Hong Kong Industrialist - Oct 2020

DEPUTY CHAIRMEN’S VIEWS 宏勢微觀 I n early September 2020, a bill was scrutinized by the People’s Representative Council of Indonesia to amend the legislation of Bank Indonesia (BI). The bill, if passed, would allow ministers to vote at monetary policy meetings. The Minister of Finance of Indonesia later clarified that the bill had not been discussed within the Indonesian Government, and stressed that the credibility and independence of BI would be upheld. Exchange rate fluctuations during the Asian financial turmoil had a huge negative impact on manufacturing, export business, and domestic consumption, and even directly affected the economic development of many countries. Indonesia is the largest economy in ASEAN and thus the bill has a significant impact on exchange rates and regional trade. Manufacturers should keep an eye on the development before making investment decisions in Indonesia. 2 020年9月初，印尼國會下議院審議一條修改印尼中央銀行法例的草案，內容包括允許部長級官員在貨 幣政策會議上投票。及後印尼財政部長表明該草案由議員提出，且未經政府內部討論，強調印尼政府會 維持印尼中央銀行的公信力及獨立性。在亞洲金融風暴中匯率波動對製造業、出口業務、當地消費市場均 構成巨大的負面影響，甚至直接影響多國的經濟發展。印尼作為東盟最大經濟體，該草案對匯價乃至區內 貿易均牽連甚大，港商在印尼作出投資決定前，務必留意有關動向。 Ricky Chan Beware of the Potential Risks of Indonesian Rupiah 陳偉聰 注意印尼盾潛在風險 12 | 10-12/2020