(Bloomberg) — Indonesia’s central bank will require lenders to disburse at least 30% of their loans to small companies, part of a broader effort to revive slow credit growth that’s stalled the economic recovery. Banks must allocate at least 20% of their total loans to micro, small and medium enterprises next year, with the proportion […]
Read MoreJAKARTA: Indonesia’s central bank has issued new rules making it easier for banks to meet requirements on supporting small and medium business, in a measure also aimed at bolstering an economic recovery from the COVID-19 pandemic, it said in a statement. The new rules replaced a 2015 regulation mandating banks to provide 20 per cent of their […]
Read MoreFor developing countries, as we are still bolstering vaccinations and our stimulus is not as big as developed countries, we have to recover, be stronger and more resilient, as well as create various reforms. Jakarta (ANTARA) – Bank Indonesia (BI) Governor Perry Warjiyo underlined the importance of establishing strong economic resilience in Indonesia in order […]
Read MoreJAKARTA : Indonesia’s annual inflation rate edged up in August to 1.59per cent, the highest in three months, still holding below the central bank’s target range, data from the country’s statistics bureau showed on Wednesday. A Reuters poll had expected an August rate of 1.60per cent. Indonesia’s inflation rate has been below the central bank’s […]
Read MoreJakarta (ANTARA) – The Indonesian government and the House of Representatives (DPR) have agreed to raise the lower limit of the national economic growth target for 2022 to 5.2 percent, from five percent earlier, according to Finance Minister Sri Mulyani Indrawati. The government and DPR reached the agreement during a working meeting to discuss the […]
Read MoreJakarta (ANTARA) – Bank Indonesia has forecast 0.01 percent monthly inflation in August 2021 in view of the price development of cooking oil, tomato, chicken egg, and cigarette. “With that development, the year-to-date inflation is projected to be around 0.82 percent while the year-on-year inflation will be around 1.57 percent for August 2021,” executive director […]
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Thailand
