JAKARTA (XINHUA) – Indonesia’s annual inflation rate has risen by 2.18 per cent in January, the highest since May 2020, as household gas prices grew and interbank transfer fees fell, Statistics Indonesia (BPS) said yesterday. The consumer price index (CPI) in the Southeast Asian country rose by 0.56 per cent from December last year, according […]
Read More[JAKARTA] Indonesia’s holiday island of Bali will gradually open for all international travellers from Feb 4, a senior minister said on Monday. Luhut Pandjaitan also told a news conference that the period of time for coronavirus quarantine for fully vaccinated travellers into the South-east Asian country had been shortened from seven to five days. REUTERS
Read MoreIndonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. The official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official post also quoted the chairman Wimboh […]
Read MoreIndonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investment this year, the country’s Investment Minister Bahlil Lahadalia has said. Jakarta (VNA) – Indonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investment this year, the country’s Investment Minister Bahlil Lahadalia has said. Experiences in 2020 and 2021, new regulations enacted by the Law […]
Read MoreIndonesia has imposed a rule starting on January 27 for a mandatory portion of palm oil to be sold domestically at a maximum price of 9,300 rupiah (0.6465 USD) per kg for crude palm oil and 10,300 rupiah per kg for olein, according to Indonesian Trade Minister Muhammad Lutfi. Jakarta (VNA) – Indonesia has imposed a […]
Read MoreJAKARTA (CNA) – The International Monetary Fund (IMF) has recommended Bank Indonesia (BI) limit its 2022 direct purchases of government bonds to periods of market dysfunction, as Southeast Asia’s largest economy begins to unwind pandemic-era economic stimulus. In a report published on yesterday, the fund also recommended BI allow greater flexibility in the rupiah exchange […]
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