Month: December 2015

Weak rupiah helps push down RI’s liabilities

Jakarta, 31 December 2015 Weak rupiah helps push  down RI’s liabilities The sharp drop in the rupiah against the US dollar during the third quarter this year caused a decline in Indonesia’s net foreign financial liabilities from the previous quarter, the latest report from Bank Indonesia (BI) has shown. According to the International Investment Position […]

Banking industry battered inside out in 2015

Jakarta, 31 Desember 2015 Banking industry battered  inside out in 2015 The banking industry has experienced the downside effects of numerous challenges in the global and domestic economy this year after enjoying significant growth in previous years. Domestic banks, which enjoyed more than 20 percent loan growth for years, were forced to lower their targets […]