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Indonesia sees rise in inflation amidst Ramadhan | Borneo Bulletin Online

ANN/THE JAKARTA POST – Inflation surged to 3.05 per cent year-on-year (yoy) in March, driven by increased food prices during Ramadhan, as reported by Statistics Indonesia (BPS). This is the first time since September last year that inflation has exceeded three per cent, although it remains within Bank Indonesiaโ€™s (BI) target range of 1.5 to […]
Jawa Tengah Jawa Timur Jakarta Raya Josua Pardede Amalia Adininggar Widyasanti Hari Raya

Indonesia expects to see foreign inflows following Prabowo's one-round win - Asia News NetworkAsia News Network

Indonesia expects to see foreign inflows following Prabowoโ€™s one-round win Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
East Kalimantan Kalimantan Timur Jawa Timur Jawa Barat Jawa Tengah United States

Indonesia's economy likely to have grown 5% in Q4: Reuters poll

Indonesia's economy grew 5.0% in the fourth quarter from a year earlier, supported by resilient domestic consumption, despite exports shrinking and commodity prices falling, a Reuters poll of 23 economists found. Growth in Southeast Asia's largest economy was mostly driven by private consumption which remains strong against a cumulative 250 basis points of interest rate hikes by Bank Indonesia since August 2022. "The current policy rate is not tight enough to hinder economic gro...
Veronica Dudei Maia Khongwir Devayani Sathyan Angus Macswan Bank Indonesia Bank Danamon Veronica Dudei Maia
Source: yahoo.com

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Indonesia central bank keeps rates unchanged, to be patient on easing

JAKARTA : Indonesia's central bank kept policy rates steady on Wednesday to stabilise the rupiah and keep inflation within target, but said it would be patient over its next moves, with room to cut rates dependent on the currency. Bank Indonesia (BI) left unchanged its benchmark 7-day reverse repurchase r
Jakarta Raya Perry Warjiyo Radhika Rao Bank Indonesia Bank Danamon Governor Perry Warjiyo

Bank Indonesia sees no rate change until second half of 2024, but keeps open mind to cutting sooner

Bank Indonesia sees no rate change until second half of 2024, but keeps open mind to cutting sooner Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
United States Jakarta Raya Josua Pardede Perry Warjiyo Bank Danamon Bank Indonesia

Bank Indonesia raises interest rates amid global uncertainty

ANN/THE JAKARTA POST – Bank Indonesia (BI) made a significant move by raising its benchmark interest rates by 25 basis points (bps) amid global uncertainties, even as the country experienced a consistent decline in inflation throughout the year. BI Governor Perry Warjiyo clarified the decision, emphasising that the increase in borrowing costs serves as a […]
Jakarta Raya United States Perry Warjiyo Josua Pardede Bank Indonesia Governor Perry Warjiyo Bank Permata

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