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debt

Debt switching and the complex dynamics of BI's independence

Academia 1 year ago

PREMIUM
Debt switching and the complex dynamics of BI's independence

The law restricts the government from conducting debt switches without following specific procedures, such as initial offerings in the primary market.

Budget deficit may cross 3 percent threshold on costly programs

Regulations 1 year ago

PREMIUM
Budget deficit may cross 3 percent threshold on costly programs

The Prabowo administration's first 100 days indicate a potential for accelerated debt accumulation to help finance the President's free meals and housing programs, economists say, pointing to a fine balance between spending and revenue generation in the coming years to 2029.

How e-commerce transactions, utility bills affect credit scores: OJK

Regulations 1 year ago

PREMIUM
How e-commerce transactions, utility bills affect credit scores: OJK

The Financial Services Authority (OJK) has explained new rules for innovative credit scoring (ICS) to assess the creditworthiness of people and small businesses that lack traditional credit histories.

2024 budget deficit smaller than anticipated

Economy 1 year ago

PREMIUM
2024 budget deficit smaller than anticipated

Last year’s budget closed with a deficit of Rp 507.8 trillion (US$31.34 billion), 2.29 percent of the country’s gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati revealed in a press conference on Monday.

The urgency of global debt reform

Academia 1 year ago

PREMIUM
The urgency of global debt reform

The outlook for emerging and developing economies appears increasingly bleak.

Prabowo inks regulation to cancel debts of farmers, fishermen

Regulations 1 year ago

PREMIUM
Prabowo inks regulation to cancel debts of farmers, fishermen

President Prabowo Subianto has inked a regulation on debt relief for individuals and micro, small and medium enterprises (MSMEs) engaged in farming, fishing and plantation sectors.

Palm oil conference overshadowed by damaging information

Academia 1 year ago

PREMIUM
Palm oil conference overshadowed by damaging information

Allowing such negative information to linger on could validate the perception as to just how bad has been the public-sector and corporate governance of the country’s natural resources, notably the lucrative palm oil industry.

Is Sritex too big to fail?

Editorial 1 year ago

PREMIUM
Is Sritex too big to fail?

The idea of the state using taxpayer funds to save a private textile company is problematic for a number of reasons, and the desire to save jobs is a weak argument to justify such a move.

Boeing plans to raise over $15 billion in capital as early as Monday: Source

Companies 1 year ago

Boeing plans to raise over $15 billion in capital as early as Monday: Source

Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital, a source briefed on the matter told Reuters.

Serge Gainsbourg Paris home in receivership one year after opening

Entertainment 1 year ago

Serge Gainsbourg Paris home in receivership one year after opening

Reservations are booked through the end of the year to visit the singer's home on Paris' Left Bank immaculately preserved with Gainsbourg's weird and wonderful bric-a-brac exactly as he left it when he died in 1991

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