The Financial Service Authority (OJK) Monday presented the challenges Indonesia has to face in 2016. Muliaman D Hadad, the head of the OJK noted that the economic recovery in some countries remain slow, while economic recovery for China remained uncertain. Muliaman then said that corporates performances would stay weak in the second half of this year due to the economic slowing down both in global and domestic fronts. Other challenge is the uncertainty of the Fed rate hike. Muliaman also projects the credit and market risks faced by domestic financial institutions to remain stable in 2016 inline with the controlled-volatility in domestic financial market.
To subscribe please click here
