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Displaying 1 - 50 of 636 Documents

February 14, 2024

Jakarta Post - February 14, 2024

Deni Ghifari, Jakarta – The rupiah has strengthened since the beginning of February and hit a monthly high on the eve of the presidential election.

February 8, 2024

Bloomberg News - February 8, 2024

Matthew Burgess, Ruth Carson and John Cheng – Indonesia successfully overcame its Fragile Five days and survived a risky money-printing exercise to become a key emerging market for inve

February 6, 2024

Jakarta Globe - February 6, 2024

Faisal Maliki Baskoro, Jakarta – Indonesia's largest banks posted positive results as the country's economy continued its recovery in the post-pandemic era.

February 1, 2024

Reuters - February 1, 2024

Ankur Banerjee, Singapore – Indonesian markets, after a period of relative calm, are showing signs of concern about the prospect of a drawn out national election and the possibility of

January 31, 2024

Jakarta Globe - January 31, 2024

Jakarta – Bank Mandiri announced on Wednesday that it had achieved a record-high net profit of Rp 55.1 trillion ($3.5 billion) in 2023, reflecting robust growth of 33.7 percent year-on-

January 26, 2024

Jakarta Globe - January 26, 2024

Monique Handa Shafira, Jakarta – The Finance Ministry's Directorate General of State Assets (DJKN) has introduced new rules allowing foreign nationals (WNAs) to take part in government

January 18, 2024

Jakarta Globe - January 18, 2024

Monique Handa Shafira, Jakarta – The central bank has allocated funds amounting to Rp 260 trillion ($16.63 billion) ahead of major celebrations, including the 2024 elections, Ramadan, a

January 15, 2024

Jakarta Globe - January 15, 2024

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) announced that as of November 2023, Indonesia's foreign debt (ULN) has reached $400.9 billion (Rp 6,231 trillion), reflecting a 2.0

January 11, 2024

Jakarta Post Editorial - January 11, 2024

Jakarta – The most recent election debate, which had our presidential candidates spar over foreign and defense policy last Sunday, at one point veered off into a heated exchange about d

January 10, 2024

Jakarta Globe - January 10, 2024

Rizky Ramadhan, Jakarta – The Financial Services Authority (OJK) has successfully shut down operations of 2,248 illegal online loans (pinjol) and 40 illegal investments in 2023.

January 7, 2024

Jakarta Globe - January 7, 2024

Trista Nagel, Herman, Jakarta – Presidential candidate Prabowo Subianto said on Sunday Indonesia has never failed to repay its debt and that no one should worry about the national sover

January 4, 2024

Jakarta Globe - January 4, 2024

Indah Handayani, Jakarta – According to data from the Commodity Futures Trading Regulatory Agency (Bappebti), the total number of cryptocurrency investors in Indonesia reached 18.25 mil

Jakarta Globe - January 4, 2024

Monique Handa Shafira, Jakarta – Trade Minister Zulkifli Hasan estimates that e-commerce transactions will reach Rp 533 trillion ($34.41 billion) in 2023, a 10.69 percent increase compa

January 3, 2024

Jakarta Globe - January 3, 2024

Winda Destiana Putri, Jakarta – The government's outstanding debt has reached Rp 8,041 trillion ($518.8 billion) as of November 2023, yet a Finance Ministry official said on Tuesday tha

January 2, 2024

Reuters - January 2, 2024

Jakarta – Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65 per cent of gross domestic product (GDP) based on una

December 30, 2023

Tempo - December 30, 2023

Defara Dhanya Paramitha, Jakarta – The rupiah closed up by 18 points to trade for 15,399 per US dollar at the close of this year's trade on Friday, December 24, 2023.

December 22, 2023

Jakarta Post - December 22, 2023

Jakarta – The Indonesia Stock Exchange (IDX) Composite (IHSG) was back in the green on Friday, surging by 0.39 percent, or 27.90 points, to close at 7,237.52 ahead of the vice president

December 21, 2023

Reuters - December 21, 2023

Jakarta – Indonesia's central bank held policy rates steady on Thursday to support the rupiah and keep inflation at bay, but indicated there was room for monetary easing in the second h

December 15, 2023

Jakarta Post - December 15, 2023

Jakarta – The Indonesia Stock Exchange (IDX) Composite marked a new record high on Friday when it closed at 7,190.9, up 14.9 points, or 0.21 percent, surpassing its previous record of 7

December 14, 2023

Jakarta Post - December 14, 2023

Jakarta – The Indonesia Stock Exchange (IDX) Composite (IHSG) concluded Thursday's trading session at 7,176.02, gaining 1.42 percent or 100.67 points.

December 11, 2023

Jakarta Post - December 11, 2023

Jakarta – Bank Indonesia (BI) has reported that the volume of transactions using Quick Response Indonesian Standard (QRIS) codes has exceeded its year-long target.

Jakarta Post Editorial - December 11, 2023

Jakarta – President Joko "Jokowi" Widodo has criticized the nation's banks for holding large quantities of government bonds and Bank Indonesia (BI) monetary instruments rather than lend

December 6, 2023

Jakarta Globe - December 6, 2023

Jakarta – A total of 331,000 millennials and Gen Zs in Indonesia find themselves trapped in non-performing online loans amounting to Rp 675.14 billion ($43.55 million).

December 5, 2023

Jakarta Post - December 5, 2023

Aditya Hadi, Jakarta – Growth of third-party funds in the banking sector has slowed further, continuing a trend that began early this year.

December 1, 2023

Jakarta Post - December 1, 2023

Aditya Hadi, Jakarta – Analysts have hailed new regulations and guidance from the Financial Services Authority (OJK) that aim to further the development of sharia banking in Indonesia t

Jakarta Post - December 1, 2023

Deni Ghifari, Jakarta – President Joko "Jokowi" Widodo has asked banks to not hesitate in giving loans to businesses, hoping this could help increase money circulation and boost economi

November 27, 2023

Jakarta Globe - November 27, 2023

Vinnilya Huanggrio, Jakarta – The Indonesia Stock Exchange (IDX) has recorded a noteworthy increase in individual investors, reaching 11.9 million in the current year as opposed to 10.3

November 23, 2023

Reuters - November 23, 2023

Jakarta – Indonesia's central bank kept interest rates unchanged on Thursday (Nov 23), as expected, despite renewed volatility in the rupiah exchange rate as investors speculate over th

November 17, 2023

Agence-France Presse - November 17, 2023

Singapore – Singapore and Indonesia launched cross-border payment services Friday, the countries' central banks said, as part of a regional drive to boost connectivity.

November 10, 2023

Reuters - November 10, 2023

Jakarta – Indonesia will in stages lower the maximum interest rates charged by financial technology (fintech) firms in the microfinance sector, amid complaints that overly high rates ha

November 7, 2023

Jakarta Globe - November 7, 2023

Jayanty Nada Shofa, Jakarta – Bank Indonesia announced Tuesday that the country's foreign exchange reserves stood at $133.1 billion as of the end of Oct., down from $134.9 billion in th

November 6, 2023

Jakarta Post Editorial - November 6, 2023

Jakarta – Emerging economies can rest easy, at least for now, after the Federal Reserve decided at its Nov.

November 2, 2023

Jakarta Post - November 2, 2023

Jakarta – The Indonesia Stock Exchange (IDX) Composite closed up on Thursday, gaining 108.97 points or 1.64 percent to 6,751.39.

October 27, 2023

Jakarta Post - October 27, 2023

Jakarta – According to the Futures Exchange Supervisory Board (Bappebti), Indonesia had 17.91 million cryptocurrency investors as of September, marking a 0.67 percent increase from the

October 26, 2023

Jakarta Post - October 26, 2023

Jakarta – The Indonesia Stock Exchange (IDX) Composite index reversed Wednesday's gains by closing 1.75 percent lower on Thursday at 6,714.51.

Jakarta Post - October 26, 2023

Jakarta – The financing realization of debt issuance as of September 2023 reached Rp 198.9 trillion (US$12.5 billion).

October 25, 2023

Jakarta Post - October 25, 2023

Jakarta – The Finance Ministry aims to synchronize monetary and fiscal policies to prevent the rising United States dollar from jeopardizing the nation's financial system.

October 23, 2023

Jakarta Post - October 23, 2023

Aditya Hadi, Jakarta – Indonesian banks booked 8 percent year-on-year growth in loan disbursement in June, according to data from the Financial Services Authority (OJK).

October 20, 2023

Jakarta Globe - October 20, 2023

Arnoldus Kristianus, Faisal Maliki Baskoro, Jakarta – The rupiah exchange rate has dropped to its lowest point since the Covid-19 pandemic, driven by global economic uncertainties and t

October 19, 2023

Reuters - October 19, 2023

Gayatri Suroyo and Stefanno Sulaiman, Jakarta – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah's decline amid U.S.

October 16, 2023

Jakarta Globe - October 16, 2023

Jakarta – Indonesia's combined foreign debt, including both government and private sector obligations, decreased to $395.1 billion in August, down from $397.1 billion the previous month

October 6, 2023

Jakarta Post - October 6, 2023

Deni Ghifari, Jakarta – A rising United States dollar is putting pressure on other currencies and has sent the Indonesian rupiah to its lowest level this year.

October 5, 2023

Tempo - October 5, 2023

Defara Dhanya Paramitha, Jakarta – Bank Indonesia (BI) is taking measures to anticipate the propagation of global crises in Indonesia.

September 23, 2023

Jakarta Globe - September 23, 2023

Jakarta – Peer-to-peer lending platform AdaKami questioned media reports and widespread social media posts alleging that one of its customers had committed suicide due to an inability t

September 19, 2023

Reuters - September 19, 2023

Devayani Sathyan – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% on Thursday and for the rest of the year to maintain the stability of the rupiah currency, simi

September 5, 2023

Jakarta Globe - September 5, 2023

Arnoldus Kristianus, Jakarta – Indonesia on Tuesday unveiled the National Task Force for Local Currency Transactions, a strategic initiative aimed at reducing the country's reliance on

September 4, 2023

Jakarta Post - September 4, 2023

Aditya Hadi, Jakarta – Buy now, pay later (BNPL) schemes, which are an increasingly popular way to complete payments for purchases after the transaction date, have led to a rise in nonp

August 30, 2023

Jakarta Globe - August 30, 2023

Jayanty Nada Shofa, Jakarta – Indonesia – the world's largest Muslim-majority country – reported that its Sharia-compliant finance assets had totaled hundreds of billions of American do

August 26, 2023

Tempo - August 26, 2023

Antara, Jakarta – Bank Indonesia (BI) recorded foreign capital outflows from the domestic financial market of Rp4.51 trillion in the period 21-24 August 2023.

August 25, 2023

Jakarta Post - August 25, 2023

Deni Ghifari, Jakarta – At its latest monthly monetary meeting, which ended on Thursday, Bank Indonesia (BI) decided to keep its benchmark interest rate unchanged for the seventh consec