Category: Indonesia Finance

JAKARTA (Yosefardi) – In the relationship between the state and its people, there are essential and emotional matter related taxes. According to Minister of Finance Sri Mulyani Indrawati, bridging the relationship of citizens and the country becomes an arduous task.

The central bank, Bank Indonesia (BI), again honed the loan-to-value ratio (LTV) and financing-to-value ratio (FTV) on housing loans, as well as downpayments on motor vehicle loans in order to stimulate the bank intermediation function while maintaining prudential principles and consumer protection.

JAKARTA (Yosefardi) – The central bank (Bank Indonesia/BI) reported Wednesday (August 31) that the banking lending only grew by 7.7% in July (year on year), slower compared to 8.2% growth in June 2016.

JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), said the rupiah appreciation continued in line with the promising domestic economic outlook and easing external risks.

JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), decided Friday last week to hold the BI 7-Day Reverse Repo Rate (BI 7-Day RR Rate) at 5.25%, with the Deposit Facility rate held at 4.50%, while lowering the Lending Facility 100 bps to 6.00%.

JAKARTA (Yosefardi) – The number of tourist arrivals (tourists) to Indonesia in June 2016 reached 857,700 visits, down 1.69% compared to the number of foreign tourists in June 2015 (872,400). Compared to May 2016, the figure fell 6.29%.

JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Monday (August 1) that July 2016 inflation was 0.69%, compared to 0.66% in June 2015.

JAKARTA (Yosefardi) – Government of Indonesia is set to auction bonds or debt securities (SUN) on Tuesday(August 2), targeting to raise Rp12 trillion.

JAKARTA (Yosefardi) – Economic liquidity, or broad money (M2), expanded at 8.7% (yoy) in June 2016, up from 7.6% (yoy) the month earlier supported by growth of quasi-money component and securities excluding stocks.

The administration of President Joko “Jokowi” Widodo is expected to submit a draft of the revision of the 2016 State budget (APBN-P) to the House of Representatives (DPR) on May 17, 2016.

The number of tourist arrivals (tourists) to Indonesia in January 2016 reached 814,300 visits, up 3.6% compared to the number of foreign tourists in January 2015. Compared to December 2015, the figure declined 17.44%.

Central Bureau of Statistics (BPS) revealed on Tuesday (March 1) that February 2016 deflation was 0.09%, compared to 0.51% inflation in January 2016.