BI Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/bi/ Latest business news media headlines platform today | Lets talk Business Mon, 13 Jan 2025 04:37:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png BI Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/bi/ 32 32 OJK dan BI officially oversee Indonesia’s crypto asset and financial derivatives policy https://heaptalk.com/news/ojk-dan-bi-officially-oversee-indonesias-crypto-asset-and-financial-derivatives-policy/ Mon, 13 Jan 2025 04:37:40 +0000 https://heaptalk.com/?p=45561 Heaptalk, Jakarta — Indonesia Financial Services Authority (OJK) and Bank Indonesia (BI) have officially authorized the regulation and supervision of digital financial assets, including cryptocurrencies and financial derivatives. Initially from CoFTRA, the transfer was formalized by signing a Handover Minutes (BAST) and a Memorandum of Understanding (MoU). “This transfer aims to retain financial system stability, deepen integrated financial markets, […]

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]]> Reasons why Bank Indonesia (BI) to reduce the ATM provision https://heaptalk.com/news/reasons-why-bank-indonesia-bi-to-reduce-the-atm-provision/ Mon, 10 Jun 2024 10:08:42 +0000 https://heaptalk.com/?p=32744 Heaptalk, Jakarta — Bank Indonesia (BI) intends to reduce the number of Automatic Teller Machines (ATMs). BI determined to perform this determination due to several factors, such as a transaction shifting to digital service, including mobile banking and apps, which simplifies people to make their transactions everywhere. On the other hand, the investment and maintenance costs for […]

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]]> BI teams up with BP2MI to empower the economy of Indonesian migrant workers https://heaptalk.com/govact/bi-teams-up-with-bp2mi-to-empower-the-economy-of-indonesian-migrant-workers/ Mon, 03 Jun 2024 05:51:58 +0000 https://heaptalk.com/?p=32247 Heaptalk, Jakarta — Bank Indonesia announced its partnership with the Indonesian Migrant Workers Protection Agency (BP2MI) to enhance the economic and financial empowerment of Indonesian migrant workers (05/31). The Deputy Governor of Bank Indonesia, Juda Agung, and the Head of BP2MI, Benny Rhamdani, signed the memorandum of understanding for this cooperation in Jakarta (31/5). This […]

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]]> BI and Ministry of Foreign Affairs join forces to enhance economic diplomacy https://heaptalk.com/govact/bi-and-ministry-of-foreign-affairs-join-forces-to-enhance-economic-diplomacy/ Wed, 29 May 2024 09:43:19 +0000 https://heaptalk.com/?p=31903 Heaptalk, Jakarta — Bank Indonesia (BI) announced its cooperation with the Indonesian Ministry of Foreign Affairs (Kemlu) in international economic diplomacy. Governor of Bank Indonesia Perry Warjiyo and Minister of Foreign Affairs Retno L.P. Marsudi signed a memorandum of understanding that is effective until May 15, 2029. This measure includes coordination and synergy in conducting […]

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]]> BI and MUI join forces to expedite Indonesia’s Sharia economic growth https://heaptalk.com/govact/bi-and-mui-join-forces-to-expedite-indonesias-sharia-economic-growth/ Fri, 10 May 2024 08:11:58 +0000 https://heaptalk.com/?p=30342 Heaptalk, Jakarta — Bank Indonesia (BI) has made a significant move by announcing its collaboration with the Indonesian Ulema Council (MUI) to expedite the development of Indonesia’s Sharia economic and financial ecosystem. This collaboration includes developing Sharia financial markets, monetary instruments, and MSMEs, strengthening the public economy and the implementation of halal product guarantees, as […]

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]]> BI: Indonesia’s economy is predicted to reach 4.7%-5.5% in range this year https://heaptalk.com/news/bi-indonesias-economy-is-predicted-to-reach-4-7-5-5-in-range-this-year/ Fri, 22 Mar 2024 07:01:14 +0000 https://heaptalk.com/?p=25909 Heaptalk, Jakarta — Bank Indonesia (BI) forecasted that the archipelago’s economy would continue to perform well, occupying between 4.7% and 5.5% this year. Several factors influenced this evolution, such as tremendous domestic demand for household consumption and investment. Furthermore, BI observed that the country’s building investment was higher than forecast, backed by the continuation of […]

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]]> Vietnam officially participates in regional payment connectivity https://heaptalk.com/govact/vietnam-officially-participates-in-regional-payment-connectivity/ Mon, 28 Aug 2023 06:09:36 +0000 https://heaptalk.com/?p=12010 State Bank of Vietnam’s presence strengthens the existing five members of the regional payment connectivity initiative, namely Indonesia, Malaysia, the Philippines, Singapore, and Thailand. Heaptalk, Jakarta — Vietnam through the State Bank of Vietnam (SBV) agreed to join payment connectivity cooperation in the ASEAN region. SBV’s presence strengthens five existing members of the regional payment […]

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]]> QRIS payments will be accepted in Japan, following the cooperation between Bank Indonesia and METI https://heaptalk.com/news/qris-payments-will-be-accepted-in-japan-following-the-cooperation-between-bank-indonesia-and-meti/ Mon, 12 Dec 2022 05:42:34 +0000 https://heaptalk.com/?p=7358 Representatives of Bank Indonesia and Japan’s Ministry of Economy, Trade, and Industry (METI) signed a memorandum of cooperation for the expansion of QR code-based payment services. Heaptalk, Jakarta — The QR code Indonesian Standard (QRIS) initiated by Bank Indonesia will be accepted in Japan. This service expansion is the result of payment cooperation between Bank […]

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