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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.
Deputy Finance Minister Suahasil Nazara said that Indonesia was still paying debts inherited from the 1997-1998 financial crisis.
President Jokowi reminded law enforcers to focus on prevention in terms of supervising the country's financial accountability.
The Ministry of Villages, Remote Areas Development, and Transmigration has channeled Village Funds direct financial aid to 40,086 villages.
Indonesian Supreme Court (MK) summonses President Joko "Jokowi" Widodo to testify on Perpu COVID-19 hearing, Wednesday, May 20, at 10:00.
Financial Planner Prita Ghozie shares tips on how to manage Eid allowance during the Covid-19 pandemic.
The Finance Ministry official Askolani clarified that the insurance premium of BPJS Kesehatan for third-class members will not increase.
DPR officially passed the government regulation in lieu of law (Perpu) No.1/2020 overseeing financial stability in facing the COVID-19 pandemic.
The Trade Ministry's Futures Exchange Supervisory Board (Bappebti) has blocked 114 websites of unlicensed futures brokers in April 2020.
OJK continues to closely monitor the development of the financial services sector under the economic pressure from the COVID-19 pandemic.
OJK came under tight scrutiny in the midst of default and graft scandals that hit Asuransi Jiwasraya.
The financial services authority (OJK) asks the public to be vigilant, and always check the list of legitimate online lenders registered with the OJK.
Jokowi highlights Indonesian financial literacy and inclusion index figures which are still low compared to other ASEAN countries in today's meeting.