Culture
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
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rupiah
Culture
Indonesia’s rupiah hits record low on central bank independence worries
Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after…
Culture
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In…
Culture
Indonesia plans a bill to redenominate rupiah currency
Indonesia’s finance ministry said it is planning a new bill to redenominate the rupiah in an effort to improve economic efficiency,…
Culture
Indonesia president says 40 trillion rupiah lost to illegal tin mining every year
INDONESIA is losing about 40 trillion rupiah (S$3.1 billion) annually to illegal tin mining and smuggling, said President Prabowo Subianto…
Culture
First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal First Real…
Culture
Indonesia central bank to use all available instruments 'boldly' to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value Indonesia’s central…
Culture
What does 11.9 trillion rupiah in cash look like? For Wilmar, it could spell trouble
Loss of the ‘security deposit’ in relation to an Indonesian probe could account for a 65% drop in FY2025 earnings, according to DBS and…
Culture
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior…
Culture
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Culture
Indofood Agri Resources’ H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices
Indofood Agri Resources on Friday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its first…
Culture
Rupiah to consolidate before further gains, Citi strategist says
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to…
Culture
Indonesia detains Trafigura employee in 285 trillion rupiah graft case
Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned…
Culture
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and…
Culture
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after the…
Culture
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Culture
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns - The Business Times
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Culture
Indonesia fines Google 202 billion rupiah for unfair business practices - The Business Times
INDONESIA’S antitrust agency on Tuesday (Jan 21) ordered Google to pay fines about 202 billion rupiah (S$16.8 million) for unfair business…
Culture
Bank Indonesia says it’s ready to intervene to steady rupiah
INDONESIA’S central bank said it was ready to intervene in currency markets to steady the rupiah as it weakened towards the psychological…
Culture
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to…