#financial system

Collection of financial system news, found 485 news.

Government disburses Rp52.57 trillion to 12 SOEs for economic recovery

The government disbursed funds amounting to Rp52.57 trillion to 12 state-owned enterprises (SOEs) to expedite the ...

COVID-19 handling costs total Rp677.2 trillion: Minister Indrawati

Total costs incurred by the government to tackle the COVID-19 pandemic in Indonesia reached Rp677.2 trillion, according ...

BI keeps benchmark rate unchanged at 4.5%

Bank Indonesia (BI) has decided to keep the 7-Day Reverse Repo Rate unchanged at 4.5 percent after a meeting of its ...

Indonesia's forex reserves surge to US$127.9 billion in April 2020

Indonesia's foreign exchange reserves swelled to US$127.9 billion at April-end of 2020, from US$121 billion a month ...

House of Representatives backs government regulation on COVID-19

The House of Representatives' Budget Committee has voiced its support for the Government Regulation in Lieu of the ...

CoinEx announces global strategic partnership with Matrixport to provide over-the-counter service

- CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global ...

Labor-intensive program to help maintain rural economic growth

Expansion of the labor-intensive program is projected to compensate for the impact of economic slowdown in rural areas ...

Opinion

Media and politicians' lust: fuel of outrages on pandemic stage

 *Novianta Hutagalung, International Coach Faculty, Consultant and Facilitator of various organizations **H. ...

Indonesia's economy estimated to grow at 4.5-5.5 percent in 2021

The government has projected Indonesia’s economy in 2021 to grow in the range of 4.5 to 5.5 percent, with ...

Indonesia's foreign exchange reserves in March plunge US$9.4 billion

Indonesia's official reserve assets stood at US$121 billion, as of March-end 2020, $9.4 billion lower, from the ...

BI supports the issuance of Perppu No.1 of 2020

Bank Indonesia (BI) supports the issuance of Government Regulation in Lieu of Law (Perppu) No.1 of 2020 as a relaxation ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

BI lowers economic growth projection for 2020 to 4.2-4.6 percent

Indonesia’s central bank trimmed its economic growth forecast for 2020 to 4.2-4.6 percent, from the earlier ...

BI to intensify digitalization of MSME payment system

Bank Indonesia (BI) will boost digitalization of the payment system for Micro, Small and Medium Enterprises (MSMEs) ...

Indonesia's foreign exchange reserves at US$130.4 billion in February

Indonesia's foreign exchange reserves at the end of February 2020 were recorded at US$130.4 billion, or stayed high ...