Investor Daily, Jakarta – Capital flow to Indonesia totaled Rp 224,2 trillion, or $16 billion, throughout last year – likely to bring the country's balance of payment into positive ter
Banking & Finance
Displaying 551 - 600 of 832 Documents
January 3, 2020
January 2, 2020
Novy Lumanauw, Jakarta – President Joko "Jokowi" Widodo called the Indonesian capital market authorities to toughen measures against market manipulations on Thursday, in his first comm
December 31, 2019
Jakarta – Indonesia Stock Exchange (IDX) has handled fewer initial public offerings (IPOs) in 2019 as it welcomed 55 newcomers to the bourse, down from 57 firms listing last year.
December 27, 2019
Diana Mariska, Jakarta – Bank Indonesia, the country central bank, has collaborated with the customs office to implement an integrated system that will reconcile incoming and outgoing
December 19, 2019
Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) held the nation's benchmark interest rate steady at 5 percent on Thursday after cutting the policy rate by a total of 100 basis points
December 16, 2019
Jakarta – Flag carrier Garuda Indonesia is seeking to raise up to $900 million from issuing dollar-denominated Islamic bonds, private placement or peer-to-peer lending next year.
December 13, 2019
Daniel Moss – When even Indonesia starts talking about relaxing deficit rules, you know government spending is back in vogue as a remedy for faltering economic growth.
December 12, 2019
Aldi Adrian Hartanto – Indonesian startups have been at the center of attention in Southeast Asia for the last few years.
December 10, 2019
Maikel Jefriando, Jakarta – Indonesia's central bank is working to further relax lending rules and may further trim interest rates after this year's four rate cuts, as it continues to
Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has said that he wants the government's microcredit program (KUR) to be channeled to more productive sectors so that th
December 9, 2019
Karlis Salna – Indonesia has entered "a new norm" of historically low inflation, according to a senior central bank official, possibly portending an era of lower interest rates.
Diana Mariska, Jakarta – Indonesia may face challenging credit conditions in the next two years due to slow GDP growth, according to an outlook on the national economy released by cred
December 6, 2019
Jakarta – Bank Indonesia announced Friday the country's foreign reserves were down slightly to $126.6 billion in November from $126.7 billion in the previous month.
Jakarta – Indonesia and Japan have agreed on a local currency settlement deal that will allow both countries to use the rupiah and the yen to settle bilateral trade and direct investme
December 4, 2019
Indonesia's Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan, one of the most senior figures in President Joko Widodo's cabinet, says he's optimistic that the rup
Diana Mariska, Jakarta – Market segment expansion is key for financial technology, or fintech, companies to survive in Indonesia, a practitioner in the sector said on Wednesday.
November 30, 2019
Adrian Wail Akhlas, Jakarta – The disbursement of bank loans grew only 6.53 percent year-on-year (yoy) in October, the slowest pace since 2016, according to the Financial Services Auth
November 29, 2019
Harry Suhartono and Tassia Sipahutar – Fears among retail investors about some of their mutual-fund investments have triggered a sell-off in Indonesian stocks, with the nation's benchm
Maikel Jefriando and Tabita Diela, Jakarta – Excess liquidity in Indonesia's banking system and weak demand for credit could lead to more bad loans, a regulatory official warned on Fri
November 22, 2019
Eisya A. Eloksari, Jakarta – Indonesia's sharia financial committee hopes to quadruple the nation's sharia bank assets over the next five years.
November 21, 2019
Dion Bisara, Jakarta – Bank Indonesia, the country's central bank, decided on Thursday to keep its benchmark interest rate at 5 percent, ending a series of cuts in the past four months
Riska Rahman, Jakarta – Bank Indonesia (BI) decided to maintain the seven-day reverse repo rate on Thursday at 5 percent after it cut the key rate by 25 basis points (bps) in October i
November 15, 2019
Muhammad Hendartyo, Jakarta – Bank Indonesia (BI) noted the state's foreign debt at the end of the Q3/2019 was US$395.6 billion; comprising of US$197.1 billion government and central b
November 13, 2019
Jakarta – The government plans to reduce the annual interest rate for its microcredit program (KUR) from 7 percent to 6 percent per year starting Jan. 1, 2020.
Riska Rahman, Jakarta – Indonesia's Islamic finance rank has improved exponentially this year, but challenges remain to further develop the sharia economy.
