Saturday, January 9th, 2010
The Capital Market and Financial Institutions Supervisory Board (Bapepam-LK) has allowed state electricity firm PT Perusahaan Listrik Negara (PLN) to double the value of its bonds offered to Rp3 trillion.
Bapepam allowed PLN to do so after the bonds were oversubscribed, PLN Finance Director Setio Anggoro said in a press statement ...
Posted in Bapepam | No Comments »
Saturday, November 28th, 2009
Indonesia is projected to require an investment of up to US$4 billion to finance its energy efficiency program, an Asian Development Bank (ADB) official said.
The investment need means an opportunity for domestic and foreign financial institutions, Director of the ADB Water and Energy Division Anthony Jude said on here Thursday.
"The ...
Posted in Economic News | No Comments »
Thursday, September 10th, 2009
Indonesia is supporting efforts to improve regulations related to financial institutions. This is part of the agreement made by finance ministers and central bank governors of G-20 countries in London, last week.
The meeting requires banks to increase the amount and quality of their capital reserves, including their assets.
Posted in Banking News | No Comments »
