Indonesia Banking Industry Newswire

Indonesia should harness untapped sharia economic potential: Jokowi

16 hours ago President Joko Widodo (right), Finance Minister Sri Mulyani (centre), and Vice President Ma'ruf Amin (left). Jan 25, 2021. ANTARA/HO-KIP Setwapres/aa. Jakarta (ANTARA) - President Joko Widodo (Jokowi) underscored the need for …

Cash waqf at banks totaled Rp328 billion until Dec: Minister

14 hours ago Screenshot of Minister of Finance Sri Mulyani Indrawati during the launch of the National Movement for Cash Waqf and the Inauguration of the Islamic Economic Brand in Jakarta, Monday (25/1/2021). (ANTARA / AstridFaidlatulHabibah) …

Indonesia central bank government says signs of inflation pressure may be seen in fourth quarter

Saudi banks show resilience as cbank supports

Compared with other emerging markets, Saudi Arabian banks have showed some resilience thanks to support from the Central Bank and minimal reliance on external funding, said S&P Global Ratings in a new report. The financial performance of rated Saudi …

Indonesia c.bank governor predicts signs of inflationary pressure in Q4

* BI to drain excess liquidity once it decides to tighten policy * BI has room for more cuts, but focus is on bank lending rates * BI expected to buy less government bonds in 2021 vs 2020 (Adds direct quotes, context) JAKARTA, Jan 25 (Reuters) - Indonesia’ …

Indonesia c.bank gov says signs of inflation pressure may be seen in Q4

By Reuters Staff JAKARTA, Jan 25 (Reuters) - Indonesia’s central bank said signs of inflation accelerating might be seen in the fourth quarter but the bank would not immediately raise interest rates in response, Governor Perry Warjiyo said on Monday. …

Five Market Trends Driving Energy Transition

After 2020 the art of prediction may seem like an imprudent luxury. While no one could have forecast how the year would play out, there were trends in play which continue to drive fundamental shifts in the energy markets. Energy transition is firmly …

Rising virus deaths hit Indonesian shares; Asian currencies dip

Indonesian shares fell more than 1 percent on Friday after the country reported a record jump in COVID-19 deaths for the second time this week, while a steady dollar put a brake on recent rises in Asian currencies. The record fatalities and sharp rise in …

Indonesia Central Bank Keeps Rate Unchanged

Indonesia's central bank maintained its key rates at its first policy meeting this year, after lowering by a cumulative 125 basis points in 2020. The Board of Governors of Bank Indonesia decided to retain the BI 7-day reverse repo rate at 3.75 percent. …

Indonesia to improve credibility of Jakarta interbank dollar rate, Banking & Finance

Thu, Jan 21, 2021 - 8:20 PM [JAKARTA] Indonesia's central bank will widen the observation period for its Jakarta Interbank Spot Dollar Rate (Jisdor) to strengthen and promote its use as a reference for foreign exchange rates, Governor Perry Warjiyo …

Indonesia central bank keeps rates unchanged, vows more support

Listed banks report 32% dip in profits

The average of 10 SET-listed commercial banks and subsidiaries is a 32% decline in combined net profit based on unaudited financial statements for 2020, largely attributed to higher loan-loss reserves. Aggregate net profit stood at 138 billion baht last …

Digital banking transactions to reach Rp32,206 trillion in 2021: BI

It seems that last year, it had reached Rp27,036 trillion, and this year, it is estimated at Rp32,206 trillion. This is much higher than our nominal GDP Jakarta (ANTARA) - Governor of Bank Indonesia (BI) Perry Warjiyo reckoned that digital banking …

India’s Fears Of A ‘Taper Tantrum’ Have A History Problem

Raghuram Rajan, Governor of Reserve Bank of India, after the 555th Central Board meeting at RBI ... [+] office, where he said that RBI is expecting a zero to 25 basis points hike in U.S. Fed rates on December 11, 2015 in Kolkata, India. Indranil Bhoumik…

