Indonesia’s government has paid bondholders the 722 billion rupiah (RM164 million) owed to them after state-owned…
Category: INDONESIA REPORT
BI calls for sharia finance reform as global competition rises
Bank Indonesia (BI) stressed the urgent need to strengthen the country’s sharia economy and finance sectors…
Indonesia Central Bank keeps rate at 5.75 pct, citing stable inflation
Bank Indonesia kept its key benchmark interest rate unchanged at 5.75 percent in September, pointing to…
Rupiah breaches 18,000/dlr for first time since August on rising yields, oil
Indonesia’s rupiah breached 18,000 per US dollar for the first time in nearly two months on…
How Digital Rupiah shapes Indonesia’s economy
The way people conduct everyday transactions in Indonesia is undergoing a major shift. Physical banknotes and…
PRABOWO NOMINATES ACTING HEAD TO LEAD CENTRAL BANK
Destry Damayanti has been nominated as the sole candidate for the job, said a presidential spokesman.…
MSCI downgrades Indonesia’s information flow criterion on transparency concerns
The index provider said the downgrade reflected opacity in ownership data and market activity, which undermines…
PESO & IDR HIT NEAR RECORD LOW AMID OUTFLOWS AS CENTRAL BANKS UNVEIL MEASURES
BENGALURU (March 30): The Philippine peso sank to a record low on Monday, while the Indonesian…
OJK COMMITTED TO RESTORING INVESTOR CONFIDENCE IN INDONESIA
Friderica Widyasari Dewi, the new boss of Indonesia’s financial regulator, wants to restore investor trust after…
OJK SETS 1 YEAR DEADLINE TO RAISE FREE FLOAT REQUIREMENT
The Financial Services Authority (OJK) has given companies listed on the Indonesia Stock Exchange (IDX) until…