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Displaying 1 - 50 of 516 Documents

November 18, 2022

Jakarta Post - 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

Reuters - 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

Jakarta Post - 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 Globe - 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 Post Editorial - 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

Jakarta Post - October 20, 2022

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.

Jakarta Globe - 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.

October 17, 2022

Tempo - October 17, 2022

Bisnis, Jakarta – The rupiah starts off this week still with a depreciation against the US dollar.

Tempo - October 17, 2022

Arrijal Rachman, Jakarta – Bank Indonesia or BI announced that Indonesia's external debt had declined again in August 2022.

October 12, 2022

Jakarta Post - October 12, 2022

Tenggara Strategics, Jakarta – The House of Representatives concluded a plenary meeting on Sept.

October 4, 2022

Jakarta Post - 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

Tempo - 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

Jakarta Globe - 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

Bloomberg News - 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

Reuters - 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

Tempo - 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.

September 13, 2022

Tempo - September 13, 2022

Arrijal Rachman, Jakarta – Bank Mandiri team of economists estimates that the growth of bank lending in Indonesia in 2022 will not reach double digits, which is mainly due to the impact

September 7, 2022

Jakarta Globe - September 7, 2022

Jakarta – The foreign exchange reserves have remained unchanged at $132.2 billion at the end of August from a month earlier, thanks to tax and oil and gas revenues, Bank Indonesia, the

September 6, 2022

Tempo - September 6, 2022

Jakarta (Bisnis.com) – The Indonesian rupiah opened today's trade, September 6, with a gain on the US dollar.

August 29, 2022

Tempo - August 29, 2022

Fajar Pebrianto, Jakarta – President Joko "Jokowi" Widodo has officially launched the Domestic Government Credit Card (KKP) and International QRIS (quick response Indonesia standard) pa

August 23, 2022

Jakarta Globe - August 23, 2022

Jakarta – Bank Indonesia, the country's central bank, has decided to raise the benchmark interest rate by 25 basis points to 3.75 percent on Tuesday in a preemptive move to mitigate ris

Bloomberg News - August 23, 2022

Claire Jiao and Grace Sihombing – Indonesia's central bank unexpectedly raised borrowing costs for the first time since 2018 as policy makers conceded that inflation pressures have rise

August 15, 2022

Tempo - August 15, 2022

Hendartyo Hanggi, Jakarta – Indonesia's foreign debt by the end of the second quarter (Q2) amounted to 403 US dollars, which is a reduction compared to the previous quarter which logged

August 10, 2022

Macao News - August 10, 2022

Timor-Leste's Petroleum Fund (PF) was worth US$17.84 billion at the end of June, down from US$19.12 billion at the end of March, the central bank has announced.

July 22, 2022

Reuters - July 22, 2022

Jakarta – Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a

July 6, 2022

Tempo - July 6, 2022

Anwar Siswadi (Contributor), Jakarta – Research firm Populix has released its latest survey on consumers' preference for banking and e-wallet apps which found that 64 respondents own ba

June 24, 2022

Jakarta Post Editorial - June 24, 2022

Jakarta – The United States Federal Reserve's rate increase of 75 basis points on June 15 and its indication of another three-quarter-point hike in July still did not cause Bank Indones

June 23, 2022

Reuters - June 23, 2022

Gayatri Suroyo and Stefanno Sulaiman, Jakarta – Indonesia's central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation while down

May 26, 2022

Reuters - May 26, 2022

Jakarta – Indonesia has raised $3.25 billion by selling U.S.

May 24, 2022

Channel News Asia - May 24, 2022

Jakarta (Reuters) – Indonesia's central bank announced on Tuesday more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to rise slightly above its

May 4, 2022

Bloomberg News - May 4, 2022

Claire Jiao – Indonesia's wealth fund may not reach its $200 billion goal in the time frame set out by the country's president, as it aims to ensure sufficient returns for the state bef

April 18, 2022

Tempo - April 18, 2022

Bisnis, Jakarta – Former Indonesian vice president Jusuf Kalla on Sunday, April 17, revealed the challenge faced by any presidential candidate for the 2024 presidential election.

