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View all search resultsJiwasraya
National 6 years ago
PREMIUM
Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs
The importance of SOEs to the country has not been matched by prudent management. A study by anticorruption watchdog Indonesia Corruption Watch (ICW) showed that SOEs ranked fifth among the most corrupt institutions in 2019, causing around Rp 1.3 trillion in state losses.
Business 6 years ago
MPR speaker meets with OJK to discuss guarantee schemes for insurance customers
People’s Consultative Assembly (MPR) Speaker Bambang Soesatyo has voiced his support for the Financial Services Authority’s (OJK) plan to create a policy guarantee agency (LPP) to protect insurance customers’ funds.
Business 6 years ago
Insurance industry posts 5.91 percent growth despite Jiwasraya debacle
The insurance industry maintained its positive performance throughout last year despite a somewhat dire outlook following revelations of serious liquidity issues facing state-owned insurer PT Asuransi Jiwasraya, according to the Financial Services Authority (OJK).
Business 6 years ago
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
