Kamis , 05 Apr 2012, 23:04 WIB

World Bank: Indonesian state budget deficit could be wider

  JAKARTA – World Bank predicted Indonesian budget deficit could be wider compared to the previous year despite the Indonesian economic growth of 6.1 percent. The projection of Indonesia economic...

Kamis , 05 Apr 2012, 22:45 WIB

BI probes DBS' motive to buy Danamon shares

REPUBLIKA.CO.ID, JAKARTA – Bank Indonesia (BI) as Indonesian Central Bank, called out DBS Singapore over the acquisition on 67.37 percent of Danamon Bank share. BI seeks DBS’ motive and plan in buying Danamon shares considering that it already has DBS Indonesian Bank. The acquisition has a potency to breach single present policy (SPP) in Indonesia. “I would like to now DBS’...