Marchio Irfan Gorbiano, Jakarta – The issuance of foreign-denominated global bonds by the government has contributed to strengthening the country's foreign exchange reserve position, B

Jakarta – The rupiah exchange rate dropped to Rp 14,224 per US dollar at 10:22 a.m.

Jakarta – The profits of small banks, which are known as Book I and II banks, have grown slowly since 2015 because they cannot compete with large lenders.

Winny Tang, Jakarta – Mergers and acquisitions in Indonesia's banking industry are projected to flourish this year as foreign investors, mainly from Japan and South Korea, have begun t

Riska Rahman, Jakarta – The government plans to launch a financial deepening program comprising tax incentives for several investment instruments to attract more long-term investors an

Jakarta – The Indonesian government paid Rp 22.99 trillion (US$1.64 billion) of its debt interest that was due in January, or 8.33 percent of the debt interest payment target it set in

Marchio Irfan Gorbiano, Jakarta – Indonesia's external debt increased in 2018 amid rising foreign capital inflows toward the end of the year.

Jakarta – The Trade Ministry's Futures Exchange Supervisory Board (Bappebti) has issued four regulations that treat crypto assets as commodities.

Jakarta – The rupiah continued to weaken on Monday, falling to Rp 14,005 per United States dollar at 10 a.m.

Marchio Irfan Gorbiano, Jakarta – Indonesia welcomed 2019 with stable foreign exchange reserves, Bank Indonesia (BI) announced on Thursday, while economists said more favorable externa

Jakarta – The Finance Ministry has issued a new regulation on a new tax incentive that reduces interest income taxes for exporters that place their foreign exchange earnings as fixed d

Rachmadea Aisyah, Jakarta – The financial services sector has yet to become a main engine for economic growth, but it has the potential to do so, according to joint research from the N

Riska Rahman and Marchio Irfan Gorbiano, Jakarta – The rupiah may have overcome its toughest period last year, but a problem still persisted in the current account deficit, which could

Cindy Silviana, Jakarta – Indonesia will finalize in May a plan to put four state banks under a holding company, marking the sector's biggest shake-up since the Asian financial crisis

Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo has said that under the current exchange rate, the rupiah was still undervalued and could, therefore, further strengthen against th

Jakarta – The Financial System Stability Committee (KSSK) has said Indonesia's economy faces several risks this year, such as continuing trade and current account deficits and liquidit

Jakarta – Finance Minister Sri Mulyani Indrawarti has responded to criticism of swelling government debt, which reached Rp 4.42 quadrillion (US$313.83 billion) in December, by arguing

Jakarta – The Indonesian Banks Association (Perbanas) has said that 50 to 70 banks are sufficient to ensure healthy competition between lenders in the Indonesian market.

Jakarta – Bank Indonesia (BI) has recorded that capital inflows into the country totaled Rp 14.57 trillion (US$1.03 billion) in the period from Jan. 1 to Thursday.

Marchio Irfan Gorbiano, Jakarta – The strengthening rupiah in November led to an increase in Indonesia's external debt, Bank Indonesia data has revealed.

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

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

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

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

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

Jakarta – The Finance Ministry recorded that the foreign capital invested in the government's debt papers (SBN) broke this year's record on Nov.

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

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

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.

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

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.

David G Rose – The Asian financial crisis may have occurred two decades ago, but it continues to cast a long shadow over Indonesia.

Jakarta – The rupiah weakened to Rp 15,025 per United States dollar at 11:37 a.m.

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.

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

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.

Andita Rahma, Jakarta – Gerindra patron chief Prabowo Subianto has again criticized the government's effort in managing the state debt.

Shotaro Tani, Jakarta – The Indonesian rupiah fell to its lowest mark against the U.S.

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

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

Kuala Lumpur – Indonesia's rupiah has regained the crown of being Asia's most volatile currency.

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

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

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

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

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,

Jakarta – Moody's Investors Service has changed its outlook for the Indonesian banking system from positive to stable.

Jakarta – Coordinating Economic Minister Darmin Nasution has warned that Indonesia relied very much on foreign capital because of the low savings rate among Indonesians.