Tuesday, August 20, 2019

Banking

Banking

Rupiah slump not caused by unchanged BI rate: Central Bank

Jakarta -- Bank Indonesia (BI), Indonesia's central bank, has rejected some reports of the current depreciation of the rupiah being caused by unchanged BI...

Government welcomes BI’s plan to attract foreign capital

Jakarta -- Coordinating Economic Minister Darmin Nasution has said the government welcomed Bank Indonesia's (BI) decision to issue Bank Indonesia certificates (SBI) with 9-month...

Singapore wants to be broker for Asian infrastructure projects

Singapore -- Singapore is seeking to take up the role as broker for infrastructure projects in Asia by mediating between the interests of investors...

Indonesia to Get Bank Data of Citizens Living in US

Jakarta -- Negotiations between Indonesia and the United States to exchange financial information are going smoothly and should be completed this year, an official...

President observes Asian Games arena in Palembang

Palembang -- President Joko Widodo (Jokowi) is on a two-day work visit to Palembang, South Sumatra, to observe the readiness of a number of...

State-owned operator to sell two more toll roads

Jakarta -- PT Waskita Toll Road, a subsidiary of state-owned construction firm PT Waskita Karya, plans to sell two more toll roads after selling...

Bankers see Go-Jek as new competitor: Survey

Jakarta -- Most Indonesian bankers see Go-Jek as an "emerging competitor" to conventional banks in the payment sector, according to a survey conducted by...

Grab Aims to Dominate Indonesian Market With Open Platform Strategy

Singapore -- Ride-hailing company Grab has launched GrabPlatform and GrabFresh to tap further into the Indonesian market, its representative said on Tuesday (10/07). Grab...

Indonesian Conglomerates-Backed Tech Fund to Be Launched in 6 Months: Minister

Jakarta -- An Indonesian tech venture capital fund backed by the country's largest conglomerates will be launched within the next six months, Communications Minister...

Garuda settles its bonds worth Rp2 trillion

Jakarta -- National flag carrier Garuda Indonesia settled its rupiah-denominated bonds worth Rp 2 trillion on Wednesday (04/07). The settlement of the bonds constituted...

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