#local currency

Collection of local currency news, found 153 news.

BI to push payment digitalization to advance economy

Accelerating the payment system digitalization will be among Bank Indonesia's (BI's) strategies and policies ...

Techtronic Industries Delivers Solid 2022 Annual Results

- Global power equipment and floorcare & cleaning company Techtronic Industries Co. Ltd. (“TTI” or the “Group”) ...

Digital entrepreneurship crucial to expedite economic growth: Minister

Digital economy, with focus toward digital entrepreneurship, became a crucial factor in accelerating economic growth, ...

American Express Travel’s 2023 Trending Destinations unveils top trips for every type of traveler

American Express Travel, today, published the 2023 Trending Destinations list1, featuring the ten most popular ...

News Focus

Indonesia strives to expand coverage of digitalization of MSMEs

Indonesia has over 65 million micro, small, and medium enterprises (MSMEs) capable of producing competitive products, ...

Nearly 25 million users connected to QRIS, BI-FAST: BI

So far, nearly 25 million users have joined national digital platforms Quick Response Code Indonesian Standard (QRIS) ...

QRIS' interconnectedness must facilitate MSMEs, tourism sector: Jokowi

President Joko Widodo (Jokowi) emphasized that the Quick Response Code Indonesia Standard (QRIS) service connecting ...

QRIS full integration in Thailand begins today: Bank Indonesia

Indonesia's integrated QR code payment system QRIS (Quick Response Code Indonesian Standard) has been fully ...

Indonesian economy expected to grow 4.75% in Q2: expert

Economist and director of the Center for Economic and Law Studies (Celios), Bhima Yudhistira, has forecast that ...

Cross-border payments still posing challenge: BI

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

Middle class constitutes 84 percent of global population by 2045

The middle class will constitute 84 percent of the world's population that will reach 9.45 billion by 2045, ...

Cross-border QR code bolsters financial integration in ASEAN region

An integrated cross-border Quick Response (QR) Code will help boost financial integration in the ASEAN region, Deputy ...

BI keeps benchmark rate unchanged at 3.5%

Bank Indonesia's (BI) board of governors decided to keep the central bank's benchmark rate, the BI 7-Day ...

Indonesia and China renew bilateral currency swap arrangement

Bank Indonesia (BI) and China's central bank, the People's Bank of China (POBC), renewed the Bilateral Currency ...

Indonesia strengthens cooperation on economic recovery with Singapore

President Joko Widodo (Jokowi) and Singaporean Prime Minister Lee Hsien Loong held a retreat meeting in Bintan, Riau ...