Bank Indonesia (BI) will lower the maximum limit on credit card interest rates from 2% to 1.75% per month which will take effect from July 2021.

The Governor of Bank Indonesia, Perry Warjiwo, stated that the Rupiah exchange rate on May 24, 2021, strengthened 0.63% point to point and 1.42% on average compared to April 2021.

The Governor of Bank Indonesia, Perry Warjiwo, stated that the Rupiah exchange rate on May 24, 2021, strengthened 0.63% point to point and 1.42% on average compared to April 2021.

Bank Indonesia (BI) keeps its 2021 economic growth projection in the range of 4.1% to 5.1%.

Property Developer PT Summarecon Agung Tbk (SMRA) plans to increase its capital with Pre-emptive Rights or rights issue II.

The Board of Governors Meeting of Bank Indonesia on 24-25 May 2021 decided to maintain the B1-7 Day Reverse Repo Rate (BI7DRR) at 3.5%, the deposit facility interest rate at 2.75%, and the lending facility rate at 4.25%.

Finance Minister Sri Mulyani Indrawati said customs and excise revenues until April 30, 2021, reached Rp78.7 trillion, or 36.6% of the 2021 State Budget target.

The Jakarta Composite Index (JCI) in the first trading session today, Tuesday (25/5), strengthened 64.98 points or 1.13% to 5,828.61.

PT PLN (Persero) posted growth in net profit in the period ended on December 31, 2020, of 38.6% to Rp5.9 trillion from Rp4.3 trillion in the previous year.

PT Citra Marga Nusaphala Persada Tbk (CMNP) posted a decrease in net profit for the year attributable to owners of the parent entity of around 40.93% to Rp448.12 billion in 2020 from Rp758.66 billion in the previous year.

PT Sarimelati Kencana Tbk (PZZA) plans to distribute cash dividends for the 2019 Fiscal Year.

The Jakarta Composite Index at the opening of trading today, Tuesday (25/5), strengthened 22.09 points or 0.38% to 5,785.