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Search result with “Indonesia Banking Sector” as a keyword founded 230 news.

What We Know About Danantara, Indonesia’s Second Sovereign Wealth Fund

... Jokowi” Widodo’s administration, Indonesia founded the Indonesia Investment Authority (INA) ... of Nusantara” (archipelagic Indonesia). President Prabowo initially planned ... banking sector; Pertamina in the energy sector; PLN in electricity; Telkom Indonesia ...
Business Feb 5, 2025 | 6:29 am

Banks Face Stricter Obligations Under OJK's New Bank Secrecy Rules

... clearer procedures for disclosing confidential banking information. The regulation aligns with ... . 4 of 2023 on Financial Sector Development and Strengthening (UU P2SK ... agreements with reciprocal terms. Bank Indonesia’s tasks in monetary policy, macroprudential ...
Business Feb 4, 2025 | 2:02 pm

DPR Set to Approve Revised SOEs Law, Paving the Way for Danantara Investment Superholding

... driving growth and modernizing the sector, supporting the government's broader economic ... and sustainable approach to managing Indonesia's state-owned enterprises,” Thohir said ... company Pertamina, as well as banking giants BRI, Mandiri and BNI ...
Business Feb 3, 2025 | 5:47 pm

NOBU Shares Plunge 25% After Hanwha Life Acquisition Announcement

... the acquisition include Putera Mulia Indonesia, Star Pacific (LPLI), Prima ... expanded its footprint in Indonesia's financial sector through the acquisition of ... position in Indonesia’s financial sector, particularly in bancassurance, where banking and insurance ...
Business Jan 31, 2025 | 5:21 pm

Vietnam, Qatar to Invest in Indonesia’s Cattle Farming

... very serious” about investing in Indonesia’s cattle breeding as Jakarta seeks ... Minister Andi Amran Sulaiman. Indonesia plans to import 400,000 ... So it is the private sector that is importing live cattle ... school meals. Prabowo is banking on this free meal program ...
Business Jan 30, 2025 | 9:55 pm

BNI Disburses $60 Million Loan to WEAVE for Broadband Expansion

... . State-owned Bank Negara Indonesia (IDX: BBNI) has ... 40 million households across Indonesia. The credit agreement was ... but also demonstrates the banking sector’s role in fostering sustainable ... a statement on Thursday. Indonesia’s broadband penetration is only ...
Business Jan 30, 2025 | 11:26 am

BNI Posts $1.4 Billion Net Profit in 2024, Credit Growth Outpaces Industry

Jakarta. Bank Negara Indonesia (IDX: BBNI) recorded a net profit ... 775.87 trillion, surpassing the banking sector's average growth of 10.39 ... by liquidity incentives under Bank Indonesia’s Macroprudential Liquidity Policy (KLM). Retail ...
Business Jan 22, 2025 | 9:30 pm

Airlangga Hartarto Announces 100% Export Proceeds Deposit Requirement for Natural Resources

... exporting natural resources commodities in Indonesia for at least one year ... with Bank Indonesia, the Financial Services Authority, and the banking sector,” Airlangga said ... foreign exchange reserves, further strengthening Indonesia’s economy. The policy, as ...
Special Updates Jan 22, 2025 | 9:38 am

Indonesia to Require Commodity Exporters to Keep All Dollar Revenues in Local Banks

... new regulation aims to bolster Indonesia’s foreign exchange reserves by ... which incorporates input from Bank Indonesia, the Financial Services Authority ( ... coordination with Bank Indonesia, OJK, and the banking sector,” he said. Indonesia’s foreign exchange ...
Business Jan 21, 2025 | 6:31 pm

ADB Inks $92.6 Million Financing Deal for 83 MW Geothermal Project in W. Sumatra

... the private and public sector to work together in ... ADB’s country director for Indonesia Jiro Tominaga said. ADB ... Mizuho Bank, Sumitomo Mitsui Banking Corporation, MUFG Bank, and ... bolster energy cooperation to catapult Indonesia’s growth in a sustainable ...
Business Jan 14, 2025 | 6:56 pm

