Jakarta (ANTARA) – Deputy Governor of Bank Indonesia (BI) Filianingsih Hendarta has said that digital economy and finance have become vital for achieving sustainable and inclusive economic growth. “Inclusive digital economy and finance acceleration will result in equal access to economic opportunities and participation. If managed well, we believe digital innovation can become a new source of […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia stated that rupiah redenomination or simplifying the number of digits in the rupiah, such as from Rp1,000 to Rp1, has been prepared for a long time. The country’s central bank Governor Perry Warjiyo claimed that Bank Indonesia is ready to carry out the plan. Perry explained that he had paid attention to the […]
Read MoreJAKARTA : Economists surveyed in a Reuters poll expect Indonesia’s May trade surplus to shrink from the previous month, following a decline in exports because of weakening commodity prices. The median expectation of the 19 economists was for the trade surplus in Southeast Asia’s biggest economy to fall to $3.02 billion from $3.94 billion in […]
Read MoreJakarta. Bank Indonesia said Tuesday that retail sales grew in May as reflected in the Real Sales Index (RSI) which stood at 234.2, up slightly by 0.02 percent year-on-year. Bank Indonesia spokesman Erwin Haryono said the positive performance of retail sales was driven by the food, beverage, and tobacco group, as well as the apparel subgroup, […]
Read MoreJakarta. A Bank Indonesia survey recently revealed that the country’s consumer confidence index or CCI has risen to 128.3 points in May, up by 2.2 points from April’s 126.1. The central bank attributed the stronger consumer confidence to the also increasing current economic condition index (CECI) and consumer expectation index (CEI). Bank Indonesia data shows that CECI […]
Read MoreJAKARTA: Inflation has dropped to the lowest level in 12 months and is now back within Bank Indonesia’s (BI) target range, yet a swift reduction of interest rates is not expected. Analysts believe currency volatility and a lack of clarity about the monetary policy of the United States Federal Reserve (Fed) will deter BI from […]
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