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View all search resultsfunding-sources
National 9 years ago
State funding for political parties will bring more harm than good: Expert
The Corruption Eradication Commission’s (KPK) recommendation that the state should cover half of the annual expenses of political parties in Indonesia has drawn criticism from a political observer, who says that such a move will not address the core problem of the parties.
Business 9 years ago
Bank Mandiri to raise Rp500b from asset-backed securities
State-owned lender Bank Mandiri is set to issue asset-backed securities worth Rp 500 billion (US$38.2 million)in the form of participant letters (EBA-SP) as part of its efforts to diversify funding sources, especially long-term ones. The issuance will be carried out in partnership with state-run secondary mortgage firm Sarana Multigriya Finansial (SMF).
