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JAKARTA: Indonesia has almost 2,000 banks and a currency that has plunged 11% since January, a combination overburdened regulators hope will prove irresistible to foreign acquirers.
KUALA LUMPUR: The ringgit was lower against the US dollar early Monday despite the higher oil prices, a dealer said.
INDONESIAN authorities have generally opened their arms to fintech companies offering online loans in South-East Asia’s biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending.
Jakarta: Campaigning for Indonesia’s presidential election in April has kicked off, pitting incumbent Joko Widodo against a former military general in the race to lead the world’s third-biggest democracy.
Jakarta (AFP) - Campaigning for Indonesia's presidential election in April kicked off Sunday, pitting incumbent Joko Widodo against a former military general in the race to lead the world's third-biggest democracy.
Trade war mania and emerging market routs have been driving markets, and for now they do as if the reversal is taking place.
JAKARTA (Reuters) - Indonesian President Joko Widodo launched his re-election campaign on Friday, looking to win over big blocs of millennial and Muslim voters as Southeast Asia's biggest economy sails into choppy waters.
BENGALURU: Asian currencies strengthened for the third consecutive day on Friday, supported by a weaker dollar and shifting views over how much damage the Sino-U.S. trade war will inflict on global demand and export-reliant regional economies.
KUALA LUMPUR: The ringgit was stronger against the US dollar early Friday helped by news of a US-Mexico trade agreement, dealers said.
JAKARTA: Indonesia's finance minister said the government aims to "persuade" exporters to keep earnings onshore and convert them into rupiah, rather than make this mandatory, amid confusion over a plan floated this week to support the ailing currency.