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Business 6 years ago
Government suspends licensing for new savings, loan cooperatives amid liquidity bind
The decision was made after customers of savings and loan cooperative KSP Indosurya Cipta sought help from lawmakers to address the organization’s failure to return a total of Rp 10 trillion (US$707.51 million) to 8,000 customers.
World 6 years ago
COVID-19: Indonesia suspends visa-free policy, expands ban for people from worst-hit countries
Starting Friday, Indonesia will suspend its visa exemption policy and bar people who have traveled to Iran, Italy, the Vatican, Spain, France, Germany, Switzerland and the United Kingdom in the last 14 days from entering or transiting in Indonesia.
Business 6 years ago
Trading halted third time in week as stocks touch 5-year low, rupiah breaks Rp 15,000 to dollar
Indonesian stocks hit circuit breakers for the third time in the past week on Tuesday, touching levels unseen since 2015 as the rupiah surpassed the psychological threshold of Rp 15,000 to the United States dollar in the ongoing coronavirus-driven global market rout.
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