indo02
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Official says Indonesia’s central bank to intervene in domestic NDF to boost liquidity

JAKARTA: Indonesia’s central bank will intervene in the domestic non-deliverable forward market to provide liquidity and maintain rupiah stability, a senior official said on Monday. Nanang Hendarsah, head of Bank Indonesia’s monetary management, said the “firm” intervention would be conducted through brokers. The rupiah weakened about 0.2 percent on the spot market to 14,200 per dollar in […]

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Indonesia: Govt upbeat over electric vehicle, but charging stations still rare to find

Industry players and experts have urged the government to ensure adequate infrastructure for electric vehicles (EV), including battery charging stations, before implementing a planned regulation that will speed up incentives for production. While the government has vowed to provide fiscal incentives for EVs, it should also prepare crucial infrastructure to support them, said Jongkie Sugiarto, […]

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Philippines: Indonesia’s Gojek partners with local fintech Coins.ph.

MANILA, Philippines — Gojek, Indonesia’s on-demand multi-service platform, has partnered with Philippine fintech company Coins.ph. As part of this collaboration, Gojek is making a substantial acquisition of shares to support Coins.ph in its rapid growth to meet the financial needs of all Filipinos. Gojek’s payments platform and the leading digital payments service in Indonesia Go-Pay […]

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