Grace Sihombing

Indonesia will discuss reviving its tax amnesty program next year as President Prabowo Subianto’s government seeks ways to boost state revenue and broaden the tax base.

Indonesia’s central bank kept its key interest rate unchanged, extending a pause in its easing cycle as market jitters and geopolitical tensions weaken the rupiah toward the key support level of 16,000 per dollar.

(Bloomberg) -- Bank Indonesia warned there is less scope for it to further lower interest rates as political developments in the US add to global risks, spurring fund flows into the dollar and pressuring the rupiah.

Bank Indonesia intervened more aggressively in the market on Friday as the rupiah touched a four-month low and approached the key level of 16,000 against the dollar.

The central banks of Southeast Asia’s two biggest economies are expected to keep rates steady this week, with Indonesia razor-focused on supporting the weakening rupiah and Thailand’s central bank still sticking to its neutral stance to bolster growth.

(Bloomberg) -- Indonesia's central bankers are gathering for the year's final interest rate decision, with questions swirling over an escalating probe by the country's anti-corruption agency.

Bank Indonesia will buy over $9 billion worth of bonds in the secondary market next year as the government looks to refinance its pandemic-era debt.

Indonesia’s central bank intervened in the foreign-exchange market as it pledged to boldly guard the currency, which has fallen to the lowest in more than four months.

Indonesia's central bank intervened in the foreign-exchange market as it pledged to boldly guard the currency, which has fallen to the lowest in more than four months.