Indonesia
Foreign banks to be allowed up to 90% share in Indonesia local banks
But approval will be selective, according to the Deputy Governor of Bank Indonesia, Muliaman Hadad.
Foreign banks to be allowed up to 90% share in Indonesia local banks
But approval will be selective, according to the Deputy Governor of Bank Indonesia, Muliaman Hadad.
Indonesia's local mining industry faces monthly loss of US$164m
New ruling on mineral ore exports on top of a 20% tax has led to severe declines in the industry.
Bank of Indonesia struggles to keep the rupiah stable
The rupiah is currently the worst performing currency in SE Asia having depreciated by 4% against the US dollar.
Why is Indonesia facing further funding risks?
Its April trade balance dipped into a $641bn deficit and could put the country's funding flows in a bind.
Bank of Indonesia focus now on stability, not growth
The sudden shift in the central bank's position came in response to the worsening Eurozone debt crisis.
Bank Indonesia eyeing to increase US dollar liquidity
Bank Indonesia is introducing foreign currency-denominated term deposits to stabilize the rupiah which had declined by 3.9% year-to-date.
Indonesia GDP slips to 6.3%
But this should be viewed positively as it translated to a 0.7% qoq seasonally adjusted increase, says OCBC.
Indonesia's energy subsidy a boon to public finance?
Reforms in fuel and electricity subsidies could free up funds for a much needed investment in physical and human capital.
Indonesia's Current Account falls in deficit
Analyst said monthly trade data suggest this has likely continued in 1Q12.
Why is the Indonesian household sector so resilient?
Private consumption will only ease slightly to 4.5% in 1Q12 as consumer loans and retail sales remain fairly brisk.
AsiaPac passenger traffic up in February
Beijing leads the highest passenger growth at 5.9 million in the region.
Indonesia could face small current account deficit this year
A shortfall in revenue is looming even as the Federal Reserve promises low rates until 2014, says DBS.
Phillips Securities sees positive outcome in Danamon acquisition
DBS has the funding capabilities to increase Danamon’s growth.
Indonesia's sovereign upgrade triggers heavy windfalls
Moody's lists down the far-reaching boons of their recent lifting of Indonesia to investment grade.
Worried about the Indonesian Rupiah?
Find out why investors in the IDR bond market are treading with care.
Fuzzy regulations not helping the Indonesian coal sector
Strong growth is already locked in and a clearer regulatory framework would only provide more push, said Fitch.
Is Bank of Indonesia's surprise rate cut worrisome?
The unexpected 25bps rate cut raises alarms that inflationary risks are being underestimated, says OCBC.
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