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State-owned banks post record-low profits amid weak demand, high provisions
Business 1 month ago

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State-owned banks post record-low profits amid weak demand, high provisions

State-owned banks had it "bad" last year because the government had ordered them to active...
[ANALYSIS] Biden presidency: Catching signs for deepening Indonesia-US trade ties
Business 1 month ago

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[ANALYSIS] Biden presidency: Catching signs for deepening Indonesia-US trade ties

Almost a week to the day since Joe Biden was inaugurated as the US president, Indonesia should take ...
[ANALYSIS] 2021 consumer spending: Will it recover solidly?
Business 1 month ago

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[ANALYSIS] 2021 consumer spending: Will it recover solidly?

Consumer spending contracted in the last two quarters of 2020 by around 4.75 percent year-on-year (y...
[ANALYSIS] Bond market investment prospects in 2021
Business 2 months ago

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[ANALYSIS] Bond market investment prospects in 2021

Since the pandemic emerged, bonds have become a preferred investment option in the domestic market....
[ANALYSIS] Dilemma between passenger increase and COVID-19 case rise
Business 2 months ago

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[ANALYSIS] Dilemma between passenger increase and COVID-19 case rise

The government is trying to minimize the occurrence of even bigger cases by reducing collective leav...
[ANALYSIS] Stimulating a recovery amid the pandemic
Business 3 months ago

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[ANALYSIS] Stimulating a recovery amid the pandemic

While there was still a contraction, this realization was better than the economic growth of Q2...
Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth
Business 4 months ago

Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth

State-owned Bank Mandiri, the country’s second-largest bank by asset value, saw its profit con...
Loan restructuring program extended until 2022
Business 4 months ago

Loan restructuring program extended until 2022

According to OJK data, as of Sept. 28, a total of Rp 904.3 trillion in loans to 7.5 million borrower...
Bank Mandiri to benefit from state-owned sharia bank merger: S&P
Business 4 months ago

Bank Mandiri to benefit from state-owned sharia bank merger: S&P

The move will combine Bank Syariah Mandiri (BSM), BNI Syariah (BNIS) and publicly listed B...
Bank Mandiri appoints Darmawan Junaidi as president director
Business 4 months ago

Bank Mandiri appoints Darmawan Junaidi as president director

Darmawan said Bank Mandiri would put expansion plans on hold amid uncertainty surrounding ...
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