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Further consolidation in the banking sector

The Financial Services Authority (OJK) plans to issue new regulation about minimum equity of banks, which could accelerate consolidation in the industry in the next few years. Some small banks have been acquired by major or new investors, including fintech players, in the past few years.

Business

Further consolidation in the banking sector

The Financial Services Authority (OJK) plans to issue new regulation about minimum equity of banks, which could accelerate consolidation in the industry in the next few years. Some small banks have been acquired by major or new investors, including fintech players, in the past few years.

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Asian Shares Fall on Concern About China Coronavirus

Stocks markets in Asia retreated on Tuesday afternoon, after the World Health Organization (WHO) announced Monday that it was convening an emergency meeting on the coronavirus that spread quickly across China. At the same time,...

BoJ Holds Rates, Revises Up GDP Growth Forecasts

The Bank of Japan (BoJ) left its key short-term interest rate unchanged at -0.1% during its January meeting, and kept the target for the 10-year Japanese government bond yield at around 0%. At the same time, policymakers revised...

China Leaves Key LPRs Steady for Second Month

The People’s Bank of China left its benchmark 1-year Loan Prime Rate (LPR) unchanged for the second consecutive month at 4.15% on January 20th 2020. The 5-year LPR, generally used for new mortgage loans, was also left on...

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Helmy Yahya’s Dismissal & MOLA-TVRI Deal

When we first published the article titled ‘MOLA-MATRIX Heats Up TV Business’ last July, we predicted a heating up in the broadcasting industry. We, however, didn’t predict it would lead to dismissal of Helmy Yahya, CEO of public broadcasting company TVRI. Helmy is younger brother of Tantowi Yahya, Golkar party politician, who is now Indonesian Ambassador to New Zealand.

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