Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves dropped by US$1.8 billion in September to $135.2 billion, mainly due to the government's foreign debt payment

Yunindita Prasidya, Jakarta – The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulation in lieu of law (Perppu) on financial system reform m

Arnoldus Kristianus, Jakarta – The government has projected that Indonesia's debt to gross domestic product ratio, a gauge for the country's ability to pay off its debt, to increase to

Adrian Wail Akhlas, Jakarta – Indonesia is looking to raise Rp 5 trillion (US$337 million) from a new series of government retail bonds, the Finance Ministry announced on Tuesday, as it

Riska Rahman, Jakarta – State-owned banks have collectively disbursed Rp 88 trillion (US$5.94 billion) in working capital loans using funds placed in them by the government, with almost

Adrian Wail Akhlas, Jakarta – Indonesia's accumulated debt to fund the COVID-19 fight and falling tax revenue will weaken its "debt affordability" and may deteriorate its credit quality

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has decided to leave its interest rate unchanged to safeguard financial market stability as the current coronavirus-induced economic do

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Yunindita Prasidya and Riska Rahman, Jakarta – Indonesian stocks fell 5 percent on Thursday morning following the Jakarta administration's decision to retighten its restrictions, prompt

Yunindita Prasidya, Jakarta – The Indonesian stock market is likely to endure a selling spree by foreign investors until year-end as the global economic and political situations remain

Adrian Wail Akhlas, Jakarta – Indonesia's debt has risen significantly this year as the government has ramped up spending to rescue an economy battered by the coronavirus pandemic amid

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves soared to a record high in August mainly due to the government's foreign borrowing, proceeds from oil and gas

Norman Harsono and Yunindita Prasidya, Jakarta – Indonesian natural resource exporters are waiting to see what Bank Indonesia's (BI) recently announced plan to require the companies to

Adrian Wail Akhlas, Jakarta – The rupiah exchange rate fell significantly on Wednesday as investors worry about the independence of Bank Indonesia (BI) following a proposed bill that wo

Triyan Pangastuti, Jakarta – The House of Representatives has kicked off deliberation of a bill that would expand the mandate of Bank Indonesia, the country's central bank, and return b

Private television stations RCTI and iNews TV have recently come under fire for submitting a petition to the Constitutional Court calling for a judicial review of the Broadcasting Law t

Adrian Wail Akhlas, Jakarta – Indonesia's current account deficit (CAD) narrowed in the second quarter of the year as import demand fell and foreign ownership of government bonds declin

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose by the end of June as the government issued global sukuk and large amounts of sovereign debt papers (SBNs) sold to foreign i

Adrian Wail Akhlas, Jakarta – Indonesia raised another Rp 22 trillion (US$1.48 billion) on Tuesday from government bonds to fund the country's fiscal deficit and the costly fight again

Dion Bisara, Jakarta – Foreign lenders have acquired Indonesian banks at a record pace in the past 18 months, accelerating long-needed consolidation in the industry that would push it

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves increased to US$135.1 billion in July, the highest level ever, following the government's move to issue glob

Francisca Christy Rosana, Jakarta – Indonesia Stock Exchange (IDX) Commissioner Pandu Patria Sjahrir on Thursday said a large portion of Indonesians do not invest their funds in the st

Riska Rahman, Jakarta – Indonesia's bad loans ratio is expected to keep increasing until year-end as the economy has yet to fully recover from the adverse impact of the pandemic, econo

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) fell more than 2 percent on Monday after three months of a strong performance following the global stock market crash in March

Riska Rahman, Jakarta – Experts and a business player association are urging the newly established COVID-19 response team to re-evaluate the government's fiscal stimulus and boost its

Adrian Wail Akhlas, Jakarta – The government has guaranteed working capital loans worth Rp 100 trillion (US$6.92 billion) for labor-intensive businesses to speed up business recovery a

Riska Rahman, Jakarta – State-owned banks have collectively disbursed Rp 43.5 trillion (US$2.99 billion) in working capital loans using funding provided by the government, deputy State

Yunindita Prasidya, Jakarta – Indonesian banks face challenges with human resources as they strive to bolster digital banking during the global health crisis.

Adrian Wail Akhlas, Jakarta – The Indonesian Deposit Insurance Corporation (LPS) says it is ready to place funds in banks that have liquidity problems by teaming up with the Financial

Yunindita Prasidya, Jakarta – False trading and stock price manipulation were among the most common violations found in the Indonesia Stock Exchange (IDX), according to the Financial S

Adrian Wail Akhlas and Marchio Irfan Gorbiano, Jakarta – The Supreme Audit Agency (BPK) has given the 2019 central government's financial report an unqualified opinion (WTP), the best

Rainer Heufers – Governments around the world have been borrowing money during the COVID-19 crisis to fund programs to protect vulnerable citizens.

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose in May, driven mainly by foreign inflows to the country's debt market as the government issues more debt papers to fund the

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has cut its benchmark interest rate for the fourth time this year to bolster the recovery from the coronavirus pandemic, which has dea

Riska Rahman, CMS – The recent stock market crash may have spooked foreign investors out of Indonesia, but domestic investors have swarmed and dominated transactions in the country's e

Riska Rahman, Jakarta – The government has issued a regulation that gives the Indonesian Deposit Insurance Corporation (LPS) more room to manage its own liquidity and to prevent banks

Adrian Wail Akhlas, Jakarta – The government and Bank Indonesia (BI) agreed to a burden-sharing scheme worth Rp 574.59 trillion (US$39.7 billion) on Monday to finance the nation's COVI

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves increased to US$131.7 billion in June following the government's move to issue global sukuk (sharia complian

Riska Rahman and Marchio Irfan Gorbiano, Jakarta – Transferring the Financial Services Authority's (OJK) supervision over banking back to Bank Indonesia (BI) could cause investors to l

Adrian Wail Akhlas, Jakarta – Indonesia is running out of time to rescue its businesses from the impact of the coronavirus pandemic, and banks should immediately ramp up promised worki

Riska Rahman, Jakarta – The State-Owned Banks Association (Himbara) has expressed optimism that its bank members can disburse up to Rp 90 trillion (US$6.32 billion) in loans to help sm

Adrian Wail Akhlas, Jakarta – The government announced on Wednesday that it would place Rp 30 trillion (US$2.12 billion) in state-owned banks, associated under the auspices of Himbara,

Riska Rahman, Jakarta – The Cooperatives and Small and Medium Enterprises Ministry has suspended the licensing of new savings and loan cooperatives for three months following an appare

Francisca Christy Rosana, Jakarta – Deputy Minister of Finance Suahasil Nazara said that Indonesia was still paying debts inherited from the 1997-1998 financial crisis.

Adrian Wail Akhlas, Jakarta – Indonesia's debt will swell significantly next year as the government increases spending to help the country recover from the COVID-19 pandemic, an offici

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt growth accelerated in April, driven mainly by the government's issuance of sovereign debt papers (SBN) and global bonds to cover

Jakarta – Indonesian stocks plunged deep in the red on Friday morning following a market rout seen by Wall Street in Thursday's session as investors grew wary of a second wave of the c

Triyan Pangastuti, Jakarta – Indonesia's foreign exchange reserves swelled to $130.5 billion in May, up from $127.9 billion in April, as the government took out more loans from foreign

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$130.5 billion in May thanks to the government's new debt issuance and increased forex levels stor

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) expects the rupiah to strengthen even after the currency returned to levels seen before the COVID-19 crisis, as foreign investors make