6:07 pm July 3, 2015 | No Comment
Bank Indonesia has cut its loan growth forecast for the year following slow loan demand in the first six months, the central bank's governor said on Friday.
5:26 pm July 3, 2015 | 6 Comments
Indonesia needs fiscal stimulus to boost economic growth amid a global economic slowdown, Lippo Group executives said this week.
5:23 pm July 3, 2015 | No Comment
Half a world away from the crisis unfolding in Greece, Nelly Skoufatoglou is shopping online for toilet paper, detergents, rice and olive oil to be delivered to her mother’s home near Athens.
3:48 pm July 3, 2015 | No Comment
Singapore. Holders of senior debt from Singapore's banks will have reason to breathe easy if the Monetary Authority of Singapore implements proposals to limit its statutory bail-in framework to subordinated debt.
9:37 am July 3, 2015 | No Comment
The International Monetary Fund warned on Thursday that Greece would need an extension of its European Union loans and a potentially a large debt write off if it grows more slowly than expected and economic reforms are not implemented.
7:19 pm July 2, 2015 | 7 Comments
Indonesian Energy Minister Sudirman Said has conceded that the enforcement of rupiah use in all local transactions will have to be a gradual process, in what is shaping up to be another half-baked policy by the government.
6:48 pm July 2, 2015 | 1 Comment
Indonesia’s consumer confidence dropped in June due to concerns over a shrinking job market and fears of a drop in income and business activity in the future, according to a central bank survey published on Thursday.
6:20 pm July 2, 2015 | No Comment
Japan launched a complaint against Brazil at the World Trade Organization on Thursday to challenge charges and taxes that it says illegally favor Brazilian-made goods over foreign competition, the WTO said in a statement.
5:31 pm July 2, 2015 | 4 Comments
Indonesia's lawmakers are planning to start deliberations on a new law that would address the rapid growth of smartphone-based transportation app, according to a government official.
4:50 pm July 2, 2015 | No Comment
Long lines of pensioners jostling to get into a limited number of banks opened specially to pay out retirement benefits have become a powerful symbol of the misery facing Greece and the problems mounting for Prime Minister Alexis Tsipras.
5:58 am July 2, 2015 | 36 Comments
Exasperated by the performance of his economics team, Indonesia’s president has personally taken on the job of promoting Southeast Asia’s largest economy to skeptical investors, said palace officials and economists.
4:09 pm July 1, 2015 | No Comment
Greece was appealing to its euro zone partners and the European Central Bank on Wednesday to keep it afloat after defaulting on its debt to the International Monetary Fund and losing frozen international bailout money.
3:49 pm July 1, 2015 | No Comment
Growth in China’s services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia’s largest economies despite sluggish factory growth.
2:57 pm July 1, 2015 | 2 Comments
The Social Security Administration Body for Employment, or BPJS Ketenagakerjaan, fully operate starting today, exerting more power in protecting rights of employees at work, which also enable the body to capture millions more of workers unprotected under the mandatory universal pension program.
1:59 pm July 1, 2015 | 8 Comments
Indonesia's foreign tourist arrivals in May rose 5.47 percent from a year earlier, after increasing 3.24 percent in April, the statistics bureau said on Wednesday.