Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the currency and financial system, projecting

Adrian Wail Akhlas, Jakarta – Indonesia's current account deficit narrowed in the first quarter of this year as imports fell and the deficit in services dwindled amid the coronavirus p

Diana Mariska, Jakarta – Indonesia's central bank has bought $1.6 billion worth of government bonds in the primary market, underlining its commitment to remain active in it as the coun

Yunindita Prasidya, Jakarta – State-owned banks have restructured loans worth up to Rp 223.16 trillion (US$15 billion) to over 1.7 million borrowers as part of the loan-relaxation prog

Riska Rahman, Jakarta – Indonesian companies have preferred to raise capital from the debt market in the first four months of this year as banks experience tight liquidity, according t

Yunindita Prasidya, Jakarta – Individual investors are showing growing appetite for government bonds (SBN) because the low-risk securities provide promising returns amid uncertain mark

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth slowed down in the first quarter as foreign investors sold off Indonesian assets over fears of the COVID-19 pandemic, Bank

Tassia Sipahutar, Jakarta – Indonesian borrowers are selling a record amount of dollar bonds, as the country's strong fiscal track record in recent years fuels optimism on its ability

Shuli Ren – Since surviving an IMF bailout and violent change of government during the Asian financial crisis, Indonesia has shown an uncanny resilience in bouncing back from global se

Adrian Wail Akhlas, Jakarta – The liquidity of Indonesian banks will remain in check despite economic risks brought by the COVID-19 pandemic and loan restructuring program that defers

Yunindita Prasidya, Jakarta – Indonesian rating agency Pemeringkat Efek Indonesia (Pefindo) has revised the outlooks of several financial institutions and downgraded the rating of asse

Adrian Wail Akhlas, Jakarta – The COVID-19 pandemic is threatening the stability of Indonesia's financial system, as it causes a supply-demand shock and weakens the country's financial

Adrian Wail Akhlas, Jakarta – Foreign exchange (forex) reserves surged to US$127.9 billion in April on the back of the government's issuance of US dollar-denominated bonds in the same

Adrian Wail Akhlas, Jakarta – The Finance Ministry has decided to cancel its plan to issue "pandemic bonds", which were initially prepared as a part of the country's efforts to fund th

Riska Rahman and Adrian Wail Akhlas, Jakarta – The government's planned relief program for borrowers affected by COVID-19 will hurt the liquidity of state-owned banks if they are not g

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has bought up to Rp 173.1 trillion (US$11.24 billion) worth of government bonds from primary and secondary markets in a bid to stabili

Adrian Wail Akhlas, Jakarta – The rupiah has reached its strongest level since mid-March, appreciating nearly 3 percent on Thursday against the United States dollar amid hopes that a v

Riska Rahman, Jakarta – State-owned banks have restructured more than Rp 120.86 trillion (US$8.05 billion) in loans to over 832,000 borrowers in an effort to curb the impact of the COV

Fathiya Dahrul – Indonesian banks are looking to the government for additional stimulus measures to cope with a growing pile up of bad loans, as the coronavirus pandemic batters the ec

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has injected Rp 503.8 trillion (US$32.7 billion) into banks and the debt market to stabilize the rupiah and help support the governmen

Adrian Wail Akhlas, Jakarta – Indonesia has raised another Rp 62.62 trillion (US$4.05 billion) from government debt papers (SUN) and is in talks with several development banks to raise

Riska Rahman, Jakarta – The Indonesia Stock Exchange (IDX) has set lower targets on daily transaction values and newly listed companies this year while relying more on domestic investo

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) directly purchased Rp 1.7 trillion (US$108 million) worth of sharia sovereign bonds during an auction held by the government on Tuesda

Ghina Ghaliya and Marchio Irfan Gorbiano, Jakarta – The government has announced that it is to provide interest subsidies for small borrowers in banks and finance companies to help sma

Eisya A.

Riska Rahman, Jakarta – Slowing loan demand in the first quarter of this year is expected to continue up until the end of 2020 and can potentially drag down Indonesia's economic growth

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) is requiring banks to buy government bonds after cutting banks' reserve ratio further, providing the financial system with Rp 102 tril

Triyan Pangastuti, Lona Olavia, Jakarta – The rupiah has appreciated for the last few days along with foreign capital inflow to government bonds, reflecting a return of investors' conf

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

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.

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

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

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

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

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

Eisya A.

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, 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 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

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, 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

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

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