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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...

Indonesian Market Down, Investors Needs More Confidence

JAKARTA (TheInsiderStories) - For the second time, Indonesia Stock Exchange (IDX) halt the stock market trading after the Jakarta Composite Index (JCI) plunge 5.11 percent to 4,645.77...

Some Indonesia’s Issuers Starts the Buyback Program

JAKARTA (TheInsiderStories) - Some issuers at the Indonesia Stock Exchange (IDX) announced will start their buyback program today. On March 9, the Financial Services Authority has...

Breaking: IDX Halt Stocks Market Trading After JCI Down 5%

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) halt the stocks market trading after the Jakarta Composite Index (JCI) down 5 percent to 4,895.75. The price...

Indonesia’s FSA Allows Issuer Buyback Shares up to 20%

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) allowed listed companies to buyback shares up to 20 percent of their paid-up capital without need a shareholders...

Indonesia Provides Stimulus to Support Financial Market

JAKARTA (TheInsiderStories) - Financial Service Agency (FSA), Bank Indonesia (BI) and finance ministry will synergize various policies to provide stimulus and maintain public confidence in Indonesia'...

Coronavirus More Dangerous than Trade War

JAKARTA (TheInsiderStories) - The coronavirus become new scourge for the global economy, especially Indonesia. Its pandemic is more dangerous than trade war. Its not surprising if the...

FSA Considers to Limits Bancassurance Businesses in Indonesia

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) plans to limit bancassurance products marketed by banks. The policy was taken followed the state-owned insurance firms,...

Indonesia’s Authority Prepares Stimulus to Support the Economy

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) prepares a stimulus to maintain national economic growth as a countercyclical policy in anticipation of down-side risk from...

Indonesia’s Commercial Insurance Grow 8.9% in 2019

JAKARTA (TheInsiderStories)- The Financial Services Authority (FSA) reported that the growth of Indonesia' commercial insurance premium during 2019, rose 8.0 percent to Rp281.2 trillion (US$20.09 billion)...

Morning Briefing: BI, ECB Monetary Policy Out Today

JAKARTA (TheInsiderStories) - Good Morning! Indonesian central bank announces its latest monetary policy today, after hold its key rates in the last meeting. At the...

Indonesia’s FSA Targets Total Emission US$14B in 2020

JAKARTA (TheInsiderStories) - Indonesian regulator, Financial Services Authority (FSA) targeting total emissions in the capital market to reach Rp200 trillion (US$14.29 billion) and 70 issuer become...

Indonesian President Urges the Market Society Keep Investor Trust

JAKARTA (TheInsiderStories) - In the opening of Indonesia Stock Exchange (IDX) first trading in 2020, Indonesian President Joko Widodo urged the market society to keep the...

Unicharm Indonesia Targeting US$106M from IPO

JAKARTA (TheInsiderStories) - Japan sanitary pads unit, PT Unicharm Indonesia plans to conduct an initial public offering (IPO) by offered 831.31 million new shares...

Indonesia’s Hanson Issues Bonds US$78M to Pay Liabilities

JAKARTA (TheInsiderStories) - Indonesian multinational company, PT Hanson International Tbk (IDX: MYRX) plans to issue convertible bond (CB) Rp1.1 trillion (US$78.57 million) to resolve...

Indonesia’s Financial Market Remains Stable

JAKARTA (TheInsiderStories) - Indonesian financial stability in the third quarter of 2019 remained under control, said the The Financial System Stability Committee (FSSC) on...