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Economy 2 months ago
PREMIUM
BREAKING: BI Governor Perry Warjiyo resigns
Perry's departure comes just weeks after BI aggressively tightened monetary policy, raising its benchmark interest rate by a cumulative one percentage point to 5.75 percent through three hikes in the span of four weeks during May and June.
Academia 2 months ago
PREMIUM
Policy discipline needed to tackle economic pressure points
Global central banks are facing a high-stakes balancing act as surging public debt, supply shocks and AI-driven market speculation threaten long-term price stability. To prevent economic contagion, policymakers must take decisive action before these deep financial fault lines reach a critical tipping point.
Economy 5 months ago
PREMIUM
IMF, global investors see Indonesia as bright spot, BI says
The International Monetary Fund and foreign investors see Indonesia as one of the world’s “bright spots” with strong economic fundamentals and resilience, despite the country’s vulnerability to global economic turmoil, according to Bank Indonesia.
Economy 5 months ago
From oil shock to global financial market shift
Due to the reemergence of oil prices as a key determinant amid the Iran war, monetary authorities facing renewed inflation risks are becoming less likely to cut interest rates, keeping global borrowing costs elevated and tightening financial conditions across both advanced and emerging economies.
Economy 6 months ago
Australia central bank hikes rates in tight call as Iran war stokes inflation risk
Australia's central bank raised its cash rate for a second straight month on Tuesday, saying higher borrowing costs were needed to contain inflation, though a very tight vote suggested further tightening is far from certain.
Economy 7 months ago
PREMIUM
Ex-BI deputy replaces Tommy as deputy finance minister
In what appears to be a coordinated role swap, the President has appointed a former BI deputy governor to fill the deputy finance minister post left vacant by his nephew Tommy Djiwandono, who is set to take up his new job as BI deputy governor.
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