Marchio Irfan Gorbiano, Jakarta – Bank Indonesia (BI) is expected to hold their policy interest rate amid the positive domestic sentiment, so it still had room to increase the rate sho
Banking & Finance
Displaying 651 - 700 of 832 Documents
January 16, 2019
January 14, 2019
David Finnerty, Jakarta – Global funds are piling back into Asia's bellwether for emerging markets, buying $795 million of debt so far this year and sending yields down about 90 basis
January 2, 2019
Jakarta (Reuters) – Indonesia posted the smallest fiscal deficit in six years in 2018 and less than initially projected, despite turbulence in its financial markets due to capital outf
December 7, 2018
Jakarta – The Finance Ministry has said that the Taxation Directorate General recorded Rp 1.14 trillion (US$78.24 billion) in tax revenue in the first 11 months of this year or 79.8 per
December 4, 2018
Jakarta – Several state-owned enterprises (SOEs) had a combined third-quarter debt of Rp 5.57 quadrillion (US$369.04 billion), most of which were owed by state-owned lenders, an officia
November 30, 2018
Jakarta – The Finance Ministry recorded that the foreign capital invested in the government's debt papers (SBN) broke this year's record on Nov.
November 19, 2018
Jakarta – The figures shows that it is for the first time since March 2017 that private sector debt has exceeded government debt.
Jakarta – Only 1.7 percent of about 265 million Indonesians have some form of insurance, a low rate the Indonesian Insurance Council attributes to a lack of awareness about the benefits
October 21, 2018
Tsubasa Yoda, Singapore – Indonesia's foreign reserves have fallen to a level not seen for two years after the central bank's repeated interventions in the currency market to defend the
October 17, 2018
Jakarta – Bank Indonesia on Tuesday released a survey of 40 banks representing 80 percent of total bank credit, which showed slow growth of bank credit in the third quarter of 2018.
October 16, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign debt – which includes debts from central banks, governments and the private sector – stood at US$360.7 billion in August, growing b
October 15, 2018
Jakarta – The rupiah weakened again on Monday as the currency was cited at 15,248 per United States dollar in a spot market at 10 a.m.
October 6, 2018
David G Rose – The Asian financial crisis may have occurred two decades ago, but it continues to cast a long shadow over Indonesia.
October 2, 2018
Jakarta – The rupiah weakened to Rp 15,025 per United States dollar at 11:37 a.m.
September 17, 2018
Jakarta – The Finance Ministry's Customs and Excise Office has issued a regulation to lower the import limit for online shopping to only US$75 from the initial $100.
September 6, 2018
Jakarta (Antara) – Sandiaga Uno, a vice presidential candidate of presidential candidate Prabowo Subianto urged millennials generation (those who were born between 1980s and 2000s) to n
September 5, 2018
Jakarta – Large banks sold US$1 at more than Rp 15,000 on Wednesday as external pressure against the currency continues even though Bank Indonesia (BI) had intervened in the market.
This is not the time to live ostentatiously, according to Indonesian Vice President Jusuf "JK" Kalla's statements regarding the rupiah's dramatic slide against the US dollar.
September 1, 2018
Andita Rahma, Jakarta – Gerindra patron chief Prabowo Subianto has again criticized the government's effort in managing the state debt.
August 31, 2018
Shotaro Tani, Jakarta – The Indonesian rupiah fell to its lowest mark against the U.S.
August 28, 2018
Wahyudi Soeriaatmadja, Jakarta – President Joko Widodo has pledged to tackle Indonesia's widening current account deficit, which is seen to reach about US$25 billion (S$34 billion) this
August 25, 2018
Jakarta – Moody's investor service has estimated that the Indonesian government will likely narrow the fiscal deficit in the 2019 state budget, but that the strains on debt affordabilit
August 23, 2018
Kuala Lumpur – Indonesia's rupiah has regained the crown of being Asia's most volatile currency.
August 20, 2018
Jakarta – Finance Minister Sri Mulyani Indrawati has responded to criticism raised by People's Consultative Assembly (MPR) Speaker Zulkifli Hasan on the government's debt, saying that a
August 15, 2018
Marchio Irfan Gorbiano, Jakarta – Bank Indonesia (BI) raised its key rate on Wednesday in a move to maintain the competitiveness of the domestic financial market and to rein in swelling
Jakarta – The Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry
August 13, 2018
Karthika Suresh Namboothiri, Jakarta – Indonesian shares plummeted on Monday (13/08) in their worst drop in nearly two years as emerging market currencies faced a deep selloff, causing
August 11, 2018
Shotaro Tani, Jakarta – Indonesian President Joko Widodo is deploying series of defensive tactics – some rather unconventional ones – to prevent the sell-off of the country's currency,
August 8, 2018
Jakarta – Moody's Investors Service has changed its outlook for the Indonesian banking system from positive to stable.
August 3, 2018
Jakarta – Coordinating Economic Minister Darmin Nasution has warned that Indonesia relied very much on foreign capital because of the low savings rate among Indonesians.
July 31, 2018
Maikel Jefriando, Jakarta – Indonesia's president called on Tuesday for the immediate implementation of a plan to widen the use of biodiesel that his economic ministers hope will cut th
July 27, 2018
Jakarta (Bloomberg) – As foreign funds continue to dump Indonesian stocks and bonds, President Joko Widodo is chasing dollars from tourism and exports to help contain a widening current
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
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.