Indonesian Political, Business & Finance News

Archive: 12 April 2025

2 articles found

Government Rolls Out Koperasi Merah Putih Programme with Full Legal Framework

Jakarta — The government is rolling out a major programme to establish Koperasi Merah Putih (Red and White Cooperatives) in villages and sub-districts across Indonesia. The programme, enacted through Presidential Instruction (Inpres) No. 9 of 2025, will be a priority of the Prabowo Subianto administration to strengthen the people’s economy.

OJK Welcomes Danantara's Plan to Become Liquidity Provider in Indonesian Capital Market

JAKARTA, investor.id – The Financial Services Authority (OJK) has welcomed the intention of the Daya Anagatha Nusantara Investment Management Agency (BPI Danantara) to serve as a liquidity provider (LP) in the Indonesian capital market. “Discussions to that end have already taken place,” said OJK Board of Commissioners Chairman Mahendra Siregar at an online press conference following the Monthly Board of Commissioners Meeting (RDKB) for March 2025, on Friday (11/4/2025).