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The Jakarta Post
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BI

Bank Indonesia holds rate to safeguard financial market stability
Business 5 months ago

Bank Indonesia holds rate to safeguard financial market stability

BI maintained Tuesday its policy rate – the seven-day reverse repo rate – at 4.5 percent...
Indonesia debt growth slows in Q1 as foreign capital retreats
Business 5 months ago

Indonesia debt growth slows in Q1 as foreign capital retreats

The country’s external debt, which includes borrowing by both the government and the private s...
Consumer spending to contract in 2020 as pessimism takes hold
Business 5 months ago

Consumer spending to contract in 2020 as pessimism takes hold

Consumer spending, which accounts for more than a half of the country’s GDP, grew by just 2.84...
‘No need for unusual policies’: BI refuses to print money to support economy
Business 5 months ago

‘No need for unusual policies’: BI refuses to print money to support economy

BI Governor Perry Warjiyo said the suggestion to print money was not a prudent monetary policy.
BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy
Business 5 months ago

BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy

BI’s forecast was based on the assumption that the virus outbreak would peak in May until mid-...
Bank Indonesia buys $108m of government bonds at auction, first time since rule change
Business 6 months ago

Bank Indonesia buys $108m of government bonds at auction, first time since rule change

“BI acts as the last resort when the market is unable to absorb all of the offers,” BI G...
Loan demand to slow further this year as pandemic hits businesses
Business 6 months ago

Loan demand to slow further this year as pandemic hits businesses

The slowdown in new loan demand happened across all segments of working capital, investment and cons...
Bank Indonesia to relax credit card regulations to fuel virus-battered economy
Business 6 months ago

Bank Indonesia to relax credit card regulations to fuel virus-battered economy

Bank Indonesia will relax rules on credit cards, including lowering the maximum interest rate and la...
North Sumatra may see spike in poverty, unemployment as pandemic damages economy: BI
Business 6 months ago

North Sumatra may see spike in poverty, unemployment as pandemic damages economy: BI

Under the extreme scenario, an additional 589,521 residents of North Sumatra could fall into po...
Bank Indonesia holds policy rate, sees room for further cuts amid virus risks
Business 6 months ago

Bank Indonesia holds policy rate, sees room for further cuts amid virus risks

BI has trimmed the benchmark rate twice this year in response to the pandemic.
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