3:34 pm November 25, 2014 | No Comment
Looser liquidity rules for banks in Indonesia are unlikely to have the intended effect of boosting lending growth as a simultaneous rise in interest rates at a time when the economy is slowing down will curb credit demand.
9:05 pm November 21, 2014 | No Comment
The growing portion of dollar-denominated corporate debt and foreign-owned government bonds will remain Indonesia’s biggest challenges for economic stability next year, amid the impending hike in the US Federal Reserve’s policy rate, Bank Indonesia Governor Agus Martowardojo said on Thursday.
10:09 am November 21, 2014 | No Comment
Japanese household investors are putting their money into notes linked to fluctuations in the Indonesia rupiah for the first time as unprecedented Bank of Japan stimulus drags down the yen.
9:22 am November 21, 2014 | No Comment
The amount of current accounts, savings and time deposits is forecast to grow by 13 percent to 14 percent next year as liquidity starts to improve among Indonesian lenders, according to a top official at the Deposit Insurance Corporation, or LPS.
10:59 am November 20, 2014 | No Comment
Charoen Pokphand Indonesia, the biggest animal feed producer in Indonesia, has secured a syndicated loan denominated in US dollars and rupiah that is valued at the equivalent of $400 million, as the company seeks to expand its business in Southeast Asia’s largest economy.
3:40 pm November 18, 2014 | No Comment
Australia’s top central banker on Tuesday said interest rates were likely to remain very low for some time yet, while any steps to contain over-exuberance in the housing market would be finely calibrated rather than blunt.
8:48 pm November 17, 2014 | No Comment
State financing company Permodalan Nasional Madani, also known as PNM, plans to raise Rp 500 billion ($40 million) from bond sales next month to finance to Indonesia’s small- and medium-sized enterprises, or SMEs.
7:14 pm November 16, 2014 | No Comment
Pacific Investment Management paid its former chief investment officer Bill Gross a bonus of about $290 million in 2013, a year in which his Total Return Fund trailed a majority of peers, according to documents provided by someone with knowledge of Pimco’s bonus policies.
8:16 am November 12, 2014 | No Comment
Indonesia’s financial regulator has approved Japanese finance company J Trust’s proposed purchase of Bank Mutiara, two officials said on Tuesday.
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