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Banking & Finance

Displaying 1 - 25 of 451 Documents

February 26, 2021

Tempo - February 26, 2021

Muhammad Hendartyo, Jakarta – The Finance Ministry recorded the government debt stood at Rp6,233.14 trillion at the end of January 2021.

February 18, 2021

Nikkei Asia - February 18, 2021

Shotaro Tani, Jakarta – Indonesia's central bank lowered its benchmark interest rate for the first time in three months and lowered its growth outlook for this year, as the country cont

February 16, 2021

Nikkei Asia - February 16, 2021

Shotaro Tani, Jakarta – Indonesian President Joko Widodo on Tuesday named the head of a domestic bank to lead the country's planned $15 billion sovereign wealth fund.

February 12, 2021

East Asia Forum - February 12, 2021

Kyunghoon Kim, KCL – Indonesia is establishing a sovereign wealth fund (SWF) in the coming weeks.

January 25, 2021

Jakarta Globe - January 25, 2021

Novy Lumanauw & Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo recently announced Indonesia will soon have its largest Islamic bank, Bank Syariah Indonesia or BSI, to

January 21, 2021

Reuters - January 21, 2021

Jakarta – Indonesia's central bank kept key interest rates unchanged at a record low on Thursday, as expected, holding fire after providing a bout of monetary stimulus last year to supp

January 8, 2021

Jakarta Post - January 8, 2021

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange reserves reached its second-highest annual record in December 2020, rising to US$135.9 billion, driven by tax collection and t

December 15, 2020

Jakarta Post - December 15, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose to US$413.4 billion in October driven by higher borrowings by the private sector and the government, Bank Indonesia (BI) anno

December 10, 2020

Jakarta Post - December 10, 2020

Riska Rahman, Jakarta – The Asian Development Bank (ADB) has approved a US$500 million loan to support Indonesia's effort to expand access to funding for micro, small and medium enterpr

December 8, 2020

Jakarta Post - December 8, 2020

Riska Rahman and Arya Dipa, Jakarta/West Java – The Financial Services Authority (OJK) expects the newly passed Job Creation Law to help spur the issuance of municipal bonds and sukuk a

November 27, 2020

Jakarta Post - November 27, 2020

Riska Rahman, Jakarta – Fundraising on the Indonesian stock market is expected to increase next year, Deloitte Indonesia has said, as more small and medium enterprises (SMEs) and state-

November 17, 2020

Jakarta Post - November 17, 2020

Adrian Wail Akhlas, Jakarta – Foreign debt has risen in the third quarter of the year, due to the government's samurai bond issuances and borrowed funds from multilateral organizations

November 16, 2020

Jakarta Post - November 16, 2020

Yunindita Prasidya, Jakarta – Blue chip stocks, or the so-called big caps, will benefit from foreign capital inflow, seen by the local stock exchange following the United States electio

October 30, 2020

Jakarta Post - October 30, 2020

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo said he aimed to realize the full potential of the country's sharia financial industry by merging state-owned sharia banks,

October 16, 2020

Jakarta Post - October 16, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose by the end of August as the government borrowed funds from multilateral organizations to cover the country's fiscal deficit,

October 15, 2020

Nikkei Asia - October 15, 2020

Toru Takahashi, Bangkok – While a so-called omnibus law has sparked ongoing protests in Indonesia, another move shows President Joko Widodo's government and the legislature trying to tu

October 14, 2020

Jakarta Post - October 14, 2020

Riska Rahman, Jakarta – The government has started the process of merging three state-owned banks' sharia subsidiaries, creating the country's biggest sharia bank and one of the top-10

October 13, 2020

Jakarta Globe - October 13, 2020

Dion Bisara, Nida Sahara, Jakarta – The State-Owned Enterprises Ministry seeks to merge three Islamic banks under the state-controlled lenders to establish a new $14.5 billion entity th

October 7, 2020

Jakarta Post - October 7, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves dropped by US$1.8 billion in September to $135.2 billion, mainly due to the government's foreign debt payment

October 5, 2020

Jakarta Post - October 5, 2020

Yunindita Prasidya, Jakarta – The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulation in lieu of law (Perppu) on financial system reform m

October 2, 2020

Jakarta Globe - October 2, 2020

Arnoldus Kristianus, Jakarta – The government has projected that Indonesia's debt to gross domestic product ratio, a gauge for the country's ability to pay off its debt, to increase to

October 1, 2020

Jakarta Post - October 1, 2020

Adrian Wail Akhlas, Jakarta – Indonesia is looking to raise Rp 5 trillion (US$337 million) from a new series of government retail bonds, the Finance Ministry announced on Tuesday, as it

September 18, 2020

Jakarta Post - September 18, 2020

Riska Rahman, Jakarta – State-owned banks have collectively disbursed Rp 88 trillion (US$5.94 billion) in working capital loans using funds placed in them by the government, with almost

September 17, 2020

Jakarta Post - September 17, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's accumulated debt to fund the COVID-19 fight and falling tax revenue will weaken its "debt affordability" and may deteriorate its credit quality

Jakarta Post - September 17, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has decided to leave its interest rate unchanged to safeguard financial market stability as the current coronavirus-induced economic do