12 Aug '11, 6am

Indonesia suspends bank purchases: JAKARTA: Indonesia on Friday suspended the issuance of permits to purchase ba...

JAKARTA: Indonesia on Friday suspended the issuance of permits to purchase banks as it mulls new ownership laws that would limit how much single investors can buy in local commercial lenders. "Hopefully the regulation can be issued later this year," central Bank Indonesia spokesman Difi Johansyah said, according to Dow Jones Newswires. The proposed regulation is designed to improve prudential practices in commercial banks by preventing a single investor dominating management. Single investors currently can own up to 99 percent of local banks. The restriction would apply to local as well as foreign investors but analysts say it could especially hit offshore interest in the local banking market and force some foreign players to sell their majority stakes. Interest in the local banking sector has grown thanks to Indonesia's booming economy, with growth expected to reach about...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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Which bank?

yesterday.sg 21 Aug '11, 12am

Latest Blog Posts Which bank? Howard Cashin's house Y.sg in the UK: The Beatles Magical Mystery Tour Exhibitions Till 16 O...

'More dangerous' times ahead: World Bank chief

'More dangerous' times ahead: World Bank chief

straitstimes.com 13 Aug '11, 9am

World Bank chief Robert Zoellick on Saturday warned of a 'new and more dangerous' time in the global economy, with little ...

'More dangerous' times ahead: World Bank chief

'More dangerous' times ahead: World Bank chief

channelnewsasia.com 13 Aug '11, 4am

SYDNEY: World Bank chief Robert Zoellick warned of a "new and more dangerous" time in the global economy on Saturday, with...

PSA by @HanisZalikha but it's actually a good a...

inibelogsaya.blogspot.com 13 Aug '11, 7am

kejadian ni same ngan my mom aritu..smpaikan my mom nanges auw.. my mom bg kat org bank tu rm1500 tapi dia ckp rm1300 je.....

It's Friday, Friday!

It's Friday, Friday!

michellephan.com 13 Aug '11, 2am

I decided to sport a smokey look for my Friday night plans. What about you guys? Anything fancy? I'm actually going to a f...

Indonesia's growth set to accelerate

channelnewsasia.com 16 Aug '11, 8am

JAKARTA: Indonesia's economic growth is likely to continue accelerating, reaching 6.6 percent this year despite the latest...

Indonesia cental bank studies limits on loans to robust sectors

Indonesia cental bank studies limits on loans t...

asiaone.com 03 Aug '11, 1am

JAKARTA - Indonesia's central bank might impose rules to reduce rapid loan growth in sectors such as property and autos by...

@AsiaTodayNews Indonesia warns tourists away from smoking volcano: BANDUNG (AP) - Indonesian offi... - #Asia #News

@AsiaTodayNews Indonesia warns tourists away fr...

straitstimes.com 13 Aug '11, 12pm

Indonesian officials have warned people to stay more than 2km away from two craters on a smoking volcano spewing noxious g...