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Business 5 years ago
Explainer: BI to throw lifeline to Indonesia’s economy to fight COVID-19
Government Regulation in Lieu of Law (Perppu) No. 1/2020 stipulates that the government can issue bonds to fund COVID-19 relief efforts to be offered to Bank Indonesia (BI), state-owned enterprises (SOEs), corporate investors and retail investors.
Business 5 years ago
Indonesia to issue bonds to rescue businesses affected by COVID-19
Secretary to the coordinating economic affairs minister, Susiwijono Moegiarso, said Thursday the government would issue a government regulation in lieu of law (Perppu) to facilitate a plan to help businesses struggling as a result of the coronavirus.
Business 6 years ago
Bank BJB to offer Rp 500b in bonds to expand loan disbursement
Publicly listed Bank Pembangunan Daerah Jawa Barat dan Banten (Bank BJB) will offer Rp 500 billion (US$36.74 million) worth of bonds in this year's first quarter as the first part of its second shelf-registration subordinated bonds valued at Rp 1 trillion.
Business 6 years ago
PREMIUM
Banks warned of tight liquidity, surge in bad loans in 2020
A liquidity problem will likely continue to haunt local banks, especially small and medium lenders in 2020 as many will invest their money in the government’s high-yield bonds instead of making deposits in banks, analysts have said.
