The loss is predicted to grow exponentially as the weather becomes more extreme in the future. Jakarta (ANTARA) – The global demand for green finance has created an opportunity for Indonesia’s economic sectors, senior deputy governor of Bank Indonesia (BI), Destry Damayanti, said at an online discussion on Wednesday. “The opportunity comes from Indonesia’s vast […]
Read MoreUSD/IDR stays depressed near $14,330 while declining for the third consecutive day, down 0.14% intraday, ahead of Wednesday’s European session. Although broad US dollar weakness could be linked to the Indonesian rupiah (IDR) pair’s declines, firmer consumer sentiment data from Indonesia also favored the pair sellers of late. That said, the nation’s Consumer Confidence Index jumped to […]
Read MoreJakarta (ANTARA) – Head of the Fiscal Policy Office (BKF) of the Finance Ministry, Febrio Kacaribu, has said that the increase in Indonesia’s debt ratio amid the COVID-19 pandemic has been relatively small compared to other countries. “Our debt ratio only increased around 10 percent of the gross domestic product (GDP) — from around 30 […]
Read MoreBank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said an assistant governor of the central bank. Central Bank Sees […]
Read MoreBank Indonesia (BI) said it expects Indonesia’s gross domestic product (GDP) to increase by between 4.7 and 5.5 percent in 2022, higher than the previous forecast of 3,2-4 percent. Jakarta (VNA) – Bank Indonesia (BI) said it expects Indonesia’s gross domestic product (GDP) to increase by between 4.7 and 5.5 percent in 2022, higher than the […]
Read MoreIndonesia’s annual inflation rate extended its acceleration in November, according to the latest data published by Statistics Indonesia showed Wednesday. Indonesian November’s inflation rate rose to 1.75% on the year when compared with October’s 1.66%, although remained way below the Bank Indonesia’s (BI) 2.5-4.5% target range. The annualized core figure arrived at 1.44% vs. 1.33% previous and 1.43% […]
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