Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt grew slower in February as foreign investors reduced holdings of Indonesian assets amid a risk-off environment driven by the COVI

Riska Rahman, Jakarta – The spread of COVID-19 is expected to hit Indonesian banks' performance this year, but analysts remain hopeful that the industry will still be resilient enough

Riska Rahman, Jakarta – State-owned banks have collectively restructured almost Rp 29 trillion (US$1.84 billion) in loans as the COVID-19 pandemic hampers economic activities and weake

Esther Samboh and Adrian Wail Akhlas, Jakarta – Indonesia's revised 2020 state budget highlights lower income and higher spending against the backdrop of the coronavirus outbreak.

Karlis Salna and Fathiya Dahrul – The coronavirus crisis is creating a new threat for Indonesia's debt-laden state-owned businesses.

Yunindita Prasidya, Jakarta – Almost all banks and financing companies have offered loan restructuring programs to help their clients in a harsh market environment as COVID-19 has disr

Jakarta – The Indonesia Deposit Insurance Corporation (LPS) denied on Thursday media reports that its stress test had shown eight banks at risk of collapse under the government's worst

Adrian Wail Akhlas, Jakarta – Indonesia's new debt is expected to triple this year as the government struggles to fund its fight against the COVID-19 pandemic.

Scott Murdoch, Hong Kong – Indonesia has raised US$4.3 billion, including the longest-dated US dollar bond ever issued by an Asian nation, to help the government fund its battle agains

Riska Rahman, Jakarta – International rating agencies are questioning Indonesian companies' ability to repay their debts and have consequently downgraded their ratings and outlooks ami

Adrian Wail Akhlas, Jakarta – Indonesia is strengthening its financial crisis protocol in a new regulation that will provide policymakers with immunity from criminal charges when issui

Adrian Wail and Riska Rahman, Jakarta – Foreign investors are slowly coming back to Indonesia as Bank Indonesia (BI) is seeing signs of an easing of the recent capital outflow from the

Riska Rahman, Jakarta – Indonesian stocks hit another circuit breaker on Monday morning, the sixth time this month, as the main gauge, the Jakarta Composite Index (JCI), plunged by 5 p

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Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) is ensuring the liquidity in the country's financial system would be sufficient to meet the people's needs in the coming months as mas

Marchio Irfan Gorbiano and Made Anthony Iswara, Jakarta – The Financial Services Authority (OJK) will extend loan payment deadlines for micro, small and medium enterprises (MSMEs) for

Adrian Wail Akhlas and Riska Rahman, Jakarta – The rupiah fluctuated at around 16,500 per US dollar on Tuesday despite a slight gain after falling sharply to near the 17,000-mark the p

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has continued to inject liquidity of up to Rp 300 trillion (US$18.19 billion) into the financial markets and banks to help support the

Adrian Wail Akhlas, Jakarta – The World Bank has approved the disbursement of a US$300 million loan to support the development of Indonesia's financial market by expanding its outreach

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) hit yet another circuit breaker on Monday afternoon, with trading temporarily halted for the fifth time this month and prices

Adrian Wail Akhlas and Made Anthony Iswara, Jakarta – The rupiah breached Rp 16,000 against the US dollar on Friday, the weakest since the 1998 crisis, taking its toll on central bank

Diana Mariska, Jakarta – The Financial Services Authority, OJK, has advised banks and financing companies against using debt collectors during the Covid-19 pandemic as the authority re

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has bought about Rp 163 trillion (US$10.1 billion) worth of government bonds to stabilize the country's financial market amid foreign

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) cut on Thursday the nation's policy rate to prop up the economy, which is likely to grow at the lowest rate in 15 years, battered by a

Jakarta – Indonesia's currency has been in a freefall, even defying the central bank's intense market intervention.

Adrian Wail Akhlas, Jakarta – Indonesian stocks hit circuit breakers for the third time in the past week on Tuesday, touching levels unseen since 2015 as the rupiah surpassed the psych

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose in January due to an increase in the government's net borrowing, mainly through the issuance of government debt papers (SBNs

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

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

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

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

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

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

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

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

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

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 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

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 – 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

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 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

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

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