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WEBFinancial market, policy, event, macroeconomic, and corporate news from Indonesia
GLOBAL MARKETS-US Stocks Mixed, Dollar Weak on Rate Cut …
WEB7 hours ago · GLOBAL MARKET - NEW YORK/LONDON. Major stock indexes were mixed at the New York open on Monday and the dollar stayed soft against its global peers as all eyes looked to a Federal Reserve meeting later this week that is expected to usher in a hotly-anticipated easing cycle. Expectations have grown that the …
Indonesia Sees First Annual Current Account Surplus in a Decade
WEBFeb 18, 2022 · Indonesia booked a current account surplus for the first time in a decade in 2021, data showed on Friday, but its balance of payments came under pressure in the final quarter due to bond market outflows and higher imports. Bank Indonesia (BI) data showed Southeast Asia's largest economy recorded a $3.3 billion current account surplus last year ...
Indonesian Leader Spends Final Weeks of His Term in Unfinished …
WEB4 days ago · Indonesian President Joko Widodo will from Thursday spend the final weeks of his term in the country's planned new capital, Nusantara, amid doubts about the continued pace of development of his flagship $32 billion megaproject. The massive infrastructure undertaking on the island of Borneo has suffered a series of setbacks, including ...
English - PT. Kontan Grahanusa Mediatama
WEBPolitical Pressure Mounts on Biden to Attack Iran After Death of US Soldier. January 29, 2024, 11.27 PM.
Indonesia Central Bank has Intervened in Forex Market, Official Says
WEBJul 26, 2024 · FOREX - JAKARTA. Indonesia's central bank has intervened in the foreign exchange market on Friday, a senior official said, as rupiah weakened to its lowest level against the U.S. dollar in more than two weeks. The head of Bank Indonesia's (BI) monetary department, Edi Susianto, told Reuters the depreciation was due to …
Indonesia Reviews Import Rules After Business Group Complaints
WEBApr 5, 2024 · IMPORT - JAKARTA. Indonesia is evaluating regulations designed to curb imports of more than 3,000 products, a senior trade ministry official said on Friday, following industry concerns the rules could disrupt the domestic supply chain and disrupt exports. Southeast Asia's biggest economy issued a regulation late last year to tighten monitoring ...
Indonesia Central Bank Keeps Rates Steady, Focuses on Stabilizing …
WEBAug 21, 2024 · Indonesia's central bank on Wednesday held interest rates steady, as expected, preferring to focus on stabilizing the rupiah before possibly easing rates later this year. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25%, where it has been since April, as expected by all 30 economists polled by Reuters.
Indonesian President Unveils Measures to Support Economy
WEBOct 25, 2023 · MACROECONOMICS - JAKARTA. Indonesia's President Joko Widodo launched measures on Tuesday to support growth in Southeast Asia's largest economy, after assuring businesses that the rupiah's recent rate …
Indonesia Proposes 2025 Budget Targeting Narrower Deficit
WEBAug 16, 2024 · Indonesia's outgoing government submitted a 2025 budget plan to parliament on Friday targeting a narrower deficit than this year, which analysts said signalled Southeast Asia's largest economy would remain fiscally prudent under its next president. The budget proposal worth 3,613.1 trillion rupiah ($230 billion), prepared by ministers under ...