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The Jakarta Post
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BI shifts to dovish monetary policy in 2019 to stoke growth
Business 1 month ago

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BI shifts to dovish monetary policy in 2019 to stoke growth

The central bank lowered its policy rate, the seven-day reverse repo rate, four times...
Jokowi wants more microcredit disbursements to productive sectors
Business 2 months ago

Jokowi wants more microcredit disbursements to productive sectors

The government has raised the value ceiling of microcredit to be disbursed in 2020 to Rp 190 trillio...
Banks suffer liquidity problem as infrastructure projects soak up funds
Business 3 months ago

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Banks suffer liquidity problem as infrastructure projects soak up funds

Due to the country's shallow financial market, construction firms are turning to banks to seek f...
SMI looks to increase financing for local governments to reduce dependence on state budget
Business 4 months ago

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SMI looks to increase financing for local governments to reduce dependence on state budget

Few local governments have taken advantage of the financing opportunities provided by SMI,...
BI’s relaxed down payment policy gets cool response from banks, developers
Business 5 months ago

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BI’s relaxed down payment policy gets cool response from banks, developers

Bank Indonesia's (BI) relaxed down payment regulations for vehicle loans and mortgages could be ...
Councilors required to use letters of appointment to get bank credit
City 5 months ago

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Councilors required to use letters of appointment to get bank credit

To apply for credit, legislators have to submit a copy of their appointment letters as an administra...
AIIB to approve $500m loan for PLN power transmission improvement
Business 5 months ago

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AIIB to approve $500m loan for PLN power transmission improvement

The US$500 million loan will go to the Indonesia PLN East Java and Bali Power Distribution Strengthe...
BNI’s net profits grow 2.7 percent in first semester
Business 7 months ago

BNI’s net profits grow 2.7 percent in first semester

Total lending rose 20 percent to Rp 549 trillion year-on-year in the first half of this year.
AIIB welcomes 100th member, channels $8.5b in four years
Business 7 months ago

AIIB welcomes 100th member, channels $8.5b in four years

As of Saturday, the Beijing-based multilateral development bank officially has 100 members with the ...
AIIB holds summit, commits to funding Indonesian infrastructure projects
Business 7 months ago

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AIIB holds summit, commits to funding Indonesian infrastructure projects

The Asian Infrastructure Investment Bank (AIIB) is ready to help Indonesia develop its infrastructur...
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