BI Will Continue Its Gov't Bond Buying Program Through 2021

... . The central bank also cut its benchmark interest rate three times to 3 ... country reported an annual inflation rate of 1.68 percent inflation ... figure was the lowest inflation rate since the Central Statistics Agency ...

Bank Indonesia Eyes 9% Loan Growth in 2021, Pledges to Keep Interest Low

... encouraged Bank Indonesia to cut its benchmark rate by 25 basis points ... month. "Currently, the BI benchmark interest rate is 3.75 percent, the ... said. With this low benchmark interest rate, banks should lower their lending ...

Garuda Indonesia to Get $600m as Gov't Adamant to Keep the Flagship Carrier Afloat

... reverse repo rate. The central bank had cut the benchmark interest rate by 25 ...

Bank Indonesia Surprises With 25bps Rate Cut as Gov't Confident the Worst Has Passed

... central bank, has cut its benchmark interest rate in a surprise ... seven-day reverse repo rate by 25 basis points ... the rate for the fourth time since the last cut ... month, the annual inflation rate was at 1.44 ... to the government the interest it gained from the ...

How Automakers Can Survive when Pandemic Puts Cars on Ignore List

... Indonesia's (BI) decision to cut interest rate to a four-year low ... lower car loans'' interest rates. The lower interest rate on borrowing should impact ...

BI Lowers Interest Rate as Slack Gov't Spending Leads to Sharp Contraction in Q2

... country central bank, has cut its benchmark interest rate to 4 percent to ...

Bank Indonesia Cuts Interest Rate, Eyes More by Year End

... bank has decided to cut its benchmark interest rate by 25 basis points ... June 17-18 decided the rate cut to provide a much- ... the possibility to further lower interest rates remains open by ... the possibility to [further] lower interest rate [by looking at] low ...

Penetrating Post-Pandemic Chinese Market With Stories

... bouncing back with a growth rate of 9.2 percent in ... likely to pique Chinese consumers' interest. "What is unique about the ... reasons. That forced Joni to cut down the sugar content in ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... from the corporate income tax cut, and the government's continuing ... the government planned to cut the corporate tax rate to 22 percent ... the program. Subsidies for loan interest payment, aimed mainly for SMEs ...

Central Bank Loosens Credit Card Rules

... bank has decided to cut the maximum interest rate on credit card by ... minimum payment amount was also cut by half to 5 percent ...