Edition:
United Kingdom

Nilufar Rizki

UPDATE 1-Indonesia c.bank holds rates, easing cycle seen continuing in 2020

19 Dec 2019

JAKARTA, Dec 19 Indonesia's central bank kept interest rates unchanged at its final policy meeting for 2019, though it reiterated a commitment to maintain accommodative policy next year to support Southeast Asia's biggest economy.

UPDATE 2-Indonesia c.bank boosts bank liquidity by $1.8 bln; holds rates

21 Nov 2019

* RRR cuts give 26 trln rupiah ($1.8 bln) liquidity boost to banks

UPDATE 1 -Indonesia makes 4th straight rate cut to help lift sluggish growth

24 Oct 2019

JAKARTA, Oct 24 Indonesia's central bank stepped up efforts to boost Southeast Asia's largest economy on Thursday by cutting its benchmark interest rate for the fourth time in four months, while saying growth in the third quarter may be slower than expected.

UPDATE 1-Indonesia makes 3rd rate cut since July, eases lending rules

19 Sep 2019

* C.bank has rolled back 75 bps of 2018's 175 bps in rate hikes

U.S. looks to improve ties with Indonesian special forces, stage exercises

30 May 2019

JAKARTA Acting U.S. Defence Secretary Patrick Shanahan met his Indonesian counterpart on Thursday as the United States looks to improve ties with an Indonesian special forces unit that have been limited due to human rights abuses in the 1990s.

Indonesia first-quarter GDP growth misses forecast as investment cools

06 May 2019

JAKARTA Indonesia's economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum.

Corrected: Indonesia first-quarter GDP growth slower than expected as investment cools

06 May 2019

JAKARTA Indonesia's gross domestic product grew more slowly than expected in the first quarter of this year, as investment dropped and prices of its main commodities softened, data from the statistics bureau showed on Monday.

Indonesia's third quarter GDP growth slows as consumer, export sectors struggle

05 Nov 2018

JAKARTA Indonesia's economic growth slowed in the third quarter, losing momentum from the previous three months and pointing to tougher conditions for the Southeast Asian economy, which has struggled with capital outflows and weaker exports and household spending.

Indonesia hikes rates, plans import curbs to contain currency contagion

15 Aug 2018

JAKARTA Indonesia's central bank stepped up its battle to defend a beleaguered currency on Wednesday, raising interest rates for the fourth time since mid-May on top of government import curbs as Turkey's financial crisis ripples across emerging markets.

UPDATE 2-Indonesia hikes rates, plans import curbs to contain currency contagion

15 Aug 2018

* July trade deficit biggest in 5 yrs, imports at all-time high

World News

Trump adds legal heavyweights Starr, Dershowitz to impeachment team

President Donald Trump turned to some legal heavyweights to help defend him in his Senate impeachment trial with the addition on Friday of former independent counsel Ken Starr, who paved the way for former President Bill Clinton's 1998 impeachment, and prominent lawyer Alan Dershowitz.