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The Jakarta Post
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BI

BI imposes fixed fees on QRIS transactions, targets 15 million merchants in 2020
Business 6 months ago

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BI imposes fixed fees on QRIS transactions, targets 15 million merchants in 2020

The central bank has set a merchant discount rate of 0.7 percent for almost every transaction using ...
Property market to remain sluggish despite incentives
Business 6 months ago

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Property market to remain sluggish despite incentives

The growth of property market is expected to still be below 10 percent.
Indonesia’s foreign exchange reserves soar to 22-month high in December
Business 6 months ago

Indonesia’s foreign exchange reserves soar to 22-month high in December

Indonesia’s foreign exchange (forex) reserves rose to US$129.2 billion in December, drive...
Bank Indonesia operates normally amid Greater Jakarta flooding
Business 7 months ago

Bank Indonesia operates normally amid Greater Jakarta flooding

BI will coordinate with banks and related institutions/authorities to ensure undisrupted and secured...
Mergers, acquisitions in banking industry mark 2019 despite weak loan growth
Business 7 months ago

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Mergers, acquisitions in banking industry mark 2019 despite weak loan growth

Loan growth slowed to 6.53 percent in October year-on-year, the lowest level since 2016.
BI to cut rate by 50 bps in 2020: Fitch Solutions
Business 7 months ago

BI to cut rate by 50 bps in 2020: Fitch Solutions

Bank Indonesia (BI) will further slash the nation’s benchmark interest rate by 50 basis points...
BI holds rate at 5% as loan growth slows to three-year low
Business 7 months ago

BI holds rate at 5% as loan growth slows to three-year low

“Monetary policy will remain accommodative and consistent as inflation and external stability ...
Indonesia’s GDP growth to remain sluggish, or even slow next year: Analysts
Business 7 months ago

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Indonesia’s GDP growth to remain sluggish, or even slow next year: Analysts

Credit rating agency Moody’s estimates Indonesia’s GDP will grow by only 4.9 percent thi...
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Business 8 months ago

‘Winter is coming’: Synergy, transformation crucial for growth, says BI

Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia govern...
Indonesian banks buoyant despite sluggish economic growth
Business 8 months ago

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Indonesian banks buoyant despite sluggish economic growth

Indonesian lenders remain upbeat on profit growth next year, even though the country’s economy...
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