May Inflation 0.5%

JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Monday (June 1) that May inflation was 0.5%, compared to 0.36% in April 2015. Off 82 cities, 81 cities recorded inflation, highest occurred in Palu (2.24%) and the lowest occurred in Singkawang...
BRI Upsizes Loan Target

BRI Upsizes Loan Target

JAKARTA (Yosefardi) – State bank PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) plans to seek loan of US$550 million, bigger than initial plan of US$400 million. Some 11 financial institutions will reportedly provide loans to BBRI. The loan, with tenor of 3.5 years,...

BI Rate Maintained at 7.50%

JAKARTA (Yosefardi) – Bank Indonesia (BI), central bank, on Tuesday (May 19) decided to maintain its benchmark BI rate at 7.50%, while setting the Deposit Facility and Lending Facility rates at 5.50% and 8.00% respectively. The decision is in line with the tight...