Indonesia’s bank credit growth reaches 13.69% in third quarter
OJK chair Friderica Widyasari Dewi called it the strongest growth in 10 years, while Bank Indonesia separately reported September growth of 13.26%.
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OJK chair Friderica Widyasari Dewi called it the strongest growth in 10 years, while Bank Indonesia separately reported September growth of 13.26%.
Richard Marles said technical agreements were nearly complete, while joint-venture partners must determine the project's commercial approach.
Timor-Leste’s mining regulator says Fernandes Jianling has sold 4,700 cubic metres of sand and is paying government fees.
Sales reached Rp8.9 trillion, while the company reported a fifth consecutive quarter of volume growth.
The increase takes the policy rate to 5.50%, following September inflation of 7.2% and further weakness in the peso.
Turnover reached Rp8,958.87 billion, while MSCI’s possible reclassification of Indonesia remained under consultation.
The plan covers up to 2.41 per cent of issued shares and will proceed without approval from a general meeting of shareholders.
Lending standards are forecast to ease but remain restrictive, while banks have raised their estimate for full-year loan growth to 8.20 per cent.
Bank Indonesia is monitoring capital outflows and offering hedging incentives as it seeks to draw foreign funds back into domestic assets.
The Malaysian parent said no decision or formal proposal had been made, following reports about a possible delisting of its Indonesian subsidiary.