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Indonesia's central bank to prepare regulations reflecting wider mandate
Indonesia's central bank to prepare regulations reflecting wider mandate JAKARTA, June 5 : Indonesia's central bank will prepare technical regulations that reflect its wider mandate to support economic growth following the passage of a sweeping new financial system law, its spokesperson said on Friday. Bank Indonesia supported the law and had provided its feedback for the legislation during the deliberation process, spokesperson Ramdan Denny Prakoso said in a statement. Parliament on...
Acid attack victim's lawyer describes trial of perpetrators as a 'sham'
Lawyer of Indonesian man attacked with acid says trial of perpetrators is a 'sham' Sat 6 Jun 2026 at 4:55am At 11pm on a humid Jakarta night in March, human rights activist Andrie Yunus was getting ready to head home after finishing a recording for a podcast. This story contains details of an assault. The episode, which had been taped at a legal aid office in central Jakarta, was on the increasing influence of the military across Indonesia's civilian institutions, an issue the 27-year-old...
Indonesian central bank says governor briefs foreign investors following surprise rate hike
Indonesian central bank says governor briefs foreign investors following surprise rate hike JAKARTA, June 10 : Indonesia's central bank has briefed investors from Europe, the United States and Asia following its surprise rate hike, senior deputy governor Destry Damayanti told Reuters on Wednesday. On Tuesday, Bank Indonesia raised interest rates by 25 basis points in a rare off-cycle move to 5.50 per cent to try to stabilise the rupiah after the currency hit a series of record lows. Destry...
Indonesia’s Foreign Reserves Suffer Longest Decline Since 2018
Roadside stalls in the central business district in Jakarta. Photographer: Muhammad Fadli/Bloomberg
Indonesia central bank, finance minister agree to boost asset yields to aid rupiah
Indonesia central bank, finance minister agree to boost asset yields to aid rupiah JAKARTA, June 6 : Indonesia's central bank chief and finance minister on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks. Bank Indonesia and the finance ministry "will increase the attractiveness of yields" on Indonesian assets "so that portfolio inflows return" to the country, Governor Perry...
Military officers behind acid attack on Indonesian activist sentenced
Military officers behind acid attack on Indonesian activist sentenced to jail Wed 10 Jun 2026 at 4:37pm Four military intelligence officers have been sentenced to up to three years in jail, after they threw sulphuric acid over a human rights activist in a brazen attack in Central Jakarta. This story contains details of an assault.
Indonesia raises rates in surprise move to prop up sinking rupiah
Indonesia raises rates in surprise move to prop up sinking rupiah The rupiah has been under pressure due to a wide range of investor worries, including President Prabowo Subianto's big spending plans and a ballooning fuel subsidy budget following the Iran war. JAKARTA: Indonesia's central bank raised interest rates by 25 basis points on Tuesday (Jun 9) in an unexpected off-cycle rate hike, taking the benchmark rate to 5.50 per cent as it moves to stabilise the rupiah, which has hit a series...
Indonesia passes bill expanding central bank role to spur growth
Indonesia passes sweeping bill expanding central bank role to spur growth JAKARTA, June 4 : Indonesia's parliament on Thursday passed sweeping legislation that doubles down on Bank Indonesia's role to support growth, while empowering lawmakers to make binding recommendations for independent financial regulators and the central bank. The bill has added to investor concerns about the possibility of political interference in the central bank to ensure compliance with President Prabowo...
Indonesia passes sweeping bill expanding central bank role to spur growth
Indonesia passes sweeping bill expanding central bank role to spur growth JAKARTA, June 4 : Indonesia's parliament on Thursday passed sweeping legislation that places further emphasis on Bank Indonesia supporting economic growth, while empowering lawmakers to evaluate independent financial regulators and the central bank. Parliament passed the bill by acclamation, with support from all parties, according to the deputy speaker, Sufmi Dasco Ahmad, who led Thursday's plenary session. The bill,...
Two decades of research shows Indonesia's coral reefs are heat tolerant—but only up to a point
Two decades of research shows Indonesia's coral reefs are heat tolerant—but only up to a point Lisa Lock Scientific Editor Andrew Zinin Lead Editor Indonesia is home to the world's largest and most biodiverse coral reef system, spanning more than 32,000 square kilometers across the archipelago. Just like what is happening globally, these reefs are now bearing the brunt of a warming ocean. Our new study, however, found that despite rising sea temperatures, coral cover at most of our...