The non-performing loan ratio in the construction sector as of February 2020 reached 9.4 percent.
ADB agreed to provide a loan worth US$ 300 million to PT Geo Dipa Energi.
This stimulus, hopefully, can boost Indonesia’s economy in the New Normal era.
The increase in non-performing loans prompts the rising of bank credit write-offs.
BP Jamsostek’s claim surge will expectedly occur at the end of May 2020.
Softbank CEO Masayoshi Son vows to be more selective in investing.
Around 26 companies held an IPO in Indonesia throughout January-April 2020.
State-owned banks are anticipating risks that can arise from anchor bank assignments.
The government argues that the premium increases are to maintain the sustainability of the BPJS Kesehatan program.
Seven large banks qualify as anchor banks since Indonesian citizens or legal entities owned 51 percent of their shares.