#financial sector

Collection of financial sector news, found 497 news.

Indonesian OJK to develop domestic bond market

The Financial Service Authority (OJK) is seeking to develop a domestic bond market to provide long term fund ...

NEC Awarded Infrastructure Project by State Bank of Vietnam

-Today, NEC Asia Pacific, a leading infocomm technology provider, together with MITEC JSC, a Vietnam solutions ...

Four new business areas open for foreign investment

Four new business areas will be open to foreign investment following the revision of the presidential regulation on ...

LPS to inject fresh capital into Bank Mutiara

The state owned Deposit Insurance Agency (LPS) has agreed to inject fresh capital into Bank Mutiara to meet the ...

Indonesia is the Main Investment Destination of PRC Investors

Indonesia has become the main investment destination of investors from People's Republic of China (PRC) for the period ...

House endorses Sutarman as national police chief

The House of Representatives (DPR) in its plenary meeting on Tuesday endorsed Commissioner General Sutarman as the ...

BNI asks Bank Indonesia to be firm in principle of reciprocity

Publicly traded lender PT Bank Negara Indonesia urged Bank Indonesia (BI) to be firm in its stand facing other ...

IFC Supports OJK in Improving Corporate Governance in Indonesia

IFC, a member of the World Bank Group, and Indonesia's financial services authority Otoritas Jasa Keuangan signed an ...

Bank Indonesia to launch e-money payment system in June

Bank Indonesia said it will start introducing transactions with electronic money (e-money) system of payments next ...

VP Boediono calls on banks to strengthen capital

Indonesia`s Vice President Boediono called on the country`s banks here on Thursday to increase their capital adequacy ...

DBS waiting for the final nod from central bank for acquisition

Singapore`s DBS Group said it hopes Bank Indonesia (BI) announced its approval for its proposal to acquire Bank ...

Indonesia can achieve 6.6 pct economic growth this year

Amid predictions of lower economic growth by international institutions, Bank Indonesia (BI) is still convinced that ...

Massive retirement fund withdrawal can cause trouble to Jamsostek: Economist

The threat by some workers to withdraw a massive amount of retirement funds in mid-January may not be fulfilled at the ...

China`s foreign trade value increases by six percent

China`s Trade Ministry has stated that China`s foreign trade value increased by only six percent in 2012 due to the ...

LeapFrog Investments Adds Two New Partners to Co-Lead Financial Services in Asia

- LeapFrog Investments has appointed two new Partners, both dedicated to growing the group's portfolio of financial ...