Monday, August 19, 2019 - 18:49:25

Widodo administration

Indonesia: great momentum for economy

ASEAN

Indonesia: great momentum for economy

More than 40 companies have lined up to raise about 30 trillion Rp (2.2 billion USD) in fresh capital through initial public offerings (IPO) and bond and rights issuances through the Indonesia Stock Exchange (IDX) within the next few months, according to the Financial Services Authority (OJK).

Indonesia cuts interest rate to spur growth

World

Indonesia cuts interest rate to spur growth

Indonesia’s central bank (Bank Indonesia) on August 22 unexpectedly cut its policy interest rate to 4.5 percent from 4.75 percent as the Southeast Asia’s biggest economy is seeking to boost economic growth.