Stories from Indonesia

The Indonesian financial services sector recorded a 7.92 percent growth rate, the highest since 2021. Kredit Pintar reported loan disbursements totaling Rp 9.5 trillion as part of this expansion. The OJK noted the sector's increasing contribution to the national economy.

Indonesia and the Eurasian Economic Union (EAEU) are implementing a Free Trade Agreement (FTA) with the goal of doubling bilateral trade.

The Indonesian financial services sector recorded a 7.92 percent growth rate, the highest since 2021.

A powerful 7.6 magnitude earthquake has struck Indonesia, producing impactful imagery of the destruction.

Indonesia and Thailand have agreed to renew their bilateral partnership focusing on the creative economy sector. The partnership renewal specifically includes a focus on the digital economy.

Indonesia's financial services sector grew by 7.92 percent, contributing to overall economic expansion. Kredit Pintar reported loan disbursements reaching 9.5 trillion rupiah during this period. Nvidia market capitalization has surpassed $5 trillion following news of potential restarts to US-Iran peace talks. The Indonesian Financial Services Authority (OJK) in Purwokerto is conducting financial education initiatives during the Ramadan period. The program aims to increase financial literacy within the Banyumas Raya region.

Indonesian mathematician Yogi Ahmad Erlangga has successfully solved the Helmholtz equation problem, a mathematical challenge that persisted for 30 years. His PhD research, funded by an oil company, took approximately 4 years to complete. The breakthrough allows for the discovery of oil fields 100 times faster than previous methods. The method is now gaining recognition among the global scientific community. The breakthrough is described as an extraordinary achievement by scientists.

The Jakarta Provincial Government has implemented a free school program for private institutions to expand educational access. The total budget allocation for this program is 282.4 billion rupiah. Governor Anung stated the policy demonstrates the administration's commitment to education. The funding aims to support underprivileged families and ensure continuity for existing initiatives. These initiatives include the Jakarta Smart Card and the Superior Student Card. The program also covers diploma legalization processes. The plan follows discussions regarding the implementation of national values in education for children. The Indonesian government will allocate nearly 17 trillion rupiah in 2025 to address damage to primary schools. Ministry data indicates that 85% of primary schools, approximately 120,000 institutions, are in moderate to heavy condition of disrepair.

A powerful 7.6 magnitude earthquake struck Indonesia, producing impactful footage of the seismic event.

A magnitude 5.1 earthquake occurred in the Northern Molucca Sea at 07:20:44 UTC. The tremor was recorded at a depth of 102km at coordinates 2.37N 127.02E.