April 14, 2022

Jakarta Globe - April 14, 2022

Triyan Pangastuti, Jakarta – Bank Indonesia, or BI, the country's central bank, has signaled to keep its benchmark interest rate steady at 3.5 percent, saying the fundamental domestic i

April 4, 2022

Jakarta Globe - April 4, 2022

Dion Bisara, Jakarta – Crypto assets ownership in Indonesia was among the highest globally as many investors in the country look at digital assets as a protection against future inflati

February 23, 2022

Tempo - February 23, 2022

Antara, Jakarta – Bank Indonesia (BI) reported a positive growth of economic liquidity or money supply in a broad sense (M2) in January 2022.

February 21, 2022

Tempo - February 21, 2022

Mutia Yuantisya, Jakarta – Bank Indonesia (BI) and The Reserve Bank of Australia have agreed to renew the Bilateral Local Currency Swap Arrangement or BCSA.

February 10, 2022

Reuters - February 10, 2022

Jakarta – Indonesia's central bank will review policy rate levels in the third quarter to head off any spike in inflation next year, Governor Perry Warjiyo said on Thursday, after it de

January 26, 2022

Reuters - January 26, 2022

Jakarta – Indonesia's central bank will keep its key interest rate low until it sees signs of rising inflation, its deputy governor Dody Budi Waluyo told a seminar on Wednesday, adding

January 20, 2022

Coconuts Jakarta - January 20, 2022

One of Indonesia's – and the world's – largest Islamic organizations has declared cryptocurrency as haram, or forbidden for Muslims.

December 23, 2021

Reuters - December 23, 2021

Jakarta – Indonesian authorities have confiscated land and property assets from textile firm Texmaco Group, after the company failed to repay more than US$2 billion in debt since the la

December 21, 2021

Reuters - December 21, 2021

Jakarta – Indonesia's government will sell 157 trillion rupiah (US$10.94 billion) of bonds to the central bank before the end of 2021 to utilise a fiscal deficit financing deal agreed i

December 16, 2021

Reuters - December 16, 2021

Jakarta – Indonesia's central bank left interest rates at a record low on Thursday to support the economy's recovery from COVID-19 and said it sees no need to change its policy outlook

December 13, 2021

Reuters - December 13, 2021

Bengaluru – Bank Indonesia is certain to hold interest rates steady on Thursday as inflation remains benign for now, according to economists in a Reuters poll who have brought fo

November 11, 2021

Bloomberg News - November 11, 2021

Yudith Ho and Fathiya Dahrul – Indonesia's stock benchmark is on course for a fresh record high on the back of signs of an economy recovery.

Al Jazeera - November 11, 2021

Arys Aditya (Bloomberg) – The use of crypto assets as a currency is forbidden for Muslims, according to Indonesia's council of religious leaders.

October 28, 2021

Tempo - October 28, 2021

Rr Ariyani Yakti Widyastuti, Jakarta – The East Java branch of one of Indonesia's largest Islamic organizations, Nahdlatul Ulama (NU), on Sunday announced its latest fatwa that deems th

October 26, 2021

Jakarta Globe - October 26, 2021

Triyan Pangastuti, Jakarta – The Indonesian government claimed on Tuesday it has controlled 23.11 percent of global sharia bonds market by issuing a total of $23.65 billion worth of the

October 19, 2021

Reuters - October 19, 2021

Jakarta – Indonesia's central bank kept its policy rates steady at record lows on Tuesday, saying the decision was in line with the need to support the economic recovery while keeping t

September 25, 2021

Jakarta Globe - September 25, 2021

Asni Ovier, Jakarta – Indonesia will not follow China's footsteps in banning all cryptocurrencies transactions outright but looking into ways to make them less prone to be used in illeg

September 9, 2021

Jakarta Globe - September 9, 2021

Faisal Maliki Baskoro, Jakarta – The Indonesian central bank has recently inked a deal with its Chinese counterpart on the use of their respective currencies when it comes to bilateral