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BI

Retail sales grow for fourth straight month, pushed by fuel purchases
Economy 1 year ago

PREMIUM
Retail sales grow for fourth straight month, pushed by fuel purchases

Preliminary data from Bank Indonesia (BI) show that Indonesia’s retail sales were projected to...
Consumer confidence inches up, maintaining 20-month trend
Economy 1 year ago

PREMIUM
Consumer confidence inches up, maintaining 20-month trend

A nationwide survey by Bank Indonesia (BI) has found that Indonesians remain relatively optimistic, ...
BI sees no rate change until H2 2024 but keeps open mind to cutting sooner
Regulations 1 year ago

PREMIUM
BI sees no rate change until H2 2024 but keeps open mind to cutting sooner

Bank Indonesia (BI) expects to keep its benchmark interest rate at 6 percent for at least six more m...
QR payment growth in Indonesia outpaces BI target
Markets 1 year ago

QR payment growth in Indonesia outpaces BI target

BI also noted that of the 29.63 million merchants in the country that accepted QRIS, 92 percent were...
BI anticipates higher demand for cash ahead of year-end holidays and election
Election Updates 1 year ago

BI anticipates higher demand for cash ahead of year-end holidays and election

BI Deputy Governor Doni Primanto Joewono said the cash supply would prevent cash insufficiency ...
BI maintains rates amid stable inflation outlook
Regulations 1 year ago

PREMIUM
BI maintains rates amid stable inflation outlook

Bank Indonesia (BI) has kept its benchmark interest rate unchanged as it deems the current 6-percent...
Govt confident financial sector ready to withstand extreme scenarios
Economy 1 year ago

PREMIUM
Govt confident financial sector ready to withstand extreme scenarios

Indonesia’s financial sector is resilient enough not to buckle even under extreme scenarios fo...
BI unexpectedly hikes rate amid global uncertainty
Economy 1 year ago

PREMIUM
BI unexpectedly hikes rate amid global uncertainty

Bank Indonesia deems the 25-basis-point increase necessary amid global uncertainty, even though infl...
E-wallets require novel use cases as QRIS muscles in: Analysts
Tech 1 year ago

PREMIUM
E-wallets require novel use cases as QRIS muscles in: Analysts

Analysts say the rivalry between e-wallets and banking apps is not a zero-sum game, as each cou...
Enhancing Indonesia's financial stability amid global challenges
Academia 1 year ago

PREMIUM
Enhancing Indonesia's financial stability amid global challenges

While the KSSK plays a pivotal role in crisis management, its primary function is to coordinate effo...
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