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bank-indonesia

BI to maintain accommodative policy as GDP set for first annual contraction since 1998
Business 12 hours ago

BI to maintain accommodative policy as GDP set for first annual contraction since 1998

Finance Minister Sri Mulyani Indrawati said on Tuesday that the government had revised its gross dom...
Financial sector overhaul
Editorial 2 days ago

Financial sector overhaul

Our question is, what is the point of putting the 1999 BI Law amendment on top of the House legislat...
BI holds rate at 4% to ensure rupiah stability as central bank's independence put in spotlight
Business 6 days ago

BI holds rate at 4% to ensure rupiah stability as central bank's independence put in spotlight

The benchmark seven-day reverse repo rate will remain at 4 percent, while deposit facility and lendi...
Indonesia's retail sales, consumer survey point to bleak economic recovery
Business 1 week ago

Indonesia's retail sales, consumer survey point to bleak economic recovery

Retail sales in Southeast Asia’s largest economy fell 12.3 percent from a year earlier, a smal...
Experts urge BI to have exit strategy from burden-sharing scheme as risks loom
Business 1 week ago

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Experts urge BI to have exit strategy from burden-sharing scheme as risks loom

Under the scheme, the central bank is to buy up to $28 billion in government bonds while shouldering...
Protecting BI’s independence
Editorial 1 week ago

Protecting BI’s independence

The monetary board that the House is proposing in its amendment to the BI Law marks a major setback ...
Indonesia’s debt jumps as government ramps up virus spending
Business 2 weeks ago

Indonesia’s debt jumps as government ramps up virus spending

The country’s debt-to-gross domestic product (GDP) ratio rose to 34.53 percent as of August, a...
Sri Mulyani vows to uphold BI independence amid House-led legal reform
Business 2 weeks ago

Sri Mulyani vows to uphold BI independence amid House-led legal reform

The Finance Minister has vowed to uphold central bank independence and macroprudential capacity...
Indonesia’s forex reserves hit record high in August
Business 2 weeks ago

Indonesia’s forex reserves hit record high in August

The nation’s forex reserves rose by US$1.9 billion to $137 billion, surpassing the previous re...
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks
Business 2 weeks ago

PREMIUM
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks

In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed ...
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