November 8, 2019
November 7, 2019
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$126.7 billion in October, the highest level in 20 months, driven by the government's global b
November 6, 2019
Jakarta – Indonesian President Joko Widodo on Wednesday urged bank executives to help stimulate the economy with cuts in lending rates and loans to small and medium firms, as authoriti
Beritasatu TV, Jakarta – President Joko "Jokowi" Widodo has asked Indonesian banks to cut their lending rates to accelerate growth after Bank Indonesia, the central bank, gradually low
November 1, 2019
Farid Firdaus, Jakarta – The central bank has assured businesses that it is committed to deploying all monetary and macroprudential instruments at its disposal to maintain growth in th
October 31, 2019
Primus Dorimulu, Jakarta – The Indonesia Stock Exchange has seen the fastest growth in Asia over the past five years and gained 42 new listings so far this year, bringing the total to
October 30, 2019
Diana Mariska, Jakarta – Most middle-class Indonesians still have a low level of financial literacy, security and inclusion compared with their peers in the Asia-Pacific region, a new
October 24, 2019
Jakarta – Bank Indonesia, the country's central bank, has cut its benchmark interest rate by 25 basis points to 5 percent, the fourth time it has done so in the past four months, in an
Jakarta – Indonesia's central bank cut interest rates for the fourth month in a row on Thursday (Oct 24) as Southeast Asia's biggest economy looks to counter slowing global growth.
October 22, 2019
Jakarta – The rupiah continued to gain ground against the US dollar on Tuesday following news reports that President Joko "Jokowi" Widodo has picked a number of professional figures fo
October 2, 2019
Jakarta – Finance Minister Sri Mulyani Indrawati has called on Indonesian companies to exercise caution and be wary of the risk of default amid potential for a global economic slowdown
September 30, 2019
Harry Suhartono and Tassia Sipahutar – Foreign investors pared their holdings of Indonesian stocks as escalating political demonstrations added to worries of a slowdown in Southeast As
September 26, 2019
Riska Rahman, Jakarta – Foreign investors are preferring Indonesian bonds over stocks amid signs of slowing global economic activities, Financial Services Authority (OJK) data shows.
September 24, 2019
Jakarta – The Deposit Insurance Corporation (LPS) announced on Tuesday a cut in its guaranteed interest rates for both rupiah and foreign currency-denominated savings and deposits foll
Riska Rahman and Prima Wirayani, Jakarta – The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX) fell sharply in Tuesday's trading as protests against
September 20, 2019
Abdul Aziz, Jakarta – Foreign investors owned 45.83 percent of Indonesian government securities as of Tuesday, the highest in history, according to data from the Ministry of Finance.
Jakarta – Bank Indonesia, the country's central bank, continues its dovish monetary stance by cutting its benchmark interest rate by a further 25 basis points to 5.25 percent on Thursd
September 6, 2019
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange (FX) reserves increased to US$126.4 billion in August, the most since February last year, prolonging an upward trend that
September 2, 2019
Jakarta – The Indonesian currency gained slightly against the US dollar on Monday despite a decline in share prices in regional markets amid fears of an escalation in the trade war bet
August 22, 2019
Maikel Jefriando, Tabita Diela, Jakarta – Indonesia's central bank, hoping it can spur faster growth at home despite a global slowdown, surprisingly cut its key interest rate for a sec
August 19, 2019
Paulina Quintao – Member of the Commission D (Economic and Development issues) of the National Parliament, MP Mariano Assanami Sabino said the banking system in Timor-Leste is too weak
August 15, 2019
Marchio Irfan Gorbiano, Jakarta – Indonesia's external debt level was up about 10 percent year-on-year (yoy) in the second quarter due to a significant increase in government net borro
August 12, 2019
Faisal Maliki Baskoro, Jakarta – Indonesia's financial regulator has set a target of 5 million domestic investors in the country's financial market by 2021 to reduce reliance on foreig
August 9, 2019
Marchio Irfan Gorbiano, Jakarta – Indonesia posted a balance of payments deficit in the second quarter of this year amid heightened demand for foreign exchange as a result of dividend
August 1, 2019
Jakarta – Indonesia plans to relax bank merger rules to encourage more consolidation in the sector in Southeast Asia's biggest economy crowded with dozens of small lenders, a senior of