Indonesia

CBDCs

Bank Indonesia Outlines Plans to Commence CBDC Testing

By Editors | 05/12/2022

The first two phases will focus on experimentation with a wholesale CBDC. The third and final stage will involve end-to-end integration with a retail CBDC.

Payments & Settlements

Five ASEAN Central Banks Sign MoU on Payments Connectivity

By Sanday Chongo Kabange | 15/11/2022

The MoU is the first that brings together multiple ASEAN central banks under a single multilateral agreement to enhance cross-border payments.

Trading & Investment

NYSE, IDX Agree to Cooperate on Product Development

By Editors | 08/11/2022

The New York and Indonesian exchange agreed to collaborate on product development, market promotion, and knowledge sharing.

Sustainable Finance

IDX, MVGX Partner to Develop Indonesia’s Carbon Market

By Editors | 02/11/2022

Indonesia Stock Exchange and Singapore’s MetaVerse Green Exchange will collaborate to develop a carbon exchange system in Indonesia.

Structural Regulation

Indonesia Publishes New Guidelines for Using IndONIA

By Editors | 04/10/2022

The guide covers the use of IndONIA in business credit, consumer credit, trade finance, and derivative products, as well as rupiah FRNs.

Payments & Settlements

Indonesia, Singapore Commence Work on QR Payment Link

By Manesh Samtani | 29/08/2022

Bank Indonesia also launched the “international QRIS”, initially connecting to Thailand’s payment system, and have a retail CBDC in the works.

Payments & Settlements

Five ASEAN Central Banks to Link Payment Systems

By Editors | 21/07/2022

The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.

Payments & Settlements

India, Indonesia to Work Towards Establishing Payment Linkages

By Editors | 20/07/2022

The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.

Liquidity Risk

BIS Launches Yuan Liquidity Facility for Central Banks

By Editors | 28/06/2022

Central banks from China, Hong Kong, Singapore, Malaysia, Indonesia and Chile are creating a reserve pool to guard against market stresses.