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...
The Number of MSMEs Reaches 8.71 Million, Becomes the Best Actor...
Micro, Small, and Medium Enterprises, or MSMEs, have played a major role in the post-Covid-19 economic recovery in Indonesia, which is going very well....
BI Reveals 2 Sectors Supporting Indonesia’s Economic Growth in 2023
Bank Indonesia estimates that Indonesia's economic growth will remain strong this year. The two sectors that have become the main pillars of this growth...