BI encourages non-cash transactions during Covid-19 pandemic
24 Mar 2020 16:30
Bank Indonesia has asked the public to shift to non-cash transactions during the coronavirus disease (Covid-19) pandemic.
G20 countries urged to provide fiscal stimuli to tackle Covid-19 impact
24 Mar 2020 15:32
G20 member countries have been urged to provide significant fiscal stimuli to tackle the economic impact of the coronavirus disease (Covid-19) pandemic, said Bank Indonesia (BI) Governor Perry Warjiyo.
Anti-Dumping Committee starts investigation on Chinese imported lysine
24 Mar 2020 12:26
The Indonesian Anti-Dumping Committee (KADI) has started an investigation on imported lysine from China, said KADI Chairman Bachrul Chairi.
Plaza Indonesia shopping centre closed until April 3
24 Mar 2020 11:16
PT Plaza Indonesia Realty Tbk (PLIN) will close Plaza Indonesia shopping centre from March 25 to April 3, 2020 in the light of the coronavirus (Covid-19) outbreak.
Garuda CEO: ‘Impossible’ to default on US$500 million debt
24 Mar 2020 11:07
PT Garuda Indonesia (Persero) Tbk (GIAA) will not default on its US$500 million notes due on June 3, 2020 and is currently discussing refinancing options with several local and foreign banks, said CEO Irfan Setiaputra.
Balance of Payments predicted to remain adequate despite lower foreign capital inflow
20 Mar 2020 14:45
Bank Indonesia (BI) estimates that Indonesia's Balance of Payments (BOP) in the first quarter of 2020 will continue to improve despite a decrease in foreign capital amid the coronavirus disease (Covid-19) disease.
BI predicts global economic growth could slide to 2.50%
19 Mar 2020 16:05
With downward risks remaining large, Bank Indonesia predicts that global economic growth in 2020 could drop to 2.5%, lower than the 2019 economic growth of 2.9%
BI prepares seven measures to maintain economic growth amid Covid-19 outbreak
19 Mar 2020 15:30
Bank Indonesia (BI) has prepared seven measures to boost the momentum of economic growth as part of the government's efforts to mitigate the risk of the spread of the coronavirus disease (Covid-19).
BI slashes rates to 4.5% to mitigate Covid-19 risks
19 Mar 2020 15:10
The Bank Indonesia (BI) Board of Governors’ Meeting on March 18-19, 2020 has decided to lower the BI 7-Day Reverse Repo Rate by 25 basis points (bps) to 4.5%.
BI lowers Indonesia's economic growth forecast to 4.2%-4.6%
19 Mar 2020 15:08
Bank Indonesia has revised its forecast for Indonesia's economic growth in 2020 from 5.0%-5.4% to 4.2%-4.6%