Indonesia
Indonesian governor detained
Burhanuddin Abdullah, the governor of Bank Indonesia, has been detained at police headquarters by the country's anti-corruption agency, Komisi Pemberantasan Korupsi (KPK), a day after parliament approved economics minister Boediono as the next central…
Indonesia's Boediono gets the nod
Boediono, Indonesia's economics minister, will become governor of the country's central bank in May after a parliamentary committee approved his appointment.
New Indonesian governor wants tighter regulation
Boediono, the prospective head the Bank of Indonesia, called on 7 April for tighter regulation of the central bank after a series of corruption scandals.
New governor proposed for Bank Indonesia
Boediono, Indonesia's chief economics minister, has been nominated for the top job at the country's central bank.
Bank Indonesia investigation officer arrested
Indonesian anti-corruption officials have arrested a prosecutor investigating allegations of misuse of central bank funds on suspicion of bribery.
Indonesian governor questioned
Burhanuddin Abdullah, the governor of Bank Indonesia has been questioned over an alleged corruption case which the country's powerful Corruption Eradication Commission believes involves the central bank.
Two candidates for Indonesian governorship
Indonesia's president, Susilo Bambang Yudhoyono, has named two candidates to replace Burhanuddin Abdullah as governor of Bank Indonesia when his term of office ends in May.
Indonesia's Abdullah to step down in May
Burnahuddin Abdullah, the governor of Bank Indonesia, has said that he does not want to serve a second term at the central bank.
Indonesia holds rates
Bank Indonesia's rate-setting board voted on Wednesday to leave rates at 8% in an attempt to bring inflation within the 4-6% range set for 2008.
Indonesian governor a suspect in corruption case
Indonesia's anti-corruption authorities are investigating allegations made against Burhanuddin Abdullah, the governor of central bank, and two other officials.
Bank Indonesia avoids rate cut on price fears
Bank Indonesia's rate-setting board voted to keep rates on hold at 8% on Tuesday after inflation remained way above the central bank's medium-term target in December.
Carry trade returns high but losses heavy
Though carry trades in various Asian currencies tend to outperform major stock markets, there is a relatively high frequency of large negative returns, research published by the Bank for International Settlements finds.
Indonesia cuts rates unexpectedly
Bank Indonesia's rate-setting board surprised markets on Thursday by lowering its benchmark rate by 25 basis points to 8%.
Bank Indonesia - Annual Report 2006
The year 2006 was an engrossing year replete with numerous successes but also beset with challenges that further matured our managing of the economy, says Burhanuddin Abdullah, the governor of Bank Indonesia.
Indonesia holds rates at 8.25%
Bank Indonesia's rate-setting board decided on Monday to hold its benchmark BI rate at 8.25%.
Indonesian CB called on to aid corruption fight
Bank Indonesia is being pushed to join the fight to uncover accounts holding state funds that Mohamed Suharto, Indonesia's former president, is rumoured to have stolen.
Sharia banking not "cosmetic" - Indonesia's Siti
"We don't want the sharia units to be mere 'cosmetic lipstick' for the banks, where they say they have such Islamic-based banking businesses but the fact is the units only have an inappropriately small market share," deputy governor of the Bank Indonesia…
Indonesia still vulnerable to shock
Indonesia's current economic conditions mirror those that sparked the 1997-1998 Asian financial crisis and the central bank is working to protect the country from the impact of a potentially similar scenario, Budi Mulya, a director at Bank Indonesia,…
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
New deputy governors for Bank Indonesia
Jakarta's local business newspaper, Bisnis Indonesia, has reported the appointment of two new deputy governors for Bank Indonesia, the country's central bank.
Bank Indonesia changes loan regulations
Bank Indonesia, the country's central bank, has announced new limits the type and amount of corporate bonds which commercial banks can classify as "loans" in their official loan-to-deposit ratio (LDR) calculations.
Indonesia holds rates
After two 25 basis point cuts in as many months, Bank Indonesia decided today to hold its benchmark interest rates at 8.25%
Bank Indonesia cuts benchmark interest rate
Bank Indonesia, the country's central bank, has cut its benchmark interest rate by a further 25 basis points to 8.25%, the governor Burhanuddin Abdullah announced on 5 July.
Indonesia cuts for twelfth time since May 2006
As widely expected, Bank Indonesia reduced its policy interest rate - used as a reference for bill sales - by a quarter point to 8.5% today, taking advantage of the lowest inflation rate in six months. It was the twelfth rate cut since May 2006.