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The Jakarta Post
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Krakatau Steel restructures record $2 billion debt to stave off bankruptcy
Business 4 months ago

Krakatau Steel restructures record $2 billion debt to stave off bankruptcy

State-owned steelmaker Krakatau Steel has received approval from its creditors to restructure its lo...
Rupiah hits two-year high, but concern grows over impact on exports
Business 4 months ago

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Rupiah hits two-year high, but concern grows over impact on exports

The rupiah, which hit a two-year high at13,639 per US dollar on Jan. 20,  further increased&nbs...
BCA acquires local arm of Dutch agriculture-focused lender Rabobank
Business 5 months ago

BCA acquires local arm of Dutch agriculture-focused lender Rabobank

This will be the second acquisition by BCA as earlier this year, the country’s biggest bank by...
Hartono brothers top 'Forbes Indonesia' list of 50 wealthiest Indonesians
Business 5 months ago

Hartono brothers top 'Forbes Indonesia' list of 50 wealthiest Indonesians

Forbes Indonesia released its list of the 50 richest Indonesians on Thursday, showing that a large p...
Indonesian banks buoyant despite sluggish economic growth
Business 6 months ago

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Indonesian banks buoyant despite sluggish economic growth

Indonesian lenders remain upbeat on profit growth next year, even though the country’s economy...
You can now tell Google Assistant to order GoFood
Science & Tech 6 months ago

You can now tell Google Assistant to order GoFood

With the help of Google Assistant, users can now order GoFood.
BCA, JCB target Indonesian holidaymakers with new credit card
Business 6 months ago

BCA, JCB target Indonesian holidaymakers with new credit card

BCA and JCB are looking to capitalize on the rising number of Indonesian holidaymakers visiting Japa...
Lending growth remains healthy despite high interest rates: Bankers
Business 6 months ago

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Lending growth remains healthy despite high interest rates: Bankers

BI cut its benchmark rate in October for the fourth consecutive month as it aims to boost lending gr...
Slight increase in October inflation rate indicates healthy purchasing power: Economists
Business 6 months ago

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Slight increase in October inflation rate indicates healthy purchasing power: Economists

Year-on-year (yoy) inflation was 3.13 percent last month, lower than the average yoy October inflati...
‘No more cakes, flowers’: Indonesian banks may escape global job cuts but not austerity measures
Business 6 months ago

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‘No more cakes, flowers’: Indonesian banks may escape global job cuts but not austerity measures

Labor market regulations in Indonesia are more rigid than in other countries of the world when it co...
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