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View all search resultsworking-capital
Business 5 years ago
State-owned banks disburse $6b in working capital loans after govt fund placement
State-owned banks have collectively disbursed Rp 88 trillion (US$5.94 billion) in working capital loans using funds placed in them by the government, with almost all of the banks reaching their credit channeling target.
Business 5 years ago
Tourism Minister proposes further tax cuts, additional loans for hard-hit industry
Tourism and Creative Economy Minister Wishnutama Kusubandio has proposed a full exemption from corporate income tax for all firms in the tourist and creative economy sectors, as well as the provision of additional working capital loans, to aid the hard-hit industry during the global health crisis.
Business 5 years ago
Business players demand Rp 625t in additional stimulus
Indonesian business players are demanding the government provide an additional stimulus package of Rp 625.1 trillion (US$44.6 billion) in working capital to help them cope with pandemic-induced economic strains, the Indonesian Employers Association (Apindo) has said.
