State Banks Cautious on Loan Growth Target

State Banks Cautious on Loan Growth Target

A bank teller counts money. The banking industry in Indonesia is undergoing a significant transformation driven by technological change. (Shutterstock/File) The country’s four state-owned banks are taking a cautious approach this year as they set similar loan...
Indonesia’s Trade doomed without Adaptations

Indonesia’s Trade doomed without Adaptations

French shipping line CMA CGM Otello docks at Tanjung Priok Port in North Jakarta on Apr. 23, 2017. (The Jakarta Post/Stefani Ribka) Stakeholders are worried the United States-China trade war will continue to take its toll on Indonesia after inflicting a huge blow to...
Foreign debt rises on account of strengthening rupiah

Foreign debt rises on account of strengthening rupiah

Brokers monitor the trading of bonds and other debt papers at the Bank Rakyat Indonesia Treasury building in Jakarta. (kompas.com/Hendra A Setyawan ) The strengthening rupiah in November led to an increase in Indonesia’s external debt, Bank Indonesia data has...
Indonesia to offer 10 oil, gas blocks this year

Indonesia to offer 10 oil, gas blocks this year

Oil and Gas Director General Djoko Siswanto. (Courtesy of/The Energy and Mineral Resources Ministry) Energy and Mineral Resources Ministry Oil and Gas Director General Djoko Siswanto has said the ministry plans to offer 10 oil and gas blocks in two auction phases....