Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In Indonesia, travellers ...
Tag: rupiah
Indonesia plans a bill to redenominate rupiah currency
Indonesia’s finance ministry said it is planning a new bill to redenominate the rupiah in an effort to improve economic ...
Astra International’s 9-month net income falls 6% to 24.7 trillion rupiah
Indonesia conglomerate Astra International reported on Friday (Oct 31) that its net income for the nine months ended Sep 30 ...
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar International posted a ...
Indonesia president says 40 trillion rupiah lost to illegal tin mining every year
INDONESIA is losing about 40 trillion rupiah (S$3.1 billion) annually to illegal tin mining and smuggling, said President Prabowo Subianto ...
First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal First Real Estate ...
Indonesia mulls moving 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur Indonesia is considering ...
Indonesia central bank to use all available instruments ‘boldly’ to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value Indonesia’s central bank ...
What does 11.9 trillion rupiah in cash look like? For Wilmar, it could spell trouble
Loss of the ‘security deposit’ in relation to an Indonesian probe could account for a 65% drop in FY2025 earnings, ...
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing ...
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