Indonesia

It will assist in supervising banks under 'intensive supervision' status.

Bank BRI recorded $33.5m in transaction value from local MSME exports in 2019.

The banks hopes to streamline processes and protect clients from fraud.

NBFIs have been the main source of problematic defaults.

The president is reportedly unhappy about the Financial Services Authority's performance.

Its banking watchdog assured that the sector is well-capitalised, on aggregate.

Senyumku is currently available in lite version.

But the loosening of loan restructuring rules should help alleviate negative effects.

Faster funds transfer can add up to 0.5% in GDP growth for SEA.

The government said healthy lenders can apply to cash-strapped peers.

Restructured loans have grown considerably and will increase further.

It will support the construction and commissioning of two geothermal plants in Java.

It will complicate domestic consumption and cash collections, analysts said.

Two more rate cuts may be on the horizon.

It has a flat interest rate of 1.42% monthly or 17.04% annually.

Whilst the Chinese market is big enough to allow for two major e-payments players, Indonesia needs to unify efforts from otherwise competing tech companies.