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Economy 9 months ago
US is the biggest recipient of Chinese loans, study shows
The report, published on Tuesday by AidData, a research lab at US university William & Mary, said China's lending and grant giving totalled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023.
Regulations 10 months ago
PREMIUM
Finance Ministry to offer low-interest loans for regional projects
The scheme will offer interest rates as low as 0.5 percent to regional administrations with eligible projects and will be channeled through state-owned infrastructure financing firm PT Sarana Multi Infrastruktur (SMI).
Regulations 10 months ago
PREMIUM
New government lending scheme potential ‘risk’ for fiscal discipline
A new regulation allowing regional administrations and region- or state-owned enterprises (SOEs) to borrow money from the central government entails opportunities for local authorities but also poses risks to fiscal discipline, economists say.
Markets 10 months ago
PREMIUM
BI pauses after three consecutive rate cuts, but open to more
Bank Indonesia has kept its benchmark interest rate in place after decreasing it by 25 basis points (bps) in each of the past three months, but the central bank is open for further cuts to encourage lending and push economic growth to its true potential.
Economy 10 months ago
PREMIUM
Govt gunning for high GDP growth from this quarter onward
The government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.
Economy 11 months ago
PREMIUM
BI presses banks to speed up lending as undisbursed loans hit Rp 2,372t
Bank Indonesia reveals that Rp 2,372.1 trillion in approved bank loans remains unused as of August, warning that sluggish credit expansion, with just 7.56 percent year-on-year growth, could weigh on GDP growth.
Academia 11 months ago
PREMIUM
The untold business of Indonesia's private pawnshops
While the OJK has issued a regulation to make licensing easier for private pawnshops, the government has yet to address the issues of governance, oversight and whether or not to integrate this lucrative but marginalized business so it can truly contribute to growth.
Economy 1 year ago
PREMIUM
Danantara's $10b loan move signals trust, but raises jitters over urgency
While acknowledging the inherent trust demonstrated by foreign banks in committing to such a large amount, and without collateral at that, economists have questioned the urgency of the move and cautioned about potential risks such as mismanagement and project selection.
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