#financial sector

Collection of financial sector news, found 503 news.

Indonesia, US finance ministries establish cooperation on fiscal

The Finance Ministry of Indonesia and the United States Treasury have established fiscal cooperation in order to boost ...

Excise increase not in line with public aspiration: YLKI

The governments plan to increase excise on cigarettes by about 10.54 percent next year is not in line with the ...

Indonesia's foreign debt up 6.4 pct until July

Indonesia's foreign debt grew by 6.4 percent year-on-year (yoy) until July, reaching US$324.2 billion, according to ...

Expansion of bank services can enhance financial literacy: President

President Joko Widodo said expanding bank services in the countrys remote areas would enhance peoples financial ...

President supports development of digital applications

President Joko Widodo expressed his commitment to supporting the development of digital applications to promote small ...

Govt proposes economic growth at 5.3 percent in 2017

The Indonesian government has put forth its assumption of economic growth for 2017 at 5.3 percent in the draft state ...

Economic team now strong: Coordinating minister

Indonesias coordinating minister for economic affairs Darmin Nasution said the countrys economic team was better and ...

Government urged to increase use of sharia banks

The Indonesian government should increase the use of sharia banks, particularly for state expenditure, to help grow ...

President`s take on economic crisis could differ from KSSK: Official

President Joko Widodo (Jokowi) could take a decision, which is different from the recommendation of the Financial ...

Issuers` average profit in 2015 up by 8.60 percent

Publicly listed companies in Indonesia saw their profit increasing by 8.60 percent last year compared to the previous ...

Indonesia economy predicted to grow 5.3-5.9 percent in 2017

Finance Minister Bambang Brodjonegoro predicted the countrys economy would grow 5.3--5.7 percent in 2017 to follow the ...

IsDB agrees to $824 million loan for Indonesia

The Islamic Development Bank (IsDB) Group has agreed to a US$824 million loan commitment to be extended to Indonesia ...

RI`s foreign debts up 5.7 percent in Q1

Indonesias foreign debts increased 5.7 percent to US$316 billion in the first quarter of 2016 from the same period ...

Indonesia invites financial service companies to invest in country

Indonesia has invited world financial service companies to invest in the country, Cabinet Secretary Pramono Anung said ...

Many voice discontent against government`s tax amnesty plan

The governments plan to introduce a law on tax amnesty to withdraw or repatriate funds stashed abroad has trigger ...