Adrian Wail Akhlas and Riska Rahman, Jakarta – Stocks traded on the Indonesia Stock Exchange (IDX) hit circuit breaker upon opening on Friday, plunging 5 percent to 2016 levels as glob

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has vowed to maintain the country's financial market stability amid expectations that economic growth will slow due to the COVID-19 sp

Adrian Wail Akhlas, Jakarta – Indonesia's stocks dropped sharply at Thursday's opening as anxious investors left markets across the world, poised for another day of tumultuous trading

Tassia Sipahutar and Fathiya Dahrul – Indonesia is reintroducing a raft of market measures deployed during the global financial crisis as authorities warn the impact of the novel coron

Jakarta – The Indonesia Stock Exchange (IDX) has issued a new regulation that allows stocks, at all price ranges, to fall by a maximum of 10 percent in an effort to anchor the Jakarta

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves fell to US$130.4 billion in February after the government paid its foreign debts, Bank Indonesia (BI) announ

Beritasatu, Jakarta – Close to $7.3 billion in foreign investors' funds remain parked in rupiah-denominated accounts following a sell-off in the bond and stock market last week, Bank I

Riska Rahman, Jakarta – Indonesian stocks jumped by more than 3 percent on Tuesday morning, reversing deep losses in recent days due to the spread of COVID-19, as market players regain

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) will "intensify intervention" to stabilize the local financial market by buying government bonds and the rupiah amid heavy selling pre

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds

Beritasatu, Jakarta – The Indonesia Stock Exchange, or IDX, stopped short selling at the local burse on Monday, seeking to stave off a further decline in the stock market caused by pan

Riska Rahman and Esther Samboh, Jakarta – Indonesia's stock index extended losses before reversing to gains on Monday morning trade, after a market rout sent the gauge to its worst mon

Arys Aditya – Bank Indonesia lowered banks' reserve requirement ratios, seeking to shore up liquidity after concerns over the economic impact of coronavirus triggered a selloff in the

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond markets so far this month as big sell-offs sent stock markets around

Riska Rahman, Jakarta – Indonesia's benchmark stock index plunged deeper on Friday, trading down more than 4 percent during the morning session and prompting the bourse operator to cal

Riska Rahman and Prima Wirayani, Jakarta – The Jakarta Composite Index (JCI) nosedived to a level unseen since March 2017 on Thursday afternoon amid fears over the spread of COVID-19,

Riska Rahman, Jakarta – Bank Central Asia (BCA), Indonesia's biggest private lender by market value, has lowered its loan growth target for this year, arguing that the coronavirus outb

Riska Rahman, Jakarta – The House of Representatives has called for the Supreme Audit Agency (BPK) to conduct investigative audits on state-owned insurers to assess their investment ma

Jakarta – The central bank decided to cut its benchmark rate on Thursday in the wake of a global coronavirus outbreak it believed would trigger a short-term slowdown in the economy in

Riska Rahman, Jakarta – Publicly listed state lender Bank Tabungan Negara's (BTN) profits plummeted by more than 90 percent last year as nonperforming loans and costs of funds rose ami

Adrian Wail Akhlas, Jakarta – The country's foreign exchange (forex) reserves rose to near record-high levels in January at US$131.7 billion owing to foreign inflows from global bonds

Adrian Wail Akhlas, Jakarta – The novel coronavirus outbreak has pushed investors to leave the country's financial markets, resulting in a foreign outflow of about Rp 11 trillion (US$8

Riska Rahman, Jakarta – Bank Indonesia (BI) has injected about Rp 25 trillion (US$1.82 billion) into the country's financial markets as investors sell off assets over fears that the ra

Adrian Wail Akhlas, Jakarta – The Financial Services Authority (OJK) is planning to reform the regulation and supervision of the nonbank financial industry following the revelation of

Gayatri Suroyo and Fransiska Nangoy, Jakarta – Bank Indonesia intervened in spot foreign currency trading as well as domestic non-deliverable forward and bond markets on Monday to stab

Adrian Wail Akhlas, Jakarta – Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index (CPI), Statistics Indone

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) slipped 1.5 percent during morning trade on Friday as fears over the spread of the new coronavirus were suspected of having af

Made Anthony Iswara, Jakarta – State-owned steelmaker Krakatau Steel has received approval from its creditors to restructure its loans totaling US$2 billion (Rp 27 trillion) by, among

Made Anthony Iswara, Jakarta – The government has pinned its hopes on a new agreement that is expected to encourage thousands of companies to list their shares on the local stock excha

Adrian Wail Akhlas, Jakarta – Indonesia's stock market took a tumble on Monday as world shares took a hit from investor concerns over the economic impact of China's spreading coronavir

Riska Rahman, Jakarta – Credit ratings agency Fitch Ratings announced on Friday that it affirmed Indonesia's long-term foreign and local currency issuer default rating at "BBB with a s

Jakarta – Finance minister Sri Mulyani Indrawati said the government would establish an agency that would back up insurance policies to ensure payouts after financial issues at some lo

Riska Rahman, Jakarta – State-owned Bank Mandiri booked almost 10 percent profit growth in 2019, although the figure was lower than in 2018 due to slowing loan growth.

Jakarta – The Indonesian Ombudsman has formed a team to investigate the Financial Service Authority (OJK) amid growing complaints from the public against the financial watchdog's poor

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has decided to hold its benchmark interest rate at 5 percent amid a plunge in loan growth and improvements in the global and domestic

Jakarta – The House of Representatives' Commission XI, which oversees financial affairs, has announced the establishment of a working committee to monitor the financial services indust

Riska Rahman, Jakarta – President Joko "Jokowi" Widodo has called for reform in the country's financial services companies to improve the public's trust following cases that rocked the

Lona Olavia, Jakarta – Indonesian banking loan expansion is set to recover this year after experiencing a significant slowdown in 2019, with completion of key infrastructure projects a

Jakarta – The Jiwasraya scandal is a reflection of how atrocious monitoring of financial services in this country. Investor trust in financial markets could rapidly dissipate.

Riska Rahman, Jakarta – Bank Indonesia (BI) recorded a slower foreign debt growth last November as the government and private sector repaid the principal due during the month while the

Sarah Yuniarni, Jakarta – The capital market in Indonesia is at an interesting crossroads.

Marchio Irfan Gorbiano, Jakarta – Bank Indonesia (BI) is expected to continue with its dovish monetary policy this year to encourage Gross Domestic Product (GDP) growth amid low inflat

Jakarta – Newly appointed Financial Services Authority (OJK) ex-officio commissioner Suahasil Nazara says he aims to strengthen the agency's supervision of both the banking and nonbank

Jakarta – The government welcomes Chinese investment despite concerns that the country could fall into a debt trap.

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$129.2 billion in December, the highest level in 22 months, driven by inflows from the oil and gas

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

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

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.

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

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