#financial system

Collection of financial system news, found 476 news.

BI developing Digital ID for platform data storage

Bank Indonesia (BI) is developing a Digital ID to support national data storage for its digital platform, which is one ...

E-catalogs of local products must be accessible to government: Jokowi

President Joko Widodo (Jokowi) has instructed his staff to ensure that the electronic catalogs (e-catalogs) of local ...

PC-PEN budget realization reaches Rp178.1 trillion

The realization of the COVID-19 Handling and National Economic Recovery (PC-PEN) Program budget has reached Rp178.1 ...

National market capitalization ratio at only 48 percent: Minister

National market capitalization ratio of 48 percent indicated that the scope of the domestic financial sector's ...

Govt to end PC-PEN budget allocation from 2022-end

The government is preparing to stop allocating the budget for COVID-19 handling and national economic recovery (PC-PEN) ...

Need climate action to tackle inflation: BI

Climate change is an important agenda that Indonesia needs to handle since it has a significant role in inflation, ...

BI, Reserve Bank of India strengthen collaboration on payments system

Bank Indonesia (BI) and the Reserve Bank of India (RBI) agreed to expand payments system cooperation and strengthen ...

News Focus

Efforts for digitizing national MSMEs

Bank of Indonesia (BI) recorded a spike in digital transaction users, reaching 21 million people in 2022, owing to a ...

G20 Indonesia

Cost of mitigating extreme weather could reach 40% of GDP: BI

The cost of mitigating the impacts of extreme weather could reach 40 percent of Indonesia’s gross domestic ...

Cross-border payments still posing challenge: BI

The implementation of cross-border payments is still posing several challenges, such as high costs, limited access ...

Expect digital currency to stoke capital market growth: BI

Deputy Governor of Bank Indonesia (BI) Doni Primanto Joewono said that he expects the central bank digital currency ...

BNI offers digital business solutions at 2022 Java Jazz Festival

State-owned Bank PT Bank Negara Indonesia Tbk (BNI) offers digital business solutions for millennial entrepreneurs at ...

Early detection is a crucial transformation in health system: Ministry

Strengthening early detection of a disease is a crucial transformation in Indonesia's health system, according to ...

Policy normalization will be done at appropriate time: BI

Bank Indonesia (BI) will carry out policy normalization or the exit strategy at the appropriate time, Senior Deputy ...

Encouraging mosques to become people's economic empowerment center

Street bazaars where beverages for iftar are usually sold are easy to find during the holy month of Ramadan as they ...