. Jeffrey made the statement at a joint press conference with the Financial Services Authority (OJK) […]
JAKARTA, JakartaWeekly.com—The Indonesia Financial Services Authority (OJK) has extended the period during which listed companies can conduct share buybacks without approval from a General Meeting of Shareholders (GMS) until June 2027. The extension is in accordance with OJK Regulation (POJK) No. 13 of 2023. Hasan Fawzi, OJK’s Chief Executive for Capital Markets, Derivatives Finance, and […]
JAKARTA, JakartaWeekly.com—The Financial Services Authority (OJK) has imposed sanctions on parties that violated capital market regulations in cases involving three issuers listed on the Indonesian stock market: PT Dian Swastatika Sentosa Tbk (DSSA), PT Barito Renewables Energy Tbk (BREN), and PT Petrindo Jaya Kreasi Tbk (CUAN). OJK handed the sanction letters directly to the parties […]
JAKARTA, Jakartaweekly.com — Indeks Harga Saham Gabungan (Jakarta Composite Index/JCI) closed at 6,071.14 at the end of September 2026. This means the JCI fell 6.96% month-on-month (mtm) in September 2026, bringing its year-to-date (ytd) decline to 29.79%. Foreign investors showed a selling trend in the stock market, recording a net sell of Rp10.24 trillion in […]
JAKARTA, Jakartaweekly.com—The Indonesia Financial Services Authority (OJK) said that the era of high interest rates is likely to continue, marked by rising policy rates in the United States (US), Europe, and Japan. OJK Chairman of the Board of Commissioners Friderica Widyasari Dewi said rising inflation has prompted global central banks to maintain a ‘higher for […]
JAKARTA, JakartaWeekly.com–The Financial Services Authority (OJK) recorded several developments in Indonesia’s digital financial services sector as of July 2026. Banking loans reached Rp9.135 trillion, growing 13.58% year-on-year (yoy), supported by strong capitalization, with the banking industry’s Capital Adequacy Ratio (CAR) standing at 23.84%. Meanwhile, outstanding online lending reached Rp105.63 trillion, a sevenfold increase from 2020. […]
JAKARTA, Jakartaweekly.com — The Indonesia Financial Services Authority (OJK) reported that as of July 2026, the number of pension fund participants had reached around 30.67 million, while total pension fund assets stood at Rp1,699.99 trillion, growing 6.70% year-on-year (yoy) Indonesia’s pension fund industry continues to show growth. OJK also recorded that the ratio of pension fund […]
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 […]
