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Banking & Finance

Displaying 551 - 600 of 832 Documents

January 3, 2020

Jakarta Globe - January 3, 2020

Investor Daily, Jakarta – Capital flow to Indonesia totaled Rp 224,2 trillion, or $16 billion, throughout last year – likely to bring the country's balance of payment into positive ter

January 2, 2020

Jakarta Globe - January 2, 2020

Novy Lumanauw, Jakarta – President Joko "Jokowi" Widodo called the Indonesian capital market authorities to toughen measures against market manipulations on Thursday, in his first comm

December 31, 2019

Jakarta Post - December 31, 2019

Jakarta – Indonesia Stock Exchange (IDX) has handled fewer initial public offerings (IPOs) in 2019 as it welcomed 55 newcomers to the bourse, down from 57 firms listing last year.

December 27, 2019

Jakarta Globe - December 27, 2019

Diana Mariska, Jakarta – Bank Indonesia, the country central bank, has collaborated with the customs office to implement an integrated system that will reconcile incoming and outgoing

December 19, 2019

Jakarta Post - December 19, 2019

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) held the nation's benchmark interest rate steady at 5 percent on Thursday after cutting the policy rate by a total of 100 basis points

December 16, 2019

Jakarta Globe - December 16, 2019

Jakarta – Flag carrier Garuda Indonesia is seeking to raise up to $900 million from issuing dollar-denominated Islamic bonds, private placement or peer-to-peer lending next year.

December 13, 2019

Bloomberg - December 13, 2019

Daniel Moss – When even Indonesia starts talking about relaxing deficit rules, you know government spending is back in vogue as a remedy for faltering economic growth.

December 12, 2019

Nikkei Asian Review - December 12, 2019

Aldi Adrian Hartanto – Indonesian startups have been at the center of attention in Southeast Asia for the last few years.

December 10, 2019

Reuters - December 10, 2019

Maikel Jefriando, Jakarta – Indonesia's central bank is working to further relax lending rules and may further trim interest rates after this year's four rate cuts, as it continues to

Jakarta Post - December 10, 2019

Marchio Irfan Gorbiano, Jakarta – President Joko "Jokowi" Widodo has said that he wants the government's microcredit program (KUR) to be channeled to more productive sectors so that th

December 9, 2019

Bloomberg - December 9, 2019

Karlis Salna – Indonesia has entered "a new norm" of historically low inflation, according to a senior central bank official, possibly portending an era of lower interest rates.

Jakarta Globe - December 9, 2019

Diana Mariska, Jakarta – Indonesia may face challenging credit conditions in the next two years due to slow GDP growth, according to an outlook on the national economy released by cred

December 6, 2019

Jakarta Globe - December 6, 2019

Jakarta – Bank Indonesia announced Friday the country's foreign reserves were down slightly to $126.6 billion in November from $126.7 billion in the previous month.

Jakarta Globe - December 6, 2019

Jakarta – Indonesia and Japan have agreed on a local currency settlement deal that will allow both countries to use the rupiah and the yen to settle bilateral trade and direct investme

December 4, 2019

Coconuts Jakarta - December 4, 2019

Indonesia's Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan, one of the most senior figures in President Joko Widodo's cabinet, says he's optimistic that the rup

Jakarta Globe - December 4, 2019

Diana Mariska, Jakarta – Market segment expansion is key for financial technology, or fintech, companies to survive in Indonesia, a practitioner in the sector said on Wednesday.

November 30, 2019

Jakarta Post - November 30, 2019

Adrian Wail Akhlas, Jakarta – The disbursement of bank loans grew only 6.53 percent year-on-year (yoy) in October, the slowest pace since 2016, according to the Financial Services Auth

November 29, 2019

Bloomberg - November 29, 2019

Harry Suhartono and Tassia Sipahutar – Fears among retail investors about some of their mutual-fund investments have triggered a sell-off in Indonesian stocks, with the nation's benchm

Reuters - November 29, 2019

Maikel Jefriando and Tabita Diela, Jakarta – Excess liquidity in Indonesia's banking system and weak demand for credit could lead to more bad loans, a regulatory official warned on Fri

November 22, 2019

Jakarta Post - November 22, 2019

Eisya A. Eloksari, Jakarta – Indonesia's sharia financial committee hopes to quadruple the nation's sharia bank assets over the next five years.

November 21, 2019

Jakarta Globe - November 21, 2019

Dion Bisara, Jakarta – Bank Indonesia, the country's central bank, decided on Thursday to keep its benchmark interest rate at 5 percent, ending a series of cuts in the past four months

Jakarta Post - November 21, 2019

Riska Rahman, Jakarta – Bank Indonesia (BI) decided to maintain the seven-day reverse repo rate on Thursday at 5 percent after it cut the key rate by 25 basis points (bps) in October i

November 15, 2019

Tempo - November 15, 2019

Muhammad Hendartyo, Jakarta – Bank Indonesia (BI) noted the state's foreign debt at the end of the Q3/2019 was US$395.6 billion; comprising of US$197.1 billion government and central b

November 13, 2019

Jakarta Post - November 13, 2019

Jakarta – The government plans to reduce the annual interest rate for its microcredit program (KUR) from 7 percent to 6 percent per year starting Jan. 1, 2020.

Jakarta Post - November 13, 2019

Riska Rahman, Jakarta – Indonesia's Islamic finance rank has improved exponentially this year, but challenges remain to further develop the sharia economy.

