President Commissioner of PT OCBC NISP, Pramukti Surjaudaja, said the government would increase the Electricity Basic Tariff in early July followed by 10 percent and fuel oil will push the inflation rate in the country increased, which in turn will trigger the benchmark interest rate Bank Indonesia could increase by around 0.25 to 0.50 percent.
“Increase [...]
BI Rate Could Rise By 0.50 Percent
State Surplus Rp 60.3 Trillion
- Finance Ministry data showed the country had a surplus of USD 60.3 trillion by the end the first half of 2010.
According to ministry records as of June 15, 2010, obtained from the realization of surplus state revenues and grants amounted to Rp 386.7 trillion and state expenditures amounted to Rp 326.3 trillion. This was [...]
ATM Card adds, Transaction Value Down
Number of Automated Teller Machine cards (ATM) and debit cards continues to grow. According the latest data of Bank Indonesia (BI) as of end April 2010 the number of ATM cards and debit cards increased by 0.58 million from 45.88 million card on the card in March 2010 to 46.46 million cards.
The details: 84 732 [...]
Crisis Anticipation BI Publish Book
Bank Indonesia (BI) was officially introduced an introductory book to anticipate the economic crisis, entitled “Financial Stability Review” (CWC).
Thick 100-page book contains four chapters consist of macroeconomic conditions and the real sector, financial sector, infrastructure finance and risk mitigation, and the prospects for Indonesia’s financial system.
BI Deputy Governor Muliaman D Hadad said in the preface [...]
