News Indonesia: Bank Indonesia Defies Market Expectations With Rate Hold
Indonesia’s central bank unexpectedly held interest rates steady on Wednesday as it assessed the effects of previous tightening moves.
News Indonesia: Indonesia central bank keeps rates unchanged, defying hike expectations
JAKARTA, July 22 (Reuters) - Indonesia's central bank kept policy rates unchanged on Wednesday, defying market expectations of another rate hike following back-to-back increases aimed at shoring up the rupiah currency. Bank Indonesia left the 7-day reverse repurchase rate unchanged at 5.75%. Twenty of 33 economists polled by Reuters had expected another 25 basis point hike, while the rest had
News Indonesia: Bank Indonesia keeps rates unchanged, offers incentives to attract inflows
By Gayatri Suroyo and Fransiska Nangoy JAKARTA, July 22 (Reuters) - Indonesia's central bank kept policy rates unchanged on Wednesday, defying market expectations of another rate hike following back-to-back increases aimed at supporting the rupiah currency, but it offered new incentives to attract foreign capital inflow. Bank Indonesia left the 7-day reverse repurchase rate unchanged at 5.75%.
News Indonesia: Indonesia eyes launch of national electric motorcycle
JAKARTA: Indonesia is set to launch a national electric motorcycle as part of efforts to develop homegrown vehicles, with plans also in place to produce a national car.
News Indonesia: Indonesia Central Bank says it is monitoring banking liquidity
JAKARTA, July 17 (Reuters) - Indonesia's central bank on Friday said it was monitoring the distribution of liquidity in banks to ensure lenders have a liquidity level that supports stability as well as economic growth. • The overnight interbank rate INDONIA has fallen to 6.17% as of Thursday, from 6.62% in June 2026, reflecting lessening bids in the interbank market, Bank Indonesia's senior
News Indonesia: Indonesia’s President Prabowo set for Iran visit as Jakarta accepts invitation
JAKARTA: Indonesia has accepted an invitation from the Iranian government for President Prabowo Subianto to visit Tehran. The Foreign Ministry confirmed on Tuesday, adding that preparations are underw ...
News Indonesia: S&P maintains Indonesia credit rating, saying fiscal strains could be temporary
JAKARTA, July 13 (Reuters) - Credit ratings agency S&P affirmed Indonesia's BBB/A-2 sovereign credit ratings on Monday, saying recent fiscal strains should be temporary and could be offset by stronger commodities prices and spending cuts. Fellow ratings agencies Moody's and Fitch cut their debt rating outlooks for Indonesia to negative in February and March respectively, citing reduced
News Indonesia: Following Indonesia’s culinary journey from spice routes to global tables
Long before modern tourism emerged in Indonesia, the archipelago drew merchants and travelers from across Asia, the Middle East, and Europe in search of cloves, nutmeg, pepper, and other prized spices, creating centuries of cultural exchange that shaped the countryâs diverse culinary heritage.
News Indonesia: Even a Neutral Indonesia Could Get Dragged Into a China-US War
Indonesia is strategically located in Southeast Asia, with a vast archipelago stretching between the Indian and Pacific Oceans. Its location makes it a critical maritime hub, connecting major shipping ...
News Indonesia: An Ancient Indonesian Music Tradition Gets an Electronic Update
On select nights, visitors are invited to enter the former warehouse and sit or lie at the center of the Gamelatron as the mallets strike the bronze instruments, filling the 20-by-20-foot space and ...
News Indonesia: Indonesia bans e-commerce transactions on social media in major blow to TikTok
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asiaâs biggest economy to boost its e-commerce business.
News Indonesia: PERMIAS hosts annual Indonesian Culture Festival
The Indonesian Students Association hosted the event in the Michigan League aiming to highlight diversity within Indonesia's culture.
News Indonesia: Two earthquakes strike eastern Indonesia on Sunday (March 29), says BKMG
Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG), added no damage or casualties were reported and no risk of tsunami in either incident.
News Indonesia: Indonesia earthquake kills 1, triggers tsunami waves
Indonesia’s meteorology agency BMKG said tsunami waves were reported in five locations, the highest at 0.75 metre (2.46 feet) in North Minahasa in North Sulawesi and about 50 ...
News Indonesia: Illegal mining fuels social conflict in Indonesian tin hub of Bangka-Belitung
BANGKA BELITUNG, Indonesia — A conflict that flared up at the start of the year between traditional fishers and illegal miners in Indonesia’s Bangka-Belitung Islands has once again highlighted the social tensions that have long gripped one of the richest tin-mining regions in the world. The incident was sparked by social media posts uploaded by […]
News Indonesia: Pelita Air Charter Plane Crashes in North Kalimantan, Killing Pilot
TEMPO.CO, Jakarta - An Air Tractor AT-802 operated by Pelita Air Service crashed in the mountainous area of Pabetung Remayo, East Krayan District, Nunukan Regency, North Kalimantan, on Thursday, ...
News Indonesia: Could liberating education be the solution to Indonesia’s democratic backsliding?
On 22 April 2024, Indonesia’s Constitutional Court concluded the presidential election by dismissing all lawsuits led by Prabowo Subianto’s rivals alleging fraud — paving the way for Prabowo and legitimising...
News Indonesia: Indonesia's government directs education funds to meals program as teachers struggle on low wages
Temporary teachers in Indonesia paid low wages criticise a government decision to direct one third of yearly education funding to the president's flagship free meals program.
