Anton Hermansyah, Bogor, West Java – The government has asked major exporters to park their export revenue in Indonesia and convert it into rupiah to help bolster the currency's exchang
Banking & Finance
Displaying 501 - 550 of 650 Documents
July 27, 2018
July 25, 2018
Jakarta – Bank Indonesia (BI) has projected this year's current account deficit to hit US$25 billion, a significant increase over last year's $17.53 billion or 1.73 percent of the gross
July 7, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange reserves slid to US$119.8 billion as of June, lower than the $122.9 billion recorded a month earlier as Bank Indonesia (BI
July 3, 2018
Marchio Irfan Gorbiano, Jakarta – Bank Indonesia's decision to raise its key rate by 100 basis points (bps) in the last two months in an aggressive move to stabilize the rupiah against
June 29, 2018
Jakarta – Indonesia's central bank on Friday raised interest rates for the third time in six weeks as it moves to shield the rupiah from a selloff in emerging market currencies.
June 23, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign debt stood at US$356.9 billion as of April, growing by 7.6 percent year-on-year (yoy), which was slower than the 8.8 percent growth
May 15, 2018
Harry Suhartono – Indonesian currency tumbled to a 31-month low and bonds fell for a second day as foreign investors dumped the nation's assets after a spike in benchmark U.S. yields.
May 8, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange reserves stood at US$124.9 billion in April, lower than the $126 billion recorded a month earlier, Bank Indonesia (BI) ann
May 7, 2018
Indonesia's rupiah traded above 14,000 to a U.S.
May 4, 2018
May 1998 was a watershed moment in Indonesian history.
May 2, 2018
Abdil Mughis Mudhoffir – The appearance of the Indonesia Solidarity Party (Partai Solidaritas Indonesia, or PSI) – bearing the slogan of "the millenials' political party" – as a new par
Puji Rianto – An old video of a local preacher Abdul Somad has gone viral.
April 3, 2018
Dion Bisara & Adinda Putri, Jakarta – Niken Larasati, 25, diligently saves money but it seems her bank savings will not grow as she had imagined.
January 19, 2018
Anton Hermansyah, Jakarta – President Joko "Jokowi" Widodo called on banks to diversify their loan disbursement to micro, small and medium enterprises (MSMEs) to help them expand their
January 16, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign debt stood at US$347.3 billion in November last year, growing by 9.1 percent year-on-year (yoy), according to Bank Indonesia's (BI)
January 15, 2018
Jakarta – Bank Indonesia (BI) has teamed up with the National Police to prevent transactions using cryptocurrency bitcoin in Bali after the central bank declared it an illegal form of p
January 13, 2018
Yudith Ho – Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens.
September 13, 2017
Prima Wirayani, Jakarta – Bank Indonesia's (BI) hopes of lawmakers deliberating the redenomination bill this year have been dashed.
August 28, 2017
Jakarta – Thousands of ATMs and electronic card payment machines in Indonesia went offline over the weekend, and it might take two more weeks before full service is restored, after an outage from a
August 25, 2017
Aisyah Llewellyn – When tourists in Indonesia change money for the first time, they often get quite a shock.
August 18, 2017
Jakarta – Loans extended by Indonesian banks grew 7.7 percent in June from a year earlier, the slowest pace for any month since October, the financial services authority said on Friday.
July 28, 2017
Jakarta – Finance Minister Sri Mulyani has announced that the rupiah redenomination bill would not be submitted to the House of Representatives for deliberation this year.
July 27, 2017
Anton Hermansyah, Jakarta – The House of Representatives approved into law on Thursday Government Regulation in Lieu of Law (Perppu) 1/2017 on financial information, which allows tax officials to a
July 24, 2017
Jakarta – The government has expressed its support of Bank Indonesia's (BI) proposal to revive plans to redenominate the rupiah, but has yet to decide how many zeroes will be removed from the curre
July 18, 2017
Jakarta – Bank Indonesia (BI) has urged members of the House of Representatives' Commission XI overseeing financial affairs to start debating the draft law on redenomination – the elimination of th
June 17, 2017
Jakarta – Business tycoon Hary Tanoesoedibjo has been named a suspect for allegedly threatening an Attorney General's Office investigator working on a tax fraud case in which he is implicated.
June 14, 2017
Karis Salna, Singapore – What's good for Indonesia's fiscal chiefs is proving a headache for the central bank.
June 13, 2017
Anton Hermansyah, Jakarta – The government is still struggling to reduce the deficit for the 2018 State Budget to below Rp 100 trillion (US$7.52 billion) from Rp 109 trillion in the 2017 State Budg
June 8, 2017
Jakarta – The Indonesian government has decided to revise its plan to examine financial data on the back of major outcry from micro, small and medium enterprises (MSME).
April 17, 2017
Anton Hermansyah, Tanjung Pandan, Bangka Belitung – Tax revenue increased by 18.13 percent year-on-year (yoy) in the first quarter to Rp 222.27 trillion (US$16.73 billion), thanks to the after-effe
Tanjung Pandan, Bangka Belitung – The Directorate General of Taxation has said that it achieved 75 percent of its target in the tax amnesty that ended on March 31, in what was recorded as the bigge
April 4, 2017
April 1, 2017
Erwida Maulia and Wataru Suzuki, Jakarta – Indonesia's tax amnesty, which came to an end Friday, has exposed the massive scale of uncollected tax from its citizens, who declared at least 4,866 tril
March 21, 2017
Jakarta – Southeast Asia's biggest economy this month is winding up one of world's most successful tax amnesties, with at least 745,000 taxpayers declaring more than $330 billion of assets so far.
March 6, 2017
February 28, 2017
Abdil Mughis Mudhoffir, Rafiqa Qurrata A'yun – In Indonesia, certain crimes need to be reported to the police for investigations to begin.
February 24, 2017
The lead-up to the first round of the Jakarta election saw mass rallies organised by hardline Islamist groups and an atmosphere highly charged with racial and religious sentiment.
Catriona Croft-Cusworth – President Jokowi is finally making an official visit to Australia this weekend.
Winny Tang, Jakarta – As inequality widens, the government is pushing for tax reforms to reduce the gap through coordination with other countries.
February 23, 2017
Phelim Kine – Indonesia's President Joko "Jokowi" Widodo has an unlikely scapegoat for the country's rise in religious intolerance and sectarianism: democracy.
February 21, 2017
Jakarta – Finance Minister Sri Mulyani Indrawati has said the government's foreign debt has increased over recent years, primarily due to continuous deficits in state budgets.
February 14, 2017
Jakarta – The tax amnesty's progress has been slow in the third round, or final round, as the redemption payment that has been collected since it started in early January only reached Rp 710 billio
January 20, 2017
Jakarta – The first and second round of the tax amnesty, which ended Dec.
January 5, 2017
January 3, 2017
Prima Wirayani, Jakarta – Bank Indonesia (BI) still remains hopeful that a redenomination bill will be deliberated by the House of Representatives this year, even if the chance of that happening se
Grace D. Amianti, Jakarta – The government collected only 86.9 percent of the revenue targeted in the 2016 state budget as a result of a weak economy.
October 7, 2016
Bambang Muryanto, Yogyakarta – While it is everyone's right to apply for the government's tax amnesty, the participation of state officials in a program specifically designed to convince top busine
October 5, 2016
Prima Wirayani, Jakarta – The first stage of the tax amnesty program may have ended in success, but the government's bigger purpose of widening the country's tax base still seems far from reach.