• Bank Indonesia Cuts Benchmark Interest Rate by 0.25% in July 2019

    At July's two-day monetary policy meeting (held on 17-18 July 2019), the central bank of Indonesia (Bank Indonesia) surprised us by deciding to cut the benchmark BI 7-day Reverse Repo Rate by 25 basis points (bps) to 5.75 percent. Meanwhile, the deposit facility and lending facility rates were lowered - also by 25 bps - to 5.00 percent and 6.50 percent, respectively.

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  • What Is the Most Famous Fast-Moving Consumer Goods Brand in Indonesia?

    Again, Indomie was named Indonesia’s most well-known fast-moving consumer goods (FMCG) brand in the Brand Footprint (2019 edition), compiled by Kantar Indonesia, the local branch of the world’s leading data, insights and consulting company. It is the seventh straight year that Indomie leads the Brand Footprint ranking in Indonesia. This ranking is based on most-bought FMCG products in Indonesia.

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  • Monetary Policy Central Bank: Bank Indonesia's Decisions at the June Meeting

    In line with expectations, the central bank of Indonesia (Bank Indonesia) decided to leave its benchmark interest rate – the BI 7-Day Reverse Repo Rate – unchanged at 6.00 percent, while also maintaining its deposit facility and lending facility rates at 5.25 percent and 6.75 percent, respectively, at the two-day monthly monetary policy meeting that was held on 19 and 20 June 2019.

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