APSN Banner

Banking & Finance

Displaying 401 - 450 of 650 Documents

October 24, 2019

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.

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

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

July 23, 2019

Jakarta Globe - July 23, 2019

Aichi Halik & Dion Bisara, Jakarta – The Indonesian Ombudsman asked the central bank and the country's financial regulator on Monday to launch an in-depth investigation into abnorm

July 18, 2019

Jakarta Globe - July 18, 2019

Jakarta – Bank Indonesia cut its benchmark interest rate by 25 basis points to 5.75 percent on Thursday in anticipation of expected policy easing by the United States and other develop

July 15, 2019

Jakarta Post - July 15, 2019
Jakarta – Indonesia's foreign debt grew 7.4 percent year-on-year (yoy) in May to US$386.1 billion, a slowdown from the 8.8 percent yoy growth recorded in April, according to Bank Indonesia
Jakarta Post - July 15, 2019

Jakarta – The rupiah strengthened 0.54 percent to 13,932 per US dollar at 12: 15 p.m. on Monday from 14,008 on Friday.

July 12, 2019

Jakarta Post - July 12, 2019

Jakarta – The rupiah weakened against the US dollar on Friday, with the exchange rate standing at Rp 14,085 per US dollar on the spot market at 10 a.m., 0.12 percent lower than its pos

July 4, 2019

Jakarta Post - July 4, 2019

Jakarta – The government is to start fining people who violate a new regulation intended to force exporters to keep their foreign exchange earnings from natural resources in the Indone

June 28, 2019

Jakarta Post - June 28, 2019

Riska Rahman, Jakarta – The stock market and the rupiah showed no significant reaction on Friday morning to the Constitutional Court's ruling approving the reelection of President Joko

June 24, 2019

Jakarta Post - June 24, 2019

Riska Rahman, Jakarta – The Indonesian Public Accountant Institute (IAPI) has asked that state-owned airline PT Garuda Indonesia restate its 2018 financial report.

June 20, 2019

Reuters - June 20, 2019

Gayatri Suroyo, Maikel Jefriando, Jakarta – Indonesia's central bank held its policy interest rate unchanged on Thursday, but moved to cut the reserve requirement for banks and said it

June 13, 2019

Jakarta Globe - June 13, 2019

Jakarta – Indonesia's foreign exchange reserves fell to their lowest level in four months at the end of May, after the government serviced its external debt.

June 10, 2019

Jakarta Post - June 10, 2019

Marchio Irfan Gorbiano, Jakarta – Indonesia booked month-to-month (mtm) inflation of 0.68 percent in May, higher than the 0.44 percent registered in April, as an uptick in demand durin

Jakarta Post - June 10, 2019

Jakarta – After upgrading Indonesia's sovereign rating to BBB from BBB- with stable outlook, Standard & Poor's (S&P) Global Ratings has also looked into the long-term debt rati

May 31, 2019

Jakarta Globe - May 31, 2019

Jakarta – Global rating agency Standard & Poor's has raised Indonesia's sovereign credit rating by a notch on Friday, just a week after the re-election of reform-minded President J

May 29, 2019

Jakarta Post - May 29, 2019

Jakarta – The Jakarta Composite Index (JCI) strengthened 61.93 points to 6,095.07 before the morning trading session closed at midday on Wednesday but the rupiah weakened as the United

May 28, 2019

Jakarta Post - May 28, 2019

Jakarta – Bank Indonesia (BI) has acknowledged that the rupiah exchange rate against the US dollar was still affected by external factors, particularly negotiations between the United

May 23, 2019

Jakarta Post - May 23, 2019

Jakarta – The Jakarta Composite Index (JCI) rose to 6,029.58 in the first trading session on Thursday, 1.51 percent or 89.95 points higher than its position the previous day, after sec

May 20, 2019

Jakarta Post - May 20, 2019

Jakarta – The rupiah's depreciation continued on Monday, when it fell to 14,478 to the United States dollar from Rp 14,469 on Friday.

May 17, 2019

Jakarta Post - May 17, 2019

Bambang Nurbianto, Jakarta – The Finance Ministry announced that the state budget deficit had reached Rp 101 trillion (US$6.97 billion) as of April this year, compared to the deficit o

May 14, 2019

Jakarta Post - May 14, 2019

Jakarta – The rupiah is moving toward Rp 15,000 per United States dollar as it was quoted at Rp 14,444 per US dollar or 0.57 percent lower than the previous day, according to the Jakar

Bloomberg - May 14, 2019

Tassia Sipahutar, Jakarta – Indonesian equities slumped Monday, erasing this year's gains, as foreign funds pulled out of the local market.

Jakarta Post - May 14, 2019

Jakarta – A network of credit card salespeople and bank employees have been trading the personal information of bank customers and credit card holders with each other in an effort to m

May 8, 2019

Jakarta Globe - May 8, 2019

Jakarta – Indonesia saw its foreign exchange reserves dip in April as the government continues paying off its overseas debts.

April 27, 2019

Channel News Asia - April 27, 2019

Adam Triggs, Febrio Kacaribu and Jiao Wang, Jakarta – Rising interest rates, an appreciating US dollar and tighter global financial conditions are squeezing firms and households throug

April 22, 2019

Jakarta Post - April 22, 2019

Jakarta – A Bank Indonesia survey has shown slow growth in loan demand in the first quarter of 2019, but the central bank projects faster growth in the second quarter.

April 12, 2019

Jakarta Post - April 12, 2019

Jakarta – Several banks have said they have been able to reduce the number of nonperforming loans (NPLs) in the first quarter through various measures including more selective disburse

April 8, 2019

Jakarta Post - April 8, 2019

Marchio Irfan Gorbiano, Jakarta – Foreign exchange reserves strengthened in March to US$124.5 billion, up from $123.3 billion in the previous month, on the back of improved foreign exc

March 27, 2019

Jakarta Post - March 27, 2019

Jakarta – The government has raised Rp 223.97 trillion (US$15.76 billion) from the auction of conventional and sharia government debt papers implemented along the first quarter of 2019

Jakarta Post - March 27, 2019

Fadli, Batam – Bank Indonesia (BI) in cooperation with the Indonesian Navy is distributing cash to the country's 116 outermost islands to help prevent the use of foreign currencies in

March 21, 2019

Jakarta Post - March 21, 2019

Jakarta – The rupiah was quoted at Rp 14,122 per US dollar at 10:27 a.m. on Thursday, having strengthened 0.46 percent since Wednesday, according to the foreign exchange spot market.

March 16, 2019

Jakarta Post - March 16, 2019

Jakarta – Bank Indonesia (BI) revealed on Friday that Indonesia's foreign debt reached US$383.3 billion in January a rise of 7.2 percent year-on-year (yoy) compared to January 2018, wh

March 12, 2019

Jakarta Post - March 12, 2019

Marchio Irfan Gorbiano, Jakarta – The issuance of foreign-denominated global bonds by the government has contributed to strengthening the country's foreign exchange reserve position, B

March 8, 2019

Jakarta Post - March 8, 2019

Jakarta – The rupiah exchange rate dropped to Rp 14,224 per US dollar at 10:22 a.m.