MahkatopIndonesia’s Foreign Reserves Rise to US$140.2 Billion Amid Global Uncertainty
Bank Indonesia (BI) recorded an increase in Indonesia’s foreign reserves to US$140.2 billion in June 2024 from US$139.0 billion the previous month.
South Korean Investment in Indonesia Reaches USD 13.8 Billion, Focuses on Downstream Projects
Minister of Investment Bahlil Lahadalia revealed that total South Korean investment in Indonesia has reached USD 13.8 billion, equivalent to IDR 226.25 trillion (exchange rate of IDR 16,400 per USD). This figure is an accumulation from 2019 to the first quarter of 2024, primarily focusing on downstream projects.
BTN Wins ABF Wholesale Banking Awards 2024
PT Bank Tabungan Negara (Persero) Tbk (BTN) won the Indonesia Domestic Technology & Operations Bank of the Year award at the Asian Banking & Finance (ABF) Wholesale Banking Awards 2024. The award was announced on Thursday, July 4, 2024.
