Commentary: Indonesia's financial market realities must be dealt with soon

Indonesia has managed a challenging global environment pretty well.

The Trump administration continues to weaken the global rules and institutions which have underpinned much of Asia’s prosperity, particularly the World Trade Organisation. Sixty per cent of Jokowi’s infrastructure promises were to be funded by state-owned enterprises and the private sector. But to date, state-owned enterprises have funded almost 100 per cent and have become substantially more indebted as a result.There are concerns in what has been a relatively stable banking system in the past decade. High demand for loans in 2018 and portfolio capital outflow have drained liquidity from Indonesia’s banks, particularly smaller banks.

The law creates a Crisis Committee consisting of Bank Indonesia, the Financial Services Authority, the Deposit Insurance Agency and the Ministry of Finance. If a troubled bank needs emergency assistance, there must be agreement between all four.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Commentary: How rising star Jet airways fell victim to a cutthroat, competitive aviation marketJet Airways had few funds available to keep up with challengers, particularly from fast-growing and well-funded competitors in the Gulf, NUS ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Commentary: Made in Van Phuc, these Vietnamese silk artisans are working against mass market consumerismThe Vietnamese town in Hanoi has specialised in silk weaving since the 13th century, Grenoble Ecole de Management's Hung M Nguyen and Marcos ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Financial market 'pause party' makes Fed rate cut less likelyRisk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks are back near record highs ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »