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Business 6 years ago
PREMIUM
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 considered a “sweetener” to the economy, but doubts remain as to whether banks will immediately lower their requirements or if the policy will boost car and house sales, which are expected to jack up slower domestic consumption growth.
City 7 years ago
Police arrest two alleged masterminds of motorcycle theft group
“Whenever the group wanted to steal motorcycles, Dendi usually provided the group with some tools, such as T-handle wrenches and sharp weapons. He also provided motorcycles for the group and arranged the people who would buy the motorcycles,” Jakarta Police spokesman Sr. Comr. Argo Yuwono said on Friday.
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