CLSA Forecasts Bank Mandiri to Overtake BRI as Indonesia’s Most Profitable Bank in 2025

Jakarta. Indonesia's banking landscape is poised for a ... overtake state-owned Bank Rakyat Indonesia (IDX: BBRI) as the ... and BCA (Rp 54.5 trillion). Indonesia’s government has set a credit growth ... provide some relief to the sector as it navigates a challenging ...
Business Jan 11, 2025 | 11:02 am

20 Indonesian Banks Shut Down in 2024 Due to Recovery Failures

... bound by the Financial Sector Development and Strengthening Law ... said OJK's Executive Head of Banking Supervision, Dian Ediana Rae, ... that most BPRs in Indonesia are in normal condition. ... their licenses revoked: BPR Arfak Indonesia, BPR Kencana, BPR Pakan ...
Business Dec 24, 2024 | 1:45 pm

Businesses Should Consider AI Private Cloud Adoption: Kyndryl

... recent project in Indonesia was helping Barito Renewables, Indonesia’s largest geothermal ... implementing AI in countries like Indonesia, Malaysia, and Thailand, where ... and telecommunications sectors. In the banking sector, for example, generative AI use ...
Business Dec 19, 2024 | 11:34 am

TBS Secures $15 Million Funding from ADB, DBS for E-Mobility

... the electric vehicle sector and energy transition in Indonesia. We all share ... Gaboury. “As ADB’s first private sector financing for the country’s e-vehicle ... Director for Institutional Banking Group of Bank DBS Indonesia. Since founding Electrum ...
Special Updates Dec 18, 2024 | 9:11 am

Tokopedia Co-Founder Joins Government as Muhaimin Iskandar's Deputy

... in areas such as financing, banking access, raw materials, and marketing ... is a prominent entrepreneur in Indonesia’s tech sector. Along with William Tanuwijaya, he ... connect buyers and sellers across Indonesia and bridge the digital divide ...
News Dec 2, 2024 | 9:13 pm

How A Second Trump Presidency Will Impact Indonesian Economy

... suppliers. This strategy could impact Indonesia’s manufacturing sector, particularly as it relates ... sectors such as finance (notably banking and insurance), mining, energy, and ...
Opinion Nov 18, 2024 | 1:59 am

Govt Continues to Boost KUR Financing for Productive Sectors

... disbursed went to the agricultural sector. KUR serves [financing] needed for ... made up 6.5 percent of the banking loans nationwide. In 2023, the ... loan rate at under 5 percent. Indonesia also wants to ramp up ...
Special Updates Nov 15, 2024 | 7:50 am

Indonesia’s Digital Economy On Track to Reach $90 Billion in 2024, Led by E-Commerce

... Utami, Country Director of Google Indonesia, said during a presentation at ... its large base.” Utami attributed Indonesia’s threefold increase in digital economy ... transformation. The country is also banking on its 64 million micro ... further growth in the sector.
Business Nov 14, 2024 | 9:50 am

Top Indonesian Bank CEO Warns Trump Presidency Could Escalate Protectionism, Slow Down Growth

... down economic growth in Indonesia. Citing analyses by BRI ... measures from China. “For Indonesia, economic growth could slow ... would inevitably have repercussions for Indonesia. Meanwhile, Royke Tumilaar, ... pressure on the domestic banking sector by 2025,” Royke said. ...
Business Nov 13, 2024 | 6:28 pm

Prabowo Signs Regulation to Write Off Rp 10 Trillion in Bad Debts for Farmers, Fishermen, and MSMEs

... farmer and fisher groups across Indonesia, today I will sign Regulation ... that the people of Indonesia respect and appreciate food ... in the palm oil sector see this as the government ... This initiative aims to reopen banking access for farmers, fishermen, ...
Business Nov 5, 2024 | 8:34 pm
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