Indonesia's COVID vaccination campaign puts younger workers first

Young and healthy people across the world might have to wait until summer 2021, or even into 2022, to receive a COVID vaccine. However, in Indonesia, the government plans to put people aged from 18-59 years old near the front of the line for shots. The …

Indonesia c.bank may cut policy rate but focus is on lower bank lending rate

By Reuters Staff JAKARTA, Jan 22 (Reuters) - Indonesia’s central bank has room for further policy rate cuts but at the moment is focusing on getting banks to lower their lending rates, Bank Indonesia (BI) Governor Perry Warjiyo said in a virtual seminar on …

Vietnam investment opportunities: Q&A with Wiziin CEO Tien Nguyen

Many startups are confused about how to find angel investors, while investors are discouraged by the lack of transparency of information about startup investments. Nguyen Ngoc Tien (aka Tien Nguyen), founder and CEO of Wiziin Vietnam, saw this pain point …

Indonesia c.bank keeps rates unchanged, vows more support

* Benchmark rate unchanged at 3.75%, as expected * C.bank gov: vows to direct all instruments to support economy * BI slashed interest rates by 125 bps in 2020 JAKARTA, Jan 21 (Reuters) - Indonesia’s central bank held interest rates unchanged at its first …

Sharia fintech to transform Indonesia into halal producers' hub

It is impossible for Indonesia to become a global hub for halal producers without the help of technology. I guarantee if we only apply a traditional approach, we will not achieve it since technology makes movement massive, faster, more efficient, and …

Atlantic Management Company, Inc. Advises on ESOP Transaction for Wallace Building Products Corporation

Wallace Building Products Corporation is pleased to announce the transition to employee ownership by becoming 100% employee owned. PORTSMOUTH, NEW HAMPSHIRE, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- Wallace Building Products …

Steidle Pension Solutions Announces its 2021-2022 401k, Cash Balance, & Defined Benefit Plan Administration Fee Schedule

Steidle Pension Solutions Announces its 2021-2022 401k, Cash Balance, & Defined Benefit Plan Administration Fee Schedule LEBANON, NEW JERSEY, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- Steidle Pension Solutions, LLC (“SPS”), a …

David Bell Examines Branding Opportunities for 2021

NEW YORK, NY, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- David Bell has worked with many different companies over the years to help expand their branding and marketing reach. And during the year 2021, with the Coronavirus and other …

Compass Properties Installs Bipolar Ionization System to Prevent Spread of COVID 19 in its Office Buildings

NPBI produces ions that attach to particles (e.g. COVID 19) and makes them easier to filter and destroy MADISON , WI , UNITED STATES , January 25, 2021 /⁨EINPresswire.com⁩/ -- Compass Properties, a Madison-based commercial real estate management …

IoT – Catalyst for Business Growth

If your company had an app with an internal communication network, employees could better interact with one another, creating a much better work environment. OTTAWA, ONTARIO, CANADA, January 25, 2021 /⁨EINPresswire.com⁩/ -- It seems that now …

New Book Promises to Help Chamber Professionals Have a Greater Impact on Their Chambers and Communities

FRESNO, CALIFORNIA, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- Ignite Press announced the release of Horseshoes vs. Chess: A Practical Guide for Chamber of Commerce Leaders, by seasoned chamber executive and former mayor Dave Adkisson. …

Luxury Design, Build and Construction Mgmt Firm Share Plans for New Multi-Use Complex in Alpharetta at Feb. 10 Hearing

New Multi-Use Complex coming to Alpharetta, GA. Public hearing Feb. 10th. ATLANTA, GA, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- To support the ongoing growth of the Alpharetta community, Alux Properties of Atlanta is spearheading …

Mark Stephen Pooler the Global Profile Builder Honored on Service Hero TV Show

Mark Stephen Pooler will be honored Monday, January 25, 2021 on the Service Hero TV Show airing at Noon PST on WEBtv WINCHESTER, CALIFORNIA, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- The Service Hero TV Show, Hosted by Tamara L. …

Pi Plus to be Accepted in Japan via HIVEX™ Payment Platform in 2021

TAIPEI, TAIWAN, January 25, 2021 /⁨EINPresswire.com⁩/ -- PChome InterPay, Inc. (“PChome InterPay”) and TBCASoft, Inc. (“TBCASoft”) jointly announced the participation of Pi Plus in the HIVEX™ payment platform. HIVEX, an open mobile payment platform …

We Insure Announces First Automotive Dealership Franchise Partnership with Agency Owner Maria Prieto

JACKSONVILLE, FL, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- We Insure Inc., an independent insurance franchise company, announced today the opening of Latino Insurance in Orlando, Florida. Latino Insurance is the first We Insure …

Agreement Express Launches Merchant ScanXpress

Multiply processing volumes by supercharging your underwriting and boarding more merchants than ever. VANCOUVER, CANADA, January 25, 2021 /⁨EINPresswire.com⁩/ -- Agreement Express, the leading client onboarding platform for financial services, …

Shopping Cart Elite and Signifyd Partner to Virtually Eliminate E-commerce Fraud

Shopping Cart Elite’s e-commerce solutions partnered with Signifyd’s commerce protection expertise prove to be the perfect combination for businesses. NEW YORK, NEW YORK, UNITED STATES, January 25, 2021 /⁨EINPresswire.com⁩/ -- With the latest …

Ideal Homes Announces Brand New Property Series Starting February, 2021

Starting on 5th February, 2021, IHTV will be offering weekly episodes on everything buyers would need to know about purchasing property abroad. QUARTEIRA, FARO, PORTUGAL, January 25, 2021 /⁨EINPresswire.com⁩/ -- Ideal Homes have announced they are …

IPT Group acquires PRIMOVE E-mobility Wireless Charging technology portfolio

EFRINGEN-KIRCHEN, BADEN-WüRTTEMBERG, DUITSLAND, January 25, 2021 /⁨EINPresswire.com⁩/ -- IPT Group, holding company of IPT Technology, one of the leading global manufacturers of wireless charging and electrification solutions applied in industrial …

Tech for Good Awards: Nominations open to recognise innovation that drives positive social or environmental change

LONDON, UNITED KINGDOM, January 25, 2021 /⁨EINPresswire.com⁩/ -- A new awards programme launched today will recognise and champion the organisations and individuals harnessing technology to achieve social, environmental, humanitarian and other …

Finhaven Private Markets — a new private securities marketplace — launches across Canada

Accredited investors now accepted for onboarding. First global issuer listed. Target industries include: climate change, food, real estate and tech. VANCOUVER, BRITISH COLUMBIA, CANADA, January 25, 2021 /⁨EINPresswire.com⁩/ -- Finhaven Private …

Monetran, Blockchain's Best Kept Secret, Joins Investor Demo on Netcapital

Minimum Viable Product to Launch Soon WILMINGTON, DELAWARE, US, January 25, 2021 /⁨EINPresswire.com⁩/ -- The management of Monetran has announced that the company will participate in an online investor information Demo sponsored by the SEC …

The Radicati Group Releases “Social Networking Statistics Report, 2021-2025”

Adoption and four-year forecasts for business and consumer Social Networking PALO ALTO, CA, US, January 25, 2021 /⁨EINPresswire.com⁩/ -- For Immediate Release Contact: admin@radicati.com The Radicati Group, Inc. (650) 322-8059 …

Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter and Annual Earnings of $1.28 and $4.21 Per Diluted ...

Preliminary Financial Results and Other Matters for the Quarter and Year Ended December 31, 2020: CECL Adoption: The recently-enacted COVID relief legislation, the Consolidated Appropriations Act, 2021, provides for an optional additional delay for certain …

Southern Missouri Bancorp Reports Preliminary Results for Second Quarter of Fiscal 2021; Increases Quarterly Dividend to ...

Poplar Bluff, Missouri, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the second quarter of fiscal 2021 of $12.0 …