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rate

Business 7 years ago

Bank Indonesia holds key rate at 6 percent

Bank Indonesia maintained its key rate on Thursday as BI Governor Perry Warjiyo said the central bank’s reference rate had approached its peak.

Business 7 years ago

Rate nears peak, BI governor says

Bank Indonesia (BI) Governor Perry Warjiyo said on Wednesday that the central bank’s policy rate was nearing its peak after a series of aggressive hikes last year to make the rupiah more stable.

City 7 years ago

Bekasi unemployment exceeds national rate

The Bekasi administration plans to create 150,000 jobs in five years.

Business 7 years ago

Bappenas says 9.4m jobs created under Jokowi

The National Development Planning minister said on Thursday that about 9.4 million jobs had been created under the leadership of President Joko “Jokowi” Widodo, of which 2.99 million were created this year.

Business 7 years ago

No strong reason for BI to increase key rate next month: CORE

Center of Reform on Economics (Core) Indonesia research director Piter Abdullah has said there is no strong reason for Bank Indonesia (BI) to increase its benchmark seven-day reserve repo rate during the ongoing board of governors meeting.

Business 7 years ago

Soekarno-Hatta named second most connected airport in Asia-Pacific

OAG, an air travel intelligence company based in the United Kingdom, named Soekarno-Hatta International Airport the second most connected airport in the Asia-Pacific.

Business 7 years ago

Bank Indonesia raises key rate by 25 bps to 5.5 percent

Bank Indonesia (BI) raised its key rate on Wednesday in a move to maintain the competitiveness of the domestic financial market and to rein in swelling deficit in the current account.

Business 7 years ago

BCA to raise time deposit rate by another 0.25 percentage points

Private lender Bank Central Asia (BCA) plans to increase its time deposit interest rate by 0.25 percentage points next month in adjustment to Bank Indonesia’s (BI) increasing benchmark rate.

Business 7 years ago

Bank Indonesia holds key rate at 5.25 percent

Bank Indonesia (BI) decided to hold its key rate in July as it remained confident that the current rate is still attractive to foreign investors amid uncertainties in the global liquidity market.