IDX Lifts Suspension of TFAS

IDX Lifts Suspension of TFAS

The Indonesia Stock Exchange (IDX) re-opened the stock trading of PT Telefast Indonesia Tbk (TFAS) on the regular market and the cash market starting the trading session I, Tuesday (23/2).

BI Critics Banks on Slow Respond to Rate Cut

BI Critics Banks on Slow Respond to Rate Cut

Bank Indonesia (BI) is not satisfied with the current position of bank lending rates. Since last June 2019, BI has cut the 7-day reverse repo rate (7DRRR) by 225 basis points to the level of 3.5 percent. However, bank credit interest is still relatively high.