BI Cuts Indonesia’s 2021 Economic Growth Projection to 4.1-5.1 Percent

BI Cuts Indonesia’s 2021 Economic Growth Projection to 4.1-5.1 Percent

JAKARTA, KOMPAS.com – Bank Indonesia (WITH A) decided to revise the national economic growth forecast for 2021 again, to a range of 4.1 to 5.1 percent. This is the second time BI has cut its national economic growth projection. Initially, BI projected that Indonesia’s economy this year would grow in the range of 4.8 to … Read more

Zhaoyi Innovation and Changjiang Electronics Technology Co., Ltd. respond to the impact of “Entity List”

Summary [Many companies from Zhaoyi Innovation and Changjiang Electronics Technology Co., Ltd. responded to the impact of the “entity list”]The US Department of Commerce website announced on the 18th local time that the US Department of Commerce’s Bureau of Industry and Security (BIS) listed 77 entities as the so-called “entity” List”, most of which are … Read more

Compact Market! Maybe Just a Miracle BI Lowered the Interest

Compact Market!  Maybe Just a Miracle BI Lowered the Interest

Added CIMB Niaga projections Jakarta, CNBC Indonesia – It is estimated that Bank Indonesia (BI) will continue to hold the benchmark interest rate. It seems likely that the stability of the rupiah exchange rate will be the main factor that makes MH Thamrin reluctant to lower the BI 7 Day Reverse Repo Rate. BI will … Read more

Starting today, Rp.75,000 can be exchanged at all commercial banks

Starting today, Rp.75,000 can be exchanged at all commercial banks

JAKARTA, KOMPAS.com – Bank Indonesia ( WITH A) will expand access to the 75th Anniversary of the Republic of Indonesia (UPK 75 RI) Commemoration Currency exchange starting today, October 1, 2020. If previously ordering and exchanging money only involved 5 commercial banks, now BI opens the widest opportunity for all banks to become collecting agents … Read more

Bank Supervision is no longer in OJK, the Governor of BI is currently being removed

Bank Supervision is no longer in OJK, the Governor of BI is currently being removed

Jakarta, CNBC Indonesia – The news of the change to the Act (UU) Bank Indonesia (BI) which smelled ‘old’ is getting stronger. In fact, the latest news states that changes to the legal umbrella will soon be discussed by the government and the DPR. In a document received by CNBC Indonesia, it was revealed that … Read more