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Business & Finance

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Business & Finance Indonesia's Investment Climate 2026: Luhut Affirms P2SK Law Boosts Bargaining Power Amidst Global Volatility

Indonesia's Investment Climate 2026: Luhut Affirms P2SK Law Boosts Bargaining Power Amidst Global Volatility

Coordinating Minister Luhut B. Pandjaitan asserts that Indonesia's 2023 P2SK Law has significantly solidified its position as a premier investment destination in Asia by 2026. The P2SK Law is crucial for fostering regulatory stability and an efficient financial market, directly addressing global investor concerns regarding legal certainty and business climate.

Business & Finance BTN's H1 2026 Net Profit Soars 40.8% to IDR 2.40 Trillion, Fueled by Housing Boom and Digital Transformation

BTN's H1 2026 Net Profit Soars 40.8% to IDR 2.40 Trillion, Fueled by Housing Boom and Digital Transformation

PT Bank Tabungan Negara (Persero) Tbk (BTN) announced a significant 40.8% surge in consolidated net profit, reaching IDR 2.40 trillion in H1 2026, driven by robust housing loan growth and operational efficiencies. This achievement solidifies BTN's position as a leading national housing finance bank amidst a stable economic climate and ongoing digital transformation.