#Finance
Banking credit risk in the mining sector remains under control: Analyst
Banking financing for the mining sector in Indonesia has continued to show good performance, particularly in regards with the relatively low non-performing loans (NPL), significantly making the sector still attractive to banks, despite global challenges that affect economic performance.
CELIOS warns of potential budget deficit due to free nutritious meal program
The Center of Economics and Law Studies (CELIOS) research institute revealed that the state budget (APBN) deficit has the potential to exceed the safe limit and could reach three percent in 2029 due to the free nutritious meal program (MBG).
Perry: Room to lower BI-Rate still open, focus on sustaining rupiah stability
Governor of the Indonesian Central Bank (BI), Perry Warjiyo, says that the room to lower the BI-Rate benchmark interest rate is still open in the future.
ALUDI optimistic about SCF development amid economic challenges
The Indonesian Crowdfunding Service Association (ALUDI) expressed its optimism about the prospects of securities crowdfunding (SCF) in Indonesia despite global and domestic economic challenges.
JBIC-funded LNG projects harm communities: Report
A report by a coalition of civil society organizations has alleged that a number of global liquefied natural gas (LNG) projects financed by Japan Bank for International Cooperation (JBIC) had impacted the environment and ivelihood of the surrounding communities.
Menara Syariah-INCEIF collaborate on sustainable Waqf, climate investments
Menara Syariah and INCEIF University held a symposium aimed at bringing together industry experts, scholars, and practitioners in exploring and addressing Islamic finance on Thursday, August 8, 2024.
Bank Danamon targets double-digit loan growth in 2024
A senior officer with PT Bank Danamon Indonesia (BDMN) reveals that the bank aims for double-digit loan growth in 2024 upon monitoring positive trend of the bank's lending so far.
Current policies are hindering progress, and government incentives will be essential to support coal companies' energy transition: Ashok Mitra
Ashok Mitra, serves as the CEO of Kaltim Prima Coal (KPC) and COO of Bumi Resources Tbk, a company owned by the Indonesian conglomerate, Bakrie Group. With extensive experience in the mining industry, Mitra has been pivotal in leading one of Indonesia's largest coal producers. In this interview, Mitra shares his insights with Indonesia Business Post, discussing his long-term vision for coal mining companies in the context of Indonesia's energy transition.
BNI allocates Rp1.9 trillion for IT enhancement to boost digital security
PT Bank Negara Indonesia Tbk (BNI) has allocated a capital expenditure (capex) of Rp 1.9 trillion (US$117 million) for information technology (IT) enhancement this year aimed at bolstering digital security, particularly for customer data.
BI-ASEAN Central Banks complete phase 3 blueprint of Project Nexus
The Indonesian Central Bank (BI), along with the central banks of four other ASEAN countries, has completed the Phase 3 blueprint of Project Nexus, aimed at enabling participating countries to achieve faster and smoother domestic instant payment interconnections.
PLN secures global funding forelectrification, renewable energy development
State electricity company PT PLN has secured a lending facility from a consortium of the World Bank, Canada Clean Energy & Forest Climate Facility and Clean Technology Fund amounting to US$581.5 million for increased access to electrification in the country, energy transition programs and the company's digitization.