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Indonesia Still Worries on US, China Trade War

JAKARTA (TheInsiderStories) - In the midst of improving the domestic financial system, the Indonesian Financial System Stability Committee (FSSC) remains wary of potential widening...

Indonesia’s Bumiputera Realigned President Director Desk

JAKARTA (TheInsiderStories) – Indonesian insurance company, PT AJB Bumiputera 1912 has realigned the management structure by terminating President Director Sutikno Sjarif, after the Financial Services Authority (FSA)...

Indonesia’s Bank Danamon Releases Bonds of US$138M

JAKARTA (TheInsiderStories) - PT Bank Danamon Indonesia Tbk (IDX: BDMN) which owned by The Bank of Tokyo Mitsubishi UFJ (MUFG) released bonds of US$138.9 million...

Indonesian Sharia Assets Reached US$90.95B

JAKARTA (TheInsiderStories) - The development of the Indonesian sharia capital market showed a positive performance in the past four years. Since 2015, total sharia assets...

BCA Offically Buys Bank Royal Shares for US$71.42M

JAKARTA (TheInsiderStories) - One of the largest bank in the country, PT Bank Central Asia Tbk (IDX:BBCA) joined with its subsidiary PT BCA Finance,...

Indonesian Bourse Facilitates Stocks Triparty Repo

JAKARTA (TheInsiderStories) – Indonesia Clearing and Guarantee Corporation (ICGC) issued triparty repurchase agreement regulation to market players. The agency will be the third party...

Policy Review: Govt. Affirms Cap on Foreign Ownership in Insurers

JAKARTA (TheInsiderStories) - Indonesia has enacted regulation on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a...

Pressure on Indonesian Rupiah May Hit Banks’ Performance

JAKARTA (TheInsiderStories) - Indonesian bank industry is facing potential risk of outflows from the country's stocks and bonds due to recent volatility of rupiah currency,...

Card Chip Migration Burdens Banks’ Operational Costs

JAKARTA (TheInsiderStories) - A series of ATM-skimming attacks in a number of cities across the country has forced Indonesian banks to allocate more budget to...

FSA to Impose Additional Capital for Top Banks

JAKARTA (TheInsiderStories) - Indonesia's Financial Services Authority (FSA) will impose additional capital for systemically important banks (SIBs) based on their size, interconnectedness with the financial...

Smartag Signs Agreement to Provide Fintech Solutions to Rural Indonesia

JAKARTA (TheInsiderStories) -Smartag International, Inc. (OTC Markets: SMRN) announce that on Feb. 27, entered into a joint venture agreement with PT Supratama Makmur Sejahtera (PTSMS), an...

AJB Bumiputera Rescue Faces Unwind

JAKARTA (TheInsiderStories) - Still hanging in the balance, the restructuring of Indonesia’s troubled AJB Bumiputera 1912 mutual insurance company has raised hard questions about...