#financial services

Collection of financial services news, found 1.376 news.

Trade balance may potentially swing to surplus in 2020: BI

Indonesia's trade balance in 2020 will register a surplus in accordance with the narrowing of the deficit at the ...

OJK expedites national banking target in ASEAN region

The Financial Services Authority (OJK) has accelerated the national banking target to enter the top five banks in the ...

Rupiah's strengthening still conforms to economic fundamentals: BI

The trend of the rupiah exchange rate strengthening that has continued to occur in recent days is still in harmony with ...

Indonesia to apply rules pertaining to sovereign wealth fund

President Joko Widodo (Jokowi) confirmed that Indonesia will soon have in place rules concerning sovereign wealth fund ...

Electric, autonomous vehicles to ply on new capital city's roads

President Joko Widodo (Jokowi) confirmed that electric-powered and autonomous vehicles will ply on Indonesia's next ...

US-China trade agreement lends certainty: Finance Minister

Indonesian Finance Minister Sri Mulyani Indrawati believes the initial trade agreement between the United States and ...

Indonesia's foreign debts reached US$401.4 billion in November

Indonesia's foreign debts reached US$401.4 billion in November 2019, up 8.3 percent compared to November 2018, but ...

Ministry blocks 4,020 illegal fintech in 2018-2019

The Ministry of Communication and Information blocked at least 4,020 illicit financial tech (fintech) applications and ...

Indonesia's reputation as investment destination must be maintained

Indonesia's reputation as an investment destination, particularly that of the capital market, should be maintained, ...

BI, OJK, LPS implement integrated bank sector reporting

Bank Indonesia (BI), the Indonesian Financial Services Authority (OJK), and Deposit Insurance Corporation (LPS) agreed ...

OneConnect announces pricing of initial public offering

- OneConnect Financial Technology Co., Ltd. (OneConnect), a leading technology-as-a-service platform for financial ...

Indonesian fintech expands to South East Asian market

Indonesian financial technology (fintech) platform, Investree, is expanding its business into the South East Asian ...

Jokowi stresses on raising financial literacy to boost micro economy

President Joko Widodo (Jokowi) has put his weight behind improving financial literacy and inclusion among Indonesians ...

OJK's task force identifies 125 illicit fintechs, closes 182 entities

The Financial Service Authority’s (OJK’s) investment alert task force (SWI) detected 125 illicit financial ...

November inflation rises 0.14 percent following commodity price hikes

Indonesia's inflation rate swelled 0.14 percent in November 2019, triggered by commodity price hikes following a ...