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Bank Indonesia Holds Interest Rates in May

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Strong economic fundamentals and the government's decision to increase the subsidy budget could provide more room for Bank Indonesia (BI) to hold interest rates....
electricity

PLN Speaks Up Regarding the Plan to Increase Electricity Tariffs

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The state company that manages the country's electricity, PT PLN (Persero), finally spoke about the government's plan to increase electricity tariffs. In particular, electricity...

Balinese Coffee Farmer Enters Global Market

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Recovery after the Covid-19 pandemic hit Indonesia is underway. Bali, one of the areas most affected by the pandemic from an economic point of...

These Giant Indonesia’s Projects Will Be Completed in 2024

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The Indonesian government continues to speed up several giant projects spread throughout Indonesia, especially in Java. Reportedly, the value of these projects reaches trillions...

Unlike the Fed, Bank Indonesia Will Still Hold Interest

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The need to accelerate growth and strong economic fundamentals have prompted Bank Indonesia (BI) to maintain its benchmark interest rate this month. This has made...

Government Gives Signal There Will Be Legal Trading Robots in Indonesia

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After previously the government was active in eradicating several illegal trading robots that disturbed the public, now there will be legal trading robots in...

The Government Conducts SBN Private Placement Again

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In the context of placing funds for the Voluntary Disclosure Program (PPS) or tax amnesty, the government will conduct a private placement transaction for...

Indonesia’s Foreign Exchange Reserves Decreased to Rp. 33 Trillion in Just One Month

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Bank Indonesia BI reported a decline in Indonesia's foreign exchange reserves in March 2022. There was a decrease of US$2.3 billion or Rp. 33.12...

Two Giant World Battery Companies Ready to Invest Rp. 215 Trillion in Indonesia

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Indonesia will welcome two giant battery companies in the world, namely LG Energy Solution and Contemporary Amperex Technology or CATL. They will pour their...

Throughout 2022, Several Negative Catalysts Made Indonesia’s Credit Default Swap Rate Even Worse

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Indonesia's credit default swap rate continues to increase throughout 2022. Several negative catalysts from the international community contributed to influencing the level of the...

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