November 8, 2019

November 7, 2019

Jakarta Post - November 7, 2019

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange (forex) reserves rose to US$126.7 billion in October, the highest level in 20 months, driven by the government's global b

November 6, 2019

Reuters - November 6, 2019

Jakarta – Indonesian President Joko Widodo on Wednesday urged bank executives to help stimulate the economy with cuts in lending rates and loans to small and medium firms, as authoriti

Jakarta Globe - November 6, 2019

Beritasatu TV, Jakarta – President Joko "Jokowi" Widodo has asked Indonesian banks to cut their lending rates to accelerate growth after Bank Indonesia, the central bank, gradually low

November 1, 2019

Jakarta Globe - November 1, 2019

Farid Firdaus, Jakarta – The central bank has assured businesses that it is committed to deploying all monetary and macroprudential instruments at its disposal to maintain growth in th

October 31, 2019

Jakarta Globe - October 31, 2019

Primus Dorimulu, Jakarta – The Indonesia Stock Exchange has seen the fastest growth in Asia over the past five years and gained 42 new listings so far this year, bringing the total to

October 30, 2019

Jakarta Globe - October 30, 2019

Diana Mariska, Jakarta – Most middle-class Indonesians still have a low level of financial literacy, security and inclusion compared with their peers in the Asia-Pacific region, a new

October 24, 2019

Jakarta Globe - October 24, 2019

Jakarta – Bank Indonesia, the country's central bank, has cut its benchmark interest rate by 25 basis points to 5 percent, the fourth time it has done so in the past four months, in an

Channel News Asia - October 24, 2019

Jakarta – Indonesia's central bank cut interest rates for the fourth month in a row on Thursday (Oct 24) as Southeast Asia's biggest economy looks to counter slowing global growth.

October 22, 2019

Jakarta Post - October 22, 2019

Jakarta – The rupiah continued to gain ground against the US dollar on Tuesday following news reports that President Joko "Jokowi" Widodo has picked a number of professional figures fo

October 2, 2019

Jakarta Globe - October 2, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati has called on Indonesian companies to exercise caution and be wary of the risk of default amid potential for a global economic slowdown

September 30, 2019

Bloomberg - September 30, 2019

Harry Suhartono and Tassia Sipahutar – Foreign investors pared their holdings of Indonesian stocks as escalating political demonstrations added to worries of a slowdown in Southeast As

September 26, 2019

Jakarta Post - September 26, 2019

Riska Rahman, Jakarta – Foreign investors are preferring Indonesian bonds over stocks amid signs of slowing global economic activities, Financial Services Authority (OJK) data shows.

September 24, 2019

Jakarta Post - September 24, 2019

Jakarta – The Deposit Insurance Corporation (LPS) announced on Tuesday a cut in its guaranteed interest rates for both rupiah and foreign currency-denominated savings and deposits foll

Jakarta Post - September 24, 2019

Riska Rahman and Prima Wirayani, Jakarta – The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX) fell sharply in Tuesday's trading as protests against

September 20, 2019

Jakarta Globe - September 20, 2019

Abdul Aziz, Jakarta – Foreign investors owned 45.83 percent of Indonesian government securities as of Tuesday, the highest in history, according to data from the Ministry of Finance.

Jakarta Globe - September 20, 2019

Jakarta – Bank Indonesia, the country's central bank, continues its dovish monetary stance by cutting its benchmark interest rate by a further 25 basis points to 5.25 percent on Thursd

September 6, 2019

Jakarta Post - September 6, 2019

Marchio Irfan Gorbiano, Jakarta – Indonesia's foreign exchange (FX) reserves increased to US$126.4 billion in August, the most since February last year, prolonging an upward trend that

September 2, 2019

Jakarta Post - September 2, 2019

Jakarta – The Indonesian currency gained slightly against the US dollar on Monday despite a decline in share prices in regional markets amid fears of an escalation in the trade war bet

August 22, 2019

Reuters - August 22, 2019

Maikel Jefriando, Tabita Diela, Jakarta – Indonesia's central bank, hoping it can spur faster growth at home despite a global slowdown, surprisingly cut its key interest rate for a sec

August 19, 2019

Dili Weekly - August 19, 2019

Paulina Quintao – Member of the Commission D (Economic and Development issues) of the National Parliament, MP Mariano Assanami Sabino said the banking system in Timor-Leste is too weak

August 15, 2019

Jakarta Post - August 15, 2019

Marchio Irfan Gorbiano, Jakarta – Indonesia's external debt level was up about 10 percent year-on-year (yoy) in the second quarter due to a significant increase in government net borro

August 12, 2019

Jakarta Globe - August 12, 2019

Faisal Maliki Baskoro, Jakarta – Indonesia's financial regulator has set a target of 5 million domestic investors in the country's financial market by 2021 to reduce reliance on foreig

August 9, 2019

Jakarta Post - August 9, 2019

Marchio Irfan Gorbiano, Jakarta – Indonesia posted a balance of payments deficit in the second quarter of this year amid heightened demand for foreign exchange as a result of dividend

August 1, 2019

Reuters - August 1, 2019

Jakarta – Indonesia plans to relax bank merger rules to encourage more consolidation in the sector in Southeast Asia's biggest economy crowded with dozens of small lenders, a senior of