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Financial inclusion is important for boosting shared prosperity across Indonesia.
State Secretariat spokesman Eddy Cahyono Sugiarto confirmed that the government has never issued a Presidential Decree on state financial emergency.
The Financial Services Authority (OJK) signed a Memorandum of Understanding (MoU) with the Monetary Authority of Brunei Darussalam (AMBD).
The Attorney General's Office (AGO) has yet to take action against other perpetratorsin the Asuransi Jiwasraya investment fund scandal.
The Financial Services Authority (OJK) targeted issuing regulations on digital banks before the end of the first semester of this year.
Amsterdam's zoo, Artis, says it will stop keeping lions because it can't afford them due to the financial fallout from the pandemic.
More effort is needed to leverage financing from various non-traditional sources, according to panelists of a 'Paris Agreement' policy discussion.
President Jokowi stated that improving financial inclusion is necessary to boost development and economic growth in regions.
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support Indonesia's efforts to expand financial access.
Bank Indonesia (BI) Governor Perry Warjiyo said the central bank will keep its low interest rate policy next year.
Unilever-owned tech firm created the COVID-19 War Game to allow executives to explore the impact of huge job cuts on future earnings prospects.
Grab Indonesia says the company chose to invest in LinkAja to join forces in achieving the goal of accelerating financial inclusion in Indonesia.
Millennials often make mistakes in financial planning that cause them difficulties to start investing in early years, said a financial expert.
PPATK has detected suspicious fund flows from several overseas companies to Indonesia involving several local banks.
A government representative denies that Bank Indonesia will be affected by its financial reform plans.
BEHIND the big names of major banks around the world is a hidden story of the failure of the global financial system to detect cross-border crime.
The Financial Services Authority or OJK predicted that Indonesian banks' profits by the end of the year will decline by 30 to 40 percent.
Indef economist asked the government to review its plan to issue a financial system reform perpu and fears a market turmoil could be sparked.
President Jokowi said that the economic crisis caused by the COVID-19 pandemic far exceeds the economic crisis the country faced back in 1998.
The government must be very careful in paying in bank liquidity assistance. The 1998 Bank Indonesia Liquidity Assistance problems must not reoccur.