The Banking Credit in January 2023 Grows but Slows Down
Bank Indonesia, the central bank of Indonesia, has reported that banking credit grew by 10.2% year-on-year to reach Rp6,284.6 trillion in January 2023. Compared...
Indonesia’s Manufacturing Sector Expands Despite Contractions in Other G20 Countries
Sri Mulyani Indrawati, the Minister of Finance, has announced that Indonesia's Manufacturing Purchasing Managers' Index (PMI) continued to expand at the beginning of the...
International Market Turmoil Eased, Capital Inflow Still Slightly Restrained
The international financial market, which has contributed to high uncertainty, is now starting to subside. However, Minister of Finance Sri Mulyani Indrawati revealed that...
Capital Outflow Reaches IDR 4.62 Trillion This Week, What Signs?
The flow of foreign capital out of the Indonesian financial market, or capital outflow, reached IDR 4.62 trillion this week. Bank Indonesia (BI) said...
The Economy Improves, Household Credit Gradually Increases
Indonesia's economy is showing a good recovery like before the Covid-19 pandemic. The improving economy has also boosted the credit financing sector. The Banking...
Bank Indonesia Holds Benchmark Interest Rate at 5.75%
Bank Indonesia (BI) announced that they were holding the benchmark interest rate or the BI 7-Day Reverse Repo Rate (BI7DRR) at 5.75 percent. BI...
Superb! Indonesia’s Trade Balance Records 33 Months Consecutive Surplus
Great news came from the trade sector. The Central Statistics Agency (BPS) noted that the January 2023 trade balance recorded a surplus of US$...
Jakarta’s Economy Is Predicted to Grow by 6.4% in 2024
It is unlikely that the relocation of the capital to East Kalimantan will significantly affect Jakarta's economy. Jakarta's economic growth is even projected to...
Indonesia’s External Debt in Quarter IV-2022 Remains Under Control
At the end of the fourth quarter of 2022, Indonesia's external debt (ULN) was recorded at US$396.8 billion. According to Bank Indonesia (BI), this...
Motorcycle Sales at the Beginning of This Year Soared 37%
Post-pandemic economic recovery can be seen in various sectors, one of which is the automotive sector. Motorcycle sales in January 2023 were recorded at...
