• Bank Indonesia Raises Key Interest Rate in Unscheduled Meeting

    In line with expectations the central bank of Indonesia (Bank Indonesia) raised its benchmark interest rate - the BI seven-day reverse repo rate - by 25 basis points to 4.75 percent in an unscheduled meeting on Wednesday (30/05). In combination with the scheduled monthly policy meeting on 16-17 May 2018, Bank Indonesia raised the benchmark interest rate by a total of 0.50 percent this month.

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  • Bank Indonesia Schedules Additional Meeting; New Rate Hike Expected

    Newly inaugurated Bank Indonesia Governor Perry Warjiyo seemingly does not want to wait until the planned 27-28 June 2018 monthly monetary policy meeting to take action. Bank Indonesia announced that it scheduled an additional (ad hoc) policy meeting for Wednesday 30 May 2018. It is assumed that Bank Indonesia will raise its benchmark interest rate again by 25 basis points (to 4.75 percent) at this occasion in a bid to curtail capital outflows and defend the rupiah (which has been under heavy pressures in recent months).

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  • Indonesia Investments' Newsletter of 28 May 2018 Released

    On 28 May 2018 Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the past seven days. Most of the topics involve economy and market-related topics such as government spending realization, Go-Jek's expansion plans, the stock market, IPOs, and more.

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  • Parliament of Indonesia Approves New Antiterrorism Law

    Barely two weeks after the terrorist attacks in Surabaya (East Java) and Pekanbaru (Riau) Indonesian parliament unanimously approved a new anti-terrorism law. It is actually a revision of Indonesia's 2003 Antiterrorism Law (which was regarded too weak to combat - and thwart - terrorist activities efficiently). The new bill was passed during a plenary session on Friday (25/05). The bill took more than two years of deliberation. However, the recent attacks significantly sped up the process.

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