Adrian Wail Akhlas, Jakarta – The government announced on Wednesday that it would place Rp 30 trillion (US$2.12 billion) in state-owned banks, associated under the auspices of Himbara,

Riska Rahman, Jakarta – The Cooperatives and Small and Medium Enterprises Ministry has suspended the licensing of new savings and loan cooperatives for three months following an appare

Francisca Christy Rosana, Jakarta – Deputy Minister of Finance Suahasil Nazara said that Indonesia was still paying debts inherited from the 1997-1998 financial crisis.

Adrian Wail Akhlas, Jakarta – Indonesia's debt will swell significantly next year as the government increases spending to help the country recover from the COVID-19 pandemic, an offici

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth accelerated in April, driven mainly by the government's issuance of sovereign debt papers (SBN) and global bonds to cover

Jakarta – Indonesian stocks plunged deep in the red on Friday morning following a market rout seen by Wall Street in Thursday's session as investors grew wary of a second wave of the c

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$130.5 billion in May thanks to the government's new debt issuance and increased forex levels stor

Triyan Pangastuti, Jakarta – Indonesia's foreign exchange reserves swelled to $130.5 billion in May, up from $127.9 billion in April, as the government took out more loans from foreign

Riska Rahman, Jakarta – Foreign investors are starting to put their money back into Indonesian assets as countries around the world begin to ease their COVID-19 restrictions, spurring

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) expects the rupiah to strengthen even after the currency returned to levels seen before the COVID-19 crisis, as foreign investors make

Riska Rahman, Jakarta – The Indonesian banking industry will face tougher challenges throughout the rest of the year following the sector's slumping performance in the first quarter as

Eisya A.

Adrian Wail Akhlas, Jakarta – Bank Indonesia's (BI) policy measures and a narrowing current account deficit (CAD) will likely support the rupiah amid unfavorable financial market condi

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the currency and financial system, projecting

Adrian Wail Akhlas, Jakarta – Indonesia's current account deficit narrowed in the first quarter of this year as imports fell and the deficit in services dwindled amid the coronavirus p

Diana Mariska, Jakarta – Indonesia's central bank has bought $1.6 billion worth of government bonds in the primary market, underlining its commitment to remain active in it as the coun

Yunindita Prasidya, Jakarta – Individual investors are showing growing appetite for government bonds (SBN) because the low-risk securities provide promising returns amid uncertain mark

Riska Rahman, Jakarta – Indonesian companies have preferred to raise capital from the debt market in the first four months of this year as banks experience tight liquidity, according t

Yunindita Prasidya, Jakarta – State-owned banks have restructured loans worth up to Rp 223.16 trillion (US$15 billion) to over 1.7 million borrowers as part of the loan-relaxation prog

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth slowed down in the first quarter as foreign investors sold off Indonesian assets over fears of the COVID-19 pandemic, Bank

Tassia Sipahutar, Jakarta – Indonesian borrowers are selling a record amount of dollar bonds, as the country's strong fiscal track record in recent years fuels optimism on its ability

Shuli Ren – Since surviving an IMF bailout and violent change of government during the Asian financial crisis, Indonesia has shown an uncanny resilience in bouncing back from global se

Adrian Wail Akhlas, Jakarta – The liquidity of Indonesian banks will remain in check despite economic risks brought by the COVID-19 pandemic and loan restructuring program that defers

Adrian Wail Akhlas, Jakarta – The COVID-19 pandemic is threatening the stability of Indonesia's financial system, as it causes a supply-demand shock and weakens the country's financial

Yunindita Prasidya, Jakarta – Indonesian rating agency Pemeringkat Efek Indonesia (Pefindo) has revised the outlooks of several financial institutions and downgraded the rating of asse