Major Indonesian banks hit loan brake after last year’s frenzy
Banks are expecting their loan portfolios to grow between 10 and 12 percent this year, matching the industry-wide forecast by the Financial Services Authority.
Banks are expecting their loan portfolios to grow between 10 and 12 percent this year, matching the industry-wide forecast by the Financial Services Authority.
The writer says the Myanmar military does not care about its pariah status in global politics, and it is almost impossible to persuade them to listen to their neighbors. But there…
The latest global study illustrates the scale of the regression in the country’s fight against corruption.
The Bali provincial administration has planned to limit tourist access to mountains, saying that tourism activities have harmed their sacredness.
In just three years, Indonesia has signed more than a dozen deals worth more than $15 billion for battery and electric vehicle production in the country.
The writer says Asean has taken a balanced, neutral approach to the issue of the Ukrainian crisis despite enormous pressure from the West.
Household spending, long the backbone of the domestic economy, remains the main source of growth, contributing 2.61 percentage points to the overall GDP growth rate.
Experts have expressed hope that Indonesia, as ASEAN chair, could push significantly on the issue of Myanmar and the COC negotiations.
Industry experts have expressed support for the proposed changes but also noted that some parts could cause policy headaches in the future.
Projections show a growing divide between what analysts think the public wants in the upcoming election and what the ruling coalition is trying to achieve.