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The Jakarta Post
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Virgin Australia seeks A$1.4 billion government rescue loan
Business 2 days ago

Virgin Australia seeks A$1.4 billion government rescue loan

The loss-making airline has furloughed 80 percent of its 10,000 staff and is running only essential ...
Jokowi relaxes loan settlements to help small businesses cope with COVID-19 effects
Business 1 week ago

Jokowi relaxes loan settlements to help small businesses cope with COVID-19 effects

Jokowi said that the new relaxation would apply to business loans worth up to Rp 10 billion (US$619,...
Fed aims 'bazooka' at coronavirus to backstop economy
Business 1 week ago

Fed aims 'bazooka' at coronavirus to backstop economy

It marks both a massive intervention into the US economy by the central bank, and an quickly co...
World Bank approves $300m loan to improve Indonesia's financial sector
Business 1 week ago

World Bank approves $300m loan to improve Indonesia's financial sector

The World Bank has approved the disbursement of a $300 million loan to support the development ...
OJK relaxes debt payment, loan quality assessments amid COVID-19 pandemic
Business 1 week ago

OJK relaxes debt payment, loan quality assessments amid COVID-19 pandemic

Rule is expected to reduce COVID-19's economic impact on banks. 
COVID-19 stimulus: Learning from others
Opinion 1 week ago

COVID-19 stimulus: Learning from others

Besides a disruption of supply chains to and from China, lockdowns and partial lockdowns in many cou...
US Senate to seek deal on $1 trillion coronavirus economic aid package
Business 1 week ago

US Senate to seek deal on $1 trillion coronavirus economic aid package

The package is the third taken up by Congress since the coronavirus erupted in the United States.
Bank Indonesia makes push to bring street vendors to world of cashless payments
Business 3 weeks ago

Bank Indonesia makes push to bring street vendors to world of cashless payments

Bank Indonesia launched the QRIS system in August last year and officially implemented the...
ADB to provide Indonesia with $2.7b in loans to support human capital, infrastructure development
Business 4 weeks ago

ADB to provide Indonesia with $2.7b in loans to support human capital, infrastructure development

The Asian Development Bank (ADB) will provide around US$2.7 billion in loans this year to support In...
BI shifts to dovish monetary policy in 2019 to stoke growth
Business 3 months 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...
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