Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Tag
rupiah
Business
Bank Indonesia will act boldly to maintain rupiah stability
Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
Indonesian rupiah to hit record low on fiscal woes: analysts
Analysts see Indonesia’s rupiah declining to a record low in the short term as political and economic worries continue to grow in…
Business
Indonesia intervenes as rupiah falls to Asian crisis lows
Indonesia’s central bank stepped into the currency market to defend the rupiah on Tuesday (Mar 25), as growing concerns over politics,…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Business
Indonesia fines Google 202 billion rupiah for unfair business practices
INDONESIA’S antitrust agency on Tuesday (Jan 21) ordered Google to pay fines about 202 billion rupiah (S$16.8 million) for unfair business…
Business
Bank Indonesia says it’s ready to intervene to steady rupiah
INDONESIA’S central bank said it was ready to intervene in currency markets to steady the rupiah as it weakened towards the psychological…
Business
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to…
Business
Indonesia intervenes as rupiah nears 16,000 per dollar level
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000…
Business
Bumitama Agri’s Q3 net profit falls 31.6% to 597.9 billion rupiah
BUMITAMA Agri reported a net profit of 597.9 billion rupiah (S$51 million) for the third quarter ended Sep 30, down 31.6 per cent the year…
Business
Indonesian court affirms 1.7 trillion rupiah civil claim against Keppel unit is inadmissible
The DKI Jakarta Province High Court has also ordered the claimant to pay court costs AN INDONESIAN High Court has affirmed an earlier…
Business
Bank Indonesia ready to stabilise rupiah as Trump leads
BANK Indonesia (BI) said it stands ready to act to steady the rupiah from excessive volatility as Donald Trump’s early lead in the US…