Tuesday, July 16, 2019

Inflation

Inflation

Bank Indonesia Hikes Key Interest Rate to Boost Fragile Rupiah

Jakarta -- Indonesia's central bank on Thursday (17/05) hiked its benchmark interest rate for the first time since November 2014, as expected, in a...

IMF Not Very Concerned About FX Pressure in Indonesia, Philippines

Hong Kong -- The International Monetary Fund is not too worried about the recent selling pressure on assets in Indonesia and the Philippines as...

Will You Lose Your Job in a Few Years After Disruptive Technology Takes Hold?

Manila -- Many have predicted that millions of jobs are in line to become extinct in the next two decades due to automation, but...

Weak consumption may keep Indonesia from raising rates just yet

Jakarta -- Indonesia's central bank said it won't hesitate to raise interest rates to stabilize the rupiah, but that plan faces a hurdle in...

Indonesia to focus on investment projects in Java this year: Top official

Jakarta -- Investment Coordinating Board (BPKM) head Thomas Lembong says the government will prioritize investment, including in mega projects in Java, to achieve the...

Foreign Direct Investment in Indonesia Picks Up in Q1

Jakarta -- Foreign direct investment in Indonesia grew at a slightly faster pace in the first quarter of 2018, but the investment coordinating board...

Jokowi upbeat about economic fundamentals

Jakarta -- President Joko Widodo (Jokowi) expressed his faith Indonesia's macro-economic fundamentals, saying they remained sound amid increasing external pressures on the rupiah. "I...

Indonesia Demands More Answers From Facebook on Data Misuse

Jakarta -- Indonesia has given Facebook a week to provide more information on how personal data of about one million of its citizens was...

Sri Mulyani named Asia’s best finance minister

Jakarta -- After being awarded as the Best Minister just two months ago, Sri Mulyani Indrawati has bagged another award as Finance Minister of...

Bank Indonesia Says Rupiah Is ‘Overshot’

Jakarta -- Bank Indonesia considers a suitable level for the rupiah against the United States dollar within the 13,200 to 13,300 range, a senior...

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