Edition:
India

Gayatri Suroyo

UPDATE 2-Indonesia c.bank holds rates, favours QE to support coronavirus-hit economy

13 Oct 2020

* Governor says QE more effective tool than rates to support GDP

Indonesian Muslim and union groups to fight new jobs law in court

09 Oct 2020

JAKARTA Indonesian President Joko Widodo came under increasing pressure to repeal his new controversial jobs law on Friday, with union and Muslim groups preparing to challenge it in court and some regional leaders publicly opposing the legislation. | Video

Indonesia's jobs law endangers environment, say activists, investors

09 Oct 2020

JAKARTA/SINGAPORE Environmentalists in Indonesia are calling for the reversal of a controversial law aimed at job creation because it is seen favouring business interests at the expense of the environment and labour.

Indonesians police fire water cannons at protesters rallying against jobs law

06 Oct 2020

JAKARTA Indonesian police used water cannons and tear gas on Tuesday to disperse protesters rallying against a new jobs law in two cities on the island of Java, according to a police spokesman and media reports.

Indonesian parliamentary committee finishes deliberating contentious jobs bill

04 Oct 2020

JAKARTA Indonesia moved a step closer to passing President Joko Widodo's contentious "Job Creation" bill after parliament's legislation committee and government ministers on Saturday approved the latest version for a vote next week.

Indonesia minister says economic policies must align better to tackle crisis

09 Sep 2020

JAKARTA, Sept 9 Indonesia must synchronise monetary and fiscal policies better to tackle economic pressures caused by the pandemic, although the government does not back a proposal for a monetary board to oversee the country's central bank, a top minister told Reuters.

Explainer: Proposed changes to Indonesia central bank law raise fears over independence

04 Sep 2020

JAKARTA Indonesia's parliament will consider recommendations to overhaul how the central bank operates, raising market fears that Bank Indonesia (BI) will lose independence and its policymaking could be at risk from political interference.

UPDATE 1-Bank Indonesia defends rupiah as doubts rise over c.bank independence

02 Sep 2020

* Rupiah falls on worry over BI independence, debt monetisation

UPDATE 1-Indonesia August inflation slips to new 20-year low

01 Sep 2020

* C.bank benchmark rate at 4% now, having been cut 4 times ytd (Adds comments by economists)

UPDATE 1-Indonesia panel recommends overhaul in central bank's mandate

31 Aug 2020

* Panel suggests GDP growth, employment added to c.bank mandate

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