Indonesia
Bank Indonesia more bullish
Bank Indonesia, the country's central bank, has upgraded its national economic growth forecast for this year from 6% to 6.2%. The latest inflation figures are also better than those forecast by the central bank.
BI and govt working together on economy
Indonesia's finance minister Sri Mulyani says the government will work with Bank Indonesia to boost the lethargic economy amid criticism that the government is not doing enough to speed up economic growth.
BI vigilant on regulatory 'grey areas'
Bank Indonesia deputy governor Muliaman D. Hadad said recently that in the revised regulations, the central bank had clarified several "gray areas" that had dissuaded the banks from extending loans to particular types of firms.
BI's Abdullah on stability for sustained growth
In the speech 'Capitalizing on stability for sustained growth' given on 12 January Burhanuddin Abdullah of the Bank Indonesia said that in confronting future challenges, we need the involvement and participation of all public elements, including the…
Rato on ten years after the Asian currency crisis
In the speech 'Ten years after the Asian currency crisis: Future challenges for the Asian economies and financial markets' given on 22 January Rodrigo de Rato of the IMF said Asian countries are more prepared to handle risks stemming from volatility in…
BNM's Zeti at the INCEIF Strategic Partnership
In welcoming remarks at the INCEIF Strategic Partnership 2006 given on 14 December Dr. Zeti Akhtar Aziz of the Bank Negara Malaysia said one of the strategic steps that INCEIF has initiated is the forging into strategic alliances with the five takaful…
Indonesia appoints two new BI deputies
President Susilo Bambang Yudhoyono has signed a decree, appointing Budi Rochadi and Muliaman D Hadad as deputy governors of Bank Indonesia, Asia Pulse reported.
Bank Indonesia gets two new deputy governors
The government of Indonesia has recommended Mulaiman Hadad and Budi Rochadi as new deputy governors of the country's central bank.
Legislator calls for external BI appointments
Bank Indonesia needs to have a deputy governor selected from among commercial bankers, a legislator was quoted as saying by Asia Pulse.
Indonesia deputy governor passes away
Budi Rochadi, the Indonesian central bank’s deputy governor in charge of the banking payment system, passes away in New York
Comment: Small steps or big bang?
A recent collection of papers published by the Bank for International Settlement (BIS) adopts a cautious line in advocating inflation targeting for poor African countries, which may lack the "preconditions" for the regime.
Central bank's focus should be on growth
According to this opinion piece from The Jakarta Post, published Monday 10 July, Bank Indonesia should start concentrating on issues of how it is going to use its monetary policy to spur further economic growth.
Review of the Asian Bond Fund 2 Initiative
The Bank of Japan has announced that the EMEAP (Executives' Meeting of East Asia-Pacific Central Banks) Working Group on Financial Markets has released a report titled "Review of the Asian Bond Fund 2 Initiative."
Bank Indonesia - Annual Report 2005
According to Bank Indonesia's Annual Report 2005, the past year of 2005 was not only witness to a number of challenges confronting the economy, but taught us numerous lessons.
New Zealand hosts EMEAP central bank governors
Central bank governors from major countries in the region gathered in New Zealand over the weekend to discuss common issues, Reserve Bank of New Zealand governor Alan Bollard said Monday 29 May.
IMF's Rato offers condolences after earthquake
Rodrigo de Rato, Managing Director of the International Monetary Fund, made a statement offering his deepest condolences on Sunday 28 May regarding the earthquake affecting Indonesia.
Bank Indonesia - Annual Report 2004
According to Bank Indonesia's Annual Report 2004, the year 2004 witnessed the Indonesian economy's continued momentum of solid expansion, even surpassing the forecast at the beginning of year.
Interview with Bank Indonesia's Gultom
In an interview published Friday 24 March, Bank Indonesia's senior deputy governor Miranda Gultom said the central bank plans to encourage an expansion of Islamic Shariah financing to boost the development of the country's small- and medium-sized…
Indonesia's dilemma on growth, prices
According to this article published on Tuesday 7 March, the Indonesian authorities are faced with the unenviable task of fighting inflation in a slowing economy.
Comment: Busy week for policymakers
This week is a busy one for monetary policymakers, with policy meetings taking place in Japan, the United Kingdom, Canada, Australia, New Zealand and Indonesia. Here is a brief look at what's been on the mind of central bankers in these countries.
BI to introduce Sharia Banking Committee
Bank Indonesia intends to develop Sharia Banking Committee (KPS) as the regulatory body for sharia banks.
Comment: Indonesia and the IMF
The Indonesian finance minister, Sri Mulyani Indrawati, has indicated that the country is considering the early repayment of its outstanding debt to the IMF. The prospect of early repayment raises some interesting questions and policymakers are likely to…
Asian reform
In this speech given at a Wharton business school forum in Mumbai on 6 January, 2006, the governor of the Bank of Thailand, M R Pridiyathorn Devakula, argues that fast growing intra-regional trade between east Asian economies provides evidence that the…
Indonesian rates on hold
The Central Bank of Indonesia yesterday left interest rates unchanged at 12.75% for a second month, as economic growth slowed down. Six interest rate increases since July have helped the rupiah recover from a four-year low on August 30 last year amid…