Vincent Fabian Thomas, Jakarta – Bank Indonesia (BI) says it will introduce a domestic credit card system allowing for greater independence and lower fees, as transactions are settled l
Banking & Finance
Displaying 1 - 50 of 553 Documents
March 21, 2023
March 14, 2023
Hanifah Dwijayanti, Jakarta – Financial Services Authority (OJK) assessed that the trend of illegal online lending is rising ahead of Eid al-Fitr.
February 28, 2023
Jakarta – Why change a winning macroeconomic management team?
February 27, 2023
Moh Khory Alfarizi, Jakarta – The Finance Ministry in the February edition of the State Budget report revealed that the government's foreign debt as of January 2023 reached Rp7,754.98 t
February 24, 2023
Filipe Pacheco and Fathiya Dahrul – PT Pertamina Geothermal Energy ended flat in its Jakarta trading debut after a 9.06 trillion rupiah ($596 million) initial public offering, Indonesia
February 22, 2023
Jakarta (Agencies) – President Joko "Jokowi" Widodo has officially nominated Bank Indonesia governor Perry Warjiyo for a second five-year term in the post, a senior lawmaker at the Hous
Ankur Banerjee and Patturaja Murugaboopathy, Singapore – A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding ste
February 16, 2023
Jakarta – Portfolio investment is on the rise in Indonesia and the country's capital market can help indicate the national economic growth, according to a recent forum.
February 11, 2023
Zsazya Senorita, Jakarta – Indonesia has more crypto users than the total number of individual investors at the Indonesia Stock Exchange or IDX, but the country is still lacking a safe
February 8, 2023
Aditya Hadi, Jakarta – Three of Indonesia's four largest banks have revealed modest goals for loan growth this year, despite surpassing their 2022 targets amid a difficult global enviro
February 4, 2023
Beritasatu, Jakarta – The Commodity Futures Trading Regulatory Agency, or Bappebti, is under the suspicion of maladministration in its process of building the country's crypto ecosystem
February 1, 2023
Fadhil Haidar Sulaeman, Jakarta – Investment banks are projecting a flurry of merger and acquisition (M&A) activity in Indonesia this year – some driven by sustainable growth prospe
Heru Andriyanto, Jakarta – Finance Minister Sri Mulyani Indrawati is rumored to get the nomination for Bank Indonesia governorship succeeding Perry Warjiyo, who is set to retire in Apri
January 20, 2023
Fadhil Haidar Sulaeman, Jakarta – Bank Indonesia (BI) has announced that a rate hike in January is adequate to meet its inflation target, which economists take to mean that the central
January 19, 2023
Billy Adison Aditijanto, Jakarta – An anticipated weakening of the United States dollar will make Indonesian markets more desirable for international investors, helping prop up the rupi
Jakarta – Indonesian exports, which generated about US$54.5 billion in trade surplus last year, up by 50 percent from 2021, are widely predicted to decline this year due to the weakenin
January 18, 2023
Matthew Burgess and Marcus Wong – Overseas investors have returned to Indonesia's bonds en masse, a shift which has helped spur gains in the rupiah.
January 16, 2023
Antara, Jakarta – The Rupiah exchange rate transacted between banks in Jakarta surged on Monday morning which is in line with market expectations for Indonesia's trade balance surplus i
January 9, 2023
Vincent Fabian Thomas, Jakarta – The Indonesian crypto market is unlikely to improve in 2023, with investors braced for another difficult year amid a new regulatory environment.
January 7, 2023
For The Next Week's Trade, Ibrahim Predicted The Rupiah Will Open Sideways And Close On The Lower End Between Rp15,610 And Rp15,670 Per Us Dollar., Jakarta – The Rupiah closed January 6
January 2, 2023
Jayanty Nada Shofa, Jakarta – The Financial Services Authority or OJK recently announced that the Indonesian capital market wrapped up 2022 on a high note, doing much better than other
December 22, 2022
Jakarta – Bank Indonesia, the country's central bank, has eased off the accelerator with a decision to raise its benchmark interest rate by only 25 basis points to 5.50 percent on Thurs
December 21, 2022
Jakarta – Following the success of the burden-sharing agreement between Bank Indonesia (BI) and the Finance Ministry in financing the fiscal deficit over the past three years to prevent
December 20, 2022
Jakarta – Indonesia's fiscal deficit as of Dec.
December 16, 2022
Bisnis, Jakarta – The rupiah was corrected further down against the US dollar in Thursday's trade, December 15, 2022.
December 15, 2022
Whisnu Bagus Prasetya, Jakarta – Indonesia's external debt stood at $390.2 billion as of October, down slightly by 7.6 percent from the same month last year, Bank Indonesia reported on
Grace Sihombing and Claire Jiao – Indonesia's parliament passed a law tasking the central bank to directly finance the budget in times of crisis, just as it had been doing since the pan
Jakarta – Indonesia's parliament on Thursday voted to approve financial legislation that widens the central bank's mandate to include supporting sustainable economic growth and formaliz
December 13, 2022
Stefanno Sulaiman, Jakarta – Indonesia's parliament is expected to pass a bill this week that will allow former politicians to head Bank Indonesia (BI), the central bank, and expand its
December 8, 2022
Stefanno Sulaiman, Jakarta – The House of Representatives and government have agreed on a clause in a new financial bill to allow former politicians to stand as central bank governor, t
Grace Sihombing and Claire Jiao – Indonesia is one step closer to requiring the central bank to come to the government's aid through crisis bond-buying, while dropping earlier proposals
November 30, 2022
Stefanno Sulaiman and Gayatri Suroyo, Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo emphasized on Wednesday the need to adjust interest rates early to control inflation, which is
November 29, 2022
Deni Ghifari, Jakarta – The latest study found that the majority of Indonesians use electronic wallet (e-wallet) more often than cash, with GoPay currently leading the sector, followed
November 28, 2022
Investor Daily, Jakarta – The government debt stood at Rp 7,496 trillion ($477 billion) as of October 31, an increase of Rp 76.23 trillion from the figures a month earlier, according to
November 18, 2022
Vincent Fabian Thomas, Jakarta – Bank Indonesia (BI) has decided to raise its benchmark rate by another 50 basis points (bps) in a move to bring down domestic inflation and to safeguard
November 17, 2022
Jakarta – Indonesia's central bank raised its key interest rate by 50 basis points for a third consecutive month on Thursday, saying it will strengthen its response to "high" inflation
November 14, 2022
Vincent Fabian Thomas, Jakarta – Indonesian mutual funds are down some 10 percent this year, as global rate hikes and new domestic regulations push money elsewhere.
November 1, 2022
Jakarta – Indonesia Stock Exchange, or IDX, the country's sole securities bourse, has been working toward developing a carbon exchange system to support the government's initiative to e
October 25, 2022
Jakarta – It is safe to say the government has made better decisions that have kept the country's economy afloat amid a war and global inflation this year.
October 20, 2022
Triyan Pangastuti, Jakarta – Bank Indonesia on Thursday decided to raise the benchmark interest rate by 50 points to 4.75 percent in a "preemptive measure" to tame inflation.
Vincent Fabian Thomas, Jakarta - – An omnibus bill finalized by the House of Representatives last month looks to bring sweeping changes to some 15 laws on the financial sector.
October 17, 2022
Arrijal Rachman, Jakarta – Bank Indonesia or BI announced that Indonesia's external debt had declined again in August 2022.
Bisnis, Jakarta – The rupiah starts off this week still with a depreciation against the US dollar.
October 12, 2022
Tenggara Strategics, Jakarta – The House of Representatives concluded a plenary meeting on Sept.
October 4, 2022
Jakarta – The Bank Indonesia (BI) Board of Governors decided at its monthly meeting last week to raise its policy rate (7-Day Reverse Repo Rate or 7-DRRR) by 50 basis points to 4.25 per
September 29, 2022
Arrijal Rachman, Jakarta – Indonesia's debt at the end of August this year has reached a total of Rp7,236.61 trillion, which is a 1.01 percent increase compared to July by logging Rp7,1
September 23, 2022
Prisma Ardianto, Jakarta – Indonesia's peer-to-peer lending industry is set to expand its loan disbursement by 70 percent to $16.6 billion this year, thanks to the high demand from the
September 22, 2022
Grace Sihombing and Claire Jiao – Indonesia's central bank delivered a bigger-than-expected interest rate hike to cool inflation that it now expects to surpass 6% this year amid a weake
September 21, 2022
Anant Chandak, Bengaluru – Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting on Thursday, still moving more slowly than mos
September 15, 2022
Jakarta – Bank Indonesia or BI recorded the country's foreign debt position at US$400.4 billion, or around Rp5,964 trillion, at the end of July 2022.