#global economy

Collection of global economy news, found 1.158 news.

Inflation may exceed target if fuel price raised : Central bank

The Bank Indonesia (BI) warned on Thursday that the country`s inflation rate might outstrip its inflation target of ...

BI rate cut not just to reduce money`s cost

Bank Indonesia (BI) lowered its benchmark rate by another 25 basis points to 5.75 percent last Thursday (Feb 9) while ...

BI Rate lowering triggers rupiah to weaken

The central bank`s decision to lower the BI Rate to 5.75 percent triggered a weakening of the Rupiah exchange rate to ...

Central bank lowers rate by 25 basis points

The central bank lowered its reference rate, the BI Rate, by 25 basis points from 6.0 to 5.75 percent on Thursday. ...

RI`s forex reserves reach $112 bln in January

Indonesia`s foreign exchange reserves as of January 31, 2012 stood at US$112 billion, enough to finance imports and ...

N Sulawesi exports coconut flour to Finland

North Sulawesi exported 12.7 tons of coconut flour to Finland in early February resulting in foreign exchange earnings ...

Iran Minister: EU embargo on Iran`s oil to affect world economy

European sanctions against Iran's oil exports will affect world economy and hurt European and non-European countries, ...

Foreign investment in 2012 predicted at 19.2 billion US dollars

Bank Indonesia has estimated that foreign investment (PMA) in 2012 would continue to increase due to the improved ...

BI keeps key rate at 6 pct

Bank Indonesia (the central bank/BI) at its meeting of board of governors on Thursday decided to maintain its key ...

President Yudhoyono leads meeting on Christmas, New Year security

President Susilo Bambang Yudhoyono led a cabinet meeting on Tuesday afternoon to discuss a wide range of issues, ...

BI rate maintained at 6.0 percent

Bank Indonesia (BI or the central bank) decided on Thursday to maintain its overnight benchmark rate or better known ...

Indonesia ready to face global crisis in 2012

Having prepared itself by taking anticipatory steps in the economic field over the past several months, Indonesia ...

BI revises down economic growth forecast to below 6.5 pct

Bank Indonesia (BI) has revised down its forecast on the country`s economic growth to below 6.5 percent due to a ...

RI calls for creative economy development

ASEAN leaders on Thursday in Bali signed a Bali Concord III declaration which among others contained three ASEAN ...

Leaders advised not become passive onlookers amid world devel

President Susilo Bambang Yudhoyono called on the leaders of ASEAN member countries not to be passive onlookers in the ...