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Jakarta Post
The Jakarta Post
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financial-industry

LPS ‘ready’ to aid banks in liquidity troubles
Business 7 months ago

LPS ‘ready’ to aid banks in liquidity troubles

Banks with liquidity issues can now file requests for fund placement with the OJK and will be eligib...
Astra, Standard Chartered sell Bank Permata at lower price to Bangkok Bank
Business 10 months ago

Astra, Standard Chartered sell Bank Permata at lower price to Bangkok Bank

The purchasing price was changed to 1.63 times Bank Permata’s book value from 1.77 times its b...
Handling distressed nonbank financial firms
Opinion 11 months ago

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Handling distressed nonbank financial firms

The Financial Services Authority (OJK) might have the mandate as current laws place nearly all finan...
Jiwasraya scandal sends ripples through financial industry
Business 1 year ago

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Jiwasraya scandal sends ripples through financial industry

Insurance companies, investment management businessesand even cooperatives have been reportedly...
Promise of digital financial services in Southeast Asia
Opinion 1 year ago

Promise of digital financial services in Southeast Asia

The digital financial services industry holds big potential that could be unleashed if fundamental u...
New OJK official wants stronger supervision of financial industry amid insurer problems
Business 1 year ago

New OJK official wants stronger supervision of financial industry amid insurer problems

Suahasil also called for closer coordination between the OJK and the government as some state-owned ...
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