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kssk

Indonesia's economy showing signs of improvement
Business 5 years ago

PREMIUM
Indonesia's economy showing signs of improvement

The country’s financial system remained stable in the third quarter and was expected to further support economic recovery going forward, said the KSSK.
Indonesia’s financial system at risk amid pandemic: KSSK
Business 5 years ago

Indonesia’s financial system at risk amid pandemic: KSSK

Finance Minister Sri Mulyani Indrawati said the supply-demand shock and weaker gross domestic product (GDP) outlook posed a “serious threat” to financial system stability.
Relaxed foreign ownership rule for insurers could save Jiwasraya: Experts
Business 6 years ago

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Relaxed foreign ownership rule for insurers could save Jiwasraya: Experts

The new regulation allows foreign investors to purchase a more than 80 percent stake in local insurers if they wish to add paid-up capital, but only through initial public offerings via the Indonesia Stock Exchange (IDX) and only if no domestic investors are interested.
New state agency to protect insurance holders against defaults
Business 6 years ago

New state agency to protect insurance holders against defaults

The government wants to set up an agency to back up insurance policies to ensure payouts after financial issues at some local insurers have tarnished the industry.
Government plans omnibus bill on financial system amid insurance crises
Business 6 years ago

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Government plans omnibus bill on financial system amid insurance crises

Finance Minister Sri Mulyani Indrawati said the omnibus bill on the financial system would revise regulations related to financial services.
KSSK promises 'vigilance' in anticipating impacts of US-China trade dispute
Business 6 years ago

PREMIUM
KSSK promises 'vigilance' in anticipating impacts of US-China trade dispute

The leading representatives of the Financial System Stability Committee (KSSK) said that while its latest assessment indicated financial stability, it would keep an eye on the US-China trade tensions and its potential impacts on the Indonesian economy.
Indonesia’s financial system stable in Q1: KSSK
Business 6 years ago

Indonesia’s financial system stable in Q1: KSSK

Sri Mulyani says Indonesia needs to keep alert to a number of risks, particularly from external factors, especially the possible continuing economic slowdown and the decline in volume of global trade.
National economy still faces risks in 2019: Committee
Business 7 years ago

National economy still faces risks in 2019: Committee

The Financial System Stability Committee (KSSK) has said Indonesia’s economy faces several risks this year, such as continuing trade and current account deficits and liquidity constraints.
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