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Indonesia's central bank front runs Fed with surprise rate cut
Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, just hours ahead of the widely expected start of the U.S. Federal Reserve's easing cycle in efforts to bolster growth in Southeast Asia's largest economy.
Indonesia’s Surprise Rate Cut May Spur Inflows, Support Rupiah
Bank Indonesia’s surprise interest-rate cut may lead to higher foreign inflows into bonds and stocks, which may end up supporting the rupiah, according to analysts.
Dollar drops as Fed cuts rates by half a percentage point
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.
Indonesia's central bank delivers surprise rate cut
Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to bolster growth in Southeast Asia's largest economy ahead of the start of an expected easing cycle in the United States.
The Jakarta Post
3h
Indonesia lowers palm oil levy to boost exports
Indonesia rolled out a new rule on Thursday that imposes a 7.5 percent levy on CPO exports to increase the commodity's global ...
1d
Indonesia's Tax Agency Probes Alleged Personal Data Breach
JAKARTA (Reuters) - Indonesia's tax agency is investigating an alleged data breach that exposes the taxpayer identification ...
Jakarta Globe
45m
Indonesia Gets $500 Million ADB Loan for Energy Transition
The Asian Development Bank (ADB) announced Friday that it had approved a $500 million policy-based loan for the coal-reliant ...
1d
on MSN
Indonesia's parliament passes Prabowo's maiden budget
Indonesia's parliament on Thursday passed President-elect Prabowo Subianto's maiden budget for 2025, with spending set at ...
Opinion
The Jakarta Post
4h
Opinion
Indonesia's middle class: An economic pillar under strain
Recent years have seen a rise in prices, particularly for food and energy, which has eroded middle-class expenditures and may ...
NL Times
2h
Netherlands to return 288 museum pieces to Indonesia
The Netherlands is returning 288 cultural objects from the Dutch National Collection to Indonesia. They were wrongfully taken ...
1d
Prabowo’s First $237 Billion Budget Wins Indonesia Parliament Approval
Indonesia’s parliament approved a $237-billion state budget that will help President-elect Prabowo Subianto get his ...
Army Times on MSN
2d
Airborne assault comes to Super Garuda Shield exercise in Indonesia
Super Garuda Shield in Indonesia expands with new participants and demonstrates new joint, combined operational capabilities.
America Magazine
2d
What Pope Francis’ visit meant to the people of Indonesia—Catholic and not
The people of Indonesia believe in gotong royong, literally, “joint bearing of burdens,” carrying something together, ...
devdiscourse
2h
Hostage Crisis in Indonesia's Papua: Rebels Warn Rescue Efforts Endanger Pilot
Separatist rebels in Indonesia’s Papua region caution that recent military actions to rescue a New Zealand pilot, taken ...
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