Indonesia
Banks in emerging Asia wrestle for e-payments market share against telcos and online upstarts
Banks in emerging Asia wrestle for e-payments market share against telcos and online upstarts
Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively.
7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek
The app’s wide payment capabilities poses a risk to conventional banks.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Indonesia's GDP growth rose 5.07% to US$951m in 2017
This was driven by the information and communication industry.
Indonesia's GDP to grow 5.3% in 2018
This will be the highest GDP growth in Asia.
Indonesia's headline inflation rate falls to 3.9% in July
It’s been heading downwards for the past five months.
Indonesia cuts reverse repo rate to 4.5%
Lendings and deposit facility rates also fell by 25bps.
Indonesia's first trade deficit in 19 months hits US$271.2m
Blame an oil and gas deficit of US$604m.
Indonesian GDP growth still at 5%
Its communications business field improved the most at 10.9%.
Indonesian gov't approves 2.92% budget deficit proposal
It treads near the legal limit of 3%.
Indonesia's headline inflation rises to 4.37%
Costs stayed high despite government efforts to keep them down.
Crude oil price increase in Indonesia is likely to be constrained next year: Fitch
This is despite a three-fold rise in biodiesel demand.
Indonesia maintains policy stance at 4.75%
It also trimmed GDP forecast to 5-5.4% amidst global uncertainty.
Indonesia's infrastructure drive needs more PPPs: Fitch
Infrastructure projects are worth IDR5.5trn.
Delay in new rule raises pressure on Indonesian taxi firms: Fitch
Credit metrics of conventional taxi operators to get worse.
Profits of cement producers in Indonesia under pressure as supply glut looms
Utilisation rate down to 65% to 70% in 2016.
Indonesia's manufacturing output up in September
Another rate cut is likely amidst low inflation.
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