Indonesia

Capital / Liquidity

OJK Indonesia to Extend Payment Deadlines for MSME Loans

By Editors | 25/03/2020

OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.

Capital / Liquidity

Bank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers

By Editors | 22/03/2020

Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.

Securities / Derivatives

Indonesia Triggers Circuit Breaker, Suspends Pre-Opening Session

By Editors | 12/03/2020

IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.

Securities / Derivatives

Indonesia Halts Short Selling, Cuts Reserve Requirements

By Editors | 03/03/2020

Short selling was halted to stop panic selling after the first two cases of Covid-19 were detected in the country. Separately, the central bank has introduced 5 new policy measures.

Fintech / Regtech

Philippines, Indonesia Sign MOU on Payments, Digital Innovation

By Editors | 04/02/2020

The MOU aims to provide a framework for closer cooperation between the Philippine and Indonesian central banks to achieve enhance their payment systems and promote digital financial innovation.

Market Infrastructure

Indonesia Integrates Nine Bank Reports into Single Mechanism

By Editors | 20/12/2019

The integration aims to minimise redundant and inconsistent information, while simultaneously improving bank operational efficiency and the quality of reported data.

Market Infrastructure

Japan, Indonesia Agree to Local Currency Settlement for Trade, Investment

By Editors | 06/12/2019

Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.

Securities / Derivatives

Philippine Bourse Proposes Tightening of Delisting Rules

By Editors | 06/12/2019

Under the proposed rules, a voluntary delisting must be approved by all independent directors and by stockholders owning at least 75 percent of the total outstanding listed shares.

Market Infrastructure

Indonesia Announces Rules for the Establishment of CCPs

By Editors | 04/10/2019

The new rules from Bank Indonesia will take effect from June 2020, but the first CCPs for derivatives markets are unlikely to be operational until 2023.