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Not Have Much Hedging Instruments, Foreign Investors Leaves Indonesia

JAKARTA (TheInsiderStories) - Chairman of Financial Service Agency (FSA), Wimboh Santoso, admitted foreign investors leaves Indonesian capital market because does not have much hedging instruments. To...

Indonesian Banking Loan Growth Stagnated in September

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the national banking loan growth almost stagnant at 0.12 percent in September compared to August, which was still grew 1.04...

12 Issuers Ready to Buyback Shares US$168M at IDX

JAKARTA (TheInsiderStories) - The Indonesia Stock Exchange (IDX) reported there are 12 public issuers are planning to buyback their shares in the secondary market with total...

Industrial Bank of Korea Injects US$67M to Bank IBK Indonesia

JAKARTA (TheInsiderStories) - Industrial Bank of Korea, the controlling shareholder of PT Bank IBK Indonesia Tbk (IDX: AGRS) has injected fresh capital to the unit worth...

Six Prospective Issuers Ready to Take Floor This Year

JAKARTA (TheInsiderStories) - The Indonesia Stock Exchange (IDX) reported there are six prospective issuer ready to take floor in this year. As of Sept. 21, said...

Indonesia Prepares Omnibus Law for Financial Sectors

JAKARTA (TheInsiderStories) - The Ministry of finance (MoF) prepared omnibus law for the financial sectors to strengthening the industry, the draft showed. The program is part of...

Indonesia’s FSA Provides Incentives for Purchasing Electric Vehicles

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) plans to give an incentives for the purchasing and credit distributions for the electric vehicle (EV) in Indonesia,...

FSA: Profit of Indonesian Banks Could Declines 40% in 2020

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) predicted that national bank profits will decline around 30 to 40 percent in this year compared to 2019,...

Indonesia’s FSA to Implements the Electronic Book-building in 2021

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) is targeting the implementation of the electronic book-building system for the initial public offering (IPO) starting next year,...

Need Capital, Indonesia’s Bank Harda Looking Strategic Investors

JAKARTA (TheInsiderStories) - A small lender, PT Bank Harda International Tbk (IDX: BBHI) is looking a strategic investors to meet the capital requirements by Indonesian regulator,...

15 Companies Ready to List Shares on Indonesian Bourse

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) reported there are 15 companies ready to list their shares in the second semester of 2020. The potential...

National Banking Loans Only Grew 1.49% in June

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) reported the Indonesian banking loans only grew 1.49 percent in June 2020 from May rose by 3.04 percent caused the...

Bank Capital Indonesia Releases New Shares to Strengthen Capital

JAKARTA (TheInsiderStories) - PT Bank Capital Indonesia Tbk (IDX: BACA) plans to issue a maximum of 20 billion new shares or equivalent to 73...

Indonesia’s FSA Revises Down Loan Growth to 4% in 2020

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) revised down the loan growth to only 4 percent in this year, far from the initial...

Bank Banten Asks Indonesian Regulator Help

JAKARTA (TheInsiderStories) - The rescue plan of PT Bank Pembangunan Banten Banten Tbk (IDX: BEKS) is entering a new phase. One option proposed by...

FSA’s Official, 13 Managers Become a New Suspects of Jiwasraya Cases

JAKARTA (TheInsiderStories) - Attorney general named deputy commissioner of Financial Services Authority (FSA), Fakhri Hilmi, and 13 investment managers as the new suspect of corruption case...

House Proposes to Expand Indonesia Deposit Agency Function

JAKARTA (TheInsiderStories) - House of Representative proposed to Indonesian government to expanded the function of the Indonesian Deposit Insurance Corporation (IDIC), local media reported today (06/24)....

Indonesia’s SRO Gives Stimulus for Capital Market Players

JAKARTA (TheInsiderStories) - Self Regulatory Organization (SRO) give a various stimulus to capital market communities ease the burden on publicly listed companies and securities house. Indonesia...

Indonesia’s FSA Receives Kookmin Bank’s Commitment at Bank Bukopin

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) had received a commitment from KB Kookmin Bank to continues to acquire a portion shares of...

Fin Min, FSA Signs a Decree to Support Economic Recovery Program

JAKARTA (TheInsiderStories) - Financial Service Agency (FSA) has signed the joint decree with the government to support the National Economic Recovery Program (ERP), said the...

Debt Issuance without Public Offering Rules Applies Today

JAKARTA (TheInsiderStories) - New rule related to the issuance of debt or SUKUK notes without public offering, including medium term note (MTN) rule, will take effect...

FSA Postpones Basel III Implementation for Indonesian Banks Until 2023

JAKARTA (TheInsiderStories) - Financial Service Authority (FSA) postponed the implementation of Basel III for Indonesian Bank. as part of the agency' stimulus for the financial...

South Korea’s Kookmin Bank to Become the Majority Shareholder of Bank...

JAKARTA (TheInsiderStories) - A private bank, KB Kookmin Bank will become the major shareholder of PT Bank Bukopin Tbk (IDX: BBKP), said the Financial Services Authority...

PEFINDO Revises Down Corporate Bond Issuances to US$8B in 2020

JAKARTA (TheInsiderStories) - Indonesian Rating Agency (PEFINDO) revised down this year' corporate bond issuances from initial targets Rp158 trillion Rp116.9 trillion (US$7.79 billion) caused of...

Indonesia Prepares Anchor Bank to Overcome Liquidity Problems

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) prepared anchor bank and a number of schemes to overcome the liquidity problems in the Indonesian financial industry...

FSA: Fund Raising in the Capital Market US$1.83B Until April

JAKARTA (TheInsiderStories) - Financial Services Authority (OJK) reported in the fourth months of 2020, fund raising through the capital market worth of Rp28.3 trillion (US$1.83 billion)...

Indonesia’s Bank BJB and Bank Banten Will Merges

JAKARTA (TheInsiderStories) - Two regional bank in West Java, PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (IDX: BJBR) and PT Bank Pembangunan Daerah Banten...

Indonesia’s FSA Urges the Bank Consolidation

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) encourages the banking consolidation to create a strong banking structure, expand the business scale and increase competitiveness...

Indonesian President Orders the Regulators Guard the Financial Market

JAKARTA (TheInsiderStories) - President Joko Widodo ordered Bank Indonesia (BI), Financial Service Agency (FSA), and Indonesia Deposit Insurace (IDX) creates a policy coordination to strengthened the...

Investors, Issuers Efforts to Help Indonesian Market Useless

JAKARTA (TheInsiderStories) - The impact of the spread of COVID-19 has affected various aspects of life, including the economy, the corporate income and investment. The bearish...