No strong reason for BI to increase key rate next month: CORE

Center of Reform on Economics (Core) Indonesia research director Piter Abdullah has said there is no strong reason for Bank Indonesia (BI) to increase its benchmark seven-day reserve repo rate during its board of governors meeting early next month -- October 23, 2018

Jakarta. Indonesia has moved up in the global competitiveness ranking, thanks to improvements in its institutions, infrastructure, technology adoption, economic stability and business climate, the World Economic Forum said in its Global Competitiveness Report, published on Wednesday. -- October 23, 2018

Jakarta. Berkarya Makmur Sejahtera president commissioner Hutomo Mandala Putra, commonly known as Tommy Suharto, opened Goro Cibubur – a large wholesale retail outlet – on the southeastern outskirts of Jakarta on Wednesday, marking his family's return to the public stage after maintaining a low profile for years. -- October 23, 2018

Indonesia’s inflation rate in October is estimated to reach 0.12 percent month-to-month (mtm), a result of the recent increase in non-subsidized fuel prices, Bank Indonesia (BI) Governor Perry Warjiyo said on Friday. -- October 22, 2018

New crowdfunding rules coming soon: OJK

The Financial Services Authority (OJK) is set to issue a regulation on equity crowdfunding platforms by the end of the year in response to a boom of these platforms facilitated by financial technology (fintech) firms. -- October 22, 2018

Centered on economy

We can rest assured by the pledges made by the two presidential candidates and their camps that they will not politicize religion, race, ethnicity and inter-group rivalries in their campaign for the April 17, 2019 presidential and legislative elections. -- October 22, 2018

Ministry prepares two draft regulations on ride-hailing apps

The Transportation Ministry has prepared two draft regulations on ride-hailing apps after the previous regulations were annulled by the Supreme Court in September. -- October 17, 2018

Industry 4.0 to Put Indonesia among Top 10 Economies: Minister

TEMPO.CO, Jakarta - The fourth industrial revolution, also known as industry 4.0, is expected to make Indonesia one of the top 10 economies in the world in 2030, stated Industry Minister Airlangga Hartarto. -- October 17, 2018

Ma`ruf Amin: Halal Has Become Global Issue

TEMPO.CO, Jakarta - The 2018 Jogja Halal Fest—a halal product exhibition—held in Jogja Expo Center presented K.H. Ma’ruf Amin, the head of the advisory board of Islamic Economic Community (MES), in its closing session on Sunday evening, October 14. -- October 16, 2018

Import Declines in September 2018, BI: Signs of Improvement

TEMPO.CO, Jakarta - Bank Indonesia (BI) Governor Perry Warjiyo said the decline in import, particularly in the oil and gas sector, in September, showed the results of BI and the government’s efforts to reduce the current account deficit in recent times. -- October 16, 2018

IMF-World Bank Annual Meetings Conclude With Loud Message of Solidarity

Nusa Dua. The 2018 International Monetary Fund and World Bank Annual Meetings concluded in Nusa Dua, Bali, on Sunday with an appeal by emerging nations to the world's biggest economies to curb rising trade tensions and volatility caused by protectionist policies. -- October 16, 2018