Indonesia’s inflation stays within central bank range in August JAKARTA: Indonesia’s annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official... Published 02 Sep, 2024 12:39pm
Business & Finance Indonesia economy fundamentally strong, says senior minister JAKARTA: Indonesia’s economy is fundamentally strong and growing beyond market expectations, its senior economic... Published 24 Jun, 2024 10:16am
Business & Finance Asian currencies: Indonesian rupiah at 4-year low BENGALURU: Asian currencies were subdued on Friday pressured by a firm dollar, with the Indonesian rupiah hitting a... Published 15 Jun, 2024 06:57am
Markets Indonesian rupiah hits 4-year low on resilient dollar Indonesia’s rupiah fell to a four-year low on Friday, pressured by a strong dollar even as the local central bank... Published 14 Jun, 2024 10:31am
Business & Finance Indonesia’s plunging rupiah twists the policy plot SINGAPORE/JAKARTA: Indonesia’s economy was primed for monetary easing later this year, but an unwelcome plunge in... Published 17 Apr, 2024 10:35am
Business & Finance Indonesia 2023 current account deficit at 0.1% of GDP JAKARTA: Indonesia’s current account swung to a deficit in 2023 on shrinking merchandise exports due to a slowing... Published 22 Feb, 2024 11:05am
Markets Asian FX steady BENGALURU: China stocks rose on Monday on the back of Lunar New Year travel spending data as trade resumed after the... Published 20 Feb, 2024 03:09am
Business & Finance Indonesia central bank to continue with FX intervention JAKARTA: Indonesia’s central bank will continue to intervene in the foreign exchange market when the rupiah comes... Published 30 Jan, 2024 10:24am
Business & Finance Indonesia’s FX reserves rise to $146.4bn at end-December JAKARTA: Indonesia’s foreign exchange reserves rose by $8.3 billion to $146.4 billion in December due to tax... Published 08 Jan, 2024 10:30am
Business & Finance Most Asian currencies extended gains BENGALURU: Most Asian equities extended gains on Friday, while currencies held onto to their recent rise following a... Published 16 Dec, 2023 05:49am
Markets Asian FX, stocks rangebound after US data rekindles interest rate woes Asian markets struggled for direction on Thursday in holiday-thin trade, with Malaysia’s ringgit and Indonesia’s... Published 23 Nov, 2023 11:48am
Markets Asian FX gains as markets await Fed rate verdict BENGALURU: The South Korean won and the Malaysian ringgit led gains in Asian currencies on Monday, with stocks mixed... Published 31 Oct, 2023 05:26am
World Explosion at hospital near Indonesia capital, bomb squad on location JAKARTA: An explosion occurred at a hospital near the Indonesian capital Jakarta on Thursday and a bomb squad had... Published 21 Sep, 2023 10:57am
Markets Asian currencies subdued ahead of a slew of central bank meetings Asian currencies were subdued on Monday in a week packed with central bank meetings in Indonesia and the Philippines... Published 18 Sep, 2023 09:56am
Markets Asia FX gains, Singapore dollar dips after central bank’s surprise hold The Singapore dollar fell on Friday after its central bank unexpectedly left its monetary policy settings unchanged,... Published 14 Apr, 2023 10:27am
Markets Bank Indonesia to hold rates steady at 5.75% through this year BENGALURU: Bank Indonesia will hold its key interest rate at 5.75% on Thursday and for the rest of this year,... Published 14 Mar, 2023 12:13pm
Markets Indonesia’s forex reserves rise to $140.3bn in February JAKARTA: Indonesia’s foreign exchange reserves increased by about $900 million to $140.3 billion in February, partly... Published 07 Mar, 2023 10:25am
Business & Finance Indonesia posts 2022 current account surplus on commodity boom JAKARTA: Indonesia booked a current account surplus of $13.2 billion in 2022, or 1% of gross domestic product, as... Published 20 Feb, 2023 12:40pm
Markets Bank Indonesia to hold rates at 5.75% in Feb after six straight increases BENGALURU: Bank Indonesia (BI) will leave its key interest rate unchanged at 5.75% on Thursday, attempting to mark... Published 14 Feb, 2023 10:10am
Business & Finance Indonesia central bank sees 2022 Q4 GDP growth at 4.81% JAKARTA: Indonesia’s economic growth in the fourth quarter of 2022 may have slowed to 4.81% on a yearly basis, from... Published 17 Jan, 2023 10:12am
Business & Finance Indonesia’s Dec inflation inches up to 5.51% y/y JAKARTA: Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the... Published 02 Jan, 2023 11:55am
Business & Finance Indonesia November inflation cools further but stays above target JAKARTA: Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth... Published 01 Dec, 2022 09:35am
Markets Indonesia central bank governor sees no need for aggressive monetary tightening JAKARTA: Indonesia’s central bank governor on Wednesday reiterated he sees no need for an aggressive monetary... Published 19 Oct, 2022 09:30am
Markets Indonesia’s forex reserves drop to $130.8bn at end-September JAKARTA: Indonesia’s foreign exchange reserves fell by $1.4 bln last month to $130.8 bln due to payments of foreign... Published 07 Oct, 2022 10:54am
Markets Indonesia central bank raises rates for 2nd straight meeting JAKARTA: Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to keep a... Published 22 Sep, 2022 12:50pm
Business & Finance Indonesia central bank will not hesitate to hike rate when inflation picks up-gov NUSA DUA: Indonesia central bank governor Perry Warjiyo said on Sunday when the country’s inflation starts picking... Published 17 Jul, 2022 10:39am
Business & Finance Indonesian economy maintains steady growth momentum in Q1 JAKARTA: An historic rise in commodity prices and relaxation of COVID-19 curbs helped Indonesia’s economy grow for a... Published 09 May, 2022 10:01am
Markets Asian currencies cautious ahead of key US inflation data Most Asian currencies took a cautious stance on Thursday as investors await key US inflation data for any clues on... Published 10 Feb, 2022 10:50am
Markets IMF recommends Indonesia central bank limit direct bond purchases in 2022 JAKARTA: The International Monetary Fund has recommended Bank Indonesia (BI) limit its 2022 direct purchases of... Published 26 Jan, 2022 01:47pm
Markets Bank Indonesia to hold rates until second half of 2022 despite hawkish Fed BENGALURU: Indonesia's central bank will wait until the second half of the year before raising rates to nurture... Published 18 Jan, 2022 10:45am
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature