Saturday, November 28th, 2009
The Asian Development Bank (ADB) has earmarked US$500 million in loans to speed up the second phase of Indonesia`s program to build power plants with a combined capacity of 10,000 megawatts, an ADB official said.
The ADB loans were intended to finance the construction of geothermal power plants as part of ...
Posted in Economic News | No Comments »
Wednesday, June 3rd, 2009
President Susilo Bambang Yudhoyono said that the Indonesian government would not use external loans to reinforce its fiscal financing although the South Korean government had offered assistance.
"If there is no urgent need, we should not necessarily borrow money although South Korea has offered us a loan," the president said here ...
Posted in Economic News | No Comments »
Saturday, December 27th, 2008
Bank Central Asia (BCA) is an Indonesian bank founded on August 10, 1955.
The Asian monetary crisis in 1997 had a tremendous impact on Indonesia’s entire banking system. In particular, it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian ...
Posted in Bank Central Asia (BCA) | 6 Comments »
