JAKARTA: Bank Indonesia has teamed up with the government to establish five measures designed to keep inflation within its target band of 2.5%–4.5% this year.
CPI inflation in Indonesia was 3.61% in 2017, the third consecutive year it has remained within the band. However, the soaring rice price has recently become a concern for officials, who fear it might restrict the room for further policy easing to reverse the lacklustre economic performance in South-east Asia’s largest economy.
Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...
Indonesia has proven its ability to maintain economic stability and resilience amid global uncertainties, a top central banker has said...
JAKARTA: Japan's SoftBank Group has offered to invest between US$30 billion and $40 billion in the development of the new...
JAKARTA: Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah (690 billion baht)...
