Category: News Group

BI Rates Raised to 6%

The central bank (Bank Indonesia/BI) unexpectedly on Thursday (Nov 15) raised its benchmark interest rate, 7-day reverse repurchase rate, by 25 bps to 6%, after trade balance posted a gap in October. Policymakers said the...

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Exports Rise 3.59% in October

Exports from Indonesia increased 3.59% from a year earlier to US$15.80 billion in October 2018, after an upwardlly revised 2.40% growth in the prior month. Sales of non-oil and gas products went up by 4.03% to US$14.32 billion,...

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PLN Gets Syndicated Loans

State utility firm Perusahaan Listrik Negara (PLN) has on Wednesday (Nov 14) received syndicated loans of Rp4.5 trillion from Bank Rakyat Indonesia (BBRI), Bank Mandiri (BMRI), Bank Negara Indonesia (BBNI), and  Bank